Aberdeen Group plc Has $10.81 Million Stake in Equity Lifestyle Properties, Inc. $ELS

Aberdeen Group plc boosted its position in shares of Equity Lifestyle Properties, Inc. (NYSE:ELS) by 7.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 175,348 shares of the real estate investment trust’s stock after purchasing an additional 12,696 shares during the period. Aberdeen Group plc’s holdings in Equity Lifestyle Properties were worth $10,814,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in Equity Lifestyle Properties by 0.4% during the 1st quarter. Vanguard Group Inc. now owns 25,151,151 shares of the real estate investment trust’s stock worth $1,677,582,000 after purchasing an additional 97,306 shares in the last quarter. Principal Financial Group Inc. grew its position in Equity Lifestyle Properties by 4.6% during the 1st quarter. Principal Financial Group Inc. now owns 6,349,010 shares of the real estate investment trust’s stock worth $423,479,000 after purchasing an additional 278,193 shares in the last quarter. Victory Capital Management Inc. grew its position in Equity Lifestyle Properties by 15.1% during the 1st quarter. Victory Capital Management Inc. now owns 5,330,066 shares of the real estate investment trust’s stock worth $355,515,000 after purchasing an additional 699,877 shares in the last quarter. JPMorgan Chase & Co. grew its position in Equity Lifestyle Properties by 12.7% during the 1st quarter. JPMorgan Chase & Co. now owns 4,209,452 shares of the real estate investment trust’s stock worth $280,771,000 after purchasing an additional 474,495 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in Equity Lifestyle Properties by 1.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,722,268 shares of the real estate investment trust’s stock worth $181,574,000 after purchasing an additional 26,775 shares in the last quarter. 97.21% of the stock is currently owned by hedge funds and other institutional investors.

Equity Lifestyle Properties Stock Up 0.1%

Shares of NYSE ELS opened at $62.25 on Thursday. The firm’s 50-day simple moving average is $60.79 and its 200 day simple moving average is $62.27. The company has a market cap of $12.06 billion, a price-to-earnings ratio of 32.25, a price-to-earnings-growth ratio of 3.36 and a beta of 0.71. The company has a quick ratio of 0.04, a current ratio of 0.04 and a debt-to-equity ratio of 0.24. Equity Lifestyle Properties, Inc. has a 12-month low of $58.15 and a 12-month high of $73.67.

Equity Lifestyle Properties (NYSE:ELS) last released its earnings results on Monday, July 21st. The real estate investment trust reported $0.69 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.69. The company had revenue of $313.29 million for the quarter, compared to the consensus estimate of $377.59 million. Equity Lifestyle Properties had a net margin of 24.13% and a return on equity of 21.12%. The company’s revenue was down .8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.66 EPS. Equity Lifestyle Properties has set its FY 2025 guidance at 3.010-3.110 EPS. Q3 2025 guidance at 0.720-0.780 EPS. On average, research analysts expect that Equity Lifestyle Properties, Inc. will post 3.07 earnings per share for the current fiscal year.

Equity Lifestyle Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 10th. Investors of record on Friday, September 26th were issued a dividend of $0.515 per share. This represents a $2.06 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Friday, September 26th. Equity Lifestyle Properties’s dividend payout ratio (DPR) is presently 106.74%.

Analysts Set New Price Targets

ELS has been the subject of several research reports. Truist Financial set a $68.00 price target on shares of Equity Lifestyle Properties and gave the stock a “buy” rating in a report on Wednesday, July 30th. Barclays raised shares of Equity Lifestyle Properties from an “equal weight” rating to an “overweight” rating and dropped their price target for the company from $70.00 to $67.00 in a research report on Tuesday, July 29th. Morgan Stanley dropped their target price on shares of Equity Lifestyle Properties from $67.50 to $62.50 and set an “equal weight” rating on the stock in a research report on Thursday, September 4th. Wells Fargo & Company lowered their price target on shares of Equity Lifestyle Properties from $82.00 to $70.00 and set an “overweight” rating on the stock in a report on Thursday, July 24th. Finally, Compass Point raised shares of Equity Lifestyle Properties from a “neutral” rating to a “buy” rating and set a $72.00 price target on the stock in a report on Tuesday, July 22nd. Eight investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $71.05.

About Equity Lifestyle Properties

Equity LifeStyle Properties, Inc is a real estate investment trust, which engages in the ownership and operation of lifestyle-oriented properties consisting primarily of manufactured home, and recreational vehicle communities. It operates through the following segments: Property Operations and Home Sales and Rentals Operations.