Equity Lifestyle Properties, Inc. $ELS Shares Sold by Strs Ohio

Strs Ohio lowered its holdings in Equity Lifestyle Properties, Inc. (NYSE:ELS) by 4.2% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 128,131 shares of the real estate investment trust’s stock after selling 5,669 shares during the quarter. Strs Ohio owned 0.07% of Equity Lifestyle Properties worth $7,902,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in Equity Lifestyle Properties by 0.4% in the first quarter. Vanguard Group Inc. now owns 25,151,151 shares of the real estate investment trust’s stock valued at $1,677,582,000 after acquiring an additional 97,306 shares during the period. Victory Capital Management Inc. lifted its holdings in Equity Lifestyle Properties by 15.1% in the first quarter. Victory Capital Management Inc. now owns 5,330,066 shares of the real estate investment trust’s stock valued at $355,515,000 after acquiring an additional 699,877 shares during the period. JPMorgan Chase & Co. lifted its holdings in Equity Lifestyle Properties by 12.7% in the first quarter. JPMorgan Chase & Co. now owns 4,209,452 shares of the real estate investment trust’s stock valued at $280,771,000 after acquiring an additional 474,495 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Equity Lifestyle Properties by 1.0% in the first quarter. Dimensional Fund Advisors LP now owns 2,722,268 shares of the real estate investment trust’s stock valued at $181,574,000 after acquiring an additional 26,775 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Equity Lifestyle Properties by 1.7% in the first quarter. Charles Schwab Investment Management Inc. now owns 2,597,191 shares of the real estate investment trust’s stock valued at $173,233,000 after acquiring an additional 43,861 shares during the period. Institutional investors and hedge funds own 97.21% of the company’s stock.

Equity Lifestyle Properties Trading Up 0.6%

Shares of ELS stock opened at $61.09 on Monday. Equity Lifestyle Properties, Inc. has a fifty-two week low of $58.15 and a fifty-two week high of $73.67. The stock has a market cap of $11.84 billion, a P/E ratio of 30.70, a P/E/G ratio of 3.32 and a beta of 0.71. The business has a fifty day simple moving average of $61.11 and a 200-day simple moving average of $61.95. The company has a quick ratio of 0.04, a current ratio of 0.05 and a debt-to-equity ratio of 0.27.

Equity Lifestyle Properties (NYSE:ELS) last posted its quarterly earnings data on Wednesday, October 22nd. The real estate investment trust reported $0.75 EPS for the quarter, hitting analysts’ consensus estimates of $0.75. The firm had revenue of $393.31 million during the quarter, compared to analysts’ expectations of $389.39 million. Equity Lifestyle Properties had a return on equity of 20.99% and a net margin of 24.97%.The firm’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.72 EPS. Equity Lifestyle Properties has set its FY 2025 guidance at 3.010-3.110 EPS. Q4 2025 guidance at 0.750-0.810 EPS. On average, analysts forecast that Equity Lifestyle Properties, Inc. will post 3.07 earnings per share for the current fiscal year.

Equity Lifestyle Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 9th. Shareholders of record on Friday, December 26th will be issued a $0.515 dividend. The ex-dividend date is Friday, December 26th. This represents a $2.06 annualized dividend and a yield of 3.4%. Equity Lifestyle Properties’s payout ratio is 103.52%.

Analyst Ratings Changes

ELS has been the subject of a number of recent analyst reports. Compass Point raised Equity Lifestyle Properties from a “neutral” rating to a “buy” rating and set a $72.00 target price for the company in a report on Tuesday, July 22nd. Royal Bank Of Canada dropped their price target on Equity Lifestyle Properties from $67.00 to $66.00 and set a “sector perform” rating for the company in a research report on Wednesday, July 23rd. Weiss Ratings restated a “hold (c)” rating on shares of Equity Lifestyle Properties in a research report on Wednesday, October 8th. Truist Financial set a $68.00 price target on Equity Lifestyle Properties and gave the company a “buy” rating in a research report on Wednesday, July 30th. Finally, Jefferies Financial Group upgraded Equity Lifestyle Properties to a “strong-buy” rating in a research report on Monday, October 20th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $70.14.

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.