Illinois Municipal Retirement Fund Grows Stock Holdings in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY)

Illinois Municipal Retirement Fund lifted its position in shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) by 3.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 21,711 shares of the company’s stock after purchasing an additional 776 shares during the period. Illinois Municipal Retirement Fund’s holdings in Sun Country Airlines were worth $342,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of Sun Country Airlines by 3.7% during the 3rd quarter. Vanguard Group Inc. now owns 4,209,412 shares of the company’s stock worth $62,468,000 after purchasing an additional 150,735 shares during the last quarter. Boston Partners lifted its position in Sun Country Airlines by 95.7% in the third quarter. Boston Partners now owns 109,038 shares of the company’s stock valued at $1,618,000 after acquiring an additional 53,320 shares during the last quarter. Bank of New York Mellon Corp lifted its position in Sun Country Airlines by 1.2% in the third quarter. Bank of New York Mellon Corp now owns 313,627 shares of the company’s stock valued at $4,654,000 after acquiring an additional 3,748 shares during the last quarter. State of Alaska Department of Revenue lifted its position in Sun Country Airlines by 4.4% in the third quarter. State of Alaska Department of Revenue now owns 25,108 shares of the company’s stock valued at $372,000 after acquiring an additional 1,052 shares during the last quarter. Finally, Strs Ohio purchased a new stake in Sun Country Airlines in the third quarter valued at $247,000.

Insider Transactions at Sun Country Airlines

In other news, CEO Jude Bricker sold 2,145 shares of the business’s stock in a transaction dated Tuesday, April 2nd. The shares were sold at an average price of $14.35, for a total transaction of $30,780.75. Following the transaction, the chief executive officer now directly owns 124,991 shares in the company, valued at $1,793,620.85. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have sold a total of 5,073 shares of company stock worth $72,944 over the last ninety days. 3.50% of the stock is currently owned by company insiders.

Sun Country Airlines Trading Up 1.4 %

NASDAQ SNCY opened at $13.50 on Thursday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.63 and a current ratio of 0.65. The firm has a market cap of $719.42 million, a PE ratio of 11.07, a P/E/G ratio of 0.45 and a beta of 1.63. Sun Country Airlines Holdings, Inc. has a one year low of $11.96 and a one year high of $23.80. The firm’s fifty day moving average is $14.51 and its two-hundred day moving average is $14.57.

Sun Country Airlines (NASDAQ:SNCY) last posted its quarterly earnings data on Wednesday, January 31st. The company reported $0.12 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.06. The company had revenue of $245.54 million for the quarter, compared to analyst estimates of $248.82 million. Sun Country Airlines had a net margin of 6.88% and a return on equity of 15.23%. Analysts expect that Sun Country Airlines Holdings, Inc. will post 1.64 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on SNCY shares. Morgan Stanley raised shares of Sun Country Airlines from an “equal weight” rating to an “overweight” rating and set a $21.00 price target for the company in a research report on Monday, February 26th. Susquehanna reissued a “neutral” rating and issued a $15.00 price target (down from $17.00) on shares of Sun Country Airlines in a research report on Wednesday, January 10th. Finally, Barclays boosted their price target on shares of Sun Country Airlines from $18.00 to $20.00 and gave the company an “overweight” rating in a research report on Monday, February 5th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Sun Country Airlines has a consensus rating of “Moderate Buy” and an average target price of $19.60.

Sun Country Airlines Company Profile

Sun Country Airlines Holdings, Inc, an air carrier company, operates scheduled passenger, air cargo, charter air transportation, and related services in the United States, Latin America, and internationally. It operates through two segments, Passenger and Cargo. The company also provides crew, maintenance, and insurance services through ad hoc, repeat, short-term, and long-term service contracts; and loyalty program rewards.