Sun Communities (NYSE:SUI) Rating Lowered to Hold at Deutsche Bank Aktiengesellschaft

Sun Communities (NYSE:SUI) was downgraded by research analysts at Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a report issued on Wednesday, Marketbeat reports. They currently have a $138.00 target price on the real estate investment trust’s stock. Deutsche Bank Aktiengesellschaft’s target price points to a potential upside of 7.77% from the company’s previous close.

A number of other research analysts also recently commented on SUI. Zelman & Associates assumed coverage on Sun Communities in a research report on Monday, March 16th. They set an “outperform” rating and a $127.75 target price for the company. Barclays increased their target price on Sun Communities from $144.00 to $148.00 and gave the company an “overweight” rating in a research report on Friday, March 6th. Wells Fargo & Company upgraded 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. Robert W. Baird increased their target price on Sun Communities from $136.00 to $140.00 and gave the company a “neutral” rating in a research report on Friday, March 6th. Finally, Weiss Ratings upgraded Sun Communities from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday. Ten investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $139.73.

Sun Communities Price Performance

SUI stock opened at $128.05 on Wednesday. Sun Communities has a one year low of $115.53 and a one year high of $137.85. The company’s fifty day moving average price is $130.94 and its 200-day moving average price is $127.32. 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 company has a market capitalization of $15.78 billion, a PE ratio of 11.92, a price-to-earnings-growth ratio of 4.40 and a beta of 0.90.

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

Insider Transactions at Sun Communities

In related news, Director Clunet R. Lewis sold 3,200 shares of the firm’s stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $136.15, for a total value of $435,680.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.58% of the stock is currently owned by corporate insiders.

Institutional Trading of Sun Communities

A number of institutional investors have recently bought and sold shares of SUI. Norges Bank bought a new stake in Sun Communities in the fourth quarter worth $753,364,000. Wellington Management Group LLP lifted its position in Sun Communities by 1,224.1% in the third quarter. Wellington Management Group LLP now owns 4,485,795 shares of the real estate investment trust’s stock worth $578,668,000 after buying an additional 4,147,015 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Sun Communities by 37,933.1% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,474,162 shares of the real estate investment trust’s stock worth $182,663,000 after buying an additional 1,470,286 shares during the last quarter. M&T Bank Corp lifted its position in shares of Sun Communities by 20,348.9% during the fourth quarter. M&T Bank Corp now owns 498,339 shares of the real estate investment trust’s stock worth $61,749,000 after purchasing an additional 495,902 shares during the last quarter. Finally, Balyasny Asset Management L.P. lifted its position in shares of Sun Communities by 152.5% during the fourth quarter. Balyasny Asset Management L.P. now owns 767,190 shares of the real estate investment trust’s stock worth $95,063,000 after purchasing an additional 463,312 shares during the last quarter. 99.59% of the stock is currently owned by institutional investors.

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.