Profund Advisors LLC boosted its position in shares of Equity Lifestyle Properties, Inc. (NYSE:ELS) by 19.2% during the first quarter, according to its most recent Form 13F filing with the SEC.
Equity LifeStyle Properties, Inc is a real estate investment trust (REIT). Parallel Advisors LLC acquired a new position in shares of Equity Lifestyle Properties during the fourth quarter worth about $147,000. Suntrust Banks Inc. increased its position in shares of Equity Lifestyle Properties by 9.4% in the third quarter. Beese Fulmer Investment Management Inc. now owns 3,510 shares of the real estate investment trust's stock worth $270,000 after buying an additional 200 shares during the period. Venturi Wealth Management LLC now owns 32,011 shares of the real estate investment trust's stock valued at $2,471,000 after buying an additional 1,331 shares in the last quarter. Renaissance Technologies LLC raised its position in Equity Lifestyle Properties by 21.9% in the fourth quarter. Tudor Investment Corp Et Al acquired a new stake in Equity Lifestyle Properties during the fourth quarter valued at approximately $203,000. Macquarie Group Ltd. now owns 345,138 shares of the real estate investment trust's stock worth $24,885,000 after buying an additional 222,180 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,500 shares of the real estate investment trust's stock valued at $347,000 after buying an additional 378 shares during the last quarter. Hedge funds and other institutional investors own 93.40% of the company's stock. 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 stock increased +2.19% (+1.85) during the last days session, reaching 86.29 and roughly 449493 shares were bought or sold by traders.
The company is trading up by 0.42 percent from yesterday's close. The company has a 50 day moving average of $82.17 and a 200 day moving average of $76.09. The firm has a market cap of $7.37 billion, a price-to-earnings ratio of 42.84 and a beta of 0.33.
Equity Lifestyle Properties (NYSE:ELS) last issued its earnings results on Monday, April 17th. During the same quarter a year ago, the company posted $0.92 earnings per share. The business had revenue of $232.40 million for the quarter, compared to the consensus estimate of $218.28 million. Equity Lifestyle Properties, Inc. The firm's quarterly revenue was up 5.6% compared to the same quarter past year. During the same quarter past year, the company earned $0.92 EPS. TheStreet raised shares of Equity Lifestyle Properties from a "c+" rating to a "b" rating in a research note on Monday, April 17th.
The firm also recently declared a quarterly dividend, which will be paid on Friday, July 14th. Shareholders of record on Friday, June 30th will be paid a $0.4875 dividend. This represents a $1.95 dividend on an annualized basis and a dividend yield of 2.26%. Zacks downgraded Equity Lifestyle Properties, Inc.
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A number of analysts have recently commented on the company. Finally, Evercore ISI upped their price target on shares of Equity Lifestyle Properties from $74.00 to $77.00 and gave the company an "underperform" rating in a research report on Tuesday, April 18th. Piper Jaffray downgraded the shares of JWN in report on Monday, March 21 to "Neutral" rating. Glenmede Trust Co Na holds 0.01% in Equity Lifestyle Properties, Inc. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the stock. The company presently has an average rating of "Hold" and a consensus target price of $78.25.
In other news, Vice Chairman Howard Walker sold 1,608 shares of the firm's stock in a transaction on Monday, May 15th. MAYNARD ROGER sold $601,610 worth of stock or 8,000 shares. Following the transaction, the insider now directly owns 57,265 shares in the company, valued at $4,702,029.15. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.