Equity Lifestyle Properties, Inc. $ELS Shares Purchased by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System lifted its position in Equity Lifestyle Properties, Inc. (NYSE:ELS) by 0.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 53,800 shares of the real estate investment trust’s stock after acquiring an additional 300 shares during the period. Louisiana State Employees Retirement System’s holdings in Equity Lifestyle Properties were worth $3,318,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the company. Brooklyn Investment Group boosted its stake in Equity Lifestyle Properties by 673.7% during the first quarter. Brooklyn Investment Group now owns 441 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 384 shares during the last quarter. National Pension Service boosted its stake in Equity Lifestyle Properties by 75.0% during the first quarter. National Pension Service now owns 644 shares of the real estate investment trust’s stock worth $43,000 after buying an additional 276 shares during the last quarter. SVB Wealth LLC acquired a new position in Equity Lifestyle Properties during the first quarter worth $61,000. Caitong International Asset Management Co. Ltd boosted its stake in Equity Lifestyle Properties by 31.9% during the first quarter. Caitong International Asset Management Co. Ltd now owns 1,426 shares of the real estate investment trust’s stock worth $95,000 after buying an additional 345 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its stake in Equity Lifestyle Properties by 78.7% during the first quarter. Farther Finance Advisors LLC now owns 1,442 shares of the real estate investment trust’s stock worth $96,000 after buying an additional 635 shares during the last quarter. 97.21% of the stock is owned by institutional investors and hedge funds.

Equity Lifestyle Properties Price Performance

ELS stock opened at $62.82 on Friday. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $12.17 billion, a PE ratio of 32.55, a P/E/G ratio of 3.40 and a beta of 0.71. Equity Lifestyle Properties, Inc. has a 12-month low of $58.15 and a 12-month high of $73.67. The business’s fifty day moving average price is $60.69 and its 200 day moving average price is $62.38.

Equity Lifestyle Properties (NYSE:ELS) last posted its quarterly earnings data on Monday, July 21st. The real estate investment trust reported $0.69 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.69. The firm had revenue of $313.29 million for the quarter, compared to the consensus estimate of $377.59 million. Equity Lifestyle Properties had a return on equity of 21.12% and a net margin of 24.13%.The company’s quarterly revenue was down .8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.66 EPS. Equity Lifestyle Properties has set its FY 2025 guidance at 3.010-3.110 EPS. Q3 2025 guidance at 0.720-0.780 EPS. On average, sell-side analysts anticipate that Equity Lifestyle Properties, Inc. will post 3.07 EPS for the current year.

Equity Lifestyle Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 10th. Shareholders of record on Friday, September 26th will be issued a dividend of $0.515 per share. The ex-dividend date is Friday, September 26th. This represents a $2.06 annualized dividend and a yield of 3.3%. Equity Lifestyle Properties’s dividend payout ratio is 106.74%.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Barclays raised Equity Lifestyle Properties from an “equal weight” rating to an “overweight” rating and lowered their price objective for the stock from $70.00 to $67.00 in a research note on Tuesday, July 29th. Wells Fargo & Company reduced their target price on Equity Lifestyle Properties from $82.00 to $70.00 and set an “overweight” rating on the stock in a research report on Thursday, July 24th. Wall Street Zen downgraded Equity Lifestyle Properties from a “hold” rating to a “sell” rating in a research report on Saturday, August 2nd. Weiss Ratings restated a “hold (c)” rating on shares of Equity Lifestyle Properties in a research report on Wednesday. Finally, Royal Bank Of Canada reduced their target price on Equity Lifestyle Properties from $67.00 to $66.00 and set a “sector perform” rating on the stock in a research report on Wednesday, July 23rd. Eight analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $71.05.

Equity Lifestyle Properties Profile

Equity LifeStyle Properties, Inc is a real estate investment trust, which engages in the ownership and operation of lifestyle-oriented properties consisting primarily of manufactured home, and recreational vehicle communities. It operates through the following segments: Property Operations and Home Sales and Rentals Operations.