Equity Lifestyle Properties, Inc. $ELS Stock: VIRGINIA RETIREMENT SYSTEMS ET Al Grows Stake

VIRGINIA RETIREMENT SYSTEMS ET Al boosted its position in Equity Lifestyle Properties, Inc. (NYSE:ELS) by 17.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 323,047 shares of the real estate investment trust’s stock after buying an additional 47,200 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Equity Lifestyle Properties were worth $18,843,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of ELS. YANKCOM Partnership grew its position in Equity Lifestyle Properties by 44.9% during the third quarter. YANKCOM Partnership now owns 549 shares of the real estate investment trust’s stock valued at $32,000 after acquiring an additional 170 shares during the last quarter. Bessemer Group Inc. lifted its holdings in shares of Equity Lifestyle Properties by 30.3% in the 1st quarter. Bessemer Group Inc. now owns 735 shares of the real estate investment trust’s stock worth $46,000 after acquiring an additional 171 shares during the last quarter. Fifth Third Bancorp lifted its holdings in shares of Equity Lifestyle Properties by 3.5% in the 1st quarter. Fifth Third Bancorp now owns 5,561 shares of the real estate investment trust’s stock worth $347,000 after acquiring an additional 189 shares during the last quarter. North Dakota State Investment Board lifted its holdings in shares of Equity Lifestyle Properties by 3.4% in the 3rd quarter. North Dakota State Investment Board now owns 5,908 shares of the real estate investment trust’s stock worth $345,000 after acquiring an additional 194 shares during the last quarter. Finally, BOKF NA boosted its stake in shares of Equity Lifestyle Properties by 1.5% in the 3rd quarter. BOKF NA now owns 13,169 shares of the real estate investment trust’s stock valued at $768,000 after purchasing an additional 201 shares in the last quarter. Hedge funds and other institutional investors own 97.21% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Robert W. Baird reduced their target price on shares of Equity Lifestyle Properties from $74.00 to $71.00 and set an “outperform” rating on the stock in a report on Wednesday, October 21st. Weiss Ratings lowered shares of Equity Lifestyle Properties from a “hold (c)” rating to a “sell (d+)” rating in a research report on Wednesday. Evercore set a $68.00 price objective on Equity Lifestyle Properties in a research note on Monday, September 21st. Wells Fargo & Company set a $64.00 price objective on Equity Lifestyle Properties and gave the stock an “equal weight” rating in a report on Monday, October 19th. Finally, UBS Group decreased their price objective on Equity Lifestyle Properties from $76.00 to $67.00 and set a “buy” rating on the stock in a report on Tuesday, October 6th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $67.09.

Equity Lifestyle Properties Stock Up 0.3%

Shares of Equity Lifestyle Properties stock opened at $59.04 on Friday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.02 and a current ratio of 0.02. Equity Lifestyle Properties, Inc. has a 52-week low of $57.46 and a 52-week high of $69.00. The company’s 50 day moving average price is $60.73 and its 200-day moving average price is $63.52. The stock has a market capitalization of $11.50 billion, a price-to-earnings ratio of 29.08, a P/E/G ratio of 3.58 and a beta of 0.63.

Equity Lifestyle Properties (NYSE:ELS) last posted its quarterly earnings results on Wednesday, October 21st. The real estate investment trust reported $0.45 EPS for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.34). The firm had revenue of $409.90 million for the quarter, compared to the consensus estimate of $402.75 million. Equity Lifestyle Properties had a net margin of 24.97% and a return on equity of 21.73%. The company’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.75 earnings per share. Equity Lifestyle Properties has set its Q4 2026 guidance at 0.780-0.840 EPS and its FY 2026 guidance at 3.150-3.210 EPS. Equities research analysts forecast that Equity Lifestyle Properties, Inc. will post 3.19 EPS for the current year.

Equity Lifestyle Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 8th. Investors of record on Thursday, December 24th will be paid a $0.5425 dividend. The ex-dividend date of this dividend is Thursday, December 24th. This represents a $2.17 annualized dividend and a dividend yield of 3.7%. Equity Lifestyle Properties’s dividend payout ratio (DPR) is presently 106.90%.

Equity Lifestyle Properties Company Profile

Equity LifeStyle Properties, Inc (NYSE:ELS) is a real estate investment trust that owns, operates and manages manufactured housing communities, recreational vehicle resorts and campgrounds, and marinas. Its properties are designed to provide residential and vacation accommodations, with offerings that range from long-term manufactured home sites to seasonal and transient RV sites and boat storage.

The company serves residents, vacationers and boat owners across the United States. Its portfolio is concentrated in locations with favorable climates, recreational appeal and access to coastal, lakefront or other leisure destinations.