Private Management Group Inc. Has $29.84 Million Stock Holdings in UMH Properties, Inc. $UMH

Private Management Group Inc. increased its position in shares of UMH Properties, Inc. (NYSE:UMH) by 1.7% in the 2nd quarter, Holdings Channel.com reports. The fund owned 1,970,696 shares of the real estate investment trust’s stock after buying an additional 33,589 shares during the quarter. Private Management Group Inc.’s holdings in UMH Properties were worth $29,836,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. William Blair Investment Management LLC purchased a new stake in shares of UMH Properties during the 2nd quarter worth about $10,175,000. D.A. Davidson & CO. increased its holdings in UMH Properties by 4.2% in the first quarter. D.A. Davidson & CO. now owns 1,771,311 shares of the real estate investment trust’s stock worth $25,560,000 after buying an additional 71,015 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in UMH Properties in the second quarter worth approximately $1,067,000. First Trust Advisors LP raised its position in UMH Properties by 695.1% during the first quarter. First Trust Advisors LP now owns 87,881 shares of the real estate investment trust’s stock valued at $1,268,000 after acquiring an additional 76,828 shares in the last quarter. Finally, Legal & General Group Plc raised its position in UMH Properties by 13.1% during the fourth quarter. Legal & General Group Plc now owns 395,578 shares of the real estate investment trust’s stock valued at $6,294,000 after acquiring an additional 45,735 shares in the last quarter. Institutional investors and hedge funds own 75.40% of the company’s stock.

UMH Properties Trading Up 0.1%

NYSE:UMH opened at $16.51 on Friday. The company’s 50 day moving average is $15.71 and its 200-day moving average is $15.41. The company has a quick ratio of 6.90, a current 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 $16.77. The firm has a market cap of $1.41 billion, a price-to-earnings ratio of 137.58 and a beta of 0.96.

UMH Properties (NYSE:UMH) last posted its quarterly earnings data on Wednesday, August 5th. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.02. UMH Properties had a net margin of 11.55% and a return on equity of 5.40%. The business 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. Equities analysts anticipate that UMH Properties, Inc. will post 0.99 EPS for the current year.

UMH Properties Announces Dividend

The company also recently declared 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. This represents a $0.90 dividend on an annualized basis and a yield of 5.5%. The ex-dividend date is Monday, August 17th. UMH Properties’s dividend payout ratio is 750.00%.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Odeon Capital Group set a $17.50 target price on shares of UMH Properties in a research report on Thursday, July 9th. Wall Street Zen raised shares of UMH Properties from a “sell” rating to a “hold” rating in a research note on Sunday, May 10th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of UMH Properties in a report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, UMH Properties currently has an average rating of “Moderate Buy” and a consensus price target of $17.25.

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.