BNP Paribas Financial Markets Has $20.12 Million Position in Sun Communities, Inc. $SUI

BNP Paribas Financial Markets boosted its position in shares of Sun Communities, Inc. (NYSE:SUI) by 111.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 162,403 shares of the real estate investment trust’s stock after purchasing an additional 85,578 shares during the quarter. BNP Paribas Financial Markets’ holdings in Sun Communities were worth $20,123,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. AQR Capital Management LLC increased its holdings in 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 worth $1,554,000 after buying an additional 1,827 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of 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 purchasing an additional 33,981 shares in the last quarter. Empowered Funds LLC raised its holdings in Sun Communities by 32.5% during the 1st quarter. Empowered Funds LLC now owns 3,376 shares of the real estate investment trust’s stock worth $434,000 after purchasing an additional 829 shares during the last quarter. Acadian Asset Management LLC bought a new position in Sun Communities during the 1st quarter worth approximately $362,000. Finally, Northwestern Mutual Wealth Management Co. grew its position in Sun Communities by 26.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 673 shares of the real estate investment trust’s stock valued at $85,000 after purchasing an additional 141 shares during the period. Institutional investors own 99.59% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Zelman & Associates initiated coverage on shares of Sun Communities in a report on Monday, March 16th. They issued an “outperform” rating and a $127.75 price target on the stock. Royal Bank Of Canada decreased their price objective on Sun Communities from $151.00 to $149.00 and set an “outperform” rating for the company in a report on Friday. Evercore reaffirmed an “outperform” rating and set a $144.00 price objective on shares of Sun Communities in a research report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft set a $133.00 target price on Sun Communities in a research note on Thursday, May 14th. Finally, Robert W. Baird lifted their target price on Sun Communities from $136.00 to $140.00 and gave the stock a “neutral” rating in a report on Friday, March 6th. Ten investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $141.13.

Sun Communities Stock Performance

NYSE SUI opened at $123.71 on Friday. Sun Communities, Inc. has a 1-year low of $115.53 and a 1-year high of $137.85. The company has a debt-to-equity ratio of 0.60, a current ratio of 3.39 and a quick ratio of 3.39. The stock’s 50 day simple moving average is $126.27 and its 200-day simple moving average is $127.38. The company has a market cap of $15.24 billion, a PE ratio of 11.24, a price-to-earnings-growth ratio of 4.03 and a beta of 0.79.

Sun Communities (NYSE:SUI) last announced its earnings results on Monday, April 27th. The real estate investment trust reported ($0.07) earnings per share (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 business had revenue of $500.50 million for the quarter, compared to analyst estimates of $472.40 million. During the same period last year, the firm earned $1.26 EPS. The company’s revenue for the quarter was up 8.0% compared to the same quarter last year. 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, equities research analysts anticipate that Sun Communities, Inc. will post 6.94 EPS for the current fiscal year.

Sun Communities Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a $1.12 dividend. This represents a $4.48 annualized dividend and a dividend yield of 3.6%. The ex-dividend date is Tuesday, June 30th. Sun Communities’s payout ratio is currently 40.69%.

Insiders Place Their Bets

In other Sun Communities news, EVP Fernando Castro-Caratini sold 23,750 shares of the company’s stock in a transaction dated 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 in the company, valued at $1,244,051.14. This represents a 70.37% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.58% of the stock is currently owned by company 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.