Equity Lifestyle Properties Inc. (NYSE:ELS) shares saw unusually-strong trading volume on Friday . Approximately 405,368 shares traded hands during trading, a decline of 3% from the previous session’s volume of 419,071 shares.The stock last traded at $80.04 and had previously closed at $80.06.

A number of research analysts have weighed in on ELS shares. Zacks Investment Research cut shares of Equity Lifestyle Properties from a “buy” rating to a “hold” rating in a research report on Tuesday, April 5th. Robert W. Baird reiterated a “hold” rating on shares of Equity Lifestyle Properties in a research note on Tuesday, April 19th. Citigroup Inc. lifted their price objective on shares of Equity Lifestyle Properties from $70.00 to $80.00 and gave the company a “neutral” rating in a research note on Thursday, July 7th. Finally, Cantor Fitzgerald reiterated a “hold” rating on shares of Equity Lifestyle Properties in a research note on Saturday, June 4th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of C$70.10.

The stock has a 50 day moving average price of $75.70 and a 200 day moving average price of $71.12. The company has a market capitalization of $6.80 billion and a price-to-earnings ratio of 44.38.

Equity Lifestyle Properties (NYSE:ELS) last issued its earnings results on Monday, April 18th. The company reported $0.92 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $0.02. The business earned $220.10 million during the quarter, compared to analyst estimates of $207.25 million. Equity Lifestyle Properties’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.83 EPS. Equities research analysts expect that Equity Lifestyle Properties Inc. will post $3.27 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, July 8th. Stockholders of record on Friday, June 24th were issued a $0.425 dividend. The ex-dividend date was Wednesday, June 22nd. This represents a $1.70 dividend on an annualized basis and a dividend yield of 2.11%.

In other news, EVP Roger Maynard sold 15,000 shares of the company’s stock in a transaction dated Thursday, June 9th. The stock was sold at an average price of C$71.64, for a total value of C$1,074,600.00. Following the transaction, the executive vice president now owns 155,379 shares in the company, valued at approximately C$11,131,351.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Several large investors have recently made changes to their positions in ELS. Mizuho Trust & Banking Co. Ltd. boosted its stake in shares of Equity Lifestyle Properties by 1.9% in the fourth quarter. Mizuho Trust & Banking Co. Ltd. now owns 15,071 shares of the company’s stock valued at $1,006,000 after buying an additional 287 shares during the last quarter. Rhumbline Advisers boosted its stake in shares of Equity Lifestyle Properties by 1.1% in the fourth quarter. Rhumbline Advisers now owns 86,957 shares of the company’s stock valued at $5,797,000 after buying an additional 920 shares during the last quarter. ProShare Advisors LLC boosted its stake in shares of Equity Lifestyle Properties by 11.9% in the fourth quarter. ProShare Advisors LLC now owns 28,937 shares of the company’s stock valued at $1,929,000 after buying an additional 3,078 shares during the last quarter. Mutual of America Capital Management LLC boosted its stake in shares of Equity Lifestyle Properties by 7.9% in the fourth quarter. Mutual of America Capital Management LLC now owns 88,265 shares of the company’s stock valued at $5,885,000 after buying an additional 6,461 shares during the last quarter. Finally, California Public Employees Retirement System boosted its stake in shares of Equity Lifestyle Properties by 3.5% in the fourth quarter. California Public Employees Retirement System now owns 208,626 shares of the company’s stock valued at $13,909,000 after buying an additional 7,000 shares during the last quarter.

Equity LifeStyle Properties, Inc is a real estate investment trust. The Company is an integrated 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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