Prudential Monetary Inc. raised its place in shares of Fairness LifeStyle Properties, Inc. (NYSE:ELS – Get Rating) by 31.4% within the third quarter, in accordance with the corporate in its most up-to-date disclosure with the Securities and Change Fee. The institutional investor owned 1,103,193 shares of the true property funding belief’s inventory after shopping for a further 263,724 shares throughout the interval. Prudential Monetary Inc. owned about 0.59% of Fairness LifeStyle Properties value $68,718,000 as of its most up-to-date submitting with the Securities and Change Fee.
→ The Next Big Crisis Is Here (From Porter & Firm)
Different hedge funds additionally not too long ago modified their holdings of the corporate. Personal Belief Co. NA acquired a brand new stake in shares of Fairness LifeStyle Properties throughout the second quarter value roughly $25,000. SeaCrest Wealth Administration LLC acquired a brand new stake in shares of Fairness LifeStyle Properties throughout the second quarter value roughly $27,000. Higher Cash Selections LLC purchased a brand new stake in shares of Fairness LifeStyle Properties throughout the second quarter valued at roughly $27,000. Wipfli Monetary Advisors LLC purchased a brand new stake in shares of Fairness LifeStyle Properties throughout the third quarter valued at roughly $25,000. Lastly, Eagle Bay Advisors LLC purchased a brand new stake in shares of Fairness LifeStyle Properties throughout the second quarter valued at roughly $30,000. Institutional traders and hedge funds personal 90.65% of the corporate’s inventory.
Analyst Upgrades and Downgrades
ELS has been the subject of a number of analysis analyst reviews. Barclays decreased their worth goal on shares of Fairness LifeStyle Properties from $92.00 to $75.00 and set an “chubby” score on the inventory in a analysis notice on Friday, October seventh. Evercore ISI decreased their worth goal on shares of Fairness LifeStyle Properties from $71.00 to $70.00 in a analysis notice on Tuesday, September twenty seventh. StockNews.com minimize shares of Fairness LifeStyle Properties from a “maintain” score to a “promote” score in a analysis notice on Monday. Truist Monetary elevated their worth goal on shares of Fairness LifeStyle Properties from $71.00 to $73.00 and gave the corporate a “purchase” score in a analysis notice on Tuesday, January seventeenth. Lastly, Robert W. Baird decreased their worth goal on shares of Fairness LifeStyle Properties from $76.00 to $68.00 in a analysis notice on Tuesday, October twenty fifth. One analysis analyst has rated the inventory with a promote score, three have assigned a maintain score and two have assigned a purchase score to the inventory. Based mostly on information from MarketBeat, the inventory has a consensus score of “Maintain” and a consensus goal worth of $74.43.
Fairness LifeStyle Properties Value Efficiency
Shares of ELS stock opened at $68.29 on Wednesday. Fairness LifeStyle Properties, Inc. has a 52-week low of $56.91 and a 52-week excessive of $83.80. The inventory has a market cap of $12.71 billion, a PE ratio of 45.53, a PEG ratio of 4.68 and a beta of 0.62. 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 agency’s 50 day shifting common worth is $65.45 and its two-hundred day shifting common worth is $67.34.
Fairness LifeStyle Properties Declares Dividend
The agency additionally not too long ago disclosed a quarterly dividend, which was paid on Friday, January thirteenth. Shareholders of document on Friday, December thirtieth have been paid a $0.41 dividend. The ex-dividend date of this dividend was Thursday, December twenty ninth. This represents a $1.64 dividend on an annualized foundation and a yield of two.40%. Fairness LifeStyle Properties’s payout ratio is presently 109.33%.
About Fairness LifeStyle Properties
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.
This prompt information alert was generated by narrative science expertise and monetary information from MarketBeat so as to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial staff previous to publication. Please ship any questions or feedback about this story to email@example.com.
Earlier than you contemplate Fairness LifeStyle Properties, you may need to hear this.
MarketBeat retains monitor of Wall Road’s top-rated and greatest performing analysis analysts and the shares they suggest to their shoppers every day. MarketBeat has recognized the five stocks that high analysts are quietly whispering to their shoppers to purchase now earlier than the broader market catches on… and Fairness LifeStyle Properties wasn’t on the checklist.
Whereas Fairness LifeStyle Properties at the moment has a “Maintain” score amongst analysts, top-rated analysts imagine these 5 shares are higher buys.