Equity Lifestyle Properties, Inc. (ELS) Position Raised by Schroder Investment Management Group

Schroder Investment Management Group increased its holdings in Equity Lifestyle Properties, Inc. (NYSE:ELS) by 9.7% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,223,215 shares of the real estate investment trust’s stock after buying an additional 107,848 shares during the period. Schroder Investment Management Group owned 1.38% of Equity Lifestyle Properties worth $108,891,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. APG Asset Management US Inc. increased its stake in Equity Lifestyle Properties by 4.5% in the fourth quarter. APG Asset Management US Inc. now owns 1,076,000 shares of the real estate investment trust’s stock valued at $95,786,000 after acquiring an additional 46,500 shares during the last quarter. Prudential Financial Inc. increased its stake in Equity Lifestyle Properties by 7.0% in the third quarter. Prudential Financial Inc. now owns 614,491 shares of the real estate investment trust’s stock valued at $52,281,000 after acquiring an additional 40,018 shares during the last quarter. Janus Henderson Group PLC increased its stake in Equity Lifestyle Properties by 0.4% in the third quarter. Janus Henderson Group PLC now owns 2,019,167 shares of the real estate investment trust’s stock valued at $171,789,000 after acquiring an additional 8,183 shares during the last quarter. California Public Employees Retirement System increased its stake in Equity Lifestyle Properties by 7.1% in the third quarter. California Public Employees Retirement System now owns 195,382 shares of the real estate investment trust’s stock valued at $16,623,000 after acquiring an additional 12,882 shares during the last quarter. Finally, First Trust Advisors LP increased its stake in Equity Lifestyle Properties by 76.0% in the third quarter. First Trust Advisors LP now owns 149,345 shares of the real estate investment trust’s stock valued at $12,706,000 after acquiring an additional 64,488 shares during the last quarter. Institutional investors own 96.95% of the company’s stock.

In other news, insider Marguerite M. Nader sold 12,500 shares of the firm’s stock in a transaction dated Friday, December 22nd. The stock was sold at an average price of $88.30, for a total transaction of $1,103,750.00. Following the transaction, the insider now directly owns 97,868 shares of the company’s stock, valued at $8,641,744.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Paul Seavey sold 7,775 shares of the firm’s stock in a transaction dated Thursday, December 21st. The shares were sold at an average price of $87.98, for a total value of $684,044.50. Following the transaction, the chief financial officer now directly owns 48,502 shares in the company, valued at $4,267,205.96. The disclosure for this sale can be found here. Insiders have sold 21,475 shares of company stock worth $1,894,283 over the last ninety days. Insiders own 6.10% of the company’s stock.

A number of research firms recently commented on ELS. BMO Capital Markets set a $94.00 target price on Equity Lifestyle Properties and gave the company a “hold” rating in a research note on Monday, February 5th. Cantor Fitzgerald set a $85.00 target price on Equity Lifestyle Properties and gave the company a “hold” rating in a research note on Tuesday, January 30th. TheStreet cut Equity Lifestyle Properties from a “b-” rating to a “c+” rating in a research note on Tuesday, January 16th. Robert W. Baird set a $90.00 target price on Equity Lifestyle Properties and gave the company a “neutral” rating in a research note on Friday, January 5th. Finally, Zacks Investment Research cut Equity Lifestyle Properties from a “buy” rating to a “hold” rating in a research note on Wednesday, December 20th. Six analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $89.50.

Equity Lifestyle Properties, Inc. (NYSE ELS) opened at $85.50 on Friday. Equity Lifestyle Properties, Inc. has a 12 month low of $75.60 and a 12 month high of $91.94. The stock has a market capitalization of $7,558.09, a PE ratio of 39.40, a PEG ratio of 4.23 and a beta of 0.20. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.06 and a current ratio of 0.06.

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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.

Institutional Ownership by Quarter for Equity Lifestyle Properties (NYSE:ELS)

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