Eurizon Capital SGR S.p.A. Buys Shares of 28,745 Sun Communities, Inc. $SUI

Eurizon Capital SGR S.p.A. bought a new stake in shares of Sun Communities, Inc. (NYSE:SUI) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 28,745 shares of the real estate investment trust’s stock, valued at approximately $3,566,000.

Several other large investors have also recently bought and sold shares of the stock. National Pension Service increased its stake in Sun Communities by 58.7% during the 4th quarter. National Pension Service now owns 5,914 shares of the real estate investment trust’s stock valued at $733,000 after buying an additional 2,187 shares during the period. Rothschild Investment LLC increased its stake in Sun Communities by 7,450.0% during the 4th quarter. Rothschild Investment LLC now owns 604 shares of the real estate investment trust’s stock valued at $75,000 after buying an additional 596 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in Sun Communities by 170.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,585 shares of the real estate investment trust’s stock valued at $196,000 after buying an additional 1,000 shares during the period. Ilmarinen Mutual Pension Insurance Co acquired a new position in Sun Communities during the 4th quarter valued at about $1,549,000. Finally, Huntington National Bank increased its stake in Sun Communities by 46.1% during the 4th quarter. Huntington National Bank now owns 719 shares of the real estate investment trust’s stock valued at $89,000 after buying an additional 227 shares during the period. Institutional investors and hedge funds own 99.59% of the company’s stock.

Sun Communities Stock Performance

Shares of SUI opened at $120.54 on Tuesday. Sun Communities, Inc. has a one year low of $115.53 and a one year high of $137.85. The company has a 50-day moving average of $126.81 and a two-hundred day moving average of $127.51. The stock has a market cap of $14.85 billion, a price-to-earnings ratio of 10.95, a PEG ratio of 4.07 and a beta of 0.82. The company has a debt-to-equity ratio of 0.60, a current ratio of 3.39 and a quick ratio of 3.39.

Sun Communities (NYSE:SUI) last announced its 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). Sun Communities had a return on equity of 0.16% and a net margin of 62.29%.The firm had revenue of $500.50 million during the quarter, compared to analyst estimates of $472.40 million. During the same quarter in the previous year, the business earned $1.26 earnings per share. The business’s quarterly revenue 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. On average, equities research analysts expect that Sun Communities, Inc. will post 6.92 earnings per share for the current year.

Sun Communities Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were issued a dividend of $1.12 per share. This is an increase from Sun Communities’s previous quarterly dividend of $1.04. This represents a $4.48 annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Tuesday, March 31st. Sun Communities’s dividend payout ratio is 40.69%.

Analyst Ratings Changes

Several equities analysts have commented on SUI shares. Royal Bank Of Canada raised their target price on shares of Sun Communities from $148.00 to $151.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. Evercore restated an “outperform” rating and set a $144.00 price objective on shares of Sun Communities in a research report on Wednesday, April 29th. Citigroup raised their price objective on shares of Sun Communities from $150.00 to $155.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. Weiss Ratings lowered shares of Sun Communities from a “buy (b-)” rating to a “hold (c)” rating in a research report on Friday, May 1st. Finally, Deutsche Bank Aktiengesellschaft set a $133.00 price objective on shares of Sun Communities in a research report on Thursday, May 14th. Ten research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Sun Communities presently has a consensus rating of “Moderate Buy” and an average target price of $141.27.

Insider Activity at Sun Communities

In related news, EVP Fernando Castro-Caratini sold 23,750 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $124.43, for a total transaction of $2,955,212.50. Following the completion of the sale, the executive vice president directly owned 9,998 shares in the company, valued at approximately $1,244,051.14. This trade represents a 70.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Clunet R. Lewis sold 3,200 shares of the firm’s stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $136.15, for a total transaction of $435,680.00. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 30,750 shares of company stock valued at $3,907,731. 1.58% of the stock is currently owned by corporate insiders.

About Sun Communities

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.