Russell Investments Group Ltd. Has $121.53 Million Holdings in Sun Communities, Inc. $SUI

Key Points

• Russell Investments Group Ltd. reduced its stake by 16.5% in Sun Communities in Q3, leaving it with 942,058 shares worth about $121.53 million (≈0.76% of the company).
• Company insiders sold a total of 163,875 shares in the past three months (roughly $20.33 million), including notable director sales by Clunet R. Lewis and Gary A. Shiffman.
• Sun Communities beat the quarter with $1.40 EPS and $515.2M revenue, set FY2026 guidance of 6.83–7.03 EPS, and carries a MarketBeat consensus "Hold" rating with a $140.86 price target.

Russell Investments Group Ltd. lessened its position in shares of Sun Communities, Inc. (NYSE:SUI - Free Report) by 16.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 942,058 shares of the real estate investment trust's stock after selling 185,694 shares during the period. Russell Investments Group Ltd. owned approximately 0.76% of Sun Communities worth $121,526,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Sun Communities by 9.1% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,003 shares of the real estate investment trust's stock worth $127,000 after purchasing an additional 84 shares during the period. Assetmark Inc. boosted its stake 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 purchasing an additional 97 shares during the period. Smartleaf Asset Management LLC boosted its stake in Sun Communities by 19.6% in the 3rd quarter. Smartleaf Asset Management LLC now owns 665 shares of the real estate investment trust's stock valued at $86,000 after purchasing an additional 109 shares during the period. Steward Partners Investment Advisory LLC grew its holdings in Sun Communities by 0.5% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 23,102 shares of the real estate investment trust's stock valued at $2,922,000 after buying an additional 113 shares in the last quarter. Finally, Orion Porfolio Solutions LLC grew its holdings in Sun Communities by 1.3% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 9,335 shares of the real estate investment trust's stock valued at $1,181,000 after buying an additional 117 shares in the last quarter. Institutional investors and hedge funds own 99.59% of the company's stock.

Sun Communities Stock Down 0.9%

Shares of NYSE SUI opened at $135.52 on Tuesday. The company has a market cap of $16.69 billion, a price-to-earnings ratio of 12.62, a PEG ratio of 4.55 and a beta of 0.87. The company has a current ratio of 4.43, a quick ratio of 4.43 and a debt-to-equity ratio of 0.58. Sun Communities, Inc. has a 12 month low of $109.22 and a 12 month high of $137.85. The stock has a 50-day moving average price of $128.41 and a two-hundred day moving average price of $126.89.

Sun Communities (NYSE:SUI - Get Free Report) last posted its quarterly earnings results on Tuesday, February 24th. The real estate investment trust reported $1.40 earnings per share for the quarter, beating analysts' consensus estimates of $1.37 by $0.03. The company had revenue of $515.20 million for the quarter, compared to the consensus estimate of $509.40 million. Sun Communities had a net margin of 61.86% and a negative return on equity of 0.04%. The firm's quarterly revenue was up .1% compared to the same quarter last year. During the same period last year, the company posted $1.41 EPS. 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 forecast that Sun Communities, Inc. will post 6.77 earnings per share for the current fiscal year.

Insider Activity at Sun Communities

In other Sun Communities news, Director Clunet R. Lewis sold 3,800 shares of the firm's 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 sale, the director owned 16,817 shares in the company, valued at $2,287,280.17. This trade represents a 18.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Gary A. Shiffman sold 156,875 shares of the firm's stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $123.53, for a total transaction of $19,378,768.75. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 163,875 shares of company stock valued at $20,331,287. 1.89% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

SUI has been the subject of a number of research reports. UBS Group lifted their target price on Sun Communities from $126.00 to $127.00 and gave the stock a "neutral" rating in a report on Thursday, January 8th. Deutsche Bank Aktiengesellschaft upgraded shares of Sun Communities from a "hold" rating to a "buy" rating and set a $145.00 price target on the stock in a research note on Tuesday, January 20th. Robert W. Baird raised their price target on shares of Sun Communities from $136.00 to $140.00 and gave the stock a "neutral" rating in a research report on Friday. Truist Financial lifted their price objective on shares of Sun Communities from $141.00 to $147.00 and gave the stock a "buy" rating in a research note on Wednesday, March 4th. Finally, Morgan Stanley cut their price objective on shares of Sun Communities from $139.00 to $135.00 and set an "equal weight" rating for the company in a report on Tuesday, November 25th. Eight investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $140.86.

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.

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