PGGM Investments Sells 704,657 Shares of Equity Lifestyle Properties, Inc. $ELS

Posted by Brian Himes on May 26th, 2026

PGGM Investments reduced its position in Equity Lifestyle Properties, Inc. (NYSE:ELS – Free Report) by 34.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,336,675 shares of the real estate investment trust’s stock after selling 704,657 shares during the period. PGGM Investments’ holdings in Equity Lifestyle Properties were worth $81,016,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Wiser Advisor Group LLC purchased a new stake in shares of Equity Lifestyle Properties in the third quarter worth about $25,000. GoalVest Advisory LLC purchased a new stake in shares of Equity Lifestyle Properties in the fourth quarter worth about $25,000. Caitong International Asset Management Co. Ltd lifted its position in shares of Equity Lifestyle Properties by 943.8% in the third quarter. Caitong International Asset Management Co. Ltd now owns 501 shares of the real estate investment trust’s stock worth $30,000 after buying an additional 453 shares in the last quarter. Clearstead Trust LLC lifted its position in shares of Equity Lifestyle Properties by 74.8% in the fourth quarter. Clearstead Trust LLC now owns 540 shares of the real estate investment trust’s stock worth $33,000 after buying an additional 231 shares in the last quarter. Finally, Fulcrum Asset Management LLP purchased a new stake in shares of Equity Lifestyle Properties in the third quarter worth about $34,000. 97.21% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

ELS has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft upgraded Equity Lifestyle Properties from a “hold” rating to a “buy” rating and set a $72.00 target price on the stock in a research report on Wednesday, April 15th. Zacks Research upgraded Equity Lifestyle Properties from a “strong sell” rating to a “hold” rating in a research report on Monday, February 23rd. Wall Street Zen upgraded Equity Lifestyle Properties from a “sell” rating to a “hold” rating in a research report on Saturday, April 11th. Truist Financial set a $67.00 target price on Equity Lifestyle Properties and gave the stock a “hold” rating in a research report on Tuesday, May 5th. Finally, Wells Fargo & Company reiterated an “equal weight” rating and issued a $70.00 target price (up from $68.00) on shares of Equity Lifestyle Properties in a research report on Friday, February 27th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Equity Lifestyle Properties has a consensus rating of “Moderate Buy” and an average price target of $69.27.

View Our Latest Research Report on Equity Lifestyle Properties

Insider Transactions at Equity Lifestyle Properties

In other Equity Lifestyle Properties news, Director David J. Contis sold 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $67.22, for a total transaction of $201,660.00. Following the sale, the director directly owned 14,890 shares in the company, valued at $1,000,905.80. This represents a 16.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. 0.80% of the stock is currently owned by company insiders.

Equity Lifestyle Properties Trading Up 0.1%

Shares of ELS stock opened at $63.60 on Tuesday. Equity Lifestyle Properties, Inc. has a 1 year low of $58.15 and a 1 year high of $69.00. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.04 and a quick ratio of 0.04. The stock’s 50 day simple moving average is $63.74 and its two-hundred day simple moving average is $63.57. The company has a market cap of $12.33 billion, a PE ratio of 31.80, a price-to-earnings-growth ratio of 3.87 and a beta of 0.69.

Equity Lifestyle Properties (NYSE:ELS – Get Free Report) last issued its quarterly earnings data on Wednesday, April 22nd. The real estate investment trust reported $0.56 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.28). Equity Lifestyle Properties had a net margin of 24.99% and a return on equity of 21.22%. The company had revenue of $397.62 million for the quarter, compared to analysts’ expectations of $395.71 million. During the same quarter last year, the company earned $0.57 earnings per share. The company’s revenue for the quarter was up 2.7% on a year-over-year basis. Research analysts predict that Equity Lifestyle Properties, Inc. will post 3.18 earnings per share for the current year.

Equity Lifestyle Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Friday, June 26th will be given a dividend of $0.5425 per share. The ex-dividend date is Friday, June 26th. This represents a $2.17 dividend on an annualized basis and a yield of 3.4%. Equity Lifestyle Properties’s dividend payout ratio is 108.50%.

Equity Lifestyle Properties Company Profile

(Free Report)

Equity Lifestyle Properties, Inc (NYSE: ELS) is a publicly traded real estate investment trust specializing in the acquisition, development, ownership and operation of manufactured home communities and recreational vehicle resorts. The company’s portfolio includes more than 450 properties across the United States and Canada, serving over 200,000 residents and visitors. ELS organizes its operations into two primary segments: manufactured housing communities, which provide long-term housing solutions, and upscale RV and seasonal resorts designed for leisure travelers and seasonal patrons.

In its manufactured home division, ELS offers home-site leases combined with community amenities such as landscaped common areas, clubhouses, swimming pools and organized resident events.