Robeco Institutional Asset Management B.V. Acquires 8,903 Shares of Equity Lifestyle Properties, Inc. $ELS

Robeco Institutional Asset Management B.V. boosted its holdings in Equity Lifestyle Properties, Inc. (NYSE:ELS - Free Report) by 4.9% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 191,055 shares of the real estate investment trust's stock after purchasing an additional 8,903 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.10% of Equity Lifestyle Properties worth $11,782,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of ELS. Wealth Enhancement Advisory Services LLC increased its stake in shares of Equity Lifestyle Properties by 6.2% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 13,874 shares of the real estate investment trust's stock valued at $924,000 after acquiring an additional 816 shares in the last quarter. GAMMA Investing LLC increased its stake in Equity Lifestyle Properties by 6,967.3% in the first quarter. GAMMA Investing LLC now owns 124,596 shares of the real estate investment trust's stock valued at $8,311,000 after purchasing an additional 122,833 shares in the last quarter. UMB Bank n.a. raised its holdings in shares of Equity Lifestyle Properties by 137.5% during the first quarter. UMB Bank n.a. now owns 2,133 shares of the real estate investment trust's stock valued at $142,000 after purchasing an additional 1,235 shares during the period. Vert Asset Management LLC boosted its position in shares of Equity Lifestyle Properties by 6.6% during the 1st quarter. Vert Asset Management LLC now owns 84,780 shares of the real estate investment trust's stock worth $5,655,000 after purchasing an additional 5,264 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its stake in shares of Equity Lifestyle Properties by 78.7% in the 1st quarter. Farther Finance Advisors LLC now owns 1,442 shares of the real estate investment trust's stock valued at $96,000 after buying an additional 635 shares during the period. 97.21% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Royal Bank Of Canada cut 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. Compass Point upgraded Equity Lifestyle Properties from a "neutral" rating to a "buy" rating and set a $72.00 target price on the stock in a report on Tuesday, July 22nd. Weiss Ratings restated a "hold (c)" rating on shares of Equity Lifestyle Properties in a research note on Saturday, September 27th. Truist Financial set a $68.00 price objective on shares of Equity Lifestyle Properties and gave the stock a "buy" rating in a report on Wednesday, July 30th. Finally, Barclays upgraded shares of Equity Lifestyle Properties from an "equal weight" rating to an "overweight" rating and reduced their price objective for the company from $70.00 to $67.00 in a report on Tuesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $71.05.

Equity Lifestyle Properties Price Performance

ELS opened at $61.93 on Monday. Equity Lifestyle Properties, Inc. has a 1 year low of $58.15 and a 1 year high of $73.67. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.04 and a quick ratio of 0.04. The company has a market capitalization of $12.00 billion, a price-to-earnings ratio of 32.09, a P/E/G ratio of 3.34 and a beta of 0.71. The firm's fifty day moving average price is $60.45 and its two-hundred day moving average price is $62.46.

Equity Lifestyle Properties (NYSE:ELS - Get Free Report) last released its quarterly 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 net margin of 24.13% and a return on equity of 21.12%. The company had revenue of $313.29 million for the quarter, compared to analyst estimates of $377.59 million. During the same period last year, the firm earned $0.66 earnings per share. The firm'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, analysts anticipate that Equity Lifestyle Properties, Inc. will post 3.07 earnings per share for the current fiscal year.

Equity Lifestyle Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 10th. Stockholders of record on Friday, September 26th will be issued a $0.515 dividend. The ex-dividend date of this dividend is Friday, September 26th. This represents a $2.06 annualized dividend and a dividend yield of 3.3%. Equity Lifestyle Properties's dividend payout ratio is currently 106.74%.

Equity Lifestyle Properties Company 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.

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 - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.