Pacific Heights Asset Management LLC Grows Stake in UMH Properties, Inc. $UMH

Pacific Heights Asset Management LLC lifted its stake in UMH Properties, Inc. (NYSE:UMH) by 62.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 650,000 shares of the real estate investment trust’s stock after acquiring an additional 250,000 shares during the period. Pacific Heights Asset Management LLC’s holdings in UMH Properties were worth $10,342,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Cloud Capital Management LLC bought a new position in shares of UMH Properties in the 3rd quarter worth $29,000. Danske Bank A S bought a new position in shares of UMH Properties in the 4th quarter worth $49,000. Quantbot Technologies LP bought a new position in shares of UMH Properties in the 2nd quarter worth $52,000. Signaturefd LLC raised its position in shares of UMH Properties by 111.8% in the 4th quarter. Signaturefd LLC now owns 3,588 shares of the real estate investment trust’s stock worth $57,000 after acquiring an additional 1,894 shares in the last quarter. Finally, Quarry LP bought a new position in shares of UMH Properties in the 3rd quarter worth $61,000. 75.40% of the stock is owned by institutional investors.

UMH Properties Stock Down 0.0%

Shares of UMH stock opened at $14.92 on Monday. UMH Properties, Inc. has a 1-year low of $13.93 and a 1-year high of $17.44. The stock’s fifty day moving average price is $15.05 and its 200 day moving average price is $15.41. The company has a debt-to-equity ratio of 1.20, a current ratio of 6.97 and a quick ratio of 6.97. The company has a market cap of $1.27 billion, a price-to-earnings ratio of 149.15 and a beta of 0.99.

UMH Properties (NYSE:UMH) last announced its earnings results on Thursday, April 30th. The real estate investment trust reported $0.03 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.02. UMH Properties had a return on equity of 4.96% and a net margin of 11.03%.The firm had revenue of $65.84 million for the quarter, compared to the consensus estimate of $59.35 million. 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 earnings per share for the current fiscal year.

UMH Properties Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 15th will be given a dividend of $0.225 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $0.90 dividend on an annualized basis and a yield of 6.0%. UMH Properties’s payout ratio is currently 900.00%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on UMH shares. Wall Street Zen raised UMH Properties from a “sell” rating to a “hold” rating in a research report on Sunday, May 10th. Weiss Ratings upgraded UMH Properties from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, May 4th. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $17.17.

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.