Equity Lifestyle Properties, Inc. (ELS) Shares Sold by Macquarie Group Ltd.

Macquarie Group Ltd. cut its position in Equity Lifestyle Properties, Inc. (NYSE:ELS) by 12.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 311,728 shares of the real estate investment trust’s stock after selling 44,322 shares during the quarter. Macquarie Group Ltd. owned approximately 0.36% of Equity Lifestyle Properties worth $26,915,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in Equity Lifestyle Properties by 2.7% in the 2nd 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 last quarter. BlackRock Inc. boosted its position in shares of Equity Lifestyle Properties by 3.4% during the 2nd quarter. BlackRock Inc. now owns 6,258,525 shares of the real estate investment trust’s stock valued at $540,359,000 after acquiring an additional 207,679 shares in the last quarter. State Street Corp boosted its position in shares of Equity Lifestyle Properties by 0.7% during the 1st quarter. State Street Corp now owns 2,532,651 shares of the real estate investment trust’s stock valued at $195,168,000 after acquiring an additional 17,329 shares in the last quarter. Daiwa Securities Group Inc. boosted its position in shares of Equity Lifestyle Properties by 2.7% during the 2nd quarter. Daiwa Securities Group Inc. now owns 1,860,764 shares of the real estate investment trust’s stock valued at $160,658,000 after acquiring an additional 48,991 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its position in shares of Equity Lifestyle Properties by 21.6% during the 2nd quarter. Renaissance Technologies LLC now owns 1,684,500 shares of the real estate investment trust’s stock valued at $145,440,000 after acquiring an additional 299,300 shares in the last quarter. Institutional investors and hedge funds own 95.74% of the company’s stock.

In other news, Chairman Samuel Zell purchased 805,333 shares of the stock in a transaction on Friday, July 21st. The stock was purchased at an average price of $87.43 per share, for a total transaction of $70,410,264.19. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 6.10% of the stock is currently owned by company insiders.

Several equities analysts recently issued reports on ELS shares. Cantor Fitzgerald reissued a “hold” rating and set a $81.00 price target on shares of Equity Lifestyle Properties in a report on Wednesday, September 13th. Zacks Investment Research raised shares of Equity Lifestyle Properties from a “hold” rating to a “buy” rating and set a $99.00 target price for the company in a research note on Tuesday, August 29th. BMO Capital Markets started coverage on shares of Equity Lifestyle Properties in a research note on Monday. They issued a “market perform” rating and a $92.00 target price for the company. Finally, BidaskClub raised shares of Equity Lifestyle Properties from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, June 21st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $87.60.

Equity Lifestyle Properties, Inc. (ELS) opened at 87.57 on Wednesday. The company’s 50-day moving average is $87.51 and its 200-day moving average is $84.89. The firm has a market cap of $7.62 billion, a PE ratio of 43.46 and a beta of 0.32. Equity Lifestyle Properties, Inc. has a one year low of $65.87 and a one year high of $90.80.

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

The company also recently declared a quarterly dividend, which will be paid on Friday, October 13th. Shareholders of record on Friday, September 29th will be issued a dividend of $0.4875 per share. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $1.95 annualized dividend and a yield of 2.23%. Equity Lifestyle Properties’s payout ratio is 97.02%.

ILLEGAL ACTIVITY WARNING: “Equity Lifestyle Properties, Inc. (ELS) Shares Sold by Macquarie Group Ltd.&

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in Equity Lifestyle Properties by 2.7% in the 2nd 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 last quarter. BlackRock Inc. boosted its position in shares of Equity Lifestyle Properties by 3.4% during the 2nd quarter. BlackRock Inc. now owns 6,258,525 shares of the real estate investment trust’s stock valued at $540,359,000 after acquiring an additional 207,679 shares in the last quarter. State Street Corp boosted its position in shares of Equity Lifestyle Properties by 0.7% during the 1st quarter. State Street Corp now owns 2,532,651 shares of the real estate investment trust’s stock valued at $195,168,000 after acquiring an additional 17,329 shares in the last quarter. Daiwa Securities Group Inc. boosted its position in shares of Equity Lifestyle Properties by 2.7% during the 2nd quarter. Daiwa Securities Group Inc. now owns 1,860,764 shares of the real estate investment trust’s stock valued at $160,658,000 after acquiring an additional 48,991 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its position in shares of Equity Lifestyle Properties by 21.6% during the 2nd quarter. Renaissance Technologies LLC now owns 1,684,500 shares of the real estate investment trust’s stock valued at $145,440,000 after acquiring an additional 299,300 shares in the last quarter. Institutional investors and hedge funds own 95.74% of the company’s stock.

In other news, Chairman Samuel Zell purchased 805,333 shares of the stock in a transaction on Friday, July 21st. The stock was purchased at an average price of $87.43 per share, for a total transaction of $70,410,264.19. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 6.10% of the stock is currently owned by company insiders.

Several equities analysts recently issued reports on ELS shares. Cantor Fitzgerald reissued a “hold” rating and set a $81.00 price target on shares of Equity Lifestyle Properties in a report on Wednesday, September 13th. Zacks Investment Research raised shares of Equity Lifestyle Properties from a “hold” rating to a “buy” rating and set a $99.00 target price for the company in a research note on Tuesday, August 29th. BMO Capital Markets started coverage on shares of Equity Lifestyle Properties in a research note on Monday. They issued a “market perform” rating and a $92.00 target price for the company. Finally, BidaskClub raised shares of Equity Lifestyle Properties from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, June 21st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $87.60.

Equity Lifestyle Properties, Inc. (ELS) opened at 87.57 on Wednesday. The company’s 50-day moving average is $87.51 and its 200-day moving average is $84.89. The firm has a market cap of $7.62 billion, a PE ratio of 43.46 and a beta of 0.32. Equity Lifestyle Properties, Inc. has a one year low of $65.87 and a one year high of $90.80.

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

The company also recently declared a quarterly dividend, which will be paid on Friday, October 13th. Shareholders of record on Friday, September 29th will be issued a dividend of $0.4875 per share. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $1.95 annualized dividend and a yield of 2.23%. Equity Lifestyle Properties’s payout ratio is 97.02%.

ILLEGAL ACTIVITY WARNING: “Equity Lifestyle Properties, Inc. (ELS) Shares Sold by Macquarie Group Ltd.” was posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this article on another domain, it was illegally copied and republished in violation of U.S. & international copyright laws. The legal version of this article can be accessed at https://ledgergazette.com/2017/10/11/equity-lifestyle-properties-inc-els-shares-sold-by-macquarie-group-ltd.html.

Equity Lifestyle Properties 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.

Want to see what other hedge funds are holding ELS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Equity Lifestyle Properties, Inc. (NYSE:ELS).

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

Receive News & Ratings for Equity Lifestyle Properties Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equity Lifestyle Properties Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply