Aware Super Pty Ltd as trustee of Aware Super Raises Stock Holdings in Equity Lifestyle Properties, Inc. $ELS

Aware Super Pty Ltd as trustee of Aware Super grew its stake in Equity Lifestyle Properties, Inc. (NYSE:ELS) by 17.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 509,038 shares of the real estate investment trust’s stock after buying an additional 76,615 shares during the quarter. Aware Super Pty Ltd as trustee of Aware Super owned approximately 0.27% of Equity Lifestyle Properties worth $31,392,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Farther Finance Advisors LLC lifted its stake in shares of Equity Lifestyle Properties by 12.3% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,620 shares of the real estate investment trust’s stock valued at $100,000 after purchasing an additional 178 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of Equity Lifestyle Properties by 10.8% in the 2nd quarter. GAMMA Investing LLC now owns 2,069 shares of the real estate investment trust’s stock valued at $128,000 after purchasing an additional 201 shares during the last quarter. Xponance Inc. lifted its stake in shares of Equity Lifestyle Properties by 0.7% in the 1st quarter. Xponance Inc. now owns 31,133 shares of the real estate investment trust’s stock valued at $2,077,000 after purchasing an additional 203 shares during the last quarter. GF Fund Management CO. LTD. lifted its stake in shares of Equity Lifestyle Properties by 6.8% in the 1st quarter. GF Fund Management CO. LTD. now owns 3,438 shares of the real estate investment trust’s stock valued at $229,000 after purchasing an additional 218 shares during the last quarter. Finally, Moran Wealth Management LLC lifted its stake in shares of Equity Lifestyle Properties by 1.2% in the 2nd quarter. Moran Wealth Management LLC now owns 17,995 shares of the real estate investment trust’s stock valued at $1,110,000 after purchasing an additional 220 shares during the last quarter. Hedge funds and other institutional investors own 97.21% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Equity Lifestyle Properties in a research note on Wednesday, October 8th. Wells Fargo & Company lowered their price objective on Equity Lifestyle Properties from $82.00 to $70.00 and set an “overweight” rating for the company in a research note on Thursday, July 24th. Compass Point raised Equity Lifestyle Properties from a “neutral” rating to a “buy” rating and set a $72.00 price objective for the company in a research note on Tuesday, July 22nd. Barclays raised Equity Lifestyle Properties from an “equal weight” rating to an “overweight” rating and lowered their price objective for the company from $70.00 to $67.00 in a research note on Tuesday, July 29th. Finally, Royal Bank Of Canada lowered their price objective on Equity Lifestyle Properties from $67.00 to $66.00 and set a “sector perform” rating for the company in a research note on Wednesday, July 23rd. Eight equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $71.05.

Equity Lifestyle Properties Trading Up 0.1%

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

Equity Lifestyle Properties (NYSE:ELS) last issued its quarterly earnings results on Monday, July 21st. The real estate investment trust reported $0.69 earnings per share for the quarter, hitting the consensus estimate of $0.69. Equity Lifestyle Properties had a return on equity of 21.12% and a net margin of 24.13%.The firm had revenue of $313.29 million for the quarter, compared to the consensus estimate of $377.59 million. During the same period in the prior year, the business posted $0.66 earnings per share. The company’s revenue for the quarter was down .8% on a year-over-year basis. 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, sell-side analysts expect that Equity Lifestyle Properties, Inc. will post 3.07 earnings per share for the current year.

Equity Lifestyle Properties Announces Dividend

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

Equity Lifestyle Properties Profile

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.