672,085 Shares in UMH Properties, Inc. $UMH Purchased by William Blair Investment Management LLC

William Blair Investment Management LLC purchased a new stake in shares of UMH Properties, Inc. (NYSE:UMH) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 672,085 shares of the real estate investment trust’s stock, valued at approximately $10,175,000.

A number of other hedge funds have also recently bought and sold shares of the stock. EP Wealth Advisors LLC bought a new stake in shares of UMH Properties during the 2nd quarter worth approximately $167,000. Bard Associates Inc. acquired a new stake in shares of UMH Properties in the 2nd quarter valued at approximately $128,000. Ieq Capital LLC acquired a new stake in shares of UMH Properties in the 2nd quarter valued at approximately $419,000. Allworth Financial LP bought a new position in shares of UMH Properties in the second quarter valued at $45,000. Finally, NewEdge Wealth LLC bought a new position in shares of UMH Properties in the second quarter valued at $231,000. 75.40% of the stock is currently owned by institutional investors.

UMH Properties Price Performance

UMH Properties stock opened at $16.51 on Monday. The stock has a market cap of $1.41 billion, a P/E ratio of 137.58 and a beta of 0.96. The company has a quick ratio of 6.90, a current ratio of 6.90 and a debt-to-equity ratio of 1.28. UMH Properties, Inc. has a twelve month low of $13.93 and a twelve month high of $16.74. The company’s 50-day moving average price is $15.56 and its two-hundred day moving average price is $15.38.

UMH Properties (NYSE:UMH) last issued its quarterly earnings data on Wednesday, August 5th. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.02. UMH Properties had a net margin of 11.55% and a return on equity of 5.40%. The firm had revenue of $71.64 million during the quarter, compared to the consensus estimate of $60.76 million. UMH Properties has set its FY 2026 guidance at 0.980-1.040 EPS. As a group, analysts expect that UMH Properties, Inc. will post 0.99 EPS for the current year.

UMH Properties Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 17th will be issued a dividend of $0.225 per share. 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 (DPR) is presently 750.00%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on UMH shares. Wall Street Zen upgraded shares of UMH Properties from a “sell” rating to a “hold” rating in a report on Sunday, May 10th. Weiss Ratings reiterated a “hold (c)” rating on shares of UMH Properties in a research note on Friday, July 31st. Finally, Odeon Capital Group set a $17.50 price objective on shares of UMH Properties in a research report on Thursday, July 9th. One equities research 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. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $17.25.

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.