GSA Capital Partners LLP Purchases New Position in UMH Properties, Inc. $UMH

GSA Capital Partners LLP purchased a new position in UMH Properties, Inc. (NYSE:UMH) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 41,186 shares of the real estate investment trust’s stock, valued at approximately $624,000.

A number of other hedge funds also recently bought and sold shares of the business. Goldman Sachs Group Inc. grew its holdings in UMH Properties by 110.7% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,865,018 shares of the real estate investment trust’s stock valued at $29,672,000 after purchasing an additional 980,043 shares during the period. Schroder Investment Management Group acquired a new position in shares of UMH Properties during the 4th quarter worth approximately $11,891,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of UMH Properties during the 4th quarter worth approximately $6,696,000. Invesco Ltd. lifted its position in shares of UMH Properties by 200.2% during the 4th quarter. Invesco Ltd. now owns 602,771 shares of the real estate investment trust’s stock valued at $9,590,000 after buying an additional 401,990 shares in the last quarter. Finally, Pacific Heights Asset Management LLC lifted its position in shares of UMH Properties by 62.5% during the 4th quarter. Pacific Heights Asset Management LLC now owns 650,000 shares of the real estate investment trust’s stock valued at $10,342,000 after buying an additional 250,000 shares in the last quarter. Hedge funds and other institutional investors own 75.40% of the company’s stock.

Wall Street Analysts Forecast Growth

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

UMH Properties Price Performance

NYSE:UMH opened at $16.64 on Friday. UMH Properties, Inc. has a 12 month low of $13.93 and a 12 month high of $16.74. The stock has a 50 day moving average of $15.53 and a two-hundred day moving average of $15.37. The company has a current ratio of 6.90, a quick ratio of 6.90 and a debt-to-equity ratio of 1.28. The firm has a market cap of $1.42 billion, a P/E ratio of 138.67 and a beta of 0.96.

UMH Properties (NYSE:UMH) last announced its earnings results on Wednesday, August 5th. The real estate investment trust reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.02. The business had revenue of $71.64 million during the quarter, compared to analysts’ expectations of $60.76 million. UMH Properties had a return on equity of 5.40% and a net margin of 11.55%.UMH Properties has set its FY 2026 guidance at 0.980-1.040 EPS. On average, analysts expect that UMH Properties, Inc. will post 0.99 earnings per share for the current fiscal 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. This represents a $0.90 annualized dividend and a yield of 5.4%. The ex-dividend date of this dividend is Monday, August 17th. UMH Properties’s dividend payout ratio is currently 750.00%.

UMH Properties Company 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.