Burns Matteson Capital Management LLC Acquires 4,203 Shares of Sun Communities, Inc. $SUI

Burns Matteson Capital Management LLC raised its holdings in Sun Communities, Inc. (NYSE:SUI) by 40.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 14,632 shares of the real estate investment trust’s stock after acquiring an additional 4,203 shares during the quarter. Sun Communities makes up about 0.6% of Burns Matteson Capital Management LLC’s portfolio, making the stock its 29th largest holding. Burns Matteson Capital Management LLC’s holdings in Sun Communities were worth $1,813,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Fulcrum Asset Management LLP bought a new stake in shares of Sun Communities in the third quarter worth $27,000. Aster Capital Management DIFC Ltd acquired a new position in Sun Communities during the 3rd quarter worth about $27,000. Elevation Point Wealth Partners LLC acquired a new position in Sun Communities during the 2nd quarter worth about $30,000. Global X Japan Co. Ltd. bought a new stake in shares of Sun Communities in the 4th quarter valued at about $33,000. Finally, Assetmark Inc. grew its position in shares of 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 buying an additional 97 shares during the last quarter. Institutional investors own 99.59% of the company’s stock.

Insider Buying and Selling at Sun Communities

In other 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 value of $435,680.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.89% of the stock is owned by corporate insiders.

Sun Communities Stock Performance

SUI stock opened at $125.74 on Wednesday. The firm has a market cap of $15.49 billion, a PE ratio of 11.71, a price-to-earnings-growth ratio of 4.31 and a beta of 0.88. The company has a current ratio of 4.43, a quick ratio of 4.43 and a debt-to-equity ratio of 0.58. The stock has a 50-day moving average price of $130.30 and a 200-day moving average price of $127.28. Sun Communities, Inc. has a 1-year low of $109.22 and a 1-year high of $137.85.

Sun Communities (NYSE:SUI) last announced its earnings results on Tuesday, February 24th. The real estate investment trust reported $1.40 EPS for the quarter, beating the consensus estimate of $1.37 by $0.03. The company had revenue of $515.20 million for the quarter, compared to analyst estimates of $509.40 million. Sun Communities had a negative return on equity of 0.04% and a net margin of 61.86%.The firm’s revenue for the quarter was up .1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $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, equities research analysts expect that Sun Communities, Inc. will post 6.77 earnings per share for the current year.

Sun Communities Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be given a dividend of $1.12 per share. This is a positive change from Sun Communities’s previous quarterly dividend of $1.04. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $4.48 annualized dividend and a dividend yield of 3.6%. Sun Communities’s payout ratio is 38.73%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on SUI shares. Weiss Ratings restated a “hold (c)” rating on shares of Sun Communities in a research report on Wednesday, January 21st. Zelman & Associates assumed coverage on Sun Communities in a report on Monday, March 16th. They issued an “outperform” rating and a $127.75 target price on the stock. Wells Fargo & Company raised shares of Sun Communities from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $133.00 to $150.00 in a research report on Friday, February 27th. Citigroup raised their price target on shares of Sun Communities from $150.00 to $155.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Finally, Robert W. Baird boosted 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, March 6th. Ten equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $140.17.

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.