This afternoon we watched Sun Communities drop -2.6% to a price of $121.04 per share. The Large-Cap Specialty Real Estate Investment Trust company is now trading -12.63% below its average target price of $138.53. Analysts have set target prices ranging from $126.0 to $155.0 per share for Sun Communities, and have given the stock an average rating of buy.
Sun Communities's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 4.0%. The stock's short ratio is 3.55. The company's insiders own 1.28% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 104.2%. In conclusion, we believe there is positive market sentiment regarding Sun Communities.
Institutions Invested in Sun Communities
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2025-03-31 | Vanguard Group Inc | 14% | 17,947,285 | $2,172,339,392 |
| 2025-03-31 | Cohen & Steers Inc. | 13% | 16,321,700 | $1,975,578,582 |
| 2025-03-31 | Dodge & Cox Inc | 11% | 13,647,820 | $1,651,932,145 |
| 2025-03-31 | Blackrock Inc. | 8% | 10,611,164 | $1,284,375,300 |
| 2025-03-31 | FMR, LLC | 6% | 7,743,671 | $937,293,944 |
| 2024-12-31 | NORGES BANK | 6% | 7,227,638 | $874,833,310 |
| 2025-03-31 | Price (T.Rowe) Associates Inc | 5% | 6,118,054 | $740,529,261 |
| 2025-03-31 | State Street Corporation | 4% | 5,101,396 | $617,472,976 |
| 2025-03-31 | Massachusetts Financial Services Co. | 2% | 2,679,544 | $324,332,008 |
| 2025-03-31 | Daiwa Securities Group Inc. | 2% | 2,647,576 | $320,462,601 |
