Massachusetts Financial Services Company Position in Equity Lifestyle Pptys (ELS) Has Trimmed by $46.36 Million; As Teck Resources LTD (TCK) Stock Were Volatile, Toron Capital Markets Increased Stake by $3.13 Million

May 26, 2018 - By Marguerite Chambers

Massachusetts Financial Services Company decreased its stake in Equity Lifestyle Pptys Inc (ELS) by 41.25% based on its latest 2017Q4 regulatory filing with the SEC. Massachusetts Financial Services Company sold 520,912 shares as the company’s stock declined 2.74% with the market. The institutional investor held 741,998 shares of the consumer services company at the end of 2017Q4, valued at $66.05 million, down from 1.26 million at the end of the previous reported quarter. Massachusetts Financial Services Company who had been investing in Equity Lifestyle Pptys Inc for a number of months, seems to be less bullish one the $8.38B market cap company. The stock increased 0.90% or $0.79 during the last trading session, reaching $88.65. About 263,537 shares traded. Equity LifeStyle Properties, Inc. (NYSE:ELS) has risen 10.66% since May 26, 2017 and is uptrending. It has underperformed by 0.89% the S&P500.

Toron Capital Markets Inc increased its stake in Teck Resources Ltd (TCK) by 5.7% based on its latest 2017Q4 regulatory filing with the SEC. Toron Capital Markets Inc bought 120,400 shares as the company’s stock 0.00% . The institutional investor held 2.23 million shares of the mining & quarrying of nonmetallic minerals (no fuels) company at the end of 2017Q4, valued at $58.41M, up from 2.11 million at the end of the previous reported quarter. Toron Capital Markets Inc who had been investing in Teck Resources Ltd for a number of months, seems to be bullish on the $ market cap company. The stock increased 0.00% or $0.87 during the last trading session, reaching $25.36. It is down 0.00% since May 26, 2017 and is . It has underperformed by 11.55% the S&P500.

Among 19 analysts covering Teck Resources (NYSE:TCK), 9 have Buy rating, 2 Sell and 8 Hold. Therefore 47% are positive. Teck Resources had 33 analyst reports since July 23, 2015 according to SRatingsIntel. RBC Capital Markets upgraded Teck Resources Ltd Ordinary Sha (NYSE:TCK) on Monday, October 17 to “Outperform” rating. The rating was downgraded by Raymond James on Thursday, March 24 to “Underperform”. The firm has “Outperform” rating by National Bank Canada given on Tuesday, October 18. Barclays Capital upgraded Teck Resources Ltd Ordinary Sha (NYSE:TCK) on Thursday, November 17 to “Overweight” rating. The firm earned “Market Perform” rating on Friday, July 24 by Cowen & Co. The company was upgraded on Thursday, August 4 by Raymond James. Deutsche Bank maintained the stock with “Hold” rating in Monday, October 5 report. Goldman Sachs initiated Teck Resources Ltd Ordinary Sha (NYSE:TCK) rating on Thursday, May 19. Goldman Sachs has “Buy” rating and $12 target. As per Monday, September 21, the company rating was maintained by FBR Capital. Barclays Capital downgraded Teck Resources Ltd Ordinary Sha (NYSE:TCK) rating on Thursday, January 14. Barclays Capital has “Underweight” rating and $4 target.

Toron Capital Markets Inc, which manages about $2.33B US Long portfolio, decreased its stake in Groupe Cgi Inc (NYSE:GIB) by 15,092 shares to 784,800 shares, valued at $42.64 million in 2017Q4, according to the filing. It also reduced its holding in Koninklijke Philips N V (NYSE:PHG) by 12,219 shares in the quarter, leaving it with 17,338 shares, and cut its stake in Transcanada Corp (NYSE:TRP).

Investors sentiment decreased to 1.16 in 2017 Q4. Its down 0.68, from 1.84 in 2017Q3. It worsened, as 17 investors sold ELS shares while 75 reduced holdings. 32 funds opened positions while 75 raised stakes. 82.09 million shares or 0.16% more from 81.96 million shares in 2017Q3 were reported. New York State Common Retirement Fund holds 185,300 shares or 0.02% of its portfolio. Bancshares Of Montreal Can stated it has 30,395 shares or 0% of all its holdings. Principal Financial Group Inc Inc accumulated 0.09% or 1.08 million shares. Rafferty Asset Llc stated it has 17,758 shares. 392,127 are held by Martingale Asset Management Limited Partnership. Comerica Bank invested 0% in Equity LifeStyle Properties, Inc. (NYSE:ELS). The Massachusetts-based Wellington Mngmt Grp Llp has invested 0.02% in Equity LifeStyle Properties, Inc. (NYSE:ELS). Daiwa Grp Inc invested in 1.99M shares. Tci Wealth owns 46 shares. Guggenheim Cap Ltd Liability Com has 91,639 shares for 0.02% of their portfolio. Daiwa Sb Invs Ltd reported 270 shares. Credit Suisse Ag has invested 0.02% in Equity LifeStyle Properties, Inc. (NYSE:ELS). Franklin Resources accumulated 204,402 shares. Moreover, M&T Financial Bank has 0% invested in Equity LifeStyle Properties, Inc. (NYSE:ELS). Pnc Financial Serv Gru has 5,658 shares.

Since March 20, 2018, it had 1 buy, and 2 selling transactions for $79,086 activity. $1.79 million worth of Equity LifeStyle Properties, Inc. (NYSE:ELS) was bought by ZELL SAMUEL.

Analysts await Equity LifeStyle Properties, Inc. (NYSE:ELS) to report earnings on July, 16. They expect $0.90 EPS, up 11.11% or $0.09 from last year’s $0.81 per share. ELS’s profit will be $85.11M for 24.63 P/E if the $0.90 EPS becomes a reality. After $1.04 actual EPS reported by Equity LifeStyle Properties, Inc. for the previous quarter, Wall Street now forecasts -13.46% negative EPS growth.

Among 6 analysts covering Equity Lifestyle Properties (NYSE:ELS), 1 have Buy rating, 0 Sell and 5 Hold. Therefore 17% are positive. Equity Lifestyle Properties had 20 analyst reports since August 25, 2015 according to SRatingsIntel. The rating was maintained by BMO Capital Markets with “Hold” on Tuesday, January 30. The company was maintained on Friday, January 5 by Robert W. Baird. The stock of Equity LifeStyle Properties, Inc. (NYSE:ELS) has “Hold” rating given on Monday, July 17 by Cantor Fitzgerald. As per Monday, November 21, the company rating was upgraded by Robert W. Baird. On Tuesday, January 9 the stock rating was maintained by BMO Capital Markets with “Hold”. The stock has “Neutral” rating by Citigroup on Thursday, October 19. BMO Capital Markets initiated the stock with “Hold” rating in Monday, October 9 report. BMO Capital Markets maintained Equity LifeStyle Properties, Inc. (NYSE:ELS) rating on Monday, February 5. BMO Capital Markets has “Hold” rating and $94.0 target. The firm earned “Buy” rating on Tuesday, August 25 by Zacks. BMO Capital Markets maintained Equity LifeStyle Properties, Inc. (NYSE:ELS) rating on Monday, November 27. BMO Capital Markets has “Hold” rating and $94.0 target.

Equity LifeStyle Properties, Inc. (NYSE:ELS) Institutional Positions Chart

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