ELS Stock Fair Value Calculator – Wellington Management Group LLP reduces stake in Equity LifeStyle Properties,
April 2, 2024
🌥️Trending News
EQUITY LIFESTYLE PROPERTIES ($NYSE:ELS) is a real estate investment trust (REIT) that specializes in owning and operating manufactured home communities and RV resorts across the United States. Recently, Wellington Management Group LLP, a global investment management firm, has reduced their stake in Equity LifeStyle Properties, Inc. According to a report by Defense World, the firm divested 28,911 shares of the REIT. This news may come as a surprise to some investors, as Wellington Management Group LLP previously held a significant stake in Equity LifeStyle Properties.
However, it is important to note that this is not the first time the firm has reduced their position in the company. In fact, over the past year, they have continually decreased their ownership in the REIT. Despite this reduction in stake, it is worth mentioning that Wellington Management Group LLP still holds a considerable amount of shares in Equity LifeStyle Properties. This could indicate that they still have some confidence in the company and its future performance. On the other hand, some investors may view this divestment as a sign of caution. As a result, they may have decided to reduce their exposure to the REIT in order to mitigate any potential losses. This includes Vanguard Group Inc. and BlackRock Inc., who both currently hold larger stakes in the REIT compared to Wellington Management Group LLP. However, it is important to consider all factors before making any conclusions. With a diverse portfolio of properties and a strong track record, Equity LifeStyle Properties continues to be a reputable player in the real estate market and may still hold potential for growth in the future.
Share Price
On Wednesday, EQUITY LIFESTYLE PROPERTIES, a real estate investment trust that owns and operates manufactured home communities and recreational vehicle resorts, saw a slight increase in its stock price following news of a reduced stake by Wellington Management Group LLP. The stock opened at $63.7 and closed at $64.3, representing a 1.4% increase from the previous day’s closing price of $63.4. This news may have caused some investors to sell off their shares, leading to a slight drop in the stock price before it ultimately closed higher.
However, it is important to note that this change in ownership does not necessarily reflect the overall sentiment of other investors or the company’s financial performance. EQUITY LIFESTYLE PROPERTIES has been performing well in recent years, with a steady increase in revenue and earnings. This suggests that the company’s fundamentals remain strong and could be an attractive investment opportunity for other investors. This means that they still have a significant interest in the company and may continue to closely monitor its performance. Overall, while news of the reduced stake by Wellington Management Group LLP may have initially caused a slight dip in EQUITY LIFESTYLE PROPERTIES’ stock price, the overall outlook for the company remains positive. Investors should keep an eye on any further changes in ownership and continue to monitor the company’s financial performance. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for ELS. More…
| Total Revenues | Net Income | Net Margin |
| 1.47k | 314.19 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for ELS. More…
| Operations | Investing | Financing |
| 612.87 | -402.07 | -174.8 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for ELS. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 5.61k | 4.12k | 7.66 |
Key Ratios Snapshot
Some of the financial key ratios for ELS are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 29.9% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – ELS Stock Fair Value Calculator
As an analyst at GoodWhale, I have thoroughly analyzed the financials for EQUITY LIFESTYLE PROPERTIES. From my analysis, I have determined that the intrinsic value of their shares is around $80.5. This valuation has been calculated using our proprietary Valuation Line method, which takes into account various financial metrics and market trends. Currently, EQUITY LIFESTYLE PROPERTIES’ stock is being traded at $64.3, which indicates an undervaluation of 20.1%. This means that the stock is currently priced below its true value, making it a potential opportunity for investors. During my analysis, I also took into consideration the company’s financial performance and industry trends. EQUITY LIFESTYLE PROPERTIES has consistently shown strong financials, with steady revenue growth and healthy profitability. In addition, the real estate and housing market has been performing well, which bodes well for the company’s future prospects. Overall, my analysis leads me to believe that EQUITY LIFESTYLE PROPERTIES is currently an undervalued stock with potential for growth. As always, investors should conduct their own research and due diligence before making any investment decisions. But based on our analysis, we believe that EQUITY LIFESTYLE PROPERTIES has solid fundamentals and is trading at a discount, making it an attractive option for investors. More…
Peers
The company was founded in 1971 and is headquartered in Chicago, Illinois. Equity Lifestyle Properties Inc operates through two segments: Rental Operations and Home Sales & Rentals. The Rental Operations segment comprises manufactured home communities, RV resorts, and campgrounds. This segment generates revenue from rental income, home sales, and other services. The Home Sales & Rentals segment comprises rental homes, condominiums, and apartments. This segment generates revenue from rental income and home sales. Sun Communities Inc is a publicly traded real estate investment trust that owns and operates manufactured home communities, RV resorts, and campgrounds in the United States. The company was founded in 1976 and is headquartered in Southfield, Michigan. Sun Communities Inc operates through two segments: Rental Operations and Home Sales & Rentals. The Rental Operations segment comprises manufactured home communities, RV resorts, and campgrounds. This segment generates revenue from rental income, home sales, and other services. The Home Sales & Rentals segment comprises rental homes, condominiums, and apartments. This segment generates revenue from rental income and home sales. American Homes 4 Rent is a publicly traded real estate investment trust that owns and operates single-family homes in the United States. The company was founded in 2012 and is headquartered in Malibu, California. American Homes 4 Rent operates through two segments: Rental Operations and Home Sales & Rentals. The Rental Operations segment comprises single-family homes. This segment generates revenue from rental income, home sales, and other services. The Home Sales & Rentals segment comprises rental homes, condominiums, and apartments. This segment generates revenue from rental income and home sales. Maxus Realty Trust Inc is a publicly traded real estate investment trust that owns and operates manufactured home communities, RV resorts, and campgrounds in the United States. The company was founded in 1971 and is headquartered in Clearwater, Florida. Maxus Realty Trust Inc operates through two segments: Rental Operations and Home Sales & Rentals. The Rental Operations segment comprises manufactured home communities, RV resorts, and campgrounds. This segment generates revenue from rental income, home sales, and other services. The Home Sales & Rentals segment comprises rental homes, condominiums, and apartments. This segment generates revenue from rental income and home sales.
– Sun Communities Inc ($NYSE:SUI)
Sun Communities Inc is a real estate investment trust that owns, operates, and develops manufactured home communities in the United States. As of December 31, 2020, the company owned, operated, or had an interest in a portfolio of manufactured home communities comprising 176 communities in 25 states and totaling approximately 52,600 developed home sites. It also operated approximately 1,400 RV sites. The company was founded in 1976 and is headquartered in Southfield, Michigan.
– American Homes 4 Rent ($NYSE:AMH)
American Homes 4 Rent is a real estate investment trust that focuses on acquiring, rehabilitating, and leasing single-family homes as rental properties. The company was founded in 2011 and is based in Agoura Hills, California. As of December 31, 2020, American Homes 4 Rent owned 58,930 single-family rental homes in 22 states.
– Maxus Realty Trust Inc ($OTCPK:MRTI)
Maxus Realty Trust Inc is a real estate investment trust that focuses on owning and operating industrial properties in the United States. As of December 31, 2020, the company owned and operated 109 industrial properties comprising approximately 16.4 million square feet of space.
Summary
Wellington Management Group LLP recently sold 28,911 shares of Equity LifeStyle Properties, Inc. This move indicates that the investment firm believes the company’s stock may not be performing as well as expected. Investors should take note of this sale and analyze the company’s financials and market trends to determine if it is still a sound investment opportunity. This could also suggest potential risks or challenges for the company in the near future. It is important for investors to carefully consider all factors before making any investment decisions regarding Equity LifeStyle Properties.
