Los Angeles Capital Management & Equity Research Inc. grew its stake in shares of Equity Lifestyle Properties, Inc. (NYSE:ELS) by 6.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 186,015 shares of the real estate investment trust’s stock after buying an additional 11,340 shares during the period. Los Angeles Capital Management & Equity Research Inc. owned 0.21% of Equity Lifestyle Properties worth $15,826,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of Equity Lifestyle Properties by 2.7% during the second quarter. Vanguard Group Inc. now owns 12,836,756 shares of the real estate investment trust’s stock valued at $1,108,326,000 after buying an additional 343,326 shares during the last quarter. BlackRock Inc. raised its position in shares of Equity Lifestyle Properties by 3.4% during the second quarter. BlackRock Inc. now owns 6,258,525 shares of the real estate investment trust’s stock valued at $540,359,000 after buying an additional 207,679 shares during the last quarter. State Street Corp raised its position in shares of Equity Lifestyle Properties by 0.5% during the second quarter. State Street Corp now owns 2,545,930 shares of the real estate investment trust’s stock valued at $219,817,000 after buying an additional 13,279 shares during the last quarter. Daiwa Securities Group Inc. raised its position in shares of Equity Lifestyle Properties by 18.6% during the third quarter. Daiwa Securities Group Inc. now owns 2,205,958 shares of the real estate investment trust’s stock valued at $187,683,000 after buying an additional 345,194 shares during the last quarter. Finally, Janus Henderson Group PLC raised its position in shares of Equity Lifestyle Properties by 2,051.3% during the second quarter. Janus Henderson Group PLC now owns 2,010,984 shares of the real estate investment trust’s stock valued at $173,664,000 after buying an additional 1,917,506 shares during the last quarter. Hedge funds and other institutional investors own 95.85% of the company’s stock.

A number of research analysts recently weighed in on ELS shares. Cantor Fitzgerald reissued a “hold” rating and issued a $81.00 target price on shares of Equity Lifestyle Properties in a report on Wednesday, September 13th. Zacks Investment Research raised shares of Equity Lifestyle Properties from a “hold” rating to a “buy” rating and set a $99.00 target price for the company in a report on Tuesday, August 29th. BMO Capital Markets started coverage on shares of Equity Lifestyle Properties in a report on Monday, October 9th. They issued a “market perform” rating and a $92.00 target price for the company. Finally, Citigroup Inc. raised their target price on shares of Equity Lifestyle Properties from $86.00 to $88.00 and gave the company a “neutral” rating in a report on Thursday, October 19th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $87.67.

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Equity Lifestyle Properties, Inc. (NYSE:ELS) opened at $90.07 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.06 and a current ratio of 0.06. The company has a market cap of $7,826.25, a price-to-earnings ratio of 25.31, a price-to-earnings-growth ratio of 4.79 and a beta of 0.31. Equity Lifestyle Properties, Inc. has a one year low of $66.66 and a one year high of $90.86.

Equity Lifestyle Properties (NYSE:ELS) last posted its quarterly earnings data on Monday, October 16th. The real estate investment trust reported $0.56 EPS for the quarter, missing the consensus estimate of $0.90 by ($0.34). Equity Lifestyle Properties had a return on equity of 21.07% and a net margin of 22.52%. The firm had revenue of $241.63 million for the quarter, compared to analysts’ expectations of $226.85 million. During the same period in the previous year, the firm earned $0.83 earnings per share. The firm’s quarterly revenue was up 6.8% compared to the same quarter last year. equities analysts anticipate that Equity Lifestyle Properties, Inc. will post 3.58 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 12th. Stockholders of record on Friday, December 29th will be given a dividend of $0.488 per share. This represents a $1.95 annualized dividend and a dividend yield of 2.17%. This is an increase from Equity Lifestyle Properties’s previous quarterly dividend of $0.49. The ex-dividend date is Thursday, December 28th. Equity Lifestyle Properties’s dividend payout ratio (DPR) is 93.30%.

About Equity Lifestyle Properties

Equity LifeStyle Properties, Inc is a real estate investment trust (REIT). The Company is an 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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Institutional Ownership by Quarter for Equity Lifestyle Properties (NYSE:ELS)

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