JPMorgan Chase & Co. increased its position in shares of Equity Lifestyle Properties, Inc. (NYSE:ELS) by 1.0% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,643,508 shares of the real estate investment trust’s stock after buying an additional 16,294 shares during the quarter. JPMorgan Chase & Co. owned about 1.89% of Equity Lifestyle Properties worth $141,901,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the stock. Swiss National Bank grew its stake in Equity Lifestyle Properties by 2.5% during the 2nd quarter. Swiss National Bank now owns 137,300 shares of the real estate investment trust’s stock worth $11,854,000 after buying an additional 3,400 shares during the last quarter. Pacad Investment Ltd. purchased a new position in Equity Lifestyle Properties during the 2nd quarter worth approximately $155,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Equity Lifestyle Properties by 10.0% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,015 shares of the real estate investment trust’s stock worth $519,000 after buying an additional 547 shares during the last quarter. Pacer Advisors Inc. grew its stake in Equity Lifestyle Properties by 14.4% during the 2nd quarter. Pacer Advisors Inc. now owns 16,125 shares of the real estate investment trust’s stock worth $1,392,000 after buying an additional 2,026 shares during the last quarter. Finally, Utah Retirement Systems grew its stake in Equity Lifestyle Properties by 5.9% during the 2nd quarter. Utah Retirement Systems now owns 17,538 shares of the real estate investment trust’s stock worth $1,513,000 after buying an additional 980 shares during the last quarter. Hedge funds and other institutional investors own 95.67% of the company’s stock.

A number of research analysts recently issued reports on ELS shares. BidaskClub upgraded Equity Lifestyle Properties from a “hold” rating to a “buy” rating in a research note on Tuesday, August 22nd. Zacks Investment Research upgraded Equity Lifestyle Properties from a “hold” rating to a “buy” rating and set a $97.00 price target on the stock in a research note on Thursday, June 22nd. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. Equity Lifestyle Properties presently has a consensus rating of “Hold” and an average price target of $84.25.

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Equity Lifestyle Properties, Inc. (NYSE ELS) opened at 90.32 on Thursday. Equity Lifestyle Properties, Inc. has a 52 week low of $65.87 and a 52 week high of $90.80. The firm has a 50 day moving average price of $87.73 and a 200 day moving average price of $83.38. The stock has a market capitalization of $7.86 billion, a P/E ratio of 44.82 and a beta of 0.32.

Equity Lifestyle Properties (NYSE:ELS) last posted its earnings results on Monday, July 17th. The real estate investment trust reported $0.81 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.81. The company had revenue of $221.30 million during the quarter, compared to analyst estimates of $209.80 million. Equity Lifestyle Properties had a return on equity of 20.64% and a net margin of 22.00%. The business’s revenue was up 5.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.75 earnings per share. Equities research analysts predict that Equity Lifestyle Properties, Inc. will post $2.14 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, October 13th. Stockholders of record on Friday, September 29th will be issued a dividend of $0.4875 per share. This represents a $1.95 annualized dividend and a dividend yield of 2.16%. The ex-dividend date is Thursday, September 28th. Equity Lifestyle Properties’s dividend payout ratio (DPR) is presently 97.02%.

In related news, Chairman Samuel Zell bought 805,333 shares of the stock in a transaction dated Friday, July 21st. The stock was bought at an average cost of $87.43 per share, with a total value of $70,410,264.19. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 6.10% of the stock is currently owned by corporate insiders.

About Equity Lifestyle Properties

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.

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

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