Equity Lifestyle Properties, Inc. $ELS Shares Acquired by Moran Wealth Management LLC

Moran Wealth Management LLC increased its holdings in shares of Equity Lifestyle Properties, Inc. (NYSE:ELS) by 1.2% during the second quarter, Holdings Channel.com reports. The fund owned 17,995 shares of the real estate investment trust’s stock after buying an additional 220 shares during the period. Moran Wealth Management LLC’s holdings in Equity Lifestyle Properties were worth $1,110,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in Equity Lifestyle Properties by 0.4% in the first quarter. Vanguard Group Inc. now owns 25,151,151 shares of the real estate investment trust’s stock valued at $1,677,582,000 after purchasing an additional 97,306 shares during the period. Principal Financial Group Inc. grew its stake in Equity Lifestyle Properties by 4.6% in the 1st quarter. Principal Financial Group Inc. now owns 6,349,010 shares of the real estate investment trust’s stock valued at $423,479,000 after acquiring an additional 278,193 shares during the period. Victory Capital Management Inc. increased its holdings in Equity Lifestyle Properties by 15.1% in the 1st quarter. Victory Capital Management Inc. now owns 5,330,066 shares of the real estate investment trust’s stock worth $355,515,000 after acquiring an additional 699,877 shares in the last quarter. JPMorgan Chase & Co. raised its position in Equity Lifestyle Properties by 12.7% during the first quarter. JPMorgan Chase & Co. now owns 4,209,452 shares of the real estate investment trust’s stock worth $280,771,000 after acquiring an additional 474,495 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in Equity Lifestyle Properties by 1.0% during the first quarter. Dimensional Fund Advisors LP now owns 2,722,268 shares of the real estate investment trust’s stock valued at $181,574,000 after purchasing an additional 26,775 shares in the last quarter. Institutional investors and hedge funds own 97.21% of the company’s stock.

Equity Lifestyle Properties Trading Up 0.1%

Shares of ELS stock opened at $62.25 on Thursday. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 0.24. Equity Lifestyle Properties, Inc. has a twelve month low of $58.15 and a twelve month high of $73.67. The company’s 50-day moving average price is $60.79 and its 200-day moving average price is $62.27. The stock has a market cap of $12.06 billion, a price-to-earnings ratio of 32.25, a PEG ratio of 3.36 and a beta of 0.71.

Equity Lifestyle Properties (NYSE:ELS) last issued its earnings results on Monday, July 21st. The real estate investment trust reported $0.69 EPS for the quarter, hitting analysts’ consensus estimates of $0.69. The company had revenue of $313.29 million for the quarter, compared to the consensus estimate of $377.59 million. Equity Lifestyle Properties had a net margin of 24.13% and a return on equity of 21.12%. Equity Lifestyle Properties’s quarterly revenue was down .8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.66 earnings per share. Equity Lifestyle Properties has set its FY 2025 guidance at 3.010-3.110 EPS. Q3 2025 guidance at 0.720-0.780 EPS. As a group, equities analysts predict that Equity Lifestyle Properties, Inc. will post 3.07 earnings per share for the current year.

Equity Lifestyle Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 10th. Investors of record on Friday, September 26th were issued a $0.515 dividend. The ex-dividend date was Friday, September 26th. This represents a $2.06 dividend on an annualized basis and a yield of 3.3%. Equity Lifestyle Properties’s dividend payout ratio is currently 106.74%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on ELS shares. Royal Bank Of Canada decreased their price target on shares of Equity Lifestyle Properties from $67.00 to $66.00 and set a “sector perform” rating on the stock in a research note on Wednesday, July 23rd. Truist Financial set a $68.00 target price on Equity Lifestyle Properties and gave the company a “buy” rating in a research report on Wednesday, July 30th. Wall Street Zen cut Equity Lifestyle Properties from a “hold” rating to a “sell” rating in a research report on Saturday, August 2nd. Wells Fargo & Company decreased their price objective on Equity Lifestyle Properties from $82.00 to $70.00 and set an “overweight” rating on the stock in a report on Thursday, July 24th. Finally, Compass Point raised shares of Equity Lifestyle Properties from a “neutral” rating to a “buy” rating and set a $72.00 target price for the company in a report on Tuesday, July 22nd. Eight analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Equity Lifestyle Properties presently has an average rating of “Moderate Buy” and an average target price of $71.05.

Equity Lifestyle Properties Company Profile

Equity LifeStyle Properties, Inc is a real estate investment trust, which engages in the ownership and operation of lifestyle-oriented properties consisting primarily of manufactured home, and recreational vehicle communities. It operates through the following segments: Property Operations and Home Sales and Rentals Operations.