Inceptionr LLC Takes Position in Sun Communities, Inc. $SUI

Inceptionr LLC bought a new position in Sun Communities, Inc. (NYSE:SUI) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 7,447 shares of the real estate investment trust’s stock, valued at approximately $961,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. AQR Capital Management LLC increased its holdings in shares of Sun Communities by 17.8% during the first quarter. AQR Capital Management LLC now owns 12,076 shares of the real estate investment trust’s stock valued at $1,554,000 after purchasing an additional 1,827 shares during the period. Goldman Sachs Group Inc. grew its position in Sun Communities by 21.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 195,339 shares of the real estate investment trust’s stock valued at $25,128,000 after buying an additional 33,981 shares in the last quarter. Empowered Funds LLC grew its position in Sun Communities by 32.5% in the 1st quarter. Empowered Funds LLC now owns 3,376 shares of the real estate investment trust’s stock valued at $434,000 after buying an additional 829 shares in the last quarter. Acadian Asset Management LLC acquired a new position in Sun Communities during the 1st quarter valued at about $362,000. Finally, Bank of Montreal Can increased its stake in Sun Communities by 22.3% during the 2nd quarter. Bank of Montreal Can now owns 35,398 shares of the real estate investment trust’s stock valued at $4,477,000 after buying an additional 6,447 shares during the period. 99.59% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Sun Communities

In other Sun Communities news, Director Clunet R. Lewis sold 3,800 shares of Sun Communities stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $136.01, for a total value of $516,838.00. Following the transaction, the director owned 16,817 shares in the company, valued at approximately $2,287,280.17. The trade was a 18.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Gary A. Shiffman sold 156,875 shares of the company’s stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $123.53, for a total value of $19,378,768.75. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 163,875 shares of company stock worth $20,331,287. 1.89% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

SUI has been the subject of a number of research analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sun Communities in a research note on Wednesday, January 21st. Deutsche Bank Aktiengesellschaft upgraded shares of Sun Communities from a “hold” rating to a “buy” rating and set a $145.00 price objective on the stock in a research note on Tuesday, January 20th. UBS Group upped their target price on Sun Communities from $126.00 to $127.00 and gave the stock a “neutral” rating in a research report on Thursday, January 8th. Truist Financial increased their price target on Sun Communities from $141.00 to $147.00 and gave the company a “buy” rating in a research note on Wednesday, March 4th. Finally, Citigroup lifted their price target on Sun Communities from $150.00 to $155.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. Eight equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Sun Communities currently has a consensus rating of “Hold” and an average target price of $140.86.

Sun Communities Price Performance

Shares of NYSE SUI opened at $135.52 on Tuesday. Sun Communities, Inc. has a twelve month low of $109.22 and a twelve month high of $137.85. The company has a current ratio of 4.43, a quick ratio of 4.43 and a debt-to-equity ratio of 0.58. The firm has a 50-day moving average of $128.41 and a two-hundred day moving average of $126.89. The company has a market capitalization of $16.69 billion, a price-to-earnings ratio of 12.62, a PEG ratio of 4.55 and a beta of 0.87.

Sun Communities (NYSE:SUI) last announced its quarterly earnings data on Tuesday, February 24th. The real estate investment trust reported $1.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.37 by $0.03. Sun Communities had a net margin of 61.86% and a negative return on equity of 0.04%. The company had revenue of $515.20 million for the quarter, compared to analysts’ expectations of $509.40 million. During the same quarter in the previous year, the company posted $1.41 EPS. The business’s revenue was up .1% compared to the same quarter last year. Sun Communities has set its FY 2026 guidance at 6.830-7.030 EPS and its Q1 2026 guidance at 1.240-1.320 EPS. As a group, analysts expect that Sun Communities, Inc. will post 6.77 earnings per share for the current fiscal year.

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.