Dimensional Fund Advisors LP Boosts Stock Holdings in Sun Communities, Inc. $SUI

Key Points

• Dimensional Fund Advisors LP raised its stake in Sun Communities by 3.0% to 1,788,913 shares (about $230.77M), representing roughly 1.45% of the company, while overall institutional ownership is approximately 99.59%.
• Sun Communities slightly beat Q results with $1.40 EPS vs. $1.37 expected and $515.2M revenue vs. $509.4M, issued FY2026 EPS guidance of 6.83–7.03, and pays a quarterly dividend of $1.04 (annualized $4.16, ~3.0% yield).
• Insiders sold 163,875 shares (~$20.33M) in the past three months, leaving insiders with about 1.77% ownership.

Dimensional Fund Advisors LP lifted its position in shares of Sun Communities, Inc. (NYSE:SUI - Free Report) by 3.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,788,913 shares of the real estate investment trust's stock after acquiring an additional 51,404 shares during the period. Dimensional Fund Advisors LP owned approximately 1.45% of Sun Communities worth $230,770,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the company. Cresset Asset Management LLC raised its stake in shares of Sun Communities by 4.9% in the third quarter. Cresset Asset Management LLC now owns 4,438 shares of the real estate investment trust's stock worth $577,000 after purchasing an additional 208 shares during the last quarter. 111 Capital purchased a new stake in shares of Sun Communities during the third quarter valued at $454,000. Elo Mutual Pension Insurance Co bought a new stake in Sun Communities in the 3rd quarter worth about $2,002,000. Huntington National Bank increased its holdings in Sun Communities by 83.6% in the 3rd quarter. Huntington National Bank now owns 492 shares of the real estate investment trust's stock worth $63,000 after buying an additional 224 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd purchased a new position in Sun Communities in the 3rd quarter worth about $27,000. 99.59% of the stock is currently owned by hedge funds and other institutional investors.

Sun Communities Stock Up 0.2%

SUI opened at $136.97 on Friday. The stock has a market cap of $16.87 billion, a price-to-earnings ratio of 12.75, a price-to-earnings-growth ratio of 4.55 and a beta of 0.88. The company has a debt-to-equity ratio of 0.58, a quick ratio of 4.43 and a current ratio of 4.43. The firm's fifty day moving average is $128.20 and its 200 day moving average is $126.83. Sun Communities, Inc. has a fifty-two week low of $109.22 and a fifty-two week high of $137.85.

Sun Communities (NYSE:SUI - Get Free Report) last issued its quarterly earnings results on Tuesday, February 24th. The real estate investment trust reported $1.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.37 by $0.03. Sun Communities had a negative return on equity of 0.04% and a net margin of 61.86%.The business had revenue of $515.20 million during the quarter, compared to analyst estimates of $509.40 million. During the same quarter in the prior year, the business posted $1.41 EPS. Sun Communities's revenue for the quarter 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. On average, sell-side analysts forecast that Sun Communities, Inc. will post 6.77 earnings per share for the current fiscal year.

Sun Communities Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, February 2nd. Stockholders of record on Wednesday, December 31st were given a dividend of $1.04 per share. The ex-dividend date was Wednesday, December 31st. This represents a $4.16 annualized dividend and a dividend yield of 3.0%. Sun Communities's dividend payout ratio (DPR) is presently 38.73%.

Analysts Set New Price Targets

SUI has been the topic of several research reports. Robert W. Baird raised 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. Wall Street Zen upgraded shares of Sun Communities from a "sell" rating to a "hold" rating in a research note on Sunday, November 9th. Truist Financial increased their price target on Sun Communities from $141.00 to $147.00 and gave the company a "buy" rating in a report on Wednesday. Deutsche Bank Aktiengesellschaft raised Sun Communities from a "hold" rating to a "buy" rating and set a $145.00 price objective for the company in a report on Tuesday, January 20th. Finally, UBS Group upped their price objective on Sun Communities from $126.00 to $127.00 and gave the company a "neutral" rating in a research report on Thursday, January 8th. Eight equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Sun Communities currently has a consensus rating of "Hold" and a consensus price target of $140.86.

Insider Buying and Selling at Sun Communities

In other news, Director Gary A. Shiffman sold 156,875 shares of the business'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 transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Clunet R. Lewis sold 3,800 shares of Sun Communities stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $136.01, for a total transaction of $516,838.00. Following the completion of the sale, the director owned 16,817 shares in the company, valued at approximately $2,287,280.17. This represents a 18.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 163,875 shares of company stock worth $20,331,287 in the last three months. Insiders own 1.77% 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.

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