Equity Lifestyle Properties, Inc. (ELS) Holdings Lifted by Aperio Group LLC

Aperio Group LLC grew its position in Equity Lifestyle Properties, Inc. (NYSE:ELS) by 15.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 25,884 shares of the real estate investment trust’s stock after buying an additional 3,474 shares during the period. Aperio Group LLC’s holdings in Equity Lifestyle Properties were worth $2,202,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Vanguard Group Inc. raised its holdings in Equity Lifestyle Properties by 2.7% in the second quarter. Vanguard Group Inc. now owns 12,836,756 shares of the real estate investment trust’s stock worth $1,108,326,000 after buying an additional 343,326 shares during the last quarter. BlackRock Inc. raised its holdings in Equity Lifestyle Properties by 3.4% in the second quarter. BlackRock Inc. now owns 6,258,525 shares of the real estate investment trust’s stock worth $540,359,000 after buying an additional 207,679 shares during the last quarter. State Street Corp raised its holdings in Equity Lifestyle Properties by 0.5% in the second quarter. State Street Corp now owns 2,545,930 shares of the real estate investment trust’s stock worth $219,817,000 after buying an additional 13,279 shares during the last quarter. Janus Henderson Group PLC raised its holdings in Equity Lifestyle Properties by 2,051.3% in the second quarter. Janus Henderson Group PLC now owns 2,010,984 shares of the real estate investment trust’s stock worth $173,664,000 after buying an additional 1,917,506 shares during the last quarter. Finally, Daiwa Securities Group Inc. raised its holdings in shares of Equity Lifestyle Properties by 2.7% during the second quarter. Daiwa Securities Group Inc. now owns 1,860,764 shares of the real estate investment trust’s stock valued at $160,658,000 after purchasing an additional 48,991 shares during the last quarter. 95.85% of the stock is owned by institutional investors and hedge funds.

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Several research analysts have recently weighed in on ELS shares. Cantor Fitzgerald reissued a “neutral” rating and set a $81.00 price objective (up from $75.00) on shares of Equity Lifestyle Properties in a report on Saturday, July 22nd. BidaskClub cut shares of Equity Lifestyle Properties from a “buy” rating to a “hold” rating in a report on Thursday, July 27th. Zacks Investment Research raised shares of Equity Lifestyle Properties from a “hold” rating to a “buy” rating and set a $98.00 price objective for the company in a report on Tuesday, August 22nd. Finally, Robert W. Baird cut shares of Equity Lifestyle Properties from an “outperform” rating to a “neutral” rating and set a $92.00 price objective for the company. in a report on Friday, September 8th. One research analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $87.67.

Shares of Equity Lifestyle Properties, Inc. (ELS) opened at $90.57 on Tuesday. Equity Lifestyle Properties, Inc. has a twelve month low of $65.87 and a twelve month high of $90.80. The company has a market cap of $7,854.36, a P/E ratio of 25.40, a price-to-earnings-growth ratio of 4.80 and a beta of 0.31. The company has a current ratio of 0.06, a quick ratio of 0.06 and a debt-to-equity ratio of 0.20.

Equity Lifestyle Properties (NYSE:ELS) last announced its earnings results on Monday, October 16th. The real estate investment trust reported $0.56 EPS for the quarter, missing the Zacks’ consensus estimate of $0.90 by ($0.34). The business had revenue of $241.63 million for the quarter, compared to analysts’ expectations of $226.85 million. Equity Lifestyle Properties had a net margin of 22.52% and a return on equity of 21.07%. The firm’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.83 earnings per share. equities research analysts predict that Equity Lifestyle Properties, Inc. will post 3.58 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, January 12th. Shareholders of record on Friday, December 29th will be given a $0.488 dividend. This is a positive change from Equity Lifestyle Properties’s previous quarterly dividend of $0.49. This represents a $1.95 dividend on an annualized basis and a dividend yield of 2.16%. The ex-dividend date of this dividend is Thursday, December 28th. Equity Lifestyle Properties’s dividend payout ratio is presently 93.30%.

Equity Lifestyle Properties Profile

Equity LifeStyle Properties, Inc is a real estate investment trust (REIT). The Company is an owner and operator of lifestyle-oriented properties (properties) consisting primarily of manufactured home (MH) communities and recreational vehicle (RV) resorts and campgrounds. The Company operates through two segments: Property Operations and Home Sales and Rentals Operations.

Institutional Ownership by Quarter for Equity Lifestyle Properties (NYSE:ELS)

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