William Blair Investment Management LLC Sells 523,736 Shares of UMH Properties, Inc. $UMH

William Blair Investment Management LLC lessened its position in shares of UMH Properties, Inc. (NYSE:UMH) by 31.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,133,066 shares of the real estate investment trust’s stock after selling 523,736 shares during the period. William Blair Investment Management LLC’s holdings in UMH Properties were worth $18,027,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Cloud Capital Management LLC bought a new stake in shares of UMH Properties during the third quarter worth approximately $29,000. Danske Bank A S bought a new stake in shares of UMH Properties in the fourth quarter valued at approximately $49,000. Quantbot Technologies LP bought a new stake in shares of UMH Properties in the second quarter valued at approximately $52,000. Creative Financial Designs Inc. ADV boosted its stake 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 valued at $56,000 after buying an additional 1,720 shares during the period. Finally, Signaturefd LLC boosted its stake 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 valued at $57,000 after buying an additional 1,894 shares during the period. Institutional investors own 75.40% of the company’s stock.

Wall Street Analysts Forecast Growth

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

UMH Properties Trading Down 0.0%

Shares of UMH stock opened at $15.30 on Tuesday. The company has a current ratio of 6.97, a quick ratio of 6.97 and a debt-to-equity ratio of 1.20. The stock has a market cap of $1.30 billion, a P/E ratio of 152.95 and a beta of 0.99. The stock has a 50 day simple moving average of $15.11 and a 200 day simple moving average of $15.44. UMH Properties, Inc. has a 1 year low of $13.93 and a 1 year high of $17.44.

UMH Properties (NYSE:UMH) last issued its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.02. The business had revenue of $65.84 million during the quarter, compared to analysts’ expectations of $59.35 million. UMH Properties had a return on equity of 4.96% and a net margin of 11.03%.UMH Properties has set its FY 2026 guidance at 0.980-1.040 EPS. On average, research analysts predict that UMH Properties, Inc. will post 0.99 earnings per share for the current fiscal year.

UMH Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 15th will be given a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a yield of 5.9%. The ex-dividend date is Friday, May 15th. UMH Properties’s payout ratio is currently 900.00%.

About UMH Properties

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.