Equity Lifestyle Properties, Inc. (ELS) Shares Sold by WINTON GROUP Ltd

WINTON GROUP Ltd lessened its stake in Equity Lifestyle Properties, Inc. (NYSE:ELS) by 44.3% in the second quarter, HoldingsChannel.com reports. The firm owned 21,505 shares of the real estate investment trust’s stock after selling 17,096 shares during the period. WINTON GROUP Ltd’s holdings in Equity Lifestyle Properties were worth $1,976,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of ELS. Qube Research & Technologies Ltd bought a new stake in Equity Lifestyle Properties in the 2nd quarter worth approximately $156,000. Campbell & CO Investment Adviser LLC bought a new stake in Equity Lifestyle Properties in the 2nd quarter worth approximately $204,000. Koch Industries Inc. bought a new stake in Equity Lifestyle Properties in the 1st quarter worth approximately $205,000. Chicago Equity Partners LLC bought a new stake in Equity Lifestyle Properties in the 2nd quarter worth approximately $207,000. Finally, Hartford Investment Management Co. bought a new stake in Equity Lifestyle Properties in the 2nd quarter worth approximately $220,000. 95.51% of the stock is owned by institutional investors and hedge funds.

Shares of ELS stock opened at $95.94 on Tuesday. Equity Lifestyle Properties, Inc. has a 1 year low of $79.78 and a 1 year high of $97.44. The company has a quick ratio of 0.04, a current ratio of 0.04 and a debt-to-equity ratio of 0.18. The firm has a market cap of $8.64 billion, a PE ratio of 26.07, a price-to-earnings-growth ratio of 5.27 and a beta of 0.15.

Equity Lifestyle Properties (NYSE:ELS) last issued its quarterly earnings data on Monday, July 23rd. The real estate investment trust reported $0.52 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.02). Equity Lifestyle Properties had a net margin of 22.25% and a return on equity of 20.05%. The business had revenue of $240.50 million for the quarter, compared to the consensus estimate of $224.20 million. During the same period in the previous year, the firm earned $0.81 EPS. The company’s revenue was up 8.7% on a year-over-year basis. sell-side analysts forecast that Equity Lifestyle Properties, Inc. will post 3.89 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 12th. Stockholders of record on Friday, September 28th will be given a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.29%. The ex-dividend date is Thursday, September 27th. Equity Lifestyle Properties’s payout ratio is 61.11%.

A number of research firms have commented on ELS. Zacks Investment Research downgraded shares of Equity Lifestyle Properties from a “hold” rating to a “sell” rating in a research report on Wednesday, July 25th. ValuEngine raised shares of Equity Lifestyle Properties from a “hold” rating to a “buy” rating in a research report on Monday, September 17th. Bank of America boosted their price objective on shares of Equity Lifestyle Properties from $99.00 to $100.50 and gave the company a “buy” rating in a research report on Monday, September 17th. Finally, Wells Fargo & Co boosted their price objective on shares of Equity Lifestyle Properties from $95.00 to $104.00 and gave the company an “outperform” rating in a research report on Friday, August 24th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $94.21.

Equity Lifestyle Properties Company Profile

We are a self-administered, self-managed real estate investment trust (?REIT?) with headquarters in Chicago. As of July 23, 2018, we own or have an interest in 410 quality properties in 32 states and British Columbia consisting of 153,549 sites.

Further Reading: Book Value Per Share – BVPS

Want to see what other hedge funds are holding ELS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Equity Lifestyle Properties, Inc. (NYSE:ELS).

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

Receive News & Ratings for Equity Lifestyle Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equity Lifestyle Properties and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply