Private Management Group Inc. Has $29.31 Million Position in UMH Properties, Inc. $UMH

Private Management Group Inc. boosted its position in shares of UMH Properties, Inc. (NYSE:UMH) by 9.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm 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. owned 2.16% of UMH Properties worth $29,310,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Osaic Holdings Inc. raised its position in shares of UMH Properties by 6.8% in the second quarter. Osaic Holdings Inc. now owns 13,062 shares of the real estate investment trust’s stock valued at $219,000 after purchasing an additional 827 shares during the period. M&G PLC raised its position in shares of UMH Properties by 8.2% in the third quarter. M&G PLC now owns 12,000 shares of the real estate investment trust’s stock valued at $180,000 after purchasing an additional 909 shares during the period. State of Alaska Department of Revenue raised its position in shares of UMH Properties by 2.3% in the fourth quarter. State of Alaska Department of Revenue now owns 43,865 shares of the real estate investment trust’s stock valued at $697,000 after purchasing an additional 995 shares during the period. ProShare Advisors LLC raised its position in shares of UMH Properties by 7.9% in the fourth quarter. ProShare Advisors LLC now owns 14,676 shares of the real estate investment trust’s stock valued at $233,000 after purchasing an additional 1,072 shares during the period. Finally, Daiwa Securities Group Inc. raised its position in shares of UMH Properties by 4.4% in the fourth quarter. Daiwa Securities Group Inc. now owns 30,562 shares of the real estate investment trust’s stock valued at $486,000 after purchasing an additional 1,285 shares during the period. Institutional investors and hedge funds own 75.40% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on UMH. Weiss Ratings raised shares of UMH Properties from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, May 4th. Wall Street Zen raised shares of UMH Properties from a “sell” rating to a “hold” rating in a research report on Sunday, May 10th. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, UMH Properties presently has a consensus rating of “Hold” and an average price target of $17.17.

UMH Properties Trading Down 1.0%

UMH stock opened at $15.19 on Friday. The company has a debt-to-equity ratio of 1.20, a quick ratio of 6.97 and a current ratio of 6.97. The company’s 50-day simple moving average is $15.31 and its 200 day simple moving average is $15.46. UMH Properties, Inc. has a 52 week low of $13.93 and a 52 week high of $17.44. The company has a market capitalization of $1.29 billion, a PE ratio of 151.94 and a beta of 0.97.

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

UMH Properties Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 15th will be issued a $0.225 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 5.9%. UMH Properties’s dividend payout ratio is 900.00%.

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.