Seven Post Investment Office LP Has $12.57 Million Holdings in Equity LifeStyle Properties, Inc. (NYSE:ELS)

Seven Post Investment Office LP raised its position in shares of Equity LifeStyle Properties, Inc. (NYSE:ELS) by 0.7% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 188,798 shares of the real estate investment trust’s stock after buying an additional 1,344 shares during the period. Equity LifeStyle Properties comprises about 4.8% of Seven Post Investment Office LP’s investment portfolio, making the stock its 7th biggest holding. Seven Post Investment Office LP owned approximately 0.10% of Equity LifeStyle Properties worth $12,574,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Aurora Investment Managers LLC. lifted its holdings in Equity LifeStyle Properties by 8.6% in the 4th quarter. Aurora Investment Managers LLC. now owns 52,137 shares of the real estate investment trust’s stock worth $3,472,000 after buying an additional 4,139 shares during the period. MassMutual Private Wealth & Trust FSB raised its holdings in shares of 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 valued at $38,000 after acquiring an additional 171 shares in the last quarter. UMB Bank n.a. lifted its stake in Equity LifeStyle Properties by 68.2% in the fourth quarter. UMB Bank n.a. now owns 898 shares of the real estate investment trust’s stock worth $60,000 after acquiring an additional 364 shares during the period. Avanza Fonder AB bought a new stake in Equity LifeStyle Properties in the fourth quarter valued at $917,000. Finally, Ritholtz Wealth Management purchased a new position in Equity LifeStyle Properties during the 4th quarter valued at $484,000. Institutional investors own 97.21% of the company’s stock.

Equity LifeStyle Properties Stock Up 0.5 %

NYSE:ELS opened at $66.52 on Tuesday. The firm has a 50-day simple moving average of $68.42 and a two-hundred day simple moving average of $69.48. The firm has a market cap of $12.71 billion, a P/E ratio of 34.29, a P/E/G ratio of 3.31 and a beta of 0.79. Equity LifeStyle Properties, Inc. has a fifty-two week low of $59.82 and a fifty-two week high of $76.60. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.03 and a current ratio of 0.03.

Equity LifeStyle Properties (NYSE:ELS) last announced its quarterly earnings results on Monday, October 21st. The real estate investment trust reported $0.44 earnings per share for the quarter, missing the consensus estimate of $0.72 by ($0.28). Equity LifeStyle Properties had a net margin of 23.97% and a return on equity of 24.10%. The firm had revenue of $387.30 million for the quarter, compared to the consensus estimate of $315.78 million. During the same period last year, the business earned $0.71 EPS. Equity LifeStyle Properties’s revenue was down .4% on a year-over-year basis. Analysts predict that Equity LifeStyle Properties, Inc. will post 2.92 earnings per share for the current fiscal year.

Equity LifeStyle Properties Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, December 27th were paid a $0.477 dividend. This represents a $1.91 annualized dividend and a dividend yield of 2.87%. The ex-dividend date was Friday, December 27th. Equity LifeStyle Properties’s dividend payout ratio is currently 98.45%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. UBS Group raised shares of Equity LifeStyle Properties to a “strong-buy” rating in a research report on Thursday, October 10th. Jefferies Financial Group upgraded Equity LifeStyle Properties from a “hold” rating to a “buy” rating and increased their price objective for the stock from $72.00 to $80.00 in a report on Thursday, January 2nd. Robert W. Baird raised their price objective on Equity LifeStyle Properties from $71.00 to $72.00 and gave the company an “outperform” rating in a research report on Tuesday, October 22nd. Evercore ISI upped their target price on shares of Equity LifeStyle Properties from $76.00 to $77.00 and gave the stock an “in-line” rating in a research report on Monday, October 21st. Finally, Truist Financial raised shares of Equity LifeStyle Properties from a “hold” rating to a “buy” rating in a research report on Friday. Four investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Equity LifeStyle Properties presently has a consensus rating of “Moderate Buy” and an average target price of $73.30.

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.