Sun Communities, Inc. $SUI Shares Sold by UBS Group AG

UBS Group AG reduced its position in shares of Sun Communities, Inc. (NYSE:SUI) by 45.2% during the fourth quarter, HoldingsChannel reports. The firm owned 198,300 shares of the real estate investment trust’s stock after selling 163,520 shares during the quarter. UBS Group AG’s holdings in Sun Communities were worth $24,571,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of Sun Communities by 1,226.7% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 199 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 184 shares during the last quarter. Aster Capital Management DIFC Ltd bought a new stake in shares of Sun Communities in the third quarter worth $27,000. Fulcrum Asset Management LLP bought a new stake in shares of Sun Communities in the third quarter worth $27,000. Global X Japan Co. Ltd. bought a new stake in shares of Sun Communities in the fourth quarter worth $33,000. Finally, Assetmark Inc. increased its stake in shares of Sun Communities by 55.7% in the third quarter. Assetmark Inc. now owns 271 shares of the real estate investment trust’s stock worth $35,000 after buying an additional 97 shares during the last quarter. Institutional investors own 99.59% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on SUI. Deutsche Bank Aktiengesellschaft lowered shares of Sun Communities from a “buy” rating to a “hold” rating and set a $138.00 price target for the company. in a research note on Wednesday, April 15th. Citigroup lifted their price target on shares of Sun Communities from $150.00 to $155.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. Wells Fargo & Company upgraded shares of Sun Communities from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $133.00 to $150.00 in a research note on Friday, February 27th. Evercore restated an “outperform” rating and issued a $144.00 price target on shares of Sun Communities in a research note on Wednesday, April 29th. Finally, Zelman & Associates assumed coverage on shares of Sun Communities in a research note on Monday, March 16th. They set an “outperform” rating and a $127.75 target price for the company. Ten analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Sun Communities has an average rating of “Moderate Buy” and an average target price of $140.23.

Sun Communities Stock Down 0.0%

SUI stock opened at $125.90 on Monday. The company has a debt-to-equity ratio of 0.60, a current ratio of 3.39 and a quick ratio of 3.39. Sun Communities, Inc. has a 1-year low of $115.53 and a 1-year high of $137.85. The firm has a fifty day moving average price of $130.60 and a two-hundred day moving average price of $127.55. The firm has a market cap of $15.51 billion, a price-to-earnings ratio of 11.44, a PEG ratio of 3.33 and a beta of 0.82.

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). The firm had revenue of $500.50 million for the quarter, compared to the consensus estimate of $472.40 million. Sun Communities had a return on equity of 0.16% and a net margin of 62.29%.The firm’s revenue was up 8.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.26 EPS. 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. Research analysts predict that Sun Communities, Inc. will post 6.94 EPS for the current year.

Sun Communities Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were given a dividend of $1.12 per share. This is an increase from Sun Communities’s previous quarterly dividend of $1.04. This represents a $4.48 annualized dividend and a dividend yield of 3.6%. The ex-dividend date was Tuesday, March 31st. Sun Communities’s payout ratio is currently 40.69%.

Insider Activity at Sun Communities

In other news, Director Clunet R. Lewis sold 3,800 shares of the company’s stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $136.01, for a total transaction of $516,838.00. Following the completion of the transaction, the director owned 16,817 shares in the company, valued at approximately $2,287,280.17. This represents a 18.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.58% of the company’s stock.

Sun Communities 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.