UMH Properties, Inc. $UMH Shares Acquired by Private Management Group Inc.

Private Management Group Inc. raised its holdings in shares of UMH Properties, Inc. (NYSE:UMH) by 1.7% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,970,696 shares of the real estate investment trust’s stock after buying an additional 33,589 shares during the period. Private Management Group Inc. owned about 2.31% of UMH Properties worth $29,836,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Royal Bank of Canada lifted its position in shares of UMH Properties by 2.9% during the 1st quarter. Royal Bank of Canada now owns 191,545 shares of the real estate investment trust’s stock valued at $3,583,000 after acquiring an additional 5,409 shares during the last quarter. Amundi grew its holdings in shares of UMH Properties by 15.6% in the 1st quarter. Amundi now owns 41,420 shares of the real estate investment trust’s stock worth $778,000 after acquiring an additional 5,590 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of UMH Properties by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,976 shares of the real estate investment trust’s stock worth $804,000 after purchasing an additional 1,871 shares during the period. Creative Planning acquired a new stake in shares of UMH Properties during the second quarter worth $244,000. Finally, Prudential Financial Inc. purchased a new stake in shares of UMH Properties during the second quarter valued at $181,000. Institutional investors and hedge funds own 75.40% of the company’s stock.

Analysts Set New Price Targets

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

UMH Properties Trading Up 0.1%

NYSE UMH opened at $16.51 on Friday. The firm’s 50 day moving average price is $15.71 and its two-hundred day moving average price is $15.41. The company has a debt-to-equity ratio of 1.28, a quick ratio of 6.90 and a current ratio of 6.90. UMH Properties, Inc. has a twelve month low of $13.93 and a twelve month high of $16.77. The stock has a market cap of $1.41 billion, a price-to-earnings ratio of 137.58 and a beta of 0.96.

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

UMH Properties Announces Dividend

The firm 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 5.5%. The ex-dividend date of this dividend is Monday, August 17th. UMH Properties’s dividend payout ratio is currently 750.00%.

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.