Martingale Asset Management L P cut its position in Equity Lifestyle Properties, Inc.
Several brokerages have recently commented on ELS. Sit Investment Associates Inc. now owns 2,650 shares of the real estate investment trust's stock worth $204,000 after buying an additional 1,350 shares in the last quarter. Nuveen Fund Advisors LLC bought a new position in Equity Lifestyle Properties during the third quarter valued at $201,000. Flinton Capital Management LLC acquired a new position in Equity Lifestyle Properties during the fourth quarter worth $183,000. Finally, Venturi Wealth Management LLC boosted its position in shares of Equity Lifestyle Properties by 4.3% in the third quarter. Mitsubishi UFJ Kokusai Asset Management Co. JPMorgan Chase & Co. raised its position in shares of Equity Lifestyle Properties by 91.2% in the first quarter. Finally, Sit Investment Associates Inc. boosted its position in Equity Lifestyle Properties by 103.8% in the first quarter. Tudor Investment Corp Et Al purchased a new stake in Equity Lifestyle Properties during the fourth quarter valued at $203,000. Institutional investors and hedge funds own 96.40% of the company's stock.
Shares of Equity Lifestyle Properties, Inc. (NYSE ELS) traded up 0.06% during trading on Monday, hitting $86.34. The company's stock had a trading volume of 372,159 shares. Equity Lifestyle Properties, Inc. has a 1-year low of $65.87 and a 1-year high of $86.86. The firm has a market capitalization of $7.36 billion, a P/E ratio of 42.79 and a beta of 0.33. The firm's 50 day moving average is $82.77 and its 200-day moving average is $76.67.
(NYSE:ELS). Daiwa Sb Invests Limited stated it has 0% in Equity Lifestyle Properties, Inc. The real estate investment trust reported $1.00 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.98 by $0.02. Equity Lifestyle Properties had a net margin of 21.50% and a return on equity of 20.43%. The firm had revenue of $232.40 million for the quarter, compared to analyst estimates of $218.28 million. During the same period in the previous year, the business earned $0.92 EPS. Equities research analysts anticipate that Equity Lifestyle Properties, Inc. will post $2.11 EPS for the current fiscal year. 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 issued a dividend of $0.4875 per share. The ex-dividend date is Wednesday, June 28th. This represents a $1.95 dividend on an annualized basis and a dividend yield of 2.29%. Equity Lifestyle Properties's payout ratio is 98.49%.
TRADEMARK VIOLATION NOTICE: This news story was originally reported by Chaffey Breeze and is owned by of Chaffey Breeze. If you are reading this piece of content on another website, it was illegally stolen and reposted in violation of USA and worldwide trademark & copyright legislation. Bank of Montreal Can's holdings in Equity Lifestyle Properties were worth $1,818,000 as of its most recent filing with the SEC. Equity Lifestyle Properties presently has a consensus rating of "Hold" and a consensus target price of $80.25. TheStreet upgraded shares of Equity Lifestyle Properties from a c+ rating to a b rating in a research note on Monday, April 17th. Zacks Investment Research raised Equity Lifestyle Properties from a "hold" rating to a "buy" rating and set a $96.00 target price on the stock in a report on Wednesday. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have assigned a buy recommendation to the company. The company now has a consensus rating of "Hold" and a consensus price target of $80.25.
In other Equity Lifestyle Properties news, Vice Chairman Howard Walker sold 1,608 shares of Equity Lifestyle Properties stock in a transaction that occurred on Monday, May 15th. The shares were sold at an average price of $82.11, for a total value of $132,032.88. Following the completion of the transaction, the insider now owns 57,265 shares of the company's stock, valued at approximately $4,702,029.15. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Cubist Systematic Strategies Ltd Limited Liability Company owns 12,041 shares or 0.07% of their United States portfolio. 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 in the last quarter. 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.