Sun Communities Inc. (SUI) Chairman, President, & CEO, 10% Owner Gary A Shiffman sells 11,690 Shares

Chairman, President, & CEO, 10% Owner of Sun Communities Inc. (SUI, Financial) Gary A Shiffman sells 11,690 shares of SUI on 12/28/2009 at an average price of $20.02 a share.

Sun Communities, Inc. owns, operates & finances manufactured housing communities concentrated in the midwestern & southeastern US. The Company is a fully integrated real estate company which, together with its affiliates and predecessors, has been in the business of acquiring, operating & expanding manufactured housing communities since 1975. The Company owns & manages a portfolio of properties located in twelve states, including manufactured housing communities, recreational vehicle communities, & properties containing both manufactured housing & recreational vehicle sites. Sun Communities Inc. has a market cap of $375.9 million; its shares were traded at around $20 with a P/E ratio of 7.1 and P/S ratio of 1.5. The dividend yield of Sun Communities Inc. stocks is 12.6%. Sun Communities Inc. had an annual average earning growth of 3.8% over the past 10 years. GuruFocus rated Sun Communities Inc. the business predictability rank of 5-star.

SUI is in the portfolios of Bruce Kovner of Caxton Associates.