William Blair Investment Management LLC Has $18.03 Million Stock Position in UMH Properties, Inc. $UMH

William Blair Investment Management LLC lowered its stake in UMH Properties, Inc. (NYSE:UMHFree Report) by 31.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,133,066 shares of the real estate investment trust’s stock after selling 523,736 shares during the quarter. William Blair Investment Management LLC owned approximately 1.33% of UMH Properties worth $18,027,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Creative Financial Designs Inc. ADV increased its position in shares of UMH Properties by 96.9% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 3,495 shares of the real estate investment trust’s stock valued at $56,000 after acquiring an additional 1,720 shares during the last quarter. ProShare Advisors LLC grew its holdings in UMH Properties by 7.9% during the fourth quarter. ProShare Advisors LLC now owns 14,676 shares of the real estate investment trust’s stock worth $233,000 after purchasing an additional 1,072 shares during the period. Pacific Heights Asset Management LLC grew its holdings in UMH Properties by 62.5% during the fourth quarter. Pacific Heights Asset Management LLC now owns 650,000 shares of the real estate investment trust’s stock worth $10,342,000 after purchasing an additional 250,000 shares during the period. Versor Investments LP grew its holdings in UMH Properties by 143.6% during the fourth quarter. Versor Investments LP now owns 47,500 shares of the real estate investment trust’s stock worth $756,000 after purchasing an additional 28,000 shares during the period. Finally, First Eagle Investment Management LLC grew its holdings in UMH Properties by 6.9% during the fourth quarter. First Eagle Investment Management LLC now owns 716,419 shares of the real estate investment trust’s stock worth $11,398,000 after purchasing an additional 46,000 shares during the period. Institutional investors and hedge funds own 75.40% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Wall Street Zen upgraded UMH Properties from a “sell” rating to a “hold” rating in a report on Sunday, May 10th. Weiss Ratings upgraded UMH Properties from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 4th. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, UMH Properties has a consensus rating of “Hold” and an average price target of $17.17.

View Our Latest Stock Report on UMH

UMH Properties Trading Down 0.0%

Shares of NYSE:UMH opened at $15.30 on Tuesday. UMH Properties, Inc. has a 12-month low of $13.93 and a 12-month high of $17.44. The stock has a market cap of $1.30 billion, a PE ratio of 152.95 and a beta of 0.99. The business has a 50 day moving average of $15.11 and a 200-day moving average of $15.44. The company has a quick ratio of 6.97, a current ratio of 6.97 and a debt-to-equity ratio of 1.20.

UMH Properties (NYSE:UMHGet Free Report) last issued its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.01 by $0.02. UMH Properties had a return on equity of 4.96% and a net margin of 11.03%.The company had revenue of $65.84 million during the quarter, compared to analysts’ expectations of $59.35 million. UMH Properties has set its FY 2026 guidance at 0.980-1.040 EPS. As a group, equities research analysts forecast that UMH Properties, Inc. will post 0.99 earnings per share for the current year.

UMH Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 15th will be issued a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date is Friday, May 15th. UMH Properties’s payout ratio is currently 900.00%.

UMH Properties Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for UMH Properties (NYSE:UMH)

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