Lecap Asset Management Ltd. Buys New Stake in Equity Lifestyle Properties, Inc. $ELS

20 Apr 2026, 05:44 by Amy Steele · The Cerbat Gem

Lecap Asset Management Ltd. bought a new position in Equity Lifestyle Properties, Inc. (NYSE:ELS – Free Report) during the 4th quarter, Holdings Channel reports. The fund bought 9,036 shares of the real estate investment trust’s stock, valued at approximately $548,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ELS. Empowered Funds LLC increased its stake in shares of Equity Lifestyle Properties by 14.1% in the first quarter. Empowered Funds LLC now owns 6,516 shares of the real estate investment trust’s stock worth $435,000 after purchasing an additional 804 shares during the period. Jane Street Group LLC lifted its position in shares of Equity Lifestyle Properties by 598.5% during the 1st quarter. Jane Street Group LLC now owns 119,397 shares of the real estate investment trust’s stock worth $7,964,000 after purchasing an additional 102,303 shares during the last quarter. Intech Investment Management LLC boosted its stake in Equity Lifestyle Properties by 62.3% during the 1st quarter. Intech Investment Management LLC now owns 23,114 shares of the real estate investment trust’s stock valued at $1,542,000 after purchasing an additional 8,873 shares during the period. Cetera Investment Advisers grew its holdings in Equity Lifestyle Properties by 111.0% in the 2nd quarter. Cetera Investment Advisers now owns 10,122 shares of the real estate investment trust’s stock valued at $624,000 after buying an additional 5,325 shares during the last quarter. Finally, Gamco Investors INC. ET AL acquired a new stake in Equity Lifestyle Properties in the 2nd quarter valued at approximately $300,000. Institutional investors and hedge funds own 97.21% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Barclays reiterated an “overweight” rating and set a $71.00 price target (up from $68.00) on shares of Equity Lifestyle Properties in a report on Thursday, February 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Equity Lifestyle Properties in a research report on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft upgraded shares of Equity Lifestyle Properties from a “hold” rating to a “buy” rating and set a $72.00 target price for the company in a research note on Wednesday, April 15th. Truist Financial increased their price target on shares of Equity Lifestyle Properties from $66.00 to $69.00 and gave the company a “hold” rating in a report on Wednesday, February 18th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $70.00 price target on shares of Equity Lifestyle Properties in a research report on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $69.55.

Check Out Our Latest Analysis on Equity Lifestyle Properties

Insider Buying and Selling

In related news, Director David J. Contis sold 3,000 shares of the firm’s stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $67.22, for a total value of $201,660.00. Following the completion of the transaction, the director directly owned 14,890 shares of the company’s stock, valued at $1,000,905.80. This trade represents a 16.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.80% of the stock is currently owned by company insiders.

Equity Lifestyle Properties Price Performance

Shares of ELS stock opened at $65.35 on Monday. The stock has a 50 day moving average of $65.82 and a two-hundred day moving average of $63.36. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 0.30. Equity Lifestyle Properties, Inc. has a 12 month low of $58.15 and a 12 month high of $69.00. The company has a market capitalization of $12.67 billion, a P/E ratio of 32.51, a P/E/G ratio of 3.64 and a beta of 0.76.

Equity Lifestyle Properties Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 10th. Investors of record on Friday, March 27th were paid a $0.5425 dividend. The ex-dividend date was Friday, March 27th. This is a positive change from Equity Lifestyle Properties’s previous quarterly dividend of $0.52. This represents a $2.17 dividend on an annualized basis and a dividend yield of 3.3%. Equity Lifestyle Properties’s dividend payout ratio is currently 107.96%.

Equity Lifestyle Properties Company Profile

(Free Report)

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.