The most recent 13F filing that Barclays PLC submitted to the Securities and Exchange Commission revealed that the company had increased its stake in Equity LifeStyle Properties, Inc. (NYSE: ELS) during the third quarter.
During the third quarter, the company reported, as required by the regulations of the Securities and Exchange Commission (SEC), that it had increased its stake in Equity LifeStyle Properties, Inc. (NYSE: ELS). The report was compiled in a manner that was by the regulations of the SEC. The fund finished the period with a total holding of 190,212 shares of the common stock of the Real Estate Investment Trust. This was achieved due to purchasing an additional 26,284 shares during the period.
Barclays PLC had a holding in Equity LifeStyle Properties worth approximately 0.10% of the company’s market value at the end of the most recent financial quarter, which was $11,953,000.
The amount of the company’s stock that hedge funds and other institutional investors held in their portfolios was recently adjusted due to recent market events.
A 1.5% increase in the proportion of equity lifestyle properties that Aurora Investment Managers LLC currently owns was accomplished during the company’s third fiscal quarter.
As a direct result of Aurora Investment Managers LLC purchasing 185 additional shares of the real estate investment trust during the most recent fiscal quarter, the company now holds 12,343 shares of the REIT, which have a value of $776,000. Utah Retirement Systems achieved a 0.6% increase in the value of its equity lifestyle property holdings over the first three months of 2018. Following the acquisition of an additional 200 shares during the most recent quarter, Utah Retirement Systems now holds 31,704 shares of the real estate investment trust, collectively worth $2,425,000. First Horizon Advisors Inc.
Increased the proportion of equity it held in Equity LifeStyle Properties by 70.1% over the second quarter. First Horizon Advisors Inc. now has 546 real estate investment trust shares worth $38,000 after purchasing an additional 225 shares over the most recent quarter. These shares were acquired through the purchase of an additional 225 shares. The proportion of Equity LifeStyle Properties owned by Delphia USA Inc.
Increased by 10.2% over the second quarter. The most recent fiscal quarter came to a close, with Delphia USA Inc. holding a total of 2,928 shares of the real estate investment trust, which currently has a value of $206,000.
In the second quarter, Corient Capital Partners LLC increased the percentage of equity it held in Equity LifeStyle Properties by 3.3%, which brings us to our last point.
After purchasing 282 additional shares during the most recent quarter, Corient Capital Partners LLC now holds 8,756 shares of the real estate investment trust. The value of these shares brings the company’s total holdings to $617,000.
Most of the company’s stock, or 90.65%, is owned by institutional investors and hedge funds.
There have been several people who are experts in equity research who have provided their opinions regarding the stock.
In a research report that was made public on Friday, October 7, Barclays lowered their price target on shares of Equity LifeStyle Properties from $92.00 to $75.00 and rated the company as “overweight.” The report was about Equity Lifestyle Properties. Royal Bank of Canada lowered its price objective for Equity LifeStyle Properties from $71 to $68 and rated the company as “sector perform” in a research note published on October 19. This rating indicates that the Royal Bank of Canada believes the company is performing well compared to other businesses operating in the same sector.
In a research note published on Tuesday, January 17, Truist Financial rated the stock as a “buy” and raised its price target for Equity LifeStyle Properties from $71.00 to $73.00.
In addition, they raised their price target for Equity LifeStyle Properties.
Additionally, a recommendation to “buy” the stock was included in the report. Robert W.
Baird lowered their price target on Equity LifeStyle Properties from $70.00 to $68.00 in a research note published on Tuesday, October 25.
In the final step of the process, a research report on Equity LifeStyle Properties released by StockNews.com on Monday included a recommendation to “sell” the stock.
A “hold” rating had been assigned to the company at one point. The following are the recommendations that research analysts currently have for the stock: four hold ratings, two buy ratings, one sell rating, and three hold ratings.
According to data made available by Bloomberg, the most common recommendation for Equity LifeStyle Properties is “hold,” and the price that the vast majority of market watchers believe the stock will reach its $74.43 shortly.
ELS was first available for trading on Thursday for $67.99. The company’s moving average price over the past 50 days is $65.54, and its average price over the past 200 days is $67.34. The company has a market capitalization of $12.65 billion, a PE ratio of 45.33, a PEG ratio of 4.67, and a beta coefficient of 0.62. These metrics are based on the company’s share price over the past year. The lowest price that the stock of Equity LifeStyle Properties, Inc., has been in the past year is $56.91, while the highest price the stock has been in the past year is $83.80. The company’s debt-to-equity ratio is 0.39, while its current and quick ratios are 0.03, respectively.
We are a real estate investment trust that is both self-administered and self-managed, and our corporate headquarters are located in Chicago (REIT).
As of January 25, 2021, we owned or had a stake in a total of 423 properties that were of high quality. These locations were dispersed across a total of 161,229 properties, which were located in 33 states and British Columbia combined.
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