BMO Capital Markets set a $94.00 price target on Equity Lifestyle Properties (NYSE:ELS) in a research note released on Monday. The brokerage currently has a hold rating on the real estate investment trust’s stock.

A number of other equities analysts also recently issued reports on ELS. Cantor Fitzgerald reissued a hold rating and issued a $81.00 price target on shares of Equity Lifestyle Properties in a research note on Monday, October 16th. Citigroup increased their price target on shares of Equity Lifestyle Properties from $86.00 to $88.00 and gave the stock a neutral rating in a research note on Thursday, October 19th. Zacks Investment Research downgraded shares of Equity Lifestyle Properties from a buy rating to a hold rating in a research note on Tuesday, October 24th. Evercore ISI raised shares of Equity Lifestyle Properties from an underperform rating to an in-line rating in a research note on Monday, December 4th. Finally, Robert W. Baird reissued a hold rating and issued a $95.00 price target on shares of Equity Lifestyle Properties in a research note on Monday, December 11th. Six research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus price target of $89.50.

Equity Lifestyle Properties (NYSE ELS) opened at $82.42 on Monday. Equity Lifestyle Properties has a one year low of $74.12 and a one year high of $91.94. The stock has a market cap of $7,331.31, a PE ratio of 37.98, a P/E/G ratio of 4.11 and a beta of 0.21. The company has a quick ratio of 0.06, a current ratio of 0.06 and a debt-to-equity ratio of 0.20.

In other Equity Lifestyle Properties news, insider Marguerite M. Nader sold 12,500 shares of the firm’s stock in a transaction that occurred on Friday, December 22nd. The shares were sold at an average price of $88.30, for a total transaction of $1,103,750.00. Following the completion of the transaction, the insider now owns 97,868 shares of the company’s stock, valued at $8,641,744.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Paul Seavey sold 7,775 shares of the firm’s stock in a transaction that occurred on Thursday, December 21st. The shares were sold at an average price of $87.98, for a total transaction of $684,044.50. Following the transaction, the chief financial officer now directly owns 48,502 shares of the company’s stock, valued at approximately $4,267,205.96. The disclosure for this sale can be found here. Insiders have sold 21,475 shares of company stock valued at $1,894,283 in the last ninety days. Insiders own 6.10% of the company’s stock.

Several hedge funds and other institutional investors have recently made changes to their positions in ELS. Advisor Group Inc. increased its stake in shares of Equity Lifestyle Properties by 9.2% during the second quarter. Advisor Group Inc. now owns 1,489 shares of the real estate investment trust’s stock valued at $128,000 after purchasing an additional 125 shares in the last quarter. Quantbot Technologies LP bought a new position in shares of Equity Lifestyle Properties during the third quarter valued at approximately $148,000. Gofen & Glossberg LLC IL bought a new position in shares of Equity Lifestyle Properties during the second quarter valued at approximately $215,000. The Manufacturers Life Insurance Company increased its stake in shares of Equity Lifestyle Properties by 7.4% during the second quarter. The Manufacturers Life Insurance Company now owns 2,577 shares of the real estate investment trust’s stock valued at $222,000 after purchasing an additional 178 shares in the last quarter. Finally, Chicago Equity Partners LLC bought a new position in shares of Equity Lifestyle Properties during the third quarter valued at approximately $237,000. 97.91% of the stock is owned by institutional investors and hedge funds.

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Equity Lifestyle Properties Company Profile

Equity LifeStyle Properties, Inc is a real estate investment trust (REIT). The Company is an owner and operator of lifestyle-oriented properties (properties) consisting primarily of manufactured home (MH) communities and recreational vehicle (RV) resorts and campgrounds. The Company operates through two segments: Property Operations and Home Sales and Rentals Operations.

Analyst Recommendations for Equity Lifestyle Properties (NYSE:ELS)

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