Equity Lifestyle Properties, Inc. (ELS) Holdings Raised by Pacer Advisors Inc.

Pacer Advisors Inc. boosted its holdings in shares of Equity Lifestyle Properties, Inc. (NYSE:ELS) by 14.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18,450 shares of the real estate investment trust’s stock after purchasing an additional 2,325 shares during the period. Pacer Advisors Inc.’s holdings in Equity Lifestyle Properties were worth $1,570,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Parallel Advisors LLC lifted its stake in shares of Equity Lifestyle Properties by 3.8% in the 2nd quarter. Parallel Advisors LLC now owns 2,244 shares of the real estate investment trust’s stock valued at $196,000 after acquiring an additional 82 shares during the last quarter. Laurion Capital Management LP lifted its stake in shares of Equity Lifestyle Properties by 3.2% in the 2nd quarter. Laurion Capital Management LP now owns 3,200 shares of the real estate investment trust’s stock valued at $276,000 after acquiring an additional 100 shares during the last quarter. Advisor Group Inc. lifted its stake in shares of Equity Lifestyle Properties by 9.2% in the 2nd quarter. Advisor Group Inc. now owns 1,489 shares of the real estate investment trust’s stock valued at $128,000 after acquiring an additional 125 shares during the last quarter. Alps Advisors Inc. lifted its stake in shares of Equity Lifestyle Properties by 1.9% in the 2nd quarter. Alps Advisors Inc. now owns 6,922 shares of the real estate investment trust’s stock valued at $598,000 after acquiring an additional 130 shares during the last quarter. Finally, Public Employees Retirement Association of Colorado lifted its stake in shares of Equity Lifestyle Properties by 0.7% in the 2nd quarter. Public Employees Retirement Association of Colorado now owns 18,304 shares of the real estate investment trust’s stock valued at $1,580,000 after acquiring an additional 136 shares during the last quarter. Hedge funds and other institutional investors own 95.80% of the company’s stock.

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ELS has been the subject of a number of research reports. Cantor Fitzgerald reiterated a “hold” rating and issued a $81.00 price target on shares of Equity Lifestyle Properties in a research note on Wednesday, September 13th. Zacks Investment Research upgraded Equity Lifestyle Properties from a “hold” rating to a “buy” rating and set a $99.00 price target for the company in a research note on Tuesday, August 29th. BMO Capital Markets initiated coverage on Equity Lifestyle Properties in a research note on Monday, October 9th. They issued a “market perform” rating and a $92.00 price target for the company. Finally, Citigroup Inc. increased their price target on Equity Lifestyle Properties from $86.00 to $88.00 and gave the company a “neutral” rating in a research note on Thursday, October 19th. One equities 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 price target of $87.67.

Shares of Equity Lifestyle Properties, Inc. (ELS) traded up $0.19 during trading hours on Tuesday, reaching $89.27. The company had a trading volume of 484,500 shares, compared to its average volume of 374,656. The company has a market cap of $7,840.00, a price-to-earnings ratio of 25.31, a P/E/G ratio of 4.78 and a beta of 0.30. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.06 and a current ratio of 0.06. Equity Lifestyle Properties, Inc. has a twelve month low of $67.21 and a twelve month high of $90.86.

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

The business also recently announced a quarterly dividend, which will be paid on Friday, January 12th. Investors of record on Friday, December 29th will be given a dividend of $0.488 per share. This is a positive change from Equity Lifestyle Properties’s previous quarterly dividend of $0.49. This represents a $1.95 annualized dividend and a yield of 2.19%. The ex-dividend date of this dividend is Thursday, December 28th. Equity Lifestyle Properties’s dividend payout ratio (DPR) is currently 93.30%.

Equity Lifestyle Properties Profile

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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