Quantbot Technologies LP acquired a new stake in Equity Lifestyle Properties, Inc. (NYSE:ELS) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,746 shares of the real estate investment trust’s stock, valued at approximately $148,000.

Other institutional investors have also bought and sold shares of the company. Parallel Advisors LLC increased its position in shares of Equity Lifestyle Properties by 3.8% during the second quarter. Parallel Advisors LLC now owns 2,244 shares of the real estate investment trust’s stock worth $196,000 after purchasing an additional 82 shares in the last quarter. Laurion Capital Management LP grew its holdings in shares of Equity Lifestyle Properties by 3.2% during the second quarter. Laurion Capital Management LP now owns 3,200 shares of the real estate investment trust’s stock worth $276,000 after buying an additional 100 shares during the last quarter. Advisor Group Inc. grew its holdings in shares of Equity Lifestyle Properties by 9.2% during the second quarter. Advisor Group Inc. now owns 1,489 shares of the real estate investment trust’s stock worth $128,000 after buying an additional 125 shares during the last quarter. Alps Advisors Inc. grew its holdings in shares of Equity Lifestyle Properties by 1.9% during the second quarter. Alps Advisors Inc. now owns 6,922 shares of the real estate investment trust’s stock worth $598,000 after buying an additional 130 shares during the last quarter. Finally, Public Employees Retirement Association of Colorado grew its holdings in shares of Equity Lifestyle Properties by 0.7% during the second quarter. Public Employees Retirement Association of Colorado now owns 18,304 shares of the real estate investment trust’s stock worth $1,580,000 after buying an additional 136 shares during the last quarter. Institutional investors own 97.89% of the company’s stock.

Shares of Equity Lifestyle Properties, Inc. (ELS) opened at $90.20 on Friday. Equity Lifestyle Properties, Inc. has a 12-month low of $68.75 and a 12-month high of $90.94. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.06 and a current ratio of 0.06. The stock has a market cap of $7,920.00, a P/E ratio of 25.66, a PEG ratio of 4.85 and a beta of 0.30.

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

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 12th. Investors of record on Friday, December 29th will be given a dividend of $0.488 per share. This is an increase from Equity Lifestyle Properties’s previous quarterly dividend of $0.49. This represents a $1.95 annualized dividend and a dividend yield of 2.16%. The ex-dividend date of this dividend is Thursday, December 28th. Equity Lifestyle Properties’s payout ratio is currently 93.30%.

A number of research firms recently issued reports on ELS. Zacks Investment Research raised Equity Lifestyle Properties from a “hold” rating to a “buy” rating and set a $98.00 price target on the stock in a report on Thursday, September 21st. BidaskClub raised Equity Lifestyle Properties from a “hold” rating to a “buy” rating in a report on Tuesday, August 22nd. BMO Capital Markets reaffirmed a “hold” rating and issued a $94.00 price objective on shares of Equity Lifestyle Properties in a report on Monday, November 27th. Robert W. Baird lowered Equity Lifestyle Properties from an “outperform” rating to a “neutral” rating and set a $92.00 price objective on the stock. in a report on Friday, September 8th. Finally, Citigroup lifted their price objective on Equity Lifestyle Properties from $86.00 to $88.00 and gave the company a “neutral” rating in a report on Thursday, October 19th. One analyst has rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $88.00.

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Equity Lifestyle Properties Company 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.

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

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