Equity LifeStyle Properties, Inc. (NYSE:ELS) Position Increased by Lazard Asset Management LLC


Lazard Asset Administration LLC elevated its place in shares of Fairness LifeStyle Properties, Inc. (NYSE:ELS – Get Ranking) by 1,091.7% within the 2nd quarter, in keeping with the corporate in its most up-to-date Kind 13F submitting with the Securities and Trade Fee. The institutional investor owned 14,396 shares of the actual property funding belief’s inventory after buying a further 13,188 shares through the interval. Lazard Asset Administration LLC’s holdings in Fairness LifeStyle Properties have been value $1,014,000 as of its most up-to-date submitting with the Securities and Trade Fee.

Different hedge funds and different institutional buyers have additionally modified their holdings of the corporate. Sumitomo Mitsui DS Asset Administration Firm Ltd raised its holdings in shares of Fairness LifeStyle Properties by 13.6% through the second quarter. Sumitomo Mitsui DS Asset Administration Firm Ltd now owns 40,788 shares of the actual property funding belief’s inventory value $2,874,000 after buying a further 4,895 shares within the final quarter. Pendal Group Ltd bought a brand new stake in shares of Fairness LifeStyle Properties through the second quarter value $345,000. Park Avenue Securities LLC raised its holdings in shares of Fairness LifeStyle Properties by 8.3% through the first quarter. Park Avenue Securities LLC now owns 6,010 shares of the actual property funding belief’s inventory value $460,000 after buying a further 463 shares within the final quarter. Versor Investments LP raised its holdings in shares of Fairness LifeStyle Properties by 37.5% through the first quarter. Versor Investments LP now owns 7,031 shares of the actual property funding belief’s inventory value $538,000 after buying a further 1,918 shares within the final quarter. Lastly, Neuberger Berman Group LLC raised its holdings in shares of Fairness LifeStyle Properties by 4.4% through the first quarter. Neuberger Berman Group LLC now owns 935,719 shares of the actual property funding belief’s inventory value $71,562,000 after buying a further 39,628 shares within the final quarter. 90.93% of the inventory is presently owned by hedge funds and different institutional buyers.

Analysts Set New Value Targets

A number of equities analysts have weighed in on the corporate. Truist Monetary minimize their goal worth on Fairness LifeStyle Properties from $77.00 to $67.00 and set a “purchase” score on the inventory in a report on Friday, October 14th. StockNews.com assumed protection on Fairness LifeStyle Properties in a report on Wednesday, October twelfth. They set a “promote” score on the inventory. Royal Financial institution of Canada minimize their goal worth on Fairness LifeStyle Properties from $71.00 to $68.00 and set a “sector carry out” score on the inventory in a report on Wednesday, October nineteenth. Barclays minimize their goal worth on Fairness LifeStyle Properties from $92.00 to $75.00 and set an “chubby” score on the inventory in a report on Friday, October seventh. Lastly, Robert W. Baird minimize their goal worth on Fairness LifeStyle Properties from $76.00 to $68.00 in a report on Tuesday, October twenty fifth. One equities analysis analyst has rated the inventory with a promote score, 4 have issued a maintain score and two have given a purchase score to the corporate. In keeping with information from MarketBeat.com, the inventory presently has a mean score of “Maintain” and a consensus goal worth of $76.00.

Fairness LifeStyle Properties Buying and selling Down 0.4 %

Fairness LifeStyle Properties inventory opened at $63.52 on Friday. The corporate has a debt-to-equity ratio of 0.39, a fast ratio of 0.03 and a present ratio of 0.03. The enterprise’s 50-day easy shifting common is $64.00 and its 200-day easy shifting common is $69.68. The agency has a market capitalization of $11.82 billion, a PE ratio of 42.35, a PEG ratio of 4.69 and a beta of 0.62. Fairness LifeStyle Properties, Inc. has a 52 week low of $56.91 and a 52 week excessive of $88.70.

Fairness LifeStyle Properties (NYSE:ELS – Get Ranking) final posted its quarterly earnings information on Tuesday, October 18th. The true property funding belief reported $0.36 EPS for the quarter, lacking analysts’ consensus estimates of $0.37 by ($0.01). Fairness LifeStyle Properties had a return on fairness of 18.30% and a internet margin of 19.36%. The enterprise had income of $381.00 million through the quarter, in comparison with the consensus estimate of $375.16 million. Throughout the identical quarter within the earlier yr, the agency posted $0.65 earnings per share. The corporate’s income for the quarter was up 9.7% on a year-over-year foundation. Equities analysis analysts forecast that Fairness LifeStyle Properties, Inc. will put up 2.66 earnings per share for the present yr.

Fairness LifeStyle Properties Dividend Announcement

The corporate additionally not too long ago introduced a quarterly dividend, which can be paid on Friday, January thirteenth. Traders of document on Friday, December thirtieth can be given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized foundation and a yield of two.58%. The ex-dividend date is Thursday, December twenty ninth. Fairness LifeStyle Properties’s dividend payout ratio (DPR) is presently 109.33%.

Fairness LifeStyle Properties Profile

(Get Ranking)

We’re a self-administered, self-managed actual property funding belief (REIT) with headquarters in Chicago. As of January 25, 2021, we personal or have an curiosity in 423 high quality properties in 33 states and British Columbia consisting of 161,229 websites.

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Institutional Ownership by Quarter for Equity LifeStyle Properties (NYSE:ELS)

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