Aristotle Capital Management LLC Sells 225,221 Shares of Equity Lifestyle Properties, Inc. $ELS

Aristotle Capital Management LLC cut its stake in shares of Equity Lifestyle Properties, Inc. (NYSE:ELS) by 2.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 8,618,627 shares of the real estate investment trust’s stock after selling 225,221 shares during the period. Aristotle Capital Management LLC’s holdings in Equity Lifestyle Properties were worth $537,979,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the stock. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of Equity Lifestyle Properties by 11.5% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 337,948 shares of the real estate investment trust’s stock valued at $20,206,000 after acquiring an additional 34,946 shares during the period. Thrivent Financial for Lutherans raised its holdings in shares of Equity Lifestyle Properties by 1,104.7% in the 4th quarter. Thrivent Financial for Lutherans now owns 673,072 shares of the real estate investment trust’s stock valued at $40,794,000 after purchasing an additional 617,202 shares during the period. Legal & General Group Plc lifted its stake in Equity Lifestyle Properties by 13.4% in the 4th quarter. Legal & General Group Plc now owns 1,365,902 shares of the real estate investment trust’s stock valued at $82,787,000 after purchasing an additional 161,210 shares during the last quarter. Exchange Traded Concepts LLC lifted its stake in Equity Lifestyle Properties by 38.3% in the 4th quarter. Exchange Traded Concepts LLC now owns 102,006 shares of the real estate investment trust’s stock valued at $6,183,000 after purchasing an additional 28,254 shares during the last quarter. Finally, Strs Ohio grew its holdings in Equity Lifestyle Properties by 27.2% during the first quarter. Strs Ohio now owns 348,995 shares of the real estate investment trust’s stock worth $21,784,000 after purchasing an additional 74,693 shares during the period. 97.21% of the stock is currently owned by institutional investors.

Equity Lifestyle Properties Stock Performance

ELS opened at $66.16 on Friday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.04 and a current ratio of 0.02. Equity Lifestyle Properties, Inc. has a 52-week low of $58.15 and a 52-week high of $69.00. The firm has a market cap of $12.83 billion, a P/E ratio of 31.81, a price-to-earnings-growth ratio of 4.02 and a beta of 0.66. The business’s fifty day moving average is $63.69 and its 200-day moving average is $64.18.

Equity Lifestyle Properties (NYSE:ELS) last posted its quarterly earnings results on Wednesday, July 22nd. The real estate investment trust reported $0.50 EPS for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.22). Equity Lifestyle Properties had a net margin of 25.92% and a return on equity of 22.31%. The company had revenue of $397.81 million during the quarter, compared to analyst estimates of $383.66 million. During the same period last year, the firm earned $0.69 EPS. The firm’s revenue for the quarter was up 5.5% compared to the same quarter last year. Equity Lifestyle Properties has set its FY 2026 guidance at 3.130-3.230 EPS and its Q3 2026 guidance at 0.760-0.820 EPS. Sell-side analysts expect that Equity Lifestyle Properties, Inc. will post 3.18 EPS for the current fiscal year.

Equity Lifestyle Properties Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Friday, June 26th were given a $0.5425 dividend. The ex-dividend date was Friday, June 26th. This represents a $2.17 annualized dividend and a dividend yield of 3.3%. Equity Lifestyle Properties’s payout ratio is presently 104.33%.

Wall Street Analysts Forecast Growth

ELS has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft upgraded Equity Lifestyle Properties from a “hold” rating to a “buy” rating and set a $72.00 price objective on the stock in a research note on Wednesday, April 15th. Barclays reiterated an “equal weight” rating and set a $68.00 target price on shares of Equity Lifestyle Properties in a research note on Tuesday, July 14th. Odeon Capital Group set a $65.00 price target on Equity Lifestyle Properties in a research note on Thursday, July 9th. Mizuho initiated coverage on Equity Lifestyle Properties in a report on Tuesday, March 31st. They set an “outperform” rating and a $72.00 price target for the company. Finally, Wall Street Zen raised Equity Lifestyle Properties from a “sell” rating to a “hold” rating in a report on Saturday, April 11th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Equity Lifestyle Properties presently has an average rating of “Hold” and an average target price of $68.70.

Equity Lifestyle Properties 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.