Private Management Group Inc. Buys 162,049 Shares of UMH Properties, Inc. $UMH

Private Management Group Inc. raised its stake in UMH Properties, Inc. (NYSE:UMH) by 9.6% in the fourth quarter, Holdings Channel reports. The fund owned 1,842,229 shares of the real estate investment trust’s stock after purchasing an additional 162,049 shares during the quarter. Private Management Group Inc.’s holdings in UMH Properties were worth $29,310,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Danske Bank A S bought a new position in shares of UMH Properties in the fourth quarter worth about $49,000. Quantbot Technologies LP bought a new position in shares of UMH Properties in the second quarter worth about $52,000. Creative Financial Designs Inc. ADV lifted its holdings in shares of UMH Properties by 96.9% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 3,495 shares of the real estate investment trust’s stock worth $56,000 after acquiring an additional 1,720 shares during the last quarter. Signaturefd LLC lifted its holdings in shares of UMH Properties by 111.8% in the fourth 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 during the last quarter. Finally, Quarry LP bought a new position in shares of UMH Properties in the third quarter worth about $61,000. Institutional investors own 75.40% of the company’s stock.

UMH Properties Trading Down 1.0%

NYSE:UMH opened at $15.19 on Friday. The firm’s fifty day moving average is $15.31 and its 200-day moving average is $15.46. The company has a debt-to-equity ratio of 1.20, a quick ratio of 6.97 and a current ratio of 6.97. UMH Properties, Inc. has a 52 week low of $13.93 and a 52 week high of $17.44. The firm has a market cap of $1.29 billion, a P/E ratio of 151.94 and a beta of 0.97.

UMH Properties (NYSE:UMH) last posted its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.03 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.02. UMH Properties had a net margin of 11.03% and a return on equity of 4.96%. The company had revenue of $65.84 million for the quarter, compared to analyst estimates of $59.35 million. UMH Properties has set its FY 2026 guidance at 0.980-1.040 EPS. Equities analysts expect that UMH Properties, Inc. will post 0.99 earnings per share for the current year.

UMH Properties Dividend Announcement

The company 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 $0.225 dividend. 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 is currently 900.00%.

Analyst Upgrades and Downgrades

UMH has been the subject of a number of research reports. Weiss Ratings upgraded shares of UMH Properties from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 4th. Wall Street Zen upgraded shares of UMH Properties from a “sell” rating to a “hold” rating in a report on Sunday, May 10th. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, UMH Properties presently has an average rating of “Hold” and an average target price 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.