Rothschild & Co. Asset Management US Inc. Acquires 701 Shares of Equity Lifestyle Properties, Inc. (ELS)

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Rothschild & Co. Asset Management US Inc. raised its holdings in Equity Lifestyle Properties, Inc. (NYSE:ELS) by 0.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 627,614 shares of the real estate investment trust’s stock after purchasing an additional 701 shares during the quarter. Equity Lifestyle Properties comprises approximately 0.7% of Rothschild & Co. Asset Management US Inc.’s holdings, making the stock its 20th biggest holding. Rothschild & Co. Asset Management US Inc.’s holdings in Equity Lifestyle Properties were worth $60,961,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of ELS. Advisors Asset Management Inc. boosted its position in shares of Equity Lifestyle Properties by 17.7% during the second quarter. Advisors Asset Management Inc. now owns 11,285 shares of the real estate investment trust’s stock worth $1,037,000 after buying an additional 1,698 shares during the period. United Services Automobile Association boosted its position in shares of Equity Lifestyle Properties by 10.2% during the second quarter. United Services Automobile Association now owns 15,873 shares of the real estate investment trust’s stock worth $1,459,000 after buying an additional 1,463 shares during the period. Lourd Capital LLC acquired a new position in shares of Equity Lifestyle Properties during the third quarter worth approximately $208,000. First Hawaiian Bank acquired a new position in shares of Equity Lifestyle Properties during the third quarter worth approximately $113,000. Finally, Aperio Group LLC boosted its position in shares of Equity Lifestyle Properties by 4.8% during the third quarter. Aperio Group LLC now owns 28,002 shares of the real estate investment trust’s stock worth $2,701,000 after buying an additional 1,289 shares during the period. 94.94% of the stock is owned by hedge funds and other institutional investors.

ELS has been the subject of several analyst reports. BMO Capital Markets boosted their price objective on Equity Lifestyle Properties from $96.00 to $99.00 and gave the stock a “market perform” rating in a research report on Tuesday, October 23rd. Citigroup set a $98.00 price objective on Equity Lifestyle Properties and gave the stock a “hold” rating in a research report on Thursday, October 25th. Robert W. Baird boosted their price objective on Equity Lifestyle Properties from $92.00 to $94.00 and gave the stock a “neutral” rating in a research report on Thursday, October 25th. Finally, Zacks Investment Research upgraded Equity Lifestyle Properties from a “hold” rating to a “buy” rating and set a $109.00 price objective for the company in a research report on Wednesday, November 21st. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $102.42.

ELS opened at $109.80 on Tuesday. The company has a market capitalization of $9.91 billion, a price-to-earnings ratio of 28.37, a PEG ratio of 4.82 and a beta of 0.34. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.07 and a quick ratio of 0.07. Equity Lifestyle Properties, Inc. has a 1-year low of $79.78 and a 1-year high of $111.39.

Equity Lifestyle Properties (NYSE:ELS) last released its earnings results on Monday, January 28th. The real estate investment trust reported $0.56 earnings per share for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.41). The firm had revenue of $243.50 million during the quarter, compared to analyst estimates of $232.05 million. Equity Lifestyle Properties had a return on equity of 19.73% and a net margin of 22.62%. The business’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same quarter last year, the company earned $0.84 earnings per share. On average, analysts predict that Equity Lifestyle Properties, Inc. will post 4.18 EPS for the current fiscal year.

In other Equity Lifestyle Properties news, EVP Roger Maynard sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, November 19th. The stock was sold at an average price of $96.71, for a total value of $967,100.00. Following the completion of the sale, the executive vice president now directly owns 146,389 shares in the company, valued at $14,157,280.19. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director David J. Contis sold 6,581 shares of the company’s stock in a transaction that occurred on Monday, February 4th. The stock was sold at an average price of $105.53, for a total value of $694,492.93. Following the completion of the sale, the director now owns 1,378 shares of the company’s stock, valued at $145,420.34. The disclosure for this sale can be found here. Corporate insiders own 5.20% of the company’s stock.

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Equity Lifestyle Properties Company Profile

We are a self-administered, self-managed real estate investment trust (?REIT?) with headquarters in Chicago. As of October 22, 2018, we own or have an interest in 411 quality properties in 32 states and British Columbia consisting of 153,847 sites.

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Want to see what other hedge funds are holding ELS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Equity Lifestyle Properties, Inc. (NYSE:ELS).

Institutional Ownership by Quarter for Equity Lifestyle Properties (NYSE:ELS)

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