Universal Beteiligungs und Servicegesellschaft mbH grew its position in Equity Lifestyle Properties, Inc. (NYSE:ELS – Free Report) by 34.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 606,170 shares of the real estate investment trust’s stock after purchasing an additional 154,522 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.31% of Equity Lifestyle Properties worth $36,900,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Private Advisor Group LLC grew its position in shares of Equity Lifestyle Properties by 3.7% in the third quarter. Private Advisor Group LLC now owns 4,948 shares of the real estate investment trust’s stock valued at $300,000 after purchasing an additional 178 shares during the last quarter. Crossmark Global Holdings Inc. boosted its stake in shares of Equity Lifestyle Properties by 1.6% in the third quarter. Crossmark Global Holdings Inc. now owns 14,229 shares of the real estate investment trust’s stock valued at $864,000 after buying an additional 220 shares during the period. M&G PLC boosted its stake in shares of Equity Lifestyle Properties by 8.2% in the third quarter. M&G PLC now owns 3,293 shares of the real estate investment trust’s stock valued at $201,000 after buying an additional 249 shares during the period. Wilmington Savings Fund Society FSB boosted its stake in shares of Equity Lifestyle Properties by 27.4% in the third quarter. Wilmington Savings Fund Society FSB now owns 1,250 shares of the real estate investment trust’s stock valued at $76,000 after buying an additional 269 shares during the period. Finally, Gabelli Funds LLC boosted its stake in shares of Equity Lifestyle Properties by 1.3% in the third quarter. Gabelli Funds LLC now owns 21,327 shares of the real estate investment trust’s stock valued at $1,295,000 after buying an additional 283 shares during the period. Institutional investors and hedge funds own 97.21% of the company’s stock.
Insider Activity at Equity Lifestyle Properties
In other news, Director David J. Contis sold 3,000 shares of the stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $67.22, for a total value of $201,660.00. Following the completion of the transaction, the director directly owned 14,890 shares in the company, valued at approximately $1,000,905.80. This represents a 16.77% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.80% of the company’s stock.
Wall Street Analysts Forecast Growth
View Our Latest Report on Equity Lifestyle Properties
Equity Lifestyle Properties Stock Up 1.0%
NYSE ELS opened at $63.43 on Friday. The business has a fifty day moving average price of $65.67 and a two-hundred day moving average price of $63.41. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.04 and a quick ratio of 0.04. Equity Lifestyle Properties, Inc. has a fifty-two week low of $58.15 and a fifty-two week high of $69.00. The stock has a market capitalization of $12.30 billion, a PE ratio of 31.72, a PEG ratio of 3.68 and a beta of 0.76.
Equity Lifestyle Properties (NYSE:ELS – Get Free Report) last released its earnings results on Tuesday, April 21st. The real estate investment trust reported $0.56 earnings per share for the quarter, missing the consensus estimate of $0.84 by ($0.28). Equity Lifestyle Properties had a return on equity of 21.22% and a net margin of 24.99%.The business had revenue of $397.62 million for the quarter, compared to the consensus estimate of $395.71 million. During the same quarter in the previous year, the company earned $0.57 earnings per share. The firm’s revenue for the quarter was up 2.7% on a year-over-year basis. Equity Lifestyle Properties has set its FY 2026 guidance at 3.120-3.220 EPS and its Q2 2026 guidance at 0.690-0.750 EPS. Equities analysts expect that Equity Lifestyle Properties, Inc. will post 3.18 earnings per share for the current fiscal year.
Equity Lifestyle Properties Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, April 10th. Stockholders of record on Friday, March 27th were paid a $0.5425 dividend. This represents a $2.17 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date was Friday, March 27th. This is a positive change from Equity Lifestyle Properties’s previous quarterly dividend of $0.52. Equity Lifestyle Properties’s dividend payout ratio is currently 108.50%.
Equity Lifestyle Properties Company Profile
Equity Lifestyle Properties, Inc (NYSE: ELS) is a publicly traded real estate investment trust specializing in the acquisition, development, ownership and operation of manufactured home communities and recreational vehicle resorts. The company’s portfolio includes more than 450 properties across the United States and Canada, serving over 200,000 residents and visitors. ELS organizes its operations into two primary segments: manufactured housing communities, which provide long-term housing solutions, and upscale RV and seasonal resorts designed for leisure travelers and seasonal patrons.
In its manufactured home division, ELS offers home-site leases combined with community amenities such as landscaped common areas, clubhouses, swimming pools and organized resident events.
Further Reading
Receive News & Ratings for Equity Lifestyle Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equity Lifestyle Properties and related companies with MarketBeat.com's FREE daily email newsletter.
