Shares of Equity Lifestyle Properties, Inc. (NYSE:ELS) have been assigned a consensus rating of “Hold” from the six ratings firms that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $86.75.

Several analysts recently issued reports on the company. Zacks Investment Research lowered Equity Lifestyle Properties from a “buy” rating to a “hold” rating in a report on Wednesday. BidaskClub upgraded Equity Lifestyle Properties from a “hold” rating to a “buy” rating in a report on Tuesday, August 22nd. Finally, Robert W. Baird lowered Equity Lifestyle Properties from an “outperform” rating to a “neutral” rating and set a $92.00 target price on the stock. in a report on Friday, September 8th.

Equity Lifestyle Properties (NYSE:ELS) opened at 88.17 on Friday. The firm has a market capitalization of $7.67 billion, a PE ratio of 43.76 and a beta of 0.32. The stock has a 50 day moving average price of $87.88 and a 200-day moving average price of $83.78. Equity Lifestyle Properties has a 12-month low of $65.87 and a 12-month high of $90.80.

Equity Lifestyle Properties (NYSE:ELS) last released its quarterly earnings data on Monday, July 17th. The real estate investment trust reported $0.81 earnings per share for the quarter, hitting the consensus estimate of $0.81. The business had revenue of $221.30 million during the quarter, compared to analyst estimates of $209.80 million. Equity Lifestyle Properties had a return on equity of 20.64% and a net margin of 22.00%. The company’s revenue was up 5.3% compared to the same quarter last year. During the same period last year, the company posted $0.75 EPS. On average, equities research analysts forecast that Equity Lifestyle Properties will post $2.14 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, October 13th. Stockholders of record on Friday, September 29th will be paid a $0.4875 dividend. This represents a $1.95 dividend on an annualized basis and a dividend yield of 2.21%. The ex-dividend date of this dividend is Thursday, September 28th. Equity Lifestyle Properties’s dividend payout ratio (DPR) is currently 97.02%.

In other news, Chairman Samuel Zell bought 805,333 shares of the business’s stock in a transaction dated Friday, July 21st. The stock was bought at an average price of $87.43 per share, for a total transaction of $70,410,264.19. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 6.10% of the company’s stock.

Several large investors have recently bought and sold shares of the company. Profund Advisors LLC raised its stake in shares of Equity Lifestyle Properties by 0.3% in the first quarter. Profund Advisors LLC now owns 3,199 shares of the real estate investment trust’s stock valued at $247,000 after acquiring an additional 8 shares during the last quarter. Parallel Advisors LLC raised its stake in shares of Equity Lifestyle Properties by 3.8% in the second quarter. Parallel Advisors LLC now owns 2,244 shares of the real estate investment trust’s stock valued at $196,000 after acquiring an additional 82 shares during the last quarter. Laurion Capital Management LP raised its stake in shares of Equity Lifestyle Properties by 3.2% in the second quarter. Laurion Capital Management LP now owns 3,200 shares of the real estate investment trust’s stock valued at $276,000 after acquiring an additional 100 shares during the last quarter. 1st Global Advisors Inc. raised its stake in shares of Equity Lifestyle Properties by 4.0% in the first quarter. 1st Global Advisors Inc. now owns 3,217 shares of the real estate investment trust’s stock valued at $248,000 after acquiring an additional 125 shares during the last quarter. Finally, Advisor Group Inc. raised its stake in shares of Equity Lifestyle Properties by 9.2% in the second quarter. Advisor Group Inc. now owns 1,489 shares of the real estate investment trust’s stock valued at $128,000 after acquiring an additional 125 shares during the last quarter. Institutional investors own 95.67% of the company’s stock.

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Equity Lifestyle Properties Company 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.

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