UMH Properties, Inc. $UMH Shares Purchased by North Star Investment Management Corp.

North Star Investment Management Corp. lifted its position in UMH Properties, Inc. (NYSE:UMH) by 22.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 205,409 shares of the real estate investment trust’s stock after acquiring an additional 37,389 shares during the period. North Star Investment Management Corp.’s holdings in UMH Properties were worth $3,163,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in UMH. BlackRock Inc. acquired a new position in UMH Properties in the 2nd quarter valued at $127,139,000. Private Management Group Inc. boosted its stake in UMH Properties by 1.7% during the 2nd quarter. Private Management Group Inc. now owns 1,970,696 shares of the real estate investment trust’s stock worth $29,836,000 after purchasing an additional 33,589 shares during the last quarter. D.A. Davidson & CO. boosted its stake in UMH Properties by 4.2% during the 1st quarter. D.A. Davidson & CO. now owns 1,771,311 shares of the real estate investment trust’s stock worth $25,560,000 after purchasing an additional 71,015 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in UMH Properties by 3.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,175,769 shares of the real estate investment trust’s stock worth $16,966,000 after purchasing an additional 42,964 shares during the last quarter. Finally, Bank of America Corp DE acquired a new stake in UMH Properties during the 2nd quarter worth $15,655,000. 75.40% of the stock is currently owned by hedge funds and other institutional investors.

UMH Properties Trading Down 2.2%

UMH opened at $15.00 on Thursday. The company has a debt-to-equity ratio of 1.28, a current ratio of 6.90 and a quick ratio of 6.90. The company’s 50 day simple moving average is $15.67 and its two-hundred day simple moving average is $15.48. UMH Properties, Inc. has a 1-year low of $13.93 and a 1-year high of $16.77. The firm has a market capitalization of $1.28 billion, a price-to-earnings ratio of 124.97 and a beta of 0.98.

UMH Properties (NYSE:UMH) last posted its quarterly 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. The business had revenue of $71.64 million during the quarter, compared to analyst estimates of $60.76 million. UMH Properties had a return on equity of 5.40% and a net margin of 11.55%. UMH Properties has set its FY 2026 guidance at 0.980-1.040 EPS. Analysts expect that UMH Properties, Inc. will post 0.99 EPS for the current fiscal year.

UMH Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Monday, November 16th will be given a dividend of $0.2250 per share. The ex-dividend date is Monday, November 16th. This represents a $0.90 dividend on an annualized basis and a yield of 6.0%. UMH Properties’s dividend payout ratio (DPR) is presently 750.00%.

Analyst Upgrades and Downgrades

UMH has been the subject of a number of research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of UMH Properties in a report on Friday, July 31st. Odeon Capital Group set a $17.50 price target on shares of UMH Properties in a research note on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, UMH Properties presently has a consensus rating of “Moderate Buy” and a consensus target price of $17.25.

UMH Properties Profile

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