Barclays PLC Has $24.52 Million Stake in Sun Communities, Inc. $SUI

Barclays PLC raised its stake in Sun Communities, Inc. (NYSE:SUI) by 12.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 190,062 shares of the real estate investment trust’s stock after purchasing an additional 21,278 shares during the period. Barclays PLC owned 0.15% of Sun Communities worth $24,518,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Aster Capital Management DIFC Ltd acquired a new stake in Sun Communities in the 3rd quarter valued at $27,000. Elevation Point Wealth Partners LLC bought a new stake in Sun Communities during the 2nd quarter valued at $30,000. MAI Capital Management increased its position in shares of Sun Communities by 164.4% during the second quarter. MAI Capital Management now owns 267 shares of the real estate investment trust’s stock worth $34,000 after acquiring an additional 166 shares in the last quarter. Assetmark Inc. increased its position in shares of Sun Communities by 55.7% during the third quarter. Assetmark Inc. now owns 271 shares of the real estate investment trust’s stock worth $35,000 after acquiring an additional 97 shares in the last quarter. Finally, Harbor Capital Advisors Inc. acquired a new stake in shares of Sun Communities in the 3rd quarter worth about $37,000. 99.59% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on SUI shares. Barclays increased their price target 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 raised Sun Communities from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $133.00 to $150.00 in a report on Friday, February 27th. UBS Group increased their price target on Sun Communities from $126.00 to $127.00 and gave the company a “neutral” rating in a research report on Thursday, January 8th. Citigroup lifted their price target on Sun Communities from $150.00 to $155.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Sun Communities in a research report on Wednesday, January 21st. Eight 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. Based on data from MarketBeat.com, Sun Communities currently has an average rating of “Hold” and an average target price of $140.86.

Sun Communities Stock Performance

Shares of SUI opened at $136.42 on Thursday. The stock’s fifty day moving average price is $128.88 and its two-hundred day moving average price is $127.03. Sun Communities, Inc. has a 1 year low of $109.22 and a 1 year high of $137.85. The firm has a market cap of $16.80 billion, a PE ratio of 12.70, a PEG ratio of 4.55 and a beta of 0.88. The company has a debt-to-equity ratio of 0.58, a current ratio of 4.43 and a quick ratio of 4.43.

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

Insider Activity 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 transaction of $435,680.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Gary A. Shiffman sold 156,875 shares of Sun Communities stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $123.53, for a total value of $19,378,768.75. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 163,875 shares of company stock valued at $20,331,287. 1.77% of the stock is currently owned by company 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.