Universal Beteiligungs und Servicegesellschaft mbH Invests $13.18 Million in Equity Lifestyle Properties, Inc. (NYSE:ELS)

Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Equity Lifestyle Properties, Inc. (NYSE:ELS - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 197,609 shares of the real estate investment trust's stock, valued at approximately $13,181,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.10% of Equity Lifestyle Properties at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Principal Financial Group Inc. boosted its stake in shares of Equity Lifestyle Properties by 4.6% in the 1st quarter. Principal Financial Group Inc. now owns 6,349,010 shares of the real estate investment trust's stock worth $423,479,000 after buying an additional 278,193 shares during the last quarter. QRG Capital Management Inc. boosted its stake in shares of Equity Lifestyle Properties by 11.1% in the 1st quarter. QRG Capital Management Inc. now owns 11,602 shares of the real estate investment trust's stock worth $774,000 after buying an additional 1,162 shares during the last quarter. Farther Finance Advisors LLC boosted 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 worth $96,000 after buying an additional 635 shares during the last quarter. Dupont Capital Management Corp boosted its stake in shares of Equity Lifestyle Properties by 33.8% in the 1st quarter. Dupont Capital Management Corp now owns 145,004 shares of the real estate investment trust's stock worth $9,672,000 after buying an additional 36,655 shares during the last quarter. Finally, KBC Group NV boosted its stake in shares of Equity Lifestyle Properties by 3.2% in the 1st quarter. KBC Group NV now owns 145,262 shares of the real estate investment trust's stock worth $9,689,000 after buying an additional 4,450 shares during the last quarter. Institutional investors own 97.21% of the company's stock.

Insider Activity at Equity Lifestyle Properties

In other news, CFO Paul Seavey sold 10,000 shares of the business's stock in a transaction dated Wednesday, May 7th. The stock was sold at an average price of $64.72, for a total value of $647,200.00. Following the transaction, the chief financial officer directly owned 78,162 shares in the company, valued at $5,058,644.64. The trade was a 11.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.40% of the stock is owned by insiders.

Equity Lifestyle Properties Price Performance

Shares of Equity Lifestyle Properties stock traded down $0.52 during trading hours on Monday, hitting $59.12. The company's stock had a trading volume of 277,655 shares, compared to its average volume of 1,480,368. The business has a 50 day moving average price of $62.50 and a two-hundred day moving average price of $64.66. Equity Lifestyle Properties, Inc. has a 12-month low of $58.86 and a 12-month high of $76.60. The company has a market cap of $11.30 billion, a PE ratio of 30.64, a PEG ratio of 3.22 and a beta of 0.72. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.03 and a current ratio of 0.04.

Equity Lifestyle Properties (NYSE:ELS - Get Free Report) last announced its quarterly earnings data on Monday, July 21st. The real estate investment trust reported $0.69 EPS for the quarter, meeting the consensus estimate of $0.69. Equity Lifestyle Properties had a return on equity of 21.12% and a net margin of 24.13%. The business had revenue of $313.29 million for the quarter, compared to the consensus estimate of $377.59 million. During the same period in the previous year, the business earned $0.66 earnings per share. The business's revenue was down .8% on a year-over-year basis. Analysts expect 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 disclosed a quarterly dividend, which was paid on Friday, July 11th. Stockholders of record on Friday, June 27th were given a $0.515 dividend. The ex-dividend date was Friday, June 27th. This represents a $2.06 annualized dividend and a dividend yield of 3.48%. Equity Lifestyle Properties's payout ratio is 106.74%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Jefferies Financial Group assumed coverage on Equity Lifestyle Properties in a research note on Tuesday, April 8th. They issued a "buy" rating and a $80.00 price target on the stock. Royal Bank Of Canada dropped their price target on Equity Lifestyle Properties from $67.00 to $66.00 and set a "sector perform" rating on the stock in a research note on Wednesday, July 23rd. Wells Fargo & Company dropped their price target on Equity Lifestyle Properties from $82.00 to $70.00 and set an "overweight" rating on the stock in a research note on Thursday. Barclays assumed coverage on Equity Lifestyle Properties in a research report on Thursday, May 29th. They set an "equal weight" rating and a $70.00 target price on the stock. Finally, BMO Capital Markets reduced their price target on Equity Lifestyle Properties from $78.00 to $77.00 and set an "outperform" rating for the company in a research report on Tuesday, April 22nd. Three analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Equity Lifestyle Properties currently has a consensus rating of "Moderate Buy" and a consensus price target of $72.05.

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.