Capital Research Global Investors Lowers Position in UMH Properties, Inc. $UMH

Capital Research Global Investors lessened its holdings in UMH Properties, Inc. (NYSE:UMH) by 29.0% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,607,487 shares of the real estate investment trust’s stock after selling 1,063,816 shares during the period. Capital Research Global Investors’ holdings in UMH Properties were worth $41,485,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in UMH. SG Americas Securities LLC raised its position in shares of UMH Properties by 629.3% in the fourth quarter. SG Americas Securities LLC now owns 1,493,476 shares of the real estate investment trust’s stock worth $23,761,000 after buying an additional 1,288,703 shares in the last quarter. Goldman Sachs Group Inc. raised its position in shares of 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 worth $29,672,000 after buying an additional 980,043 shares in the last quarter. Private Management Group Inc. raised its position in shares of UMH Properties by 37.9% in the third quarter. Private Management Group Inc. now owns 1,680,180 shares of the real estate investment trust’s stock worth $24,951,000 after buying an additional 461,463 shares in the last quarter. Citigroup Inc. raised its position in UMH Properties by 141.8% during the third quarter. Citigroup Inc. now owns 760,243 shares of the real estate investment trust’s stock valued at $11,290,000 after purchasing an additional 445,834 shares in the last quarter. Finally, Pacific Heights Asset Management LLC raised its position in UMH Properties by 62.5% during the fourth 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 purchasing 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 Analyst Weigh In

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

UMH Properties Trading Up 1.2%

NYSE UMH opened at $15.30 on Wednesday. The stock’s 50-day simple moving average is $15.28 and its two-hundred day simple moving average is $15.46. UMH Properties, Inc. has a twelve month low of $13.93 and a twelve month high of $17.44. The company has a quick ratio of 6.97, a current ratio of 6.97 and a debt-to-equity ratio of 1.20. The company has a market capitalization of $1.30 billion, a price-to-earnings ratio of 152.95 and a beta of 0.97.

UMH Properties (NYSE:UMH) last released its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.03 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.02. UMH Properties had a return on equity of 4.96% and a net margin of 11.03%.The business 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. Research analysts forecast that UMH Properties, Inc. will post 0.99 EPS for the current fiscal year.

UMH Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 15th will be paid a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a dividend 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%.

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.