70,496 Shares in UMH Properties, Inc. $UMH Purchased by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of UMH Properties, Inc. (NYSE:UMH) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor purchased 70,496 shares of the real estate investment trust’s stock, valued at approximately $1,067,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in UMH. Summit Securities Group LLC bought a new stake in UMH Properties in the first quarter worth about $46,000. Danske Bank A S purchased a new position in shares of UMH Properties during the fourth quarter valued at approximately $49,000. Quantbot Technologies LP bought a new position in shares of UMH Properties during the second quarter valued at approximately $52,000. Creative Financial Designs Inc. ADV grew its stake in shares of UMH Properties by 96.9% during 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 buying an additional 1,720 shares during the last quarter. Finally, Quarry LP purchased a new stake in shares of UMH Properties in the third quarter worth approximately $61,000. 75.40% of the stock is owned by hedge funds and other institutional investors.

UMH Properties Trading Down 0.5%

Shares of UMH opened at $16.51 on Friday. The firm has a market capitalization of $1.41 billion, a price-to-earnings ratio of 137.58 and a beta of 0.96. The company has a debt-to-equity ratio of 1.28, a current ratio of 6.90 and a quick ratio of 6.90. UMH Properties, Inc. has a 1-year low of $13.93 and a 1-year high of $16.74. The company has a 50-day moving average of $15.56 and a 200 day moving average of $15.38.

UMH Properties (NYSE:UMH) last issued its earnings results on Wednesday, August 5th. The real estate investment trust reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.02. The business had revenue of $71.64 million for the quarter, compared to the consensus estimate of $60.76 million. UMH Properties had a net margin of 11.55% and a return on equity of 5.40%. UMH Properties has set its FY 2026 guidance at 0.980-1.040 EPS. On average, research analysts expect that UMH Properties, Inc. will post 0.99 EPS for the current year.

UMH Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 17th will be paid a $0.225 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $0.90 annualized dividend and a yield of 5.5%. UMH Properties’s dividend payout ratio is 750.00%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on UMH. Wall Street Zen raised UMH Properties from a “sell” rating to a “hold” rating in a research note on Sunday, May 10th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of UMH Properties in a research report on Friday, July 31st. Finally, Odeon Capital Group set a $17.50 target price on UMH Properties in a research note on Thursday, July 9th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $17.25.

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.