Universal Beteiligungs und Servicegesellschaft mbH Raises Holdings in UMH Properties, Inc. $UMH

Universal Beteiligungs und Servicegesellschaft mbH lifted its position in shares of UMH Properties, Inc. (NYSE:UMH) by 81.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 93,365 shares of the real estate investment trust’s stock after purchasing an additional 41,990 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.11% of UMH Properties worth $1,386,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in UMH. KBC Group NV increased its position in UMH Properties by 74.0% during the second quarter. KBC Group NV now owns 3,005 shares of the real estate investment trust’s stock worth $50,000 after buying an additional 1,278 shares during the period. Quantbot Technologies LP acquired a new stake in shares of UMH Properties in the second quarter valued at approximately $52,000. Spire Wealth Management grew its position in shares of UMH Properties by 41.5% during the third quarter. Spire Wealth Management now owns 4,980 shares of the real estate investment trust’s stock worth $74,000 after acquiring an additional 1,460 shares during the last quarter. AlphaCore Capital LLC acquired a new position in shares of UMH Properties in the 2nd quarter valued at $90,000. Finally, BNP Paribas Financial Markets raised its position in UMH Properties by 127.5% in the 2nd quarter. BNP Paribas Financial Markets now owns 9,182 shares of the real estate investment trust’s stock valued at $154,000 after purchasing an additional 5,146 shares during the last quarter. 75.40% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have issued reports on UMH shares. Colliers Securities raised shares of UMH Properties to a “buy” rating in a research report on Thursday, December 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of UMH Properties in a research note on Wednesday, January 21st. Cantor Fitzgerald restated a “neutral” rating and issued a $16.00 price target on shares of UMH Properties in a research report on Monday, January 5th. Finally, B. Riley reduced their price objective on UMH Properties from $19.00 to $18.50 and set a “buy” rating for the company in a research note on Monday, November 24th. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $18.00.

Insider Activity at UMH Properties

In other UMH Properties news, Director William Edward Mitchell purchased 2,000 shares of the firm’s stock in a transaction that occurred on Monday, November 24th. The shares were purchased at an average cost of $14.92 per share, for a total transaction of $29,840.00. Following the completion of the purchase, the director directly owned 28,737 shares in the company, valued at $428,756.04. This represents a 7.48% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 8.77% of the stock is owned by corporate insiders.

UMH Properties Stock Up 0.2%

UMH stock opened at $15.62 on Friday. The stock has a market capitalization of $1.33 billion, a PE ratio of 195.27, a price-to-earnings-growth ratio of 2.60 and a beta of 1.09. The company has a fifty day moving average of $15.78 and a 200-day moving average of $15.49. The company has a debt-to-equity ratio of 0.99, a quick ratio of 6.86 and a current ratio of 6.86. UMH Properties, Inc. has a one year low of $13.95 and a one year high of $19.14.

UMH Properties (NYSE:UMH) last issued its quarterly earnings results on Monday, November 3rd. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.25. The business had revenue of $66.92 million for the quarter, compared to analyst estimates of $68.70 million. UMH Properties had a net margin of 10.47% and a return on equity of 4.47%. As a group, analysts expect that UMH Properties, Inc. will post 0.93 EPS for the current year.

UMH Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Tuesday, February 17th will be paid a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date of this dividend is Tuesday, February 17th. UMH Properties’s dividend payout ratio is 1,125.00%.

About UMH Properties

UMH Properties, Inc is a self-administered real estate investment trust (REIT) that specializes in the ownership, operation, acquisition and development of manufactured home communities and recreational vehicle (RV) communities. The company’s business model centers on providing affordable housing solutions by offering land lease lots and home sales in well-maintained, amenity-rich settings. UMH Properties focuses on maximizing occupancy and enhancing tenant satisfaction through professional on-site management and ongoing community improvements.

The company generates revenue through rental lot fees, home sales and related community services.