Stephens Inc. AR Has $1.04 Million Position in Equity Lifestyle Properties, Inc. (ELS)

Stephens Inc. AR trimmed its stake in shares of Equity Lifestyle Properties, Inc. (NYSE:ELS) by 15.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 11,678 shares of the real estate investment trust’s stock after selling 2,100 shares during the quarter. Stephens Inc. AR’s holdings in Equity Lifestyle Properties were worth $1,040,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Prudential Financial Inc. grew its holdings in Equity Lifestyle Properties by 7.0% during the third quarter. Prudential Financial Inc. now owns 614,491 shares of the real estate investment trust’s stock worth $52,281,000 after acquiring an additional 40,018 shares during the period. APG Asset Management US Inc. grew its holdings in Equity Lifestyle Properties by 4.5% during the fourth quarter. APG Asset Management US Inc. now owns 1,076,000 shares of the real estate investment trust’s stock worth $95,786,000 after acquiring an additional 46,500 shares during the period. Janus Henderson Group PLC grew its holdings in Equity Lifestyle Properties by 0.4% during the third quarter. Janus Henderson Group PLC now owns 2,019,167 shares of the real estate investment trust’s stock worth $171,789,000 after acquiring an additional 8,183 shares during the period. California Public Employees Retirement System grew its holdings in Equity Lifestyle Properties by 7.1% during the third quarter. California Public Employees Retirement System now owns 195,382 shares of the real estate investment trust’s stock worth $16,623,000 after acquiring an additional 12,882 shares during the period. Finally, First Trust Advisors LP grew its holdings in Equity Lifestyle Properties by 76.0% during the third quarter. First Trust Advisors LP now owns 149,345 shares of the real estate investment trust’s stock worth $12,706,000 after acquiring an additional 64,488 shares during the period. 96.95% of the stock is currently owned by hedge funds and other institutional investors.

Several research firms recently commented on ELS. Robert W. Baird reaffirmed a “hold” rating and set a $95.00 target price on shares of Equity Lifestyle Properties in a report on Monday, December 11th. Evercore ISI raised Equity Lifestyle Properties from an “underperform” rating to an “in-line” rating in a report on Monday, December 4th. BMO Capital Markets reaffirmed a “hold” rating and set a $94.00 target price on shares of Equity Lifestyle Properties in a report on Monday, November 27th. Zacks Investment Research raised Equity Lifestyle Properties from a “hold” rating to a “buy” rating and set a $103.00 target price on the stock in a report on Tuesday, December 19th. Finally, Citigroup raised their target price on Equity Lifestyle Properties from $86.00 to $88.00 and gave the stock a “neutral” rating in a report on Thursday, October 19th. Six research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $89.50.

Equity Lifestyle Properties, Inc. (ELS) opened at $82.45 on Monday. The stock has a market capitalization of $7,303.85, a P/E ratio of 22.97, a price-to-earnings-growth ratio of 4.09 and a beta of 0.21. The company has a current ratio of 0.06, a quick ratio of 0.06 and a debt-to-equity ratio of 0.20. Equity Lifestyle Properties, Inc. has a 1 year low of $74.68 and a 1 year high of $91.94.

In other Equity Lifestyle Properties news, CFO Paul Seavey sold 7,775 shares of the stock in a transaction that occurred on Thursday, December 21st. The stock was sold at an average price of $87.98, for a total transaction of $684,044.50. Following the transaction, the chief financial officer now owns 48,502 shares in the company, valued at $4,267,205.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Vice Chairman Howard Walker sold 1,200 shares of the stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $88.74, for a total value of $106,488.00. The disclosure for this sale can be found here. Insiders have sold 21,475 shares of company stock worth $1,894,283 in the last quarter. 6.10% of the stock is currently owned by company insiders.

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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.

Want to see what other hedge funds are holding ELS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Equity Lifestyle Properties, Inc. (NYSE:ELS).

Institutional Ownership by Quarter for Equity Lifestyle Properties (NYSE:ELS)

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