Rare Wolf Capital LLC Acquires Shares of 9,714 Sun Communities, Inc. $SUI

Rare Wolf Capital LLC acquired a new position in Sun Communities, Inc. (NYSE:SUI) during the fourth quarter, HoldingsChannel reports. The fund acquired 9,714 shares of the real estate investment trust’s stock, valued at approximately $1,204,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. 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 valued at $25,000 after buying an additional 184 shares in the last quarter. Aster Capital Management DIFC Ltd acquired a new position in Sun Communities during the 3rd quarter worth about $27,000. Fulcrum Asset Management LLP bought a new stake in Sun Communities during the 3rd quarter worth about $27,000. Global X Japan Co. Ltd. bought a new stake in Sun Communities during the 4th quarter worth about $33,000. Finally, Assetmark Inc. increased its position in Sun Communities by 55.7% in the 3rd quarter. Assetmark Inc. now owns 271 shares of the real estate investment trust’s stock valued at $35,000 after acquiring an additional 97 shares in the last quarter. Institutional investors and hedge funds own 99.59% of the company’s stock.

Analysts Set New Price Targets

SUI has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft set a $133.00 target price on shares of Sun Communities in a research note on Thursday, May 14th. Robert W. Baird boosted their price objective on shares of Sun Communities from $136.00 to $140.00 and gave the stock a “neutral” rating in a research report on Friday, March 6th. Citigroup upped their price objective on Sun Communities from $150.00 to $155.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Zelman & Associates began coverage on Sun Communities in a research report on Monday, March 16th. They issued an “outperform” rating and a $127.75 price objective on the stock. Finally, Wells Fargo & Company decreased their price objective on Sun Communities from $150.00 to $142.00 and set an “overweight” rating on the stock in a research report on Friday, May 29th. Ten research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, Sun Communities presently has a consensus rating of “Moderate Buy” and a consensus price target of $141.12.

Sun Communities Stock Down 2.8%

Shares of NYSE SUI opened at $118.51 on Friday. The firm has a market capitalization of $14.60 billion, a PE ratio of 10.76, a price-to-earnings-growth ratio of 4.01 and a beta of 0.79. The company has a current ratio of 3.39, a quick ratio of 3.39 and a debt-to-equity ratio of 0.60. Sun Communities, Inc. has a 1 year low of $115.53 and a 1 year high of $137.85. The firm’s 50-day moving average is $125.65 and its 200-day moving average is $127.16.

Sun Communities (NYSE:SUI) last issued 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 business had revenue of $500.50 million for the quarter, compared to analyst estimates of $472.40 million. Sun Communities had a return on equity of 0.16% and a net margin of 62.29%.The firm’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $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. Equities analysts expect that Sun Communities, Inc. will post 6.94 EPS for the current year.

Sun Communities Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a dividend of $1.12 per share. The ex-dividend date is Tuesday, June 30th. This represents a $4.48 annualized dividend and a dividend yield of 3.8%. Sun Communities’s payout ratio is presently 40.69%.

Insider Activity at Sun Communities

In other news, EVP Fernando Castro-Caratini sold 23,750 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $124.43, for a total value of $2,955,212.50. Following the transaction, the executive vice president owned 9,998 shares of the company’s stock, valued at $1,244,051.14. This represents a 70.37% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 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.