154,336 Shares in UMH Properties, Inc. $UMH Acquired by Wedge Capital Management L L P NC

Wedge Capital Management L L P NC acquired a new stake in UMH Properties, Inc. (NYSE:UMH) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 154,336 shares of the real estate investment trust’s stock, valued at approximately $2,455,000. Wedge Capital Management L L P NC owned about 0.18% of UMH Properties as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently made changes to their positions in UMH. Cloud Capital Management LLC bought a new stake in UMH Properties during the 3rd quarter valued at $29,000. Quantbot Technologies LP purchased a new position in shares of UMH Properties in the second quarter valued at about $52,000. Quarry LP bought a new position in shares of UMH Properties during the third quarter valued at about $61,000. Spire Wealth Management boosted its holdings in shares of UMH Properties by 41.5% during the third quarter. Spire Wealth Management now owns 4,980 shares of the real estate investment trust’s stock worth $74,000 after purchasing an additional 1,460 shares during the period. Finally, Jones Financial Companies Lllp grew its stake in shares of UMH Properties by 5,629.0% in the third quarter. Jones Financial Companies Lllp now owns 5,729 shares of the real estate investment trust’s stock worth $84,000 after purchasing an additional 5,629 shares during the last quarter. Institutional investors own 75.40% of the company’s stock.

Wall Street Analysts Forecast Growth

UMH has been the topic of a number of research analyst reports. Colliers Securities upgraded UMH Properties to a “buy” rating in a report on Thursday, December 4th. Cantor Fitzgerald reiterated a “neutral” rating and issued a $16.00 price objective on shares of UMH Properties in a research report on Monday, January 5th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of UMH Properties in a research note on Wednesday, January 21st. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $18.00.

UMH Properties Trading Up 0.1%

NYSE UMH opened at $14.33 on Monday. The firm has a market capitalization of $1.22 billion, a PE ratio of 204.66 and a beta of 1.07. The stock’s 50 day moving average is $15.43 and its 200 day moving average is $15.26. UMH Properties, Inc. has a twelve month low of $13.93 and a twelve month high of $19.02. The company has a quick ratio of 8.93, a current ratio of 8.93 and a debt-to-equity ratio of 1.17.

UMH Properties (NYSE:UMH) last posted its quarterly earnings data on Wednesday, February 25th. The real estate investment trust reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.25). UMH Properties had a return on equity of 4.43% and a net margin of 10.12%.The firm had revenue of $66.97 million during the quarter, compared to the consensus estimate of $68.70 million. UMH Properties has set its FY 2026 guidance at 0.970-1.050 EPS. Research analysts forecast that UMH Properties, Inc. will post 0.93 earnings per share for the current fiscal year.

UMH Properties Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Tuesday, February 17th were given a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a yield of 6.3%. The ex-dividend date of this dividend was Tuesday, February 17th. UMH Properties’s dividend payout ratio (DPR) is 1,285.71%.

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.