Shares of Equity Lifestyle Properties, Inc. (NYSE:ELS) have received an average rating of “Hold” from the eight brokerages that are presently covering the stock, MarketBeat reports. Six equities research analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $89.25.
Several equities analysts have recently commented on the company. BMO Capital Markets set a $94.00 target price on Equity Lifestyle Properties and gave the company a “hold” rating in a research report on Monday, February 5th. Cantor Fitzgerald set a $85.00 target price on Equity Lifestyle Properties and gave the stock a “hold” rating in a research note on Tuesday, January 30th. Zacks Investment Research upgraded Equity Lifestyle Properties from a “hold” rating to a “buy” rating and set a $103.00 target price for the company in a research note on Tuesday, December 19th. TheStreet cut Equity Lifestyle Properties from a “b-” rating to a “c+” rating in a research note on Tuesday, January 16th. Finally, Robert W. Baird set a $90.00 target price on Equity Lifestyle Properties and gave the stock a “neutral” rating in a research note on Friday, January 5th.
In other news, CFO Paul Seavey sold 7,775 shares of the stock in a transaction on Thursday, December 21st. The stock was sold at an average price of $87.98, for a total value of $684,044.50. Following the completion of the transaction, the chief financial officer now directly owns 48,502 shares in the company, valued at approximately $4,267,205.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Vice Chairman Howard Walker sold 1,200 shares of the stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $88.74, for a total value of $106,488.00. The disclosure for this sale can be found here. Insiders sold a total of 21,475 shares of company stock valued at $1,894,283 over the last quarter. 6.10% of the stock is owned by corporate insiders.
Equity Lifestyle Properties (NYSE ELS) traded up $0.30 during trading on Tuesday, hitting $85.62. The stock had a trading volume of 251,898 shares, compared to its average volume of 414,391. Equity Lifestyle Properties has a 52 week low of $75.60 and a 52 week high of $91.94. The company has a quick ratio of 0.06, a current ratio of 0.06 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $7,391.55, a P/E ratio of 39.32, a price-to-earnings-growth ratio of 4.14 and a beta of 0.20.
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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