Campbell & CO Investment Adviser LLC Raises Stock Holdings in Equity Lifestyle Properties, Inc. $ELS

Key Points

• Campbell & CO Investment Adviser LLC increased its holdings in Equity Lifestyle Properties by 71.5% this quarter, acquiring an additional 13,327 shares, bringing its total ownership to 31,967 shares valued at approximately $2.13 million.
• Equity Lifestyle Properties recently reported a net margin of 24.13% and a quarterly revenue of $313.29 million, slightly below analyst expectations of $377.59 million.
• The company declared a quarterly dividend of $0.515 per share, which translates to an annualized yield of 3.4%, though it has a dividend payout ratio of 106.74%.

Campbell & CO Investment Adviser LLC grew its stake in Equity Lifestyle Properties, Inc. (NYSE:ELS - Free Report) by 71.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 31,967 shares of the real estate investment trust's stock after acquiring an additional 13,327 shares during the quarter. Campbell & CO Investment Adviser LLC's holdings in Equity Lifestyle Properties were worth $2,132,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. Beese Fulmer Investment Management Inc. boosted its holdings in Equity Lifestyle Properties by 2.6% in the first quarter. Beese Fulmer Investment Management Inc. now owns 7,995 shares of the real estate investment trust's stock worth $533,000 after acquiring an additional 200 shares in the last quarter. Xponance Inc. lifted its holdings in shares of Equity Lifestyle Properties by 0.7% during the first quarter. Xponance Inc. now owns 31,133 shares of the real estate investment trust's stock valued at $2,077,000 after purchasing an additional 203 shares in the last quarter. GF Fund Management CO. LTD. lifted its holdings in shares of Equity Lifestyle Properties by 6.8% during the first quarter. GF Fund Management CO. LTD. now owns 3,438 shares of the real estate investment trust's stock valued at $229,000 after purchasing an additional 218 shares in the last quarter. Qtron Investments LLC lifted its holdings in shares of Equity Lifestyle Properties by 4.5% during the first quarter. Qtron Investments LLC now owns 5,637 shares of the real estate investment trust's stock valued at $376,000 after purchasing an additional 242 shares in the last quarter. Finally, Townsquare Capital LLC lifted its holdings in shares of Equity Lifestyle Properties by 2.0% during the first quarter. Townsquare Capital LLC now owns 12,756 shares of the real estate investment trust's stock valued at $851,000 after purchasing an additional 251 shares in the last quarter. 97.21% of the stock is owned by institutional investors.

Equity Lifestyle Properties Stock Performance

ELS stock traded up $0.59 during trading on Friday, reaching $60.23. The stock had a trading volume of 1,428,142 shares, compared to its average volume of 1,648,925. Equity Lifestyle Properties, Inc. has a 52 week low of $58.15 and a 52 week high of $76.60. The stock's 50 day moving average is $61.01 and its two-hundred day moving average is $63.67. 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 firm has a market cap of $11.67 billion, a PE ratio of 31.21, a PEG ratio of 3.25 and a beta of 0.70.

Equity Lifestyle Properties (NYSE:ELS - Get Free Report) last posted its earnings results on Monday, July 21st. The real estate investment trust reported $0.69 earnings per share for the quarter, meeting analysts' consensus estimates of $0.69. Equity Lifestyle Properties had a return on equity of 21.12% and a net margin of 24.13%.The company had revenue of $313.29 million for the quarter, compared to the consensus estimate of $377.59 million. During the same quarter in the prior year, the company earned $0.66 earnings per share. Equity Lifestyle Properties's revenue was down .8% on a year-over-year basis. Equity Lifestyle Properties has set its FY 2025 guidance at 3.010-3.110 EPS. Q3 2025 guidance at 0.720-0.780 EPS. As a group, equities analysts anticipate that Equity Lifestyle Properties, Inc. will post 3.07 earnings per share for the current year.

Equity Lifestyle Properties Dividend Announcement

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 given a $0.515 dividend. The ex-dividend date is Friday, September 26th. This represents a $2.06 dividend on an annualized basis and a yield of 3.4%. Equity Lifestyle Properties's dividend payout ratio is presently 106.74%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on ELS. Wall Street Zen downgraded Equity Lifestyle Properties from a "hold" rating to a "sell" rating in a report on Saturday, August 2nd. Wells Fargo & Company lowered their price target on Equity Lifestyle Properties from $82.00 to $70.00 and set an "overweight" rating on the stock in a report on Thursday, July 24th. Royal Bank Of Canada lowered their price target on Equity Lifestyle Properties from $67.00 to $66.00 and set a "sector perform" rating on the stock in a report on Wednesday, July 23rd. Truist Financial set a $68.00 price target on Equity Lifestyle Properties and gave the company a "buy" rating in a report on Wednesday, July 30th. Finally, Morgan Stanley initiated coverage on Equity Lifestyle Properties in a report on Tuesday, July 15th. They set a "positive" rating and a $67.50 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $71.50.

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.