Mutual of America Capital Management LLC maintained its stake in Equity Lifestyle Properties, Inc. (NYSE:ELS) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,171 shares of the real estate investment trust’s stock at the close of the second quarter. Mutual of America Capital Management LLC’s holdings in Equity Lifestyle Properties were worth $446,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. New York State Common Retirement Fund increased its holdings in Equity Lifestyle Properties by 10.1% in the second quarter. New York State Common Retirement Fund now owns 182,800 shares of the real estate investment trust’s stock valued at $15,783,000 after buying an additional 16,699 shares in the last quarter. Teachers Insurance & Annuity Association of America increased its holdings in Equity Lifestyle Properties by 1.7% in the second quarter. Teachers Insurance & Annuity Association of America now owns 81,386 shares of the real estate investment trust’s stock valued at $7,027,000 after buying an additional 1,359 shares in the last quarter. Thrivent Financial For Lutherans increased its holdings in Equity Lifestyle Properties by 0.4% in the second quarter. Thrivent Financial For Lutherans now owns 68,418 shares of the real estate investment trust’s stock valued at $5,907,000 after buying an additional 280 shares in the last quarter. Profund Advisors LLC increased its holdings in Equity Lifestyle Properties by 26.3% in the second quarter. Profund Advisors LLC now owns 4,040 shares of the real estate investment trust’s stock valued at $349,000 after buying an additional 841 shares in the last quarter. Finally, Laurion Capital Management LP increased its holdings in Equity Lifestyle Properties by 3.2% in the second quarter. Laurion Capital Management LP now owns 3,200 shares of the real estate investment trust’s stock valued at $276,000 after buying an additional 100 shares in the last quarter. 95.74% of the stock is owned by institutional investors.

ELS has been the subject of a number of research analyst reports. Zacks Investment Research raised shares of Equity Lifestyle Properties from a “hold” rating to a “buy” rating and set a $99.00 target price for the company in a report on Tuesday, August 29th. BidaskClub cut shares of Equity Lifestyle Properties from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 11th. Finally, Cantor Fitzgerald reaffirmed a “hold” rating and issued a $81.00 target price on shares of Equity Lifestyle Properties in a report on Wednesday, September 13th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company’s stock. Equity Lifestyle Properties has an average rating of “Hold” and an average price target of $87.60.

Equity Lifestyle Properties, Inc. (NYSE ELS) opened at 87.57 on Wednesday. The stock has a market capitalization of $7.62 billion, a PE ratio of 43.46 and a beta of 0.32. The firm has a 50-day moving average of $87.51 and a 200-day moving average of $84.89. Equity Lifestyle Properties, Inc. has a one year low of $65.87 and a one year high of $90.80.

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

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 13th. Investors of record on Friday, September 29th will be paid a dividend of $0.4875 per share. This represents a $1.95 annualized dividend and a yield of 2.23%. The ex-dividend date of this dividend is Thursday, September 28th. Equity Lifestyle Properties’s dividend payout ratio is presently 97.02%.

In other Equity Lifestyle Properties news, Chairman Samuel Zell bought 805,333 shares of the business’s stock in a transaction that occurred on Friday, July 21st. The stock was acquired 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 through this hyperlink. 6.10% of the stock is owned by corporate insiders.

COPYRIGHT VIOLATION NOTICE: “Equity Lifestyle Properties, Inc. (ELS) Position Held by Mutual of America Capital Management LLC” was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this piece of content on another domain, it was illegally copied and reposted in violation of U.S. & international trademark and copyright law. The legal version of this piece of content can be accessed at https://www.thecerbatgem.com/2017/10/11/equity-lifestyle-properties-inc-els-position-held-by-mutual-of-america-capital-management-llc.html.

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)

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