Sun Communities, Inc. $SUI Shares Acquired by Sei Investments Co.

Sei Investments Co. increased its position in shares of Sun Communities, Inc. (NYSE:SUI) by 33.1% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 771,978 shares of the real estate investment trust’s stock after buying an additional 191,973 shares during the period. Sei Investments Co.’s holdings in Sun Communities were worth $97,238,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the company. CoreCap Advisors LLC grew its stake in shares of Sun Communities by 3.8% during the fourth quarter. CoreCap Advisors LLC now owns 2,228 shares of the real estate investment trust’s stock valued at $276,000 after acquiring an additional 82 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Sun Communities by 9.1% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,003 shares of the real estate investment trust’s stock worth $127,000 after acquiring an additional 84 shares during the last quarter. IFP Advisors Inc lifted its stake in shares of Sun Communities by 3.2% in the fourth quarter. IFP Advisors Inc now owns 2,902 shares of the real estate investment trust’s stock worth $360,000 after acquiring an additional 89 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Sun Communities by 13.2% in the fourth quarter. EverSource Wealth Advisors LLC now owns 773 shares of the real estate investment trust’s stock worth $96,000 after acquiring an additional 90 shares in the last quarter. Finally, CIBC Asset Management Inc boosted its holdings in Sun Communities by 2.1% in the fourth quarter. CIBC Asset Management Inc now owns 5,467 shares of the real estate investment trust’s stock valued at $677,000 after purchasing an additional 112 shares during the last quarter. Institutional investors and hedge funds own 99.59% of the company’s stock.

Sun Communities Stock Performance

SUI stock opened at $120.14 on Friday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 3.39 and a current ratio of 3.39. The stock has a market capitalization of $14.80 billion, a price-to-earnings ratio of 10.91, a PEG ratio of 3.96 and a beta of 0.79. Sun Communities, Inc. has a 1 year low of $115.53 and a 1 year high of $137.85. The stock’s fifty day moving average is $122.01 and its two-hundred day moving average is $126.44.

Sun Communities (NYSE:SUI) last released its quarterly earnings results on Monday, April 27th. The real estate investment trust reported ($0.07) EPS for the quarter, missing the consensus estimate of $1.31 by ($1.38). Sun Communities had a return on equity of 0.16% and a net margin of 62.29%.The firm had revenue of $500.50 million for the quarter, compared to the consensus estimate of $472.40 million. During the same quarter in the prior year, the company posted $1.26 EPS. The firm’s revenue was up 8.0% on a year-over-year basis. Sun Communities has set its Q2 2026 guidance at 1.710-1.790 EPS and its FY 2026 guidance at 6.870-7.070 EPS. On average, research analysts predict that Sun Communities, Inc. will post 6.9 EPS for the current year.

Sun Communities Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were given a $1.12 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $4.48 annualized dividend and a yield of 3.7%. Sun Communities’s dividend payout ratio is 40.69%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Evercore restated an “outperform” rating and set a $144.00 price objective on shares of Sun Communities in a research note on Wednesday, April 29th. Jefferies Financial Group raised Sun Communities to a “strong-buy” rating in a research report on Wednesday. Mizuho reduced their target price on Sun Communities from $143.00 to $137.00 and set an “outperform” rating for the company in a research note on Tuesday, June 30th. Weiss Ratings downgraded shares of Sun Communities from a “buy (b-)” rating to a “hold (c)” rating in a research report on Friday, May 1st. Finally, Deutsche Bank Aktiengesellschaft set a $133.00 price target on shares of Sun Communities in a research note on Thursday, May 14th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $140.05.

Insider Activity

In other news, EVP Fernando Castro-Caratini sold 23,750 shares of Sun Communities stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $124.43, for a total transaction of $2,955,212.50. Following the sale, the executive vice president owned 9,998 shares of the company’s stock, valued at approximately $1,244,051.14. The trade was a 70.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Gary A. Shiffman sold 25,031 shares of the business’s stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of $119.96, for a total value of $3,002,718.76. Following the transaction, the director owned 857,761 shares of the company’s stock, valued at approximately $102,897,009.56. This represents a 2.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.58% of the stock is currently owned by corporate insiders.

Sun Communities Company Profile

Sun Communities, Inc is a publicly traded real estate investment trust (REIT) that specializes in the acquisition, ownership and operation of manufactured housing communities, recreational vehicle (RV) resorts and marinas. The company’s portfolio spans more than 500 manufactured housing communities and over 160 RV resorts, offering affordable, long-term housing as well as short-stay recreational lodging. Through professional on-site management and amenity-rich community designs, Sun Communities serves a diverse customer base that includes retirees, workforce families and vacationers.

Founded in 1975 and headquartered in Southfield, Michigan, Sun Communities has grown organically and through strategic acquisitions to become one of the largest operators in its sector.