First Trust Advisors LP Boosts Position in UMH Properties, Inc. $UMH

First Trust Advisors LP grew its stake in shares of UMH Properties, Inc. (NYSE:UMHFree Report) by 695.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 87,881 shares of the real estate investment trust’s stock after buying an additional 76,828 shares during the period. First Trust Advisors LP’s holdings in UMH Properties were worth $1,268,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of UMH. Summit Securities Group LLC purchased a new position in UMH Properties during the first quarter valued at approximately $46,000. Danske Bank A S purchased a new stake in UMH Properties in the 4th quarter worth approximately $49,000. Quantbot Technologies LP bought a new position in UMH Properties in the 2nd quarter valued at $52,000. Creative Financial Designs Inc. ADV boosted its holdings in UMH Properties by 96.9% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 3,495 shares of the real estate investment trust’s stock valued at $56,000 after purchasing an additional 1,720 shares during the period. Finally, Signaturefd LLC grew its position in shares of UMH Properties by 111.8% during the 4th quarter. Signaturefd LLC now owns 3,588 shares of the real estate investment trust’s stock valued at $57,000 after purchasing an additional 1,894 shares in the last quarter. 75.40% of the stock is owned by hedge funds and other institutional investors.

UMH Properties Price Performance

Shares of UMH Properties stock opened at $15.95 on Monday. The firm has a market capitalization of $1.36 billion, a PE ratio of 132.94 and a beta of 0.96. The company has a current ratio of 6.90, a quick ratio of 6.90 and a debt-to-equity ratio of 1.28. UMH Properties, Inc. has a 12 month low of $13.93 and a 12 month high of $16.65. The business’s 50-day moving average price is $15.32 and its 200-day moving average price is $15.35.

UMH Properties (NYSE:UMHGet Free Report) last released its earnings results on Wednesday, August 5th. The real estate investment trust reported $0.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.02. UMH Properties had a return on equity of 5.40% and a net margin of 11.55%.The company 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. Sell-side analysts forecast that UMH Properties, Inc. will post 0.99 EPS for the current fiscal year.

UMH Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 17th will be issued a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date is Monday, August 17th. UMH Properties’s payout ratio is presently 750.00%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on UMH. Odeon Capital Group set a $17.50 price target on shares of UMH Properties in a report on Thursday, July 9th. Wall Street Zen raised UMH Properties from a “sell” rating to a “hold” rating in a research note on Sunday, May 10th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of UMH Properties in a research report on Friday, July 31st. One investment 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 company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $17.25.

Check Out Our Latest Stock Report on UMH

UMH Properties Profile

(Free Report)

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.

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Institutional Ownership by Quarter for UMH Properties (NYSE:UMH)

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