UMH Properties, Inc. $UMH Holdings Boosted by Private Management Group Inc.

Private Management Group Inc. raised its position in shares of UMH Properties, Inc. (NYSE:UMH) by 37.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 1,680,180 shares of the real estate investment trust’s stock after acquiring an additional 461,463 shares during the period. Private Management Group Inc.’s holdings in UMH Properties were worth $24,951,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of UMH. Cloud Capital Management LLC acquired a new stake in shares of UMH Properties in the third quarter worth $29,000. KBC Group NV raised its position in UMH Properties by 74.0% during the second quarter. KBC Group NV now owns 3,005 shares of the real estate investment trust’s stock valued at $50,000 after buying an additional 1,278 shares during the period. Quantbot Technologies LP purchased a new stake in UMH Properties in the 2nd quarter worth about $52,000. Spire Wealth Management lifted its stake in UMH Properties by 41.5% in the 3rd quarter. Spire Wealth Management now owns 4,980 shares of the real estate investment trust’s stock worth $74,000 after acquiring an additional 1,460 shares in the last quarter. Finally, AlphaCore Capital LLC acquired a new stake in UMH Properties during the 2nd quarter worth about $90,000. Hedge funds and other institutional investors own 75.40% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on UMH shares. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $16.00 target price on shares of UMH Properties in a research note on Monday, January 5th. B. Riley Financial reduced their price target on shares of UMH Properties from $19.00 to $18.50 and set a “buy” rating for the company in a research report on Monday, November 24th. Weiss Ratings restated a “hold (c)” rating on shares of UMH Properties in a report on Wednesday, January 21st. Finally, Colliers Securities raised shares of UMH Properties to a “buy” rating in a research report on Thursday, December 4th. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, UMH Properties presently has an average rating of “Moderate Buy” and an average price target of $18.00.

UMH Properties Stock Down 0.5%

Shares of UMH stock opened at $14.64 on Friday. The stock’s 50 day simple moving average is $15.76 and its 200 day simple moving average is $15.32. UMH Properties, Inc. has a twelve month low of $13.95 and a twelve month high of $19.02. The company has a debt-to-equity ratio of 1.17, a quick ratio of 8.93 and a current ratio of 8.93. The company has a market capitalization of $1.24 billion, a price-to-earnings ratio of 209.20, a PEG ratio of 2.48 and a beta of 1.07.

UMH Properties (NYSE:UMH) last announced its earnings results on Wednesday, February 25th. The real estate investment trust reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.25). UMH Properties had a return on equity of 4.43% and a net margin of 10.12%.The company had revenue of $66.97 million for the quarter, compared to the consensus estimate of $68.70 million. UMH Properties has set its FY 2026 guidance at 0.970-1.050 EPS. As a group, research analysts predict that UMH Properties, Inc. will post 0.93 EPS for the current year.

UMH Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Tuesday, February 17th will be issued a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a dividend yield of 6.1%. The ex-dividend date of this dividend is Tuesday, February 17th. UMH Properties’s dividend payout ratio is currently 1,285.71%.

About UMH Properties

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.