OVERSEA CHINESE BANKING Corp Ltd Purchases New Position in Sun Communities, Inc. $SUI

Posted by Stanley Muller on Aug 22nd, 2026

OVERSEA CHINESE BANKING Corp Ltd acquired a new position in shares of Sun Communities, Inc. (NYSE:SUI – Free Report) during the 2nd quarter, Holdings Channel reports. The fund acquired 6,020 shares of the real estate investment trust’s stock, valued at approximately $722,000.

Other institutional investors have also recently bought and sold shares of the company. Tacita Capital Inc bought a new stake in Sun Communities in the second quarter valued at approximately $1,743,000. NewEdge Wealth LLC acquired a new stake in Sun Communities in the second quarter worth $721,000. Danske Bank A S bought a new position in shares of Sun Communities during the second quarter worth $8,874,000. Diversify Advisory Services LLC bought a new position in shares of Sun Communities during the second quarter worth $262,000. Finally, Wealthfront Advisers LLC acquired a new position in shares of Sun Communities in the 2nd quarter valued at $556,000. Institutional investors and hedge funds own 99.59% of the company’s stock.

Sun Communities Stock Performance

Shares of SUI opened at $121.55 on Friday. The firm has a market cap of $14.80 billion, a P/E ratio of -17.14, a PEG ratio of 5.58 and a beta of 0.78. Sun Communities, Inc. has a twelve month low of $115.90 and a twelve month high of $137.85. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.52 and a current ratio of 2.52. The firm’s 50 day moving average price is $121.08 and its two-hundred day moving average price is $125.85.

Sun Communities Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were issued 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, June 30th. Sun Communities’s dividend payout ratio (DPR) is presently -63.19%.

Analyst Ratings Changes

SUI has been the subject of a number of recent analyst reports. Jefferies Financial Group upgraded shares of Sun Communities to a “strong-buy” rating in a research report on Wednesday, July 22nd. Odeon Capital Group set a $135.00 target price on Sun Communities in a report on Thursday, July 9th. Royal Bank Of Canada cut Sun Communities from a “moderate buy” rating to a “hold” rating in a research note on Monday, August 10th. Barclays increased their price target on Sun Communities from $146.00 to $147.00 and gave the stock an “overweight” rating in a report on Monday. Finally, Wells Fargo & Company dropped their price target on Sun Communities from $142.00 to $141.00 and set an “overweight” rating on the stock in a research report on Monday, August 10th. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $139.38.

Get Our Latest Stock Report on Sun Communities

Insider Buying and Selling at Sun Communities

In other Sun Communities news, EVP Fernando Castro-Caratini sold 23,750 shares of the stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $124.43, for a total transaction of $2,955,212.50. Following the completion of the transaction, the executive vice president owned 9,998 shares in the company, valued at approximately $1,244,051.14. This represents a 70.37% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Gary A. Shiffman sold 25,031 shares of the stock in a transaction dated Wednesday, June 24th. The stock was sold at an average price of $119.96, for a total value of $3,002,718.76. Following the transaction, the director owned 857,761 shares of the company’s stock, valued at approximately $102,897,009.56. This trade represents a 2.84% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 1.58% of the company’s stock.

About Sun Communities

(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.