Hedge Funds Change Stake in Sun Communities

sun communnities communityMHProNews has learned from fidaily that Anchor Capital Advisors LLC has decreased its stake in Sun Communities, Inc. (SUI) by 9.2 percent in the previous quarter, selling 104,377 shares valued at $3,967,000, leaving its current stock in Sun valued at $74,078,000.

Advantus Capital Management increased its position in Sun by buying 151,900 shares, an increase of 339.1 percent in the quarter. It’s stake now amounts to 196,696 shares with a value of $14,085,000.

By the end of the most recent quarter Teachers Advisors, Inc. had increased its holdings in Sun by 8.5 percent, and now holds stock in the company valued at $35,843,000.

As of the end of the quarter Neuberger Berman Group LLC sold 19,998 shares in Sun, decreasing its position from $14,684,000 to $13,912,000.

Sun owns and operates 217 manufactured home and recreational vehicle communities with 92,500 developed home sites. In today’s trading, Sun closed down -0.90% at $72.40. ##

(Photo credit: Sun Communities, Inc.)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

 

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