Equity Lifestyle Properties, Inc. (NYSE:ELS) Vice Chairman Howard Walker sold 1,200 shares of the firm’s stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $88.74, for a total transaction of $106,488.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Shares of Equity Lifestyle Properties, Inc. (NYSE:ELS) traded down $0.26 during midday trading on Wednesday, reaching $88.13. 334,861 shares of the company were exchanged, compared to its average volume of 401,700. Equity Lifestyle Properties, Inc. has a fifty-two week low of $71.01 and a fifty-two week high of $91.94. The company has a market capitalization of $7,819.23, a P/E ratio of 42.17, a PEG ratio of 4.40 and a beta of 0.30. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.06 and a quick ratio of 0.06.

Equity Lifestyle Properties (NYSE:ELS) last announced its earnings results on Monday, October 16th. The real estate investment trust reported $0.56 earnings per share for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.34). The firm had revenue of $241.63 million for the quarter, compared to the consensus estimate of $226.85 million. Equity Lifestyle Properties had a return on equity of 21.07% and a net margin of 22.52%. Equity Lifestyle Properties’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.83 EPS. analysts anticipate that Equity Lifestyle Properties, Inc. will post 3.58 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, January 12th. Shareholders of record on Friday, December 29th will be issued a $0.488 dividend. This represents a $1.95 dividend on an annualized basis and a yield of 2.21%. This is a boost from Equity Lifestyle Properties’s previous quarterly dividend of $0.49. The ex-dividend date of this dividend is Thursday, December 28th. Equity Lifestyle Properties’s dividend payout ratio (DPR) is presently 93.30%.

ELS has been the subject of several analyst reports. Zacks Investment Research raised shares of Equity Lifestyle Properties from a “hold” rating to a “buy” rating and set a $101.00 price target for the company in a research note on Tuesday, September 5th. Robert W. Baird downgraded shares of Equity Lifestyle Properties from an “outperform” rating to a “neutral” rating and set a $92.00 price target for the company. in a research note on Friday, September 8th. Cantor Fitzgerald reaffirmed a “hold” rating and set a $81.00 price target on shares of Equity Lifestyle Properties in a research note on Wednesday, September 13th. BMO Capital Markets initiated coverage on shares of Equity Lifestyle Properties in a research note on Monday, October 9th. They set a “market perform” rating and a $92.00 price target for the company. Finally, Citigroup raised their price target on shares of Equity Lifestyle Properties from $86.00 to $88.00 and gave the company a “neutral” rating in a research note on Thursday, October 19th. Six equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $89.67.

A number of large investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in Equity Lifestyle Properties by 2.7% in the second quarter. Vanguard Group Inc. now owns 12,836,756 shares of the real estate investment trust’s stock worth $1,108,326,000 after purchasing an additional 343,326 shares during the period. BlackRock Inc. grew its holdings in Equity Lifestyle Properties by 3.4% in the second quarter. BlackRock Inc. now owns 6,258,525 shares of the real estate investment trust’s stock worth $540,359,000 after purchasing an additional 207,679 shares during the period. Cohen & Steers Inc. grew its holdings in Equity Lifestyle Properties by 17.6% in the third quarter. Cohen & Steers Inc. now owns 4,830,757 shares of the real estate investment trust’s stock worth $411,001,000 after purchasing an additional 724,655 shares during the period. State Street Corp grew its holdings in shares of Equity Lifestyle Properties by 0.5% during the second quarter. State Street Corp now owns 2,545,930 shares of the real estate investment trust’s stock valued at $219,817,000 after buying an additional 13,279 shares during the last quarter. Finally, Daiwa Securities Group Inc. grew its holdings in shares of Equity Lifestyle Properties by 18.6% during the third quarter. Daiwa Securities Group Inc. now owns 2,205,958 shares of the real estate investment trust’s stock valued at $187,683,000 after buying an additional 345,194 shares during the last quarter. Institutional investors and hedge funds own 97.86% of the company’s stock.

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About Equity Lifestyle Properties

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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