Hedge Fund Cohen & Steers trimmed its stake by 89.7 percent, unloading 2,526,211 shares which decreased its stake from $204,789,000 to $3,912,000, a drop of $200,877,000 as of Q2 2016.
As of the end of second quarter 2016 Legal & General Group Plc grew its position in ELS 12.4 percent by acquiring a total of 17,651 shares, increasing its investment fro $10,334,000 to $12,788,000.
By the end of the second quarter, 2016, Numeric Investors LLC had unloaded a total of 335,979 shares of ELS, decreasing its value 89.4 percent, from $24,560,000 to $2,594,000.
ELS currently has a market cap of 6.63 billion, and a P/E ratio of 41.96.
As MHProNews knows, ELS has an interest in 388 manufactured home and recreational vehicle communities in 32 states and British Columbia comprised of 144,244 sites. ##
(Photo credit: Equity LifeStyle Properties-Colony Cove MHC, Ellenton, Fla.)
