Kennedy Capital Management LLC Acquires 61,111 Shares of UMH Properties, Inc. $UMH

Kennedy Capital Management LLC lifted its holdings in shares of UMH Properties, Inc. (NYSE:UMHFree Report) by 11.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 597,144 shares of the real estate investment trust’s stock after buying an additional 61,111 shares during the quarter. Kennedy Capital Management LLC’s holdings in UMH Properties were worth $9,501,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Osaic Holdings Inc. grew its holdings in shares of UMH Properties by 6.8% during the 2nd quarter. Osaic Holdings Inc. now owns 13,062 shares of the real estate investment trust’s stock valued at $219,000 after purchasing an additional 827 shares during the last quarter. M&G PLC grew its holdings in UMH Properties by 8.2% in the 3rd quarter. M&G PLC now owns 12,000 shares of the real estate investment trust’s stock worth $180,000 after acquiring an additional 909 shares during the last quarter. State of Alaska Department of Revenue grew its holdings in UMH Properties by 2.3% in the 4th quarter. State of Alaska Department of Revenue now owns 43,865 shares of the real estate investment trust’s stock worth $697,000 after acquiring an additional 995 shares during the last quarter. ProShare Advisors LLC grew its holdings in UMH Properties by 7.9% in the 4th quarter. ProShare Advisors LLC now owns 14,676 shares of the real estate investment trust’s stock worth $233,000 after acquiring an additional 1,072 shares during the last quarter. Finally, MetLife Investment Management LLC grew its holdings in UMH Properties by 2.7% in the 4th quarter. MetLife Investment Management LLC now owns 46,979 shares of the real estate investment trust’s stock worth $747,000 after acquiring an additional 1,213 shares during the last quarter. Institutional investors own 75.40% of the company’s stock.

Analyst Upgrades and Downgrades

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

View Our Latest Report on UMH

UMH Properties Trading Down 0.0%

NYSE:UMH opened at $15.28 on Monday. The company has a 50-day moving average price of $15.32 and a 200-day moving average price of $15.46. UMH Properties, Inc. has a 12 month low of $13.93 and a 12 month high of $17.44. The company has a current ratio of 6.97, a quick ratio of 6.97 and a debt-to-equity ratio of 1.20. The stock has a market cap of $1.30 billion, a price-to-earnings ratio of 152.75 and a beta of 0.97.

UMH Properties (NYSE:UMHGet Free Report) last posted its earnings results on Thursday, April 30th. The real estate investment trust reported $0.03 EPS for the quarter, topping the consensus estimate of $0.01 by $0.02. UMH Properties had a net margin of 11.03% and a return on equity of 4.96%. The firm 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. Equities analysts predict that UMH Properties, Inc. will post 0.99 EPS for the current year.

UMH Properties Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 15th will be given a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a yield of 5.9%. The ex-dividend date of this dividend is Friday, May 15th. UMH Properties’s dividend payout ratio (DPR) is 900.00%.

About UMH Properties

(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

Want to see what other hedge funds are holding UMH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for UMH Properties, Inc. (NYSE:UMHFree Report).

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

Receive News & Ratings for UMH Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UMH Properties and related companies with MarketBeat.com's FREE daily email newsletter.