Healthcare of Ontario Pension Plan Trust Fund Increases Stock Position in Sun Communities, Inc. $SUI

Healthcare of Ontario Pension Plan Trust Fund lifted its position in shares of Sun Communities, Inc. (NYSE:SUI) by 18.3% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 87,098 shares of the real estate investment trust’s stock after buying an additional 13,500 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Sun Communities were worth $10,971,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Norges Bank purchased a new stake in Sun Communities during the fourth quarter valued at about $753,364,000. Wellington Management Group LLP raised its holdings in shares of Sun Communities by 1,224.1% in the 3rd quarter. Wellington Management Group LLP now owns 4,485,795 shares of the real estate investment trust’s stock worth $578,668,000 after purchasing an additional 4,147,015 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Sun Communities by 37,933.1% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,474,162 shares of the real estate investment trust’s stock worth $182,663,000 after purchasing an additional 1,470,286 shares during the period. M&T Bank Corp lifted its stake in shares of Sun Communities by 20,348.9% in the 4th quarter. M&T Bank Corp now owns 498,339 shares of the real estate investment trust’s stock valued at $61,749,000 after purchasing an additional 495,902 shares in the last quarter. Finally, Balyasny Asset Management L.P. lifted its stake in shares of Sun Communities by 152.5% in the 4th quarter. Balyasny Asset Management L.P. now owns 767,190 shares of the real estate investment trust’s stock valued at $95,063,000 after purchasing an additional 463,312 shares in the last quarter. 99.59% of the stock is owned by hedge funds and other institutional investors.

Sun Communities Stock Performance

Shares of NYSE SUI opened at $123.59 on Wednesday. The company has a quick ratio of 3.39, a current ratio of 3.39 and a debt-to-equity ratio of 0.60. The firm’s 50-day moving average price is $122.06 and its two-hundred day moving average price is $126.44. Sun Communities, Inc. has a 52-week low of $115.53 and a 52-week high of $137.85. The stock has a market capitalization of $15.23 billion, a P/E ratio of -17.43, a P/E/G ratio of 4.01 and a beta of 0.79.

Sun Communities (NYSE:SUI) last issued its earnings results on Monday, April 27th. The real estate investment trust reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of $1.31 by ($1.38). The company had revenue of $500.50 million during the quarter, compared to analyst estimates of $472.40 million. Sun Communities had a negative net margin of 39.03% and a positive return on equity of 2.50%. The business’s revenue was up 8.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.26 earnings per share. As a group, sell-side analysts forecast that Sun Communities, Inc. will post 6.9 earnings per share for the current year.

Sun Communities Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were issued a $1.12 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $4.48 annualized dividend and a dividend yield of 3.6%. Sun Communities’s dividend payout ratio (DPR) is 40.69%.

Insider Buying and Selling

In other Sun Communities 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 sale, the executive vice president directly owned 9,998 shares of the company’s stock, valued at $1,244,051.14. This trade represents a 70.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Gary A. Shiffman sold 25,031 shares of the firm’s stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of $119.96, for a total value of $3,002,718.76. Following the completion of the sale, the director owned 857,761 shares in the company, valued at $102,897,009.56. The trade was a 2.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.58% of the company’s stock.

Sun Communities News Roundup

Here are the key news stories impacting Sun Communities this week:

• Positive Sentiment: Sun Communities reported second-quarter funds from operations (CFFO) of $1.84 per share, exceeding the FactSet consensus estimate of $1.76 and improving from $1.76 a year earlier. The earnings call also highlighted continued strength in the manufactured-housing business, an important growth and stability driver for the REIT. Sun Communities Earnings Call Highlights MH Strength
• Positive Sentiment: Management modestly raised its full-year 2026 EPS outlook to $6.94-$7.10, versus a prior consensus estimate of $6.93. Third-quarter guidance of $2.23-$2.33 per share was broadly in line with the $2.24 consensus, signaling stable expectations rather than a sharp acceleration. Sun Communities Reports Results for the Second Quarter and First Six Months of 2026
• Neutral Sentiment: Morgan Stanley maintained a Hold rating with a $135 price target. The analyst viewed the quarter and guidance raise favorably but characterized the risk-reward balance as relatively even, limiting the potential for an immediate bullish reaction. Balanced Risk-Reward Keeps Sun Communities at Hold
• Negative Sentiment: The company reported a $8.08 net loss per diluted share for the quarter, largely reflecting a loss from discontinued operations. A separate earnings summary also showed reported revenue below its cited analyst estimate, creating a potential source of investor caution despite the CFFO beat. Sun Communities Second-Quarter Results

Wall Street Analyst Weigh In

SUI has been the subject of a number of research analyst reports. Mizuho dropped their target price on shares of Sun Communities from $143.00 to $137.00 and set an “outperform” rating for the company in a research report on Tuesday, June 30th. Barclays reduced their price target on shares of Sun Communities from $147.00 to $146.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 14th. Royal Bank Of Canada dropped their price objective on shares of Sun Communities from $151.00 to $149.00 and set an “outperform” rating for the company in a research report on Friday, June 5th. Wells Fargo & Company dropped their price objective on shares of Sun Communities from $150.00 to $142.00 and set an “overweight” rating for the company in a research report on Friday, May 29th. Finally, Colliers Securities upgraded shares of Sun Communities from a “neutral” rating to a “buy” rating and set a $150.00 price objective on the stock in a research note on Friday, May 22nd. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, Sun Communities presently has an average rating of “Moderate Buy” and a consensus price target of $140.05.

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.