Equity Lifestyle Properties, Inc. (NYSE:ELS) insider Marguerite M. Nader sold 12,500 shares of the firm’s stock in a transaction on Friday, December 22nd. The stock was sold at an average price of $88.30, for a total value of $1,103,750.00. Following the completion of the transaction, the insider now owns 97,868 shares in the company, valued at approximately $8,641,744.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Equity Lifestyle Properties, Inc. (NYSE ELS) opened at $88.90 on Thursday. Equity Lifestyle Properties, Inc. has a 12-month low of $69.62 and a 12-month high of $91.94. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.06 and a quick ratio of 0.06. The stock has a market capitalization of $7,754.23, a PE ratio of 42.54, a price-to-earnings-growth ratio of 4.74 and a beta of 0.30.

Equity Lifestyle Properties (NYSE:ELS) last released its earnings results on Monday, October 16th. The real estate investment trust reported $0.56 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.90 by ($0.34). Equity Lifestyle Properties had a net margin of 22.52% and a return on equity of 21.07%. The business had revenue of $241.63 million during the quarter, compared to the consensus estimate of $226.85 million. During the same quarter in the prior year, the firm earned $0.83 EPS. The business’s revenue was up 6.8% on a year-over-year basis. equities research analysts forecast that Equity Lifestyle Properties, Inc. will post 3.58 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 12th. Shareholders of record on Friday, December 29th will be given a $0.488 dividend. This represents a $1.95 dividend on an annualized basis and a yield of 2.20%. The ex-dividend date is Thursday, December 28th. This is a boost from Equity Lifestyle Properties’s previous quarterly dividend of $0.49. Equity Lifestyle Properties’s payout ratio is currently 93.30%.

Institutional investors have recently added to or reduced their stakes in the business. Parallel Advisors LLC boosted its stake in shares of Equity Lifestyle Properties by 3.8% during the second quarter. Parallel Advisors LLC now owns 2,244 shares of the real estate investment trust’s stock valued at $196,000 after purchasing an additional 82 shares in the last quarter. Laurion Capital Management LP boosted its stake in shares of Equity Lifestyle Properties by 3.2% during the second quarter. Laurion Capital Management LP now owns 3,200 shares of the real estate investment trust’s stock valued at $276,000 after purchasing an additional 100 shares in the last quarter. Advisor Group Inc. boosted its stake in shares of Equity Lifestyle Properties by 9.2% during the second quarter. Advisor Group Inc. now owns 1,489 shares of the real estate investment trust’s stock valued at $128,000 after purchasing an additional 125 shares in the last quarter. The Manufacturers Life Insurance Company boosted its stake in shares of Equity Lifestyle Properties by 7.4% during the second quarter. The Manufacturers Life Insurance Company now owns 2,577 shares of the real estate investment trust’s stock valued at $222,000 after purchasing an additional 178 shares in the last quarter. Finally, Thrivent Financial For Lutherans boosted its stake in shares of Equity Lifestyle Properties by 0.4% during the second quarter. Thrivent Financial For Lutherans now owns 68,418 shares of the real estate investment trust’s stock valued at $5,907,000 after purchasing an additional 280 shares in the last quarter. Hedge funds and other institutional investors own 97.86% of the company’s stock.

A number of brokerages recently commented on ELS. Cantor Fitzgerald restated a “hold” rating and issued a $81.00 price target on shares of Equity Lifestyle Properties in a research report on Monday, October 16th. BMO Capital Markets restated a “hold” rating and issued a $94.00 price target on shares of Equity Lifestyle Properties in a research report on Monday, November 27th. Zacks Investment Research upgraded Equity Lifestyle Properties from a “hold” rating to a “buy” rating and set a $97.00 price target on the stock in a research report on Thursday, September 14th. Evercore ISI upgraded Equity Lifestyle Properties from an “underperform” rating to an “in-line” rating in a research report on Monday, December 4th. Finally, Robert W. Baird reiterated a “hold” rating and issued a $95.00 target price on shares of Equity Lifestyle Properties in a research report on Monday, December 11th. Six equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Equity Lifestyle Properties has an average rating of “Hold” and a consensus target price of $89.67.

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About Equity Lifestyle Properties

Equity LifeStyle Properties, Inc is a real estate investment trust (REIT). The Company is an owner and operator of lifestyle-oriented properties (properties) consisting primarily of manufactured home (MH) communities and recreational vehicle (RV) resorts and campgrounds. The Company operates through two segments: Property Operations and Home Sales and Rentals Operations.

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