Globeflex Capital L P Buys Shares of 35,200 UMH Properties, Inc. $UMH

Globeflex Capital L P purchased a new position in UMH Properties, Inc. (NYSE:UMH) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 35,200 shares of the real estate investment trust’s stock, valued at approximately $533,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Royal Bank of Canada lifted its holdings in shares of UMH Properties by 2.9% during the 1st quarter. Royal Bank of Canada now owns 191,545 shares of the real estate investment trust’s stock worth $3,583,000 after acquiring an additional 5,409 shares during the last quarter. Amundi grew its position in UMH Properties by 15.6% in the first quarter. Amundi now owns 41,420 shares of the real estate investment trust’s stock worth $778,000 after acquiring an additional 5,590 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in UMH Properties by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,976 shares of the real estate investment trust’s stock valued at $804,000 after acquiring an additional 1,871 shares during the last quarter. Creative Planning bought a new position in UMH Properties in the second quarter valued at $244,000. Finally, Prudential Financial Inc. purchased a new stake in UMH Properties during the second quarter valued at about $181,000. Institutional investors own 75.40% of the company’s stock.

Analyst Upgrades and Downgrades

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

UMH Properties Trading Down 0.2%

Shares of UMH opened at $16.59 on Wednesday. UMH Properties, Inc. has a fifty-two week low of $13.93 and a fifty-two week high of $16.77. The firm has a market cap of $1.42 billion, a price-to-earnings ratio of 138.21 and a beta of 0.96. The firm has a 50 day moving average price of $15.62 and a 200-day moving average price of $15.39. The company has a debt-to-equity ratio of 1.28, a quick ratio of 6.90 and a current ratio of 6.90.

UMH Properties (NYSE:UMH) last released its earnings results on Wednesday, August 5th. The real estate investment trust reported $0.05 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. As a group, equities research analysts forecast that UMH Properties, Inc. will post 0.99 earnings per share for the current year.

UMH Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 17th will be given a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a yield of 5.4%. The ex-dividend date is Monday, August 17th. UMH Properties’s dividend payout ratio is presently 750.00%.

UMH Properties Company 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.