Equity LifeStyle Properties, Inc. (NYSE:ELS) Shares Acquired by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. raised its holdings in shares of Equity LifeStyle Properties, Inc. (NYSE:ELS) by 3.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 178,118 shares of the real estate investment trust’s stock after purchasing an additional 5,500 shares during the period. Robeco Institutional Asset Management B.V. owned 0.09% of Equity LifeStyle Properties worth $11,863,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Townsquare Capital LLC increased its position in shares of Equity LifeStyle Properties by 23.7% during the third quarter. Townsquare Capital LLC now owns 12,835 shares of the real estate investment trust’s stock worth $916,000 after purchasing an additional 2,458 shares in the last quarter. Victory Capital Management Inc. increased its position in shares of Equity LifeStyle Properties by 0.9% during the third quarter. Victory Capital Management Inc. now owns 4,649,670 shares of the real estate investment trust’s stock worth $331,707,000 after purchasing an additional 39,864 shares in the last quarter. Citigroup Inc. increased its position in shares of Equity LifeStyle Properties by 16.7% during the third quarter. Citigroup Inc. now owns 213,209 shares of the real estate investment trust’s stock worth $15,210,000 after purchasing an additional 30,489 shares in the last quarter. Nordea Investment Management AB grew its holdings in shares of Equity LifeStyle Properties by 6.4% during the fourth quarter. Nordea Investment Management AB now owns 21,574 shares of the real estate investment trust’s stock valued at $1,432,000 after buying an additional 1,301 shares during the last quarter. Finally, Sanctuary Advisors LLC grew its holdings in shares of Equity LifeStyle Properties by 95.3% during the third quarter. Sanctuary Advisors LLC now owns 32,578 shares of the real estate investment trust’s stock valued at $2,311,000 after buying an additional 15,899 shares during the last quarter. 97.21% of the stock is owned by institutional investors and hedge funds.

Equity LifeStyle Properties Trading Up 0.5 %

ELS stock opened at $65.48 on Friday. The company’s 50-day simple moving average is $67.56 and its 200-day simple moving average is $69.51. The company has a quick ratio of 0.03, a current ratio of 0.02 and a debt-to-equity ratio of 0.15. Equity LifeStyle Properties, Inc. has a 52-week low of $59.82 and a 52-week high of $76.60. The firm has a market cap of $12.51 billion, a P/E ratio of 33.58, a PEG ratio of 2.77 and a beta of 0.79.

Equity LifeStyle Properties (NYSE:ELS) last posted its earnings results on Monday, January 27th. The real estate investment trust reported $0.76 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.76. Equity LifeStyle Properties had a net margin of 24.05% and a return on equity of 23.12%. As a group, equities analysts forecast that Equity LifeStyle Properties, Inc. will post 3.1 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. UBS Group raised shares of Equity LifeStyle Properties to a “strong-buy” rating in a report on Thursday, October 10th. Compass Point boosted their price objective on shares of Equity LifeStyle Properties from $70.00 to $72.00 and gave the company a “neutral” rating in a report on Wednesday, October 23rd. Royal Bank of Canada dropped their price objective on shares of Equity LifeStyle Properties from $69.00 to $68.00 and set a “sector perform” rating on the stock in a report on Wednesday. Robert W. Baird boosted their price objective on shares of Equity LifeStyle Properties from $72.00 to $73.00 and gave the company an “outperform” rating in a report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft raised shares of Equity LifeStyle Properties from a “hold” rating to a “buy” rating and boosted their price objective for the company from $66.00 to $73.00 in a report on Tuesday, January 21st. Three research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $73.90.

Equity LifeStyle Properties 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.