Truist Financial Corp Has $1.11 Million Stock Position in Sun Communities, Inc. $SUI

Posted by Geri Gentry on May 17th, 2026

Truist Financial Corp reduced its holdings in shares of Sun Communities, Inc. (NYSE:SUI – Free Report) by 65.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,980 shares of the real estate investment trust’s stock after selling 16,937 shares during the quarter. Truist Financial Corp’s holdings in Sun Communities were worth $1,113,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in SUI. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of Sun Communities by 1,226.7% during 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 buying an additional 184 shares during the last quarter. Aster Capital Management DIFC Ltd bought a new position in Sun Communities during the 3rd quarter valued at $27,000. Fulcrum Asset Management LLP bought a new position in Sun Communities during the 3rd quarter valued at $27,000. Global X Japan Co. Ltd. bought a new position in Sun Communities during the 4th quarter valued at $33,000. Finally, Assetmark Inc. lifted its stake in Sun Communities by 55.7% during the 3rd quarter. Assetmark Inc. now owns 271 shares of the real estate investment trust’s stock valued at $35,000 after acquiring an additional 97 shares in the last quarter. 99.59% of the stock is currently owned by institutional investors and hedge funds.

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 stock was sold at an average price of $136.15, for a total transaction of $435,680.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.58% of the stock is owned by insiders.

Analyst Ratings Changes

Several brokerages have weighed in on SUI. Weiss Ratings cut Sun Communities from a “buy (b-)” rating to a “hold (c)” rating in a research note on Friday, May 1st. Royal Bank Of Canada raised their price objective on Sun Communities from $148.00 to $151.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. Citigroup raised their price objective on Sun Communities from $150.00 to $155.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. Mizuho began coverage on Sun Communities in a research note on Tuesday, March 31st. They set an “outperform” rating and a $143.00 price objective on the stock. Finally, Zelman & Associates began coverage on Sun Communities in a research note on Monday, March 16th. They set an “outperform” rating and a $127.75 price objective on the stock. Ten research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $140.45.

Check Out Our Latest Analysis on Sun Communities

Sun Communities Price Performance

Shares of NYSE:SUI opened at $120.34 on Friday. The stock has a market cap of $14.83 billion, a PE ratio of 10.93, a price-to-earnings-growth ratio of 3.18 and a beta of 0.82. Sun Communities, Inc. has a 1-year low of $115.53 and a 1-year high of $137.85. The company has a current ratio of 3.39, a quick ratio of 3.39 and a debt-to-equity ratio of 0.60. The stock’s fifty day simple moving average is $129.17 and its two-hundred day simple moving average is $127.51.

Sun Communities (NYSE:SUI – Get Free Report) last released its earnings results on Monday, April 27th. The real estate investment trust reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of $1.31 by ($1.38). The business had revenue of $500.50 million for the quarter, compared to the consensus estimate of $472.40 million. Sun Communities had a return on equity of 0.16% and a net margin of 62.29%.The company’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.26 earnings per share. 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. As a group, analysts forecast that Sun Communities, Inc. will post 6.95 EPS for the current fiscal year.

Sun Communities Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were paid a dividend of $1.12 per share. This represents a $4.48 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Tuesday, March 31st. This is a positive change from Sun Communities’s previous quarterly dividend of $1.04. Sun Communities’s dividend payout ratio (DPR) is presently 40.69%.

Sun Communities Profile

(Free Report)

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.