Equity Lifestyle Properties, Inc. $ELS Shares Sold by Campbell & CO Investment Adviser LLC

Campbell & CO Investment Adviser LLC decreased its position in shares of Equity Lifestyle Properties, Inc. (NYSE:ELS) by 21.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,024 shares of the real estate investment trust’s stock after selling 6,943 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in Equity Lifestyle Properties were worth $1,543,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ELS. Vanguard Group Inc. increased its position in shares of Equity Lifestyle Properties by 0.4% during the 1st quarter. Vanguard Group Inc. now owns 25,151,151 shares of the real estate investment trust’s stock valued at $1,677,582,000 after purchasing an additional 97,306 shares during the period. Victory Capital Management Inc. boosted its stake in Equity Lifestyle Properties by 15.1% during the first quarter. Victory Capital Management Inc. now owns 5,330,066 shares of the real estate investment trust’s stock valued at $355,515,000 after buying an additional 699,877 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Equity Lifestyle Properties by 12.7% during the first quarter. JPMorgan Chase & Co. now owns 4,209,452 shares of the real estate investment trust’s stock worth $280,771,000 after acquiring an additional 474,495 shares during the period. Dimensional Fund Advisors LP raised its position in Equity Lifestyle Properties by 1.0% in the first quarter. Dimensional Fund Advisors LP now owns 2,722,268 shares of the real estate investment trust’s stock worth $181,574,000 after acquiring an additional 26,775 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Equity Lifestyle Properties by 1.7% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 2,597,191 shares of the real estate investment trust’s stock valued at $173,233,000 after acquiring an additional 43,861 shares during the last quarter. 97.21% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently issued reports on ELS shares. Royal Bank Of Canada lowered their price objective on shares of 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. Barclays upgraded shares of Equity Lifestyle Properties from an “equal weight” rating to an “overweight” rating and decreased their price target for the stock from $70.00 to $67.00 in a research report on Tuesday, July 29th. Wall Street Zen raised Equity Lifestyle Properties from a “sell” rating to a “hold” rating in a report on Saturday, November 1st. Compass Point raised Equity Lifestyle Properties from a “neutral” rating to a “buy” rating and set a $72.00 price objective for the company in a research note on Tuesday, July 22nd. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Equity Lifestyle Properties in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, Equity Lifestyle Properties presently has an average rating of “Moderate Buy” and an average target price of $70.14.

Equity Lifestyle Properties Stock Performance

Shares of ELS stock opened at $63.06 on Wednesday. The company has a market capitalization of $12.22 billion, a price-to-earnings ratio of 31.69, a P/E/G ratio of 3.32 and a beta of 0.71. Equity Lifestyle Properties, Inc. has a 1-year low of $58.15 and a 1-year high of $73.67. The company has a current ratio of 0.05, a quick ratio of 0.04 and a debt-to-equity ratio of 0.27. The stock’s fifty day simple moving average is $61.34 and its 200-day simple moving average is $61.82.

Equity Lifestyle Properties (NYSE:ELS) last announced its quarterly earnings data on Wednesday, October 22nd. The real estate investment trust reported $0.75 EPS for the quarter, hitting analysts’ consensus estimates of $0.75. Equity Lifestyle Properties had a return on equity of 20.99% and a net margin of 24.97%.The firm had revenue of $393.31 million during the quarter, compared to analyst estimates of $389.39 million. During the same period last year, the company posted $0.72 EPS. The business’s quarterly revenue was up 1.5% compared to the same quarter last year. Equity Lifestyle Properties has set its FY 2025 guidance at 3.010-3.110 EPS. Q4 2025 guidance at 0.750-0.810 EPS. On average, sell-side analysts predict that Equity Lifestyle Properties, Inc. will post 3.07 earnings per share for the current fiscal year.

Equity Lifestyle Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 9th. Investors of record on Friday, December 26th will be issued a dividend of $0.515 per share. This represents a $2.06 annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Friday, December 26th. Equity Lifestyle Properties’s dividend payout ratio (DPR) is currently 103.52%.

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.