Yousif Capital Management LLC Has $4.94 Million Holdings in Equity LifeStyle Properties, Inc. (NYSE:ELS)

Yousif Capital Management LLC trimmed its holdings in Equity LifeStyle Properties, Inc. (NYSE:ELS) by 2.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 74,112 shares of the real estate investment trust’s stock after selling 1,669 shares during the quarter. Yousif Capital Management LLC’s holdings in Equity LifeStyle Properties were worth $4,936,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of ELS. Geneos Wealth Management Inc. bought a new stake in Equity LifeStyle Properties in the 4th quarter valued at $30,000. Board of the Pension Protection Fund acquired a new position in shares of Equity LifeStyle Properties during the fourth quarter valued at about $33,000. UMB Bank n.a. lifted its stake in shares of Equity LifeStyle Properties by 356.4% in the third quarter. UMB Bank n.a. now owns 534 shares of the real estate investment trust’s stock valued at $38,000 after buying an additional 417 shares during the period. MassMutual Private Wealth & Trust FSB grew its position in Equity LifeStyle Properties by 43.5% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 564 shares of the real estate investment trust’s stock worth $38,000 after buying an additional 171 shares in the last quarter. Finally, V Square Quantitative Management LLC increased its stake in Equity LifeStyle Properties by 31.3% during the third quarter. V Square Quantitative Management LLC now owns 613 shares of the real estate investment trust’s stock valued at $44,000 after acquiring an additional 146 shares during the period. Institutional investors own 97.21% of the company’s stock.

Equity LifeStyle Properties Stock Performance

NYSE:ELS opened at $66.38 on Friday. The firm has a 50 day moving average of $67.09 and a 200-day moving average of $69.44. Equity LifeStyle Properties, Inc. has a 1 year low of $59.82 and a 1 year high of $76.60. The stock has a market capitalization of $12.68 billion, a P/E ratio of 34.04, a price-to-earnings-growth ratio of 2.78 and a beta of 0.79. The company has a current ratio of 0.02, a quick ratio of 0.03 and a debt-to-equity ratio of 0.15.

Equity LifeStyle Properties (NYSE:ELS) last posted its quarterly earnings data on Monday, January 27th. The real estate investment trust reported $0.76 earnings per share for the quarter, meeting 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, sell-side analysts anticipate that Equity LifeStyle Properties, Inc. will post 3.1 EPS for the current fiscal year.

Equity LifeStyle Properties Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 11th. Investors of record on Friday, March 28th will be given a $0.515 dividend. This represents a $2.06 dividend on an annualized basis and a yield of 3.10%. This is a positive change from Equity LifeStyle Properties’s previous quarterly dividend of $0.48. Equity LifeStyle Properties’s dividend payout ratio (DPR) is presently 97.95%.

Analyst Ratings Changes

A number of brokerages have commented on ELS. UBS Group upgraded Equity LifeStyle Properties to a “strong-buy” rating in a research report on Thursday, October 10th. Jefferies Financial Group raised Equity LifeStyle Properties from a “hold” rating to a “buy” rating and raised their target price for the stock from $72.00 to $80.00 in a research report on Thursday, January 2nd. Evercore ISI lowered their price target on shares of Equity LifeStyle Properties from $74.00 to $73.00 and set an “in-line” rating on the stock in a report on Tuesday, January 28th. Royal Bank of Canada reduced their price objective on shares of Equity LifeStyle Properties from $69.00 to $68.00 and set a “sector perform” rating for the company in a report on Wednesday, January 29th. Finally, Robert W. Baird upped their target price on shares of Equity LifeStyle Properties from $72.00 to $73.00 and gave the company an “outperform” rating in a research note on Tuesday, January 28th. Three equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Equity LifeStyle Properties has an average rating of “Moderate Buy” and an average price target of $73.90.

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.