Sun Communities, Inc. $SUI Shares Sold by Aew Capital Management L P

Aew Capital Management L P lowered its position in shares of Sun Communities, Inc. (NYSE:SUI) by 8.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 48,650 shares of the real estate investment trust’s stock after selling 4,700 shares during the quarter. Sun Communities comprises about 0.4% of Aew Capital Management L P’s investment portfolio, making the stock its 25th largest position. Aew Capital Management L P’s holdings in Sun Communities were worth $6,028,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. CoreCap Advisors LLC raised its stake in 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 buying an additional 82 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in 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 valued at $127,000 after buying an additional 84 shares in the last quarter. IFP Advisors Inc raised its stake in Sun Communities by 3.2% during the fourth quarter. IFP Advisors Inc now owns 2,902 shares of the real estate investment trust’s stock valued at $360,000 after buying an additional 89 shares in the last quarter. Assetmark Inc. raised its holdings in shares of Sun Communities by 55.7% during the third quarter. Assetmark Inc. now owns 271 shares of the real estate investment trust’s stock worth $35,000 after purchasing an additional 97 shares during the period. Finally, Smartleaf Asset Management LLC raised its holdings in shares of Sun Communities by 19.6% during the third quarter. Smartleaf Asset Management LLC now owns 665 shares of the real estate investment trust’s stock worth $86,000 after purchasing an additional 109 shares during the period. Institutional investors and hedge funds own 99.59% of the company’s stock.

Insider Buying and Selling

In related news, Director Clunet R. Lewis sold 3,200 shares of the firm’s stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $136.15, for a total value of $435,680.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.58% of the stock is currently owned by corporate insiders.

Sun Communities Stock Up 0.8%

SUI stock opened at $122.90 on Thursday. The company has a quick ratio of 3.39, a current ratio of 3.39 and a debt-to-equity ratio of 0.60. Sun Communities, Inc. has a fifty-two week low of $115.53 and a fifty-two week high of $137.85. The firm’s 50-day simple moving average is $128.32 and its 200 day simple moving average is $127.54. The stock has a market cap of $15.14 billion, a PE ratio of 11.16, a price-to-earnings-growth ratio of 3.31 and a beta of 0.82.

Sun Communities (NYSE:SUI) last released its quarterly earnings data on Monday, April 27th. The real estate investment trust reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $472.40 million. During the same period last year, the business earned $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. As a group, sell-side analysts predict that Sun Communities, Inc. will post 6.94 EPS for the current year.

Sun Communities Increases Dividend

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

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Wells Fargo & Company raised shares of Sun Communities from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $133.00 to $150.00 in a report on Friday, February 27th. Citigroup increased their target price on shares of Sun Communities from $150.00 to $155.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Robert W. Baird increased their target price on shares of Sun Communities from $136.00 to $140.00 and gave the stock a “neutral” rating in a report on Friday, March 6th. Weiss Ratings cut Sun Communities from a “buy (b-)” rating to a “hold (c)” rating in a research report on Friday, May 1st. Finally, Royal Bank Of Canada increased their price target on Sun Communities from $148.00 to $151.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 29th. Nine investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $140.48.

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.