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

First Trust Advisors LP raised its holdings in UMH Properties, Inc. (NYSE:UMHFree Report) by 695.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 87,881 shares of the real estate investment trust’s stock after purchasing an additional 76,828 shares during the quarter. First Trust Advisors LP owned 0.10% of UMH Properties worth $1,268,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Danske Bank A S bought a new stake in shares of UMH Properties during the 4th quarter worth $49,000. Quantbot Technologies LP bought a new position in UMH Properties during the second quarter valued at about $52,000. Summit Securities Group LLC purchased a new stake in UMH Properties during the first quarter worth about $46,000. Creative Financial Designs Inc. ADV increased its holdings in UMH Properties by 96.9% during 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 buying an additional 1,720 shares during the last quarter. Finally, Signaturefd LLC raised its position in 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 period. 75.40% of the stock is owned by hedge funds and other institutional investors.

UMH Properties Price Performance

Shares of NYSE:UMH 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 quick ratio of 6.90, a current ratio of 6.90 and a debt-to-equity ratio of 1.28. The company has a 50-day moving average price of $15.32 and a two-hundred day moving average price of $15.35. UMH Properties, Inc. has a twelve month low of $13.93 and a twelve month high of $16.65.

UMH Properties (NYSE:UMHGet Free Report) 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 the consensus estimate of $0.03 by $0.02. The company had revenue of $71.64 million for the quarter, compared to analyst estimates of $60.76 million. UMH Properties had a net margin of 11.55% and a return on equity of 5.40%. UMH Properties has set its FY 2026 guidance at 0.980-1.040 EPS. Equities analysts forecast that UMH Properties, Inc. will post 0.99 EPS for the current year.

UMH Properties Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research firms have weighed in on UMH. Wall Street Zen upgraded shares of UMH Properties from a “sell” rating to a “hold” rating in a research note on Sunday, May 10th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of UMH Properties in a report on Friday, July 31st. Finally, Odeon Capital Group set a $17.50 price objective on UMH Properties in a research note on Thursday, July 9th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $17.25.

Check Out Our Latest Report on UMH Properties

About UMH Properties

(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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