LDR Capital Management LLC Takes Position in Sun Communities, Inc. $SUI

LDR Capital Management LLC purchased a new stake in Sun Communities, Inc. (NYSE:SUI) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 20,871 shares of the real estate investment trust’s stock, valued at approximately $2,586,000. Sun Communities accounts for about 3.6% of LDR Capital Management LLC’s investment portfolio, making the stock its 8th biggest holding.

Other institutional investors also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of Sun Communities by 1,226.7% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 199 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 184 shares during the period. Fulcrum Asset Management LLP bought a new position in shares of Sun Communities in the third quarter valued at approximately $27,000. Aster Capital Management DIFC Ltd bought a new position in shares of Sun Communities in the third quarter valued at approximately $27,000. Global X Japan Co. Ltd. bought a new position in shares of Sun Communities in the fourth quarter valued at approximately $33,000. Finally, Assetmark Inc. raised its position in shares of Sun Communities by 55.7% in the third 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. Institutional investors own 99.59% of the company’s stock.

Insiders Place Their Bets

In other Sun Communities news, Director Clunet R. Lewis sold 3,200 shares of Sun Communities stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $136.15, for a total transaction of $435,680.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 1.77% of the stock is owned by corporate insiders.

Sun Communities Trading Up 0.0%

Shares of SUI stock opened at $128.68 on Friday. Sun Communities, Inc. has a 1 year low of $115.50 and a 1 year high of $137.85. The firm’s fifty day simple moving average is $130.67 and its 200 day simple moving average is $127.30. The firm has a market capitalization of $15.86 billion, a P/E ratio of 11.98, a price-to-earnings-growth ratio of 4.39 and a beta of 0.90. 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 (NYSE:SUI) last announced its 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 net margin of 61.86% and a negative return on equity of 0.04%. The business had revenue of $515.20 million for the quarter, compared to analyst estimates of $509.40 million. During the same quarter in the previous year, the firm posted $1.41 earnings per share. Sun Communities’s revenue 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. As a group, sell-side analysts predict that Sun Communities, Inc. will post 6.77 EPS for the current year.

Sun Communities Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be paid 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 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date is Tuesday, March 31st. Sun Communities’s dividend payout ratio is presently 41.71%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on SUI. Deutsche Bank Aktiengesellschaft raised 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 report on Tuesday, January 20th. Weiss Ratings reissued a “hold (c)” rating on shares of Sun Communities in a research report on Wednesday, January 21st. Truist Financial lifted their price target on shares of Sun Communities from $141.00 to $147.00 and gave the company a “buy” rating in a research report on Wednesday, March 4th. Citigroup lifted their price target 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. Finally, UBS Group boosted their target price on shares of Sun Communities from $126.00 to $127.00 and gave the stock a “neutral” rating in a research report on Thursday, January 8th. Ten research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $140.17.

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.