Midwest Trust 13F: Adds $3.7M to ELS Stake

Midwest Trust expanded its investment in Equity LifeStyle Properties, Inc. (NYSE:ELS) during the quarter, according to a Form 13F filing on October 22, 2026. The firm purchased an additional 63,433 shares to grow its position by 68.8%. That brought its total holdings to 155,631 shares, worth about $9.08 million at the filing date.

ELS Equity LifeStyle Properties, Inc.

$61.17 ▲ +5.05% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in Midwest Trust's Equity LifeStyle Properties Position

Midwest Trust held 92,198 shares of the real estate trust prior to this filing. Buying 63,433 more shares lifted the firm's stake to 155,631 shares. The reported value of the position reached $9.07 million when the paperwork was submitted on October 22, 2026.

Other Institutional Activity in Equity LifeStyle Properties

Cohen & Steers Inc. grew its holdings by 3,857,432 shares, ending with 14,888,121 shares worth about $910.7 million. Aristotle Capital Management, LLC cut its stake by 435,243 shares to hold 8,183,427 shares valued at roughly $500.6 million. Principal Financial Group, Inc. added 1,113,336 shares to finish with 7,548,806 shares valued at $461.8 million. Victory Capital Management Inc. trimmed 168,916 shares, leaving it with 5,262,476 shares worth about $321.9 million.

Equity LifeStyle Properties, Inc. Stock Up 3.4%

Shares of Equity LifeStyle Properties closed at $61.17 on October 22, 2026. The stock recently traded around $61.17 as of October 23, 2026. The shares sit below the 50-day moving average of $61.45 and under the 200-day moving average of $63.56. The stock trades closer to its 52-week low of $57.46 than its 52-week high of $69.00.

Recent Earnings

The real estate investment trust generated $1.59 billion in trailing twelve month revenue and reported earnings of $2.02 per share. Investors watch toward the upcoming earnings report on January 27, 2027, for updates on portfolio performance.

Dividend

Equity LifeStyle Properties pays an annual dividend rate of $2.17 per share, yielding 3.67%.

Insider Buying and Selling at Equity LifeStyle Properties, Inc.

Director David J. Contis sold 3,000 shares on March 18, 2026, at an average price of $67.22, totaling $201,660.

Analysts Set New Price Targets

UBS maintained a Buy rating with a $67 target on October 6, 2026. RBC Capital maintained an Outperform rating with a $68 target on October 13, 2026. Barclays maintained an Equal-Weight rating with a $66 target on October 14, 2026. Wells Fargo maintained an Equal-Weight rating with a $64 target on October 19, 2026. Baird maintained an Outperform rating with a $71 target on October 21, 2026. Nineteen analysts hold a consensus buy rating with a mean target of $68.05.

About Equity LifeStyle Properties

Equity LifeStyle Properties, Inc. operates as a self-administered real estate investment trust that owns and manages residential properties. The company focuses on manufactured home communities, recreational vehicle resorts, and campgrounds across North America. These communities offer affordable housing choices and vacation settings for residents and guests.

Bottom Line

Midwest Trust's increased stake reflects institutional positioning in the residential REIT sector ahead of the next earnings release on January 27, 2027.