Sun Communities Inc (NYSE:SUI) Institutional Investor Sentiment Is 1.35

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Sentiment for Sun Communities Inc (NYSE:SUI)

Sun Communities Inc (NYSE:SUI) institutional sentiment decreased to 1.35 in 2018 Q2. Its down -0.18, from 1.53 in 2018Q1. The ratio dived, as 139 funds started new and increased stock positions, while 103 trimmed and sold positions in Sun Communities Inc. The funds in our partner’s database reported: 73.07 million shares, up from 71.93 million shares in 2018Q1. Also, the number of funds holding Sun Communities Inc in their top 10 stock positions was flat from 4 to 4 for the same number . Sold All: 15 Reduced: 88 Increased: 92 New Position: 47.

Sun Communities, Inc. operates as a real estate investment trust . The company has market cap of $9.35 billion. It owns, operates, and develops manufactured housing communities in the midwestern, southern, and southeastern United States. It has a 81.33 P/E ratio. As of April 1, 2011, it owned and operated a portfolio of 136 communities comprising approximately 47,600 developed sites.

The stock decreased 0.05% or $0.05 during the last trading session, reaching $105. About 159,201 shares traded. Sun Communities, Inc. (NYSE:SUI) has risen 16.72% since December 6, 2017 and is uptrending. It has outperformed by 1.10% the S&P500.

Analysts await Sun Communities, Inc. (NYSE:SUI) to report earnings on February, 20 after the close. They expect $1.04 earnings per share, up 6.12 % or $0.06 from last year’s $0.98 per share. SUI’s profit will be $92.65M for 25.24 P/E if the $1.04 EPS becomes a reality. After $1.35 actual earnings per share reported by Sun Communities, Inc. for the previous quarter, Wall Street now forecasts -22.96 % negative EPS growth.

Grs Advisors Llc holds 5.62% of its portfolio in Sun Communities, Inc. for 95,850 shares. Sg Capital Management Llc owns 290,882 shares or 4.7% of their US portfolio. Moreover, Green Street Investors Llc has 3.37% invested in the company for 65,900 shares. The Ontario – Canada-based Waratah Capital Advisors Ltd. has invested 2.93% in the stock. Cohen & Steers Inc, a New York-based fund reported 8.83 million shares.

Since January 1, 0001, it had 0 buys, and 2 sales for $368,148 activity.

Sun Communities, Inc. (NYSE:SUI) Ratings Coverage

Ratings analysis reveals 60% of Sun Communities’s analysts are positive. Out of 5 Wall Street analysts rating Sun Communities, 3 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $100 while the high is $108. The stock’s average target of $104.75 is -0.24% below today’s ($105) share price. SUI was included in 6 notes of analysts from June 21, 2018. The company was maintained on Monday, July 30 by Citigroup. BMO Capital Markets maintained the stock with “Buy” rating in Thursday, June 21 report. On Monday, September 17 the stock rating was maintained by Robert W. Baird with “Outperform”. The firm has “Neutral” rating by Citigroup given on Monday, October 29. The stock has “Outperform” rating by Wells Fargo on Friday, August 24. The rating was downgraded by Evercore to “In-Line” on Friday, August 17.

More notable recent Sun Communities, Inc. (NYSE:SUI) news were published by: Seekingalpha.com which released: “Sun Communities, Inc (SUI) CEO Gary Shiffman on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” on October 25, 2018, also Seekingalpha.com with their article: “Sun Communities’ (SUI) CEO Gary Shiffman on Q2 2018 Results – Earnings Call Transcript – Seeking Alpha” published on July 26, 2018, Globenewswire.com published: “Sun Communities, Inc. Announces Dates for Fourth Quarter 2018 Earnings Release and Conference Call – GlobeNewswire” on November 30, 2018. More interesting news about Sun Communities, Inc. (NYSE:SUI) were released by: Nasdaq.com and their article: “Pizza Plays Second Fiddle to Chicken in China, but Pizza Hut Is Trying to Change Things – Nasdaq” published on November 24, 2018 as well as Globenewswire.com‘s news article titled: “Sun Communities, Inc. Declares Fourth Quarter 2018 Dividends – GlobeNewswire” with publication date: November 27, 2018.

Sun Communities, Inc. (NYSE:SUI) Institutional Positions Chart

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