UMH Properties, Inc. $UMH Shares Sold by Deprince Race & Zollo Inc.

Deprince Race & Zollo Inc. cut its stake in shares of UMH Properties, Inc. (NYSE:UMH) by 23.2% in the 1st quarter, Holdings Channel reports. The institutional investor owned 169,431 shares of the real estate investment trust’s stock after selling 51,260 shares during the quarter. Deprince Race & Zollo Inc.’s holdings in UMH Properties were worth $2,445,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Inspire Investing LLC boosted its holdings in UMH Properties by 21.2% in the first quarter. Inspire Investing LLC now owns 35,667 shares of the real estate investment trust’s stock valued at $515,000 after acquiring an additional 6,250 shares during the last quarter. Hsbc Holdings PLC increased its stake in UMH Properties by 24.3% during the fourth quarter. Hsbc Holdings PLC now owns 130,125 shares of the real estate investment trust’s stock worth $2,070,000 after acquiring an additional 25,436 shares during the last quarter. T. Rowe Price Investment Management Inc. increased its stake in UMH Properties by 5.7% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 4,386,288 shares of the real estate investment trust’s stock worth $69,786,000 after acquiring an additional 237,609 shares during the last quarter. Invesco Ltd. raised its holdings in shares of UMH Properties by 200.2% in the 4th quarter. Invesco Ltd. now owns 602,771 shares of the real estate investment trust’s stock worth $9,590,000 after purchasing an additional 401,990 shares during the period. Finally, Mercer Global Advisors Inc. ADV raised its holdings in shares of UMH Properties by 32.2% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 28,188 shares of the real estate investment trust’s stock worth $448,000 after purchasing an additional 6,869 shares during the period. 75.40% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

UMH has been the topic of a number of recent research reports. Weiss Ratings raised shares of UMH Properties from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, May 4th. Wall Street Zen raised shares of UMH Properties from a “sell” rating to a “hold” rating in a research note on Sunday, May 10th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $17.17.

UMH Properties Trading Up 1.3%

Shares of UMH opened at $15.47 on Friday. The company has a market capitalization of $1.32 billion, a P/E ratio of 154.73 and a beta of 0.96. UMH Properties, Inc. has a one year low of $13.93 and a one year high of $17.44. The company has a debt-to-equity ratio of 1.20, a quick ratio of 6.97 and a current ratio of 6.97. The stock has a 50-day moving average price of $15.32 and a 200 day moving average price of $15.45.

UMH Properties (NYSE:UMH) last issued its quarterly earnings results 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. The business had revenue of $65.84 million during the quarter, compared to analyst estimates of $59.35 million. UMH Properties had a net margin of 11.03% and a return on equity of 4.96%. UMH Properties has set its FY 2026 guidance at 0.980-1.040 EPS. Sell-side analysts forecast that UMH Properties, Inc. will post 0.99 EPS for the current fiscal year.

UMH Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 17th will be issued a $0.225 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $0.90 dividend on an annualized basis and a yield of 5.8%. UMH Properties’s dividend payout ratio (DPR) is currently 900.00%.

UMH Properties Profile

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.