Van ECK Associates Corp Acquires 12,838 Shares of Sun Communities, Inc. $SUI

Posted by Geri Gentry on Sep 1st, 2026

Van ECK Associates Corp grew its holdings in shares of Sun Communities, Inc. (NYSE:SUI – Free Report) by 16.6% in the second quarter, HoldingsChannel.com reports. The fund owned 90,302 shares of the real estate investment trust’s stock after purchasing an additional 12,838 shares during the period. Van ECK Associates Corp’s holdings in Sun Communities were worth $10,828,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Sun Communities by 9.1% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,003 shares of the real estate investment trust’s stock worth $127,000 after buying an additional 84 shares in the last quarter. IFP Advisors Inc raised its position in shares of Sun Communities by 3.2% during the 4th quarter. IFP Advisors Inc now owns 2,902 shares of the real estate investment trust’s stock valued at $360,000 after buying an additional 89 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in shares of Sun Communities by 13.2% during the 4th quarter. EverSource Wealth Advisors LLC now owns 773 shares of the real estate investment trust’s stock valued at $96,000 after buying an additional 90 shares in the last quarter. CIBC Asset Management Inc lifted its holdings in shares of Sun Communities by 2.1% during the 4th quarter. CIBC Asset Management Inc now owns 5,467 shares of the real estate investment trust’s stock worth $677,000 after acquiring an additional 112 shares during the last quarter. Finally, Orion Porfolio Solutions LLC lifted its holdings in shares of Sun Communities by 1.3% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 9,335 shares of the real estate investment trust’s stock worth $1,181,000 after acquiring an additional 117 shares during the last quarter. Hedge funds and other institutional investors own 99.59% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. Wall Street Zen cut Sun Communities from a “hold” rating to a “sell” rating in a report on Saturday, August 1st. Mizuho dropped their target price on Sun Communities from $143.00 to $137.00 and set an “outperform” rating for the company in a research report on Tuesday, June 30th. Wells Fargo & Company cut their target price on Sun Communities from $142.00 to $141.00 and set an “overweight” rating for the company in a research note on Monday, August 10th. Morgan Stanley reduced their price target on shares of Sun Communities from $135.00 to $126.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 12th. Finally, Truist Financial decreased their price target on shares of Sun Communities from $141.00 to $138.00 and set a “buy” rating on the stock in a research note on Friday, June 26th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $139.42.

Read Our Latest Stock Report on SUI

Sun Communities Stock Performance

Sun Communities stock opened at $121.62 on Tuesday. The company has a current ratio of 2.52, a quick ratio of 2.52 and a debt-to-equity ratio of 0.70. The firm has a market cap of $14.81 billion, a P/E ratio of -17.15, a P/E/G ratio of 5.61 and a beta of 0.78. Sun Communities, Inc. has a 1-year low of $115.90 and a 1-year high of $137.85. The firm has a 50-day moving average of $121.42 and a 200-day moving average of $125.73.

Sun Communities Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were given a dividend of $1.12 per share. This represents a $4.48 annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Tuesday, June 30th. Sun Communities’s payout ratio is presently -63.19%.

Insiders Place Their Bets

In related news, Director Gary A. Shiffman sold 25,031 shares of Sun Communities stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of $119.96, for a total transaction of $3,002,718.76. Following the sale, the director directly owned 857,761 shares in the company, valued at $102,897,009.56. The trade was a 2.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 1.58% of the company’s stock.

Sun Communities Company 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.