First Trust Advisors LP Has $40.11 Million Stock Position in Equity Lifestyle Properties, Inc. $ELS

First Trust Advisors LP raised its position in Equity Lifestyle Properties, Inc. (NYSE:ELS) by 4.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 642,638 shares of the real estate investment trust’s stock after purchasing an additional 26,610 shares during the quarter. First Trust Advisors LP’s holdings in Equity Lifestyle Properties were worth $40,113,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in Equity Lifestyle Properties by 11.5% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 337,948 shares of the real estate investment trust’s stock worth $20,206,000 after buying an additional 34,946 shares during the last quarter. Thrivent Financial for Lutherans lifted its stake in Equity Lifestyle Properties by 1,104.7% in the fourth quarter. Thrivent Financial for Lutherans now owns 673,072 shares of the real estate investment trust’s stock valued at $40,794,000 after acquiring an additional 617,202 shares during the last quarter. Legal & General Group Plc lifted its stake in Equity Lifestyle Properties by 13.4% in the fourth quarter. Legal & General Group Plc now owns 1,365,902 shares of the real estate investment trust’s stock valued at $82,787,000 after acquiring an additional 161,210 shares during the last quarter. Exchange Traded Concepts LLC grew its position in Equity Lifestyle Properties by 38.3% in the fourth quarter. Exchange Traded Concepts LLC now owns 102,006 shares of the real estate investment trust’s stock worth $6,183,000 after acquiring an additional 28,254 shares in the last quarter. Finally, Strs Ohio grew its position in Equity Lifestyle Properties by 27.2% in the first quarter. Strs Ohio now owns 348,995 shares of the real estate investment trust’s stock worth $21,784,000 after acquiring an additional 74,693 shares in the last quarter. 97.21% of the stock is owned by institutional investors and hedge funds.

Equity Lifestyle Properties Stock Down 1.4%

ELS stock opened at $65.11 on Tuesday. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.02 and a quick ratio of 0.04. Equity Lifestyle Properties, Inc. has a 52-week low of $58.15 and a 52-week high of $69.00. The company has a 50-day moving average of $63.75 and a two-hundred day moving average of $64.25. The stock has a market capitalization of $12.63 billion, a price-to-earnings ratio of 31.30, a price-to-earnings-growth ratio of 4.02 and a beta of 0.66.

Equity Lifestyle Properties (NYSE:ELS) last posted its quarterly earnings data on Wednesday, July 22nd. The real estate investment trust reported $0.50 EPS for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.22). The business had revenue of $397.81 million during the quarter, compared to the consensus estimate of $383.66 million. Equity Lifestyle Properties had a return on equity of 22.31% and a net margin of 25.92%.The company’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.69 earnings per share. Equity Lifestyle Properties has set its FY 2026 guidance at 3.130-3.230 EPS and its Q3 2026 guidance at 0.760-0.820 EPS. As a group, equities research analysts anticipate that Equity Lifestyle Properties, Inc. will post 3.18 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on ELS shares. Robert W. Baird raised their price target on shares of Equity Lifestyle Properties from $73.00 to $74.00 and gave the company an “outperform” rating in a report on Wednesday, April 22nd. Wells Fargo & Company decreased their price objective on shares of Equity Lifestyle Properties from $70.00 to $69.00 and set an “equal weight” rating for the company in a report on Monday, June 1st. Jefferies Financial Group raised shares of Equity Lifestyle Properties to a “strong-buy” rating in a research report on Wednesday, July 22nd. 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 report on Wednesday, April 15th. Finally, Wall Street Zen raised Equity Lifestyle Properties from a “sell” rating to a “hold” rating in a research report on Saturday, April 11th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Equity Lifestyle Properties currently has an average rating of “Hold” and an average price target of $68.70.

About Equity Lifestyle Properties

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.