KBC Group NV Has $1.53 Million Position in Equity Lifestyle Properties, Inc. $ELS

KBC Group NV cut its stake in shares of Equity Lifestyle Properties, Inc. (NYSE:ELS) by 65.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,537 shares of the real estate investment trust’s stock after selling 47,373 shares during the quarter. KBC Group NV’s holdings in Equity Lifestyle Properties were worth $1,531,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Wiser Advisor Group LLC bought a new stake in Equity Lifestyle Properties in the third quarter valued at $25,000. Caitong International Asset Management Co. Ltd raised its holdings in shares of Equity Lifestyle Properties by 943.8% during the third quarter. Caitong International Asset Management Co. Ltd now owns 501 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 453 shares during the period. Clearstead Trust LLC boosted its position in shares of Equity Lifestyle Properties by 74.8% during the 4th quarter. Clearstead Trust LLC now owns 540 shares of the real estate investment trust’s stock worth $33,000 after purchasing an additional 231 shares in the last quarter. Fulcrum Asset Management LLP bought a new position in shares of Equity Lifestyle Properties during the 3rd quarter worth about $34,000. Finally, V Square Quantitative Management LLC bought a new position in shares of Equity Lifestyle Properties during the 4th quarter worth about $37,000. 97.21% of the stock is currently owned by institutional investors and hedge funds.

Equity Lifestyle Properties Stock Performance

Shares of ELS opened at $66.16 on Friday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.04 and a current ratio of 0.02. The stock has a 50 day moving average price of $63.69 and a two-hundred day moving average price of $64.18. The firm has a market capitalization of $12.83 billion, a P/E ratio of 31.81, a P/E/G ratio of 4.02 and a beta of 0.66. Equity Lifestyle Properties, Inc. has a 52 week low of $58.15 and a 52 week high of $69.00.

Equity Lifestyle Properties (NYSE:ELS) last issued its quarterly earnings data on Wednesday, July 22nd. The real estate investment trust reported $0.50 EPS for the quarter, missing the consensus estimate of $0.72 by ($0.22). The company had revenue of $397.81 million during the quarter, compared to analysts’ expectations of $383.66 million. Equity Lifestyle Properties had a return on equity of 22.31% and a net margin of 25.92%.The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period last year, the company earned $0.69 earnings per share. Equity Lifestyle Properties has set its FY 2026 guidance at 3.130-3.230 EPS and its Q3 2026 guidance at 0.760-0.820 EPS. Equities analysts forecast that Equity Lifestyle Properties, Inc. will post 3.18 earnings per share for the current fiscal year.

Equity Lifestyle Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Friday, June 26th were paid a dividend of $0.5425 per share. The ex-dividend date was Friday, June 26th. This represents a $2.17 annualized dividend and a yield of 3.3%. Equity Lifestyle Properties’s dividend payout ratio (DPR) is 104.33%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on ELS. Wells Fargo & Company decreased their target price on Equity Lifestyle Properties from $70.00 to $69.00 and set an “equal weight” rating for the company in a research report on Monday, June 1st. Wall Street Zen upgraded Equity Lifestyle Properties from a “sell” rating to a “hold” rating in a report on Saturday, April 11th. Jefferies Financial Group raised Equity Lifestyle Properties to a “strong-buy” rating in a research note on Wednesday. Deutsche Bank Aktiengesellschaft raised Equity Lifestyle Properties from a “hold” rating to a “buy” rating and set a $72.00 target price on the stock in a research report on Wednesday, April 15th. Finally, Truist Financial set a $67.00 price target on shares of Equity Lifestyle Properties and gave the company a “hold” rating in a research report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Equity Lifestyle Properties presently has a consensus rating of “Hold” and a consensus target price of $68.70.

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.