Natixis Has $2.31 Million Holdings in Equity LifeStyle Properties, Inc. (NYSE:ELS)

Natixis increased its holdings in shares of Equity LifeStyle Properties, Inc. (NYSE:ELS - Free Report) by 144.9% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 34,606 shares of the real estate investment trust's stock after purchasing an additional 20,478 shares during the period. Natixis' holdings in Equity LifeStyle Properties were worth $2,305,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of ELS. Empowered Funds LLC acquired a new position in shares of Equity LifeStyle Properties during the 4th quarter worth approximately $380,000. Vert Asset Management LLC increased its holdings in shares of Equity LifeStyle Properties by 9.8% in the fourth quarter. Vert Asset Management LLC now owns 79,516 shares of the real estate investment trust's stock valued at $5,296,000 after purchasing an additional 7,092 shares during the last quarter. Nordea Investment Management AB raised its position in shares of Equity LifeStyle Properties by 6.4% in 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 purchasing an additional 1,301 shares during the period. Lecap Asset Management Ltd. lifted its stake in shares of Equity LifeStyle Properties by 185.8% during the 4th quarter. Lecap Asset Management Ltd. now owns 24,882 shares of the real estate investment trust's stock worth $1,657,000 after buying an additional 16,176 shares during the last quarter. Finally, Van ECK Associates Corp boosted its holdings in shares of Equity LifeStyle Properties by 0.9% during the 4th quarter. Van ECK Associates Corp now owns 82,239 shares of the real estate investment trust's stock worth $5,477,000 after buying an additional 759 shares during the period. Institutional investors and hedge funds own 97.21% of the company's stock.

Equity LifeStyle Properties Price Performance

ELS traded down $0.30 on Friday, reaching $63.11. The stock had a trading volume of 1,196,720 shares, compared to its average volume of 1,302,354. The company has a current ratio of 0.02, a quick ratio of 0.03 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $12.06 billion, a price-to-earnings ratio of 32.36, a price-to-earnings-growth ratio of 3.02 and a beta of 0.72. Equity LifeStyle Properties, Inc. has a fifty-two week low of $58.86 and a fifty-two week high of $76.60. The firm has a 50-day moving average of $66.25 and a 200-day moving average of $67.50.

Equity LifeStyle Properties (NYSE:ELS - Get Free Report) last issued its quarterly earnings data on Monday, April 21st. The real estate investment trust reported $0.83 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.83. Equity LifeStyle Properties had a net margin of 24.05% and a return on equity of 23.12%. The business had revenue of $327.21 million during the quarter, compared to analyst estimates of $391.34 million. During the same quarter last year, the business earned $0.59 EPS. As a group, sell-side analysts anticipate that Equity LifeStyle Properties, Inc. will post 3.07 EPS for the current year.

Equity LifeStyle Properties Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 11th. Shareholders of record on Friday, March 28th were issued a dividend of $0.515 per share. The ex-dividend date was Friday, March 28th. This is an increase from Equity LifeStyle Properties's previous quarterly dividend of $0.48. This represents a $2.06 annualized dividend and a yield of 3.26%. Equity LifeStyle Properties's payout ratio is presently 106.74%.

Analysts Set New Price Targets

A number of research analysts have commented on ELS shares. BMO Capital Markets decreased their price objective on Equity LifeStyle Properties from $78.00 to $77.00 and set an "outperform" rating on the stock in a report on Tuesday. Deutsche Bank Aktiengesellschaft raised shares of Equity LifeStyle Properties from a "hold" rating to a "buy" rating and raised their price target for the stock from $66.00 to $73.00 in a research report on Tuesday, January 21st. 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 for the company in a research note on Wednesday, January 29th. Robert W. Baird increased their target price on shares of Equity LifeStyle Properties from $72.00 to $73.00 and gave the stock an "outperform" rating in a research report on Tuesday, January 28th. Finally, Jefferies Financial Group assumed coverage on Equity LifeStyle Properties in a research note on Tuesday, April 8th. They issued a "buy" rating and a $80.00 price target for the company. Three analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $74.10.

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.