AEGON ASSET MANAGEMENT UK Plc Purchases 90,454 Shares of Equity Lifestyle Properties, Inc. $ELS

AEGON ASSET MANAGEMENT UK Plc grew its position in shares of Equity Lifestyle Properties, Inc. (NYSE:ELS) by 910.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 100,390 shares of the real estate investment trust’s stock after acquiring an additional 90,454 shares during the period. AEGON ASSET MANAGEMENT UK Plc owned about 0.05% of Equity Lifestyle Properties worth $6,091,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Allworth Financial LP lifted its position in Equity Lifestyle Properties by 204.1% in the 2nd quarter. Allworth Financial LP now owns 660 shares of the real estate investment trust’s stock valued at $41,000 after acquiring an additional 443 shares in the last quarter. IFP Advisors Inc grew its position in Equity Lifestyle Properties by 874.7% in the 2nd quarter. IFP Advisors Inc now owns 848 shares of the real estate investment trust’s stock worth $52,000 after purchasing an additional 761 shares during the period. Wilmington Savings Fund Society FSB grew its position in Equity Lifestyle Properties by 27.4% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 1,250 shares of the real estate investment trust’s stock worth $76,000 after purchasing an additional 269 shares during the period. Farther Finance Advisors LLC boosted its position in Equity Lifestyle Properties by 12.3% in the second quarter. Farther Finance Advisors LLC now owns 1,620 shares of the real estate investment trust’s stock worth $100,000 after purchasing an additional 178 shares during the last quarter. Finally, GAMMA Investing LLC increased its position in shares of Equity Lifestyle Properties by 10.8% during the 2nd quarter. GAMMA Investing LLC now owns 2,069 shares of the real estate investment trust’s stock valued at $128,000 after purchasing an additional 201 shares during the last quarter. 97.21% of the stock is currently owned by hedge funds and other institutional investors.

Equity Lifestyle Properties Stock Performance

NYSE ELS opened at $62.83 on Tuesday. The business has a 50 day moving average price of $61.78 and a 200 day moving average price of $61.29. The company has a market capitalization of $12.18 billion, a P/E ratio of 31.57, a PEG ratio of 3.88 and a beta of 0.77. Equity Lifestyle Properties, Inc. has a 1-year low of $58.15 and a 1-year high of $70.35. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.05 and a quick ratio of 0.05.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on ELS shares. Wall Street Zen downgraded shares of Equity Lifestyle Properties from a “hold” rating to a “sell” rating in a report on Saturday. Jefferies Financial Group raised shares of Equity Lifestyle Properties to a “strong-buy” rating in a report on Monday, October 20th. Truist Financial set a $66.00 price objective on shares of Equity Lifestyle Properties and gave the stock a “hold” rating in a research note on Tuesday, January 20th. Royal Bank Of Canada upgraded shares of Equity Lifestyle Properties from an “underperform” rating to an “outperform” rating and raised their price objective for the company from $66.00 to $70.00 in a research report on Monday, December 8th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Equity Lifestyle Properties in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, Equity Lifestyle Properties has an average rating of “Moderate Buy” and a consensus price target of $69.46.

About Equity Lifestyle Properties

Equity Lifestyle Properties, Inc (NYSE: ELS) is a publicly traded real estate investment trust specializing in the acquisition, development, ownership and operation of manufactured home communities and recreational vehicle resorts. The company’s portfolio includes more than 450 properties across the United States and Canada, serving over 200,000 residents and visitors. ELS organizes its operations into two primary segments: manufactured housing communities, which provide long-term housing solutions, and upscale RV and seasonal resorts designed for leisure travelers and seasonal patrons.

In its manufactured home division, ELS offers home-site leases combined with community amenities such as landscaped common areas, clubhouses, swimming pools and organized resident events.