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Equity LifeStyle Properties’ Director Sheds Stock

els california hawaiian, san jose calif  mhvillage  creditDavid J. Contis, a director on the board of Equity LifeStyle Properties, Inc. (NYSE:ELS) sold 5,000 shares of the company’s stock on Tue., June 23 at an average price of $53.65 for a total value of $268,250.00. Disclosed in a filing with the Securities and Exchange Commission (SEC), Contis now owns 22,180 shares of ELS valued at $1,189,857.00.

As MHProNews reported June 23, 2015, the value of the stock has increased +23.05 percent compared to the S&P’s gain of 7.51 percent in the same period. According to dakotafinancialnews, four analysts have issued a hold rating on the stock while two rate it as a buy.

In today’s trading, ELS closed down -0.74 percent at $52.56. The company, a publicly-traded real estate investment trust (REIT) is the largest owner of manufactured home and recreational vehicle communities in North America with 370 communities comprised of nearly 140,000 developed home sites. ##

(Photo credit: Equity LifeStyle Properties, Inc.–California Hawaiian, San Jose, California)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

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