Pacific Heights Asset Management LLC Increases Stock Holdings in UMH Properties, Inc. $UMH

Pacific Heights Asset Management LLC lifted its stake in UMH Properties, Inc. (NYSE:UMH) by 62.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 650,000 shares of the real estate investment trust’s stock after purchasing an additional 250,000 shares during the quarter. Pacific Heights Asset Management LLC owned about 0.76% of UMH Properties worth $10,342,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in shares of UMH Properties by 1.8% in the 4th quarter. Vanguard Group Inc. now owns 8,128,983 shares of the real estate investment trust’s stock worth $129,332,000 after purchasing an additional 144,368 shares during the period. D.A. Davidson & CO. boosted its holdings in shares of UMH Properties by 15.6% in the 4th quarter. D.A. Davidson & CO. now owns 1,700,296 shares of the real estate investment trust’s stock worth $27,052,000 after purchasing an additional 229,541 shares during the period. Private Management Group Inc. boosted its holdings in shares of UMH Properties by 37.9% in the 3rd quarter. Private Management Group Inc. now owns 1,680,180 shares of the real estate investment trust’s stock worth $24,951,000 after purchasing an additional 461,463 shares during the period. SG Americas Securities LLC boosted its holdings in shares of UMH Properties by 629.3% in the 4th quarter. SG Americas Securities LLC now owns 1,493,476 shares of the real estate investment trust’s stock worth $23,761,000 after purchasing an additional 1,288,703 shares during the period. Finally, Bank of America Corp DE boosted its holdings in shares of UMH Properties by 8.3% in the 2nd quarter. Bank of America Corp DE now owns 1,189,252 shares of the real estate investment trust’s stock worth $19,968,000 after purchasing an additional 91,202 shares during the period. Hedge funds and other institutional investors own 75.40% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on UMH shares. Wall Street Zen raised UMH Properties from a “sell” rating to a “hold” rating in a research note on Sunday, May 10th. Weiss Ratings raised UMH Properties from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, May 4th. Two analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, UMH Properties presently has a consensus rating of “Hold” and a consensus target price of $17.17.

UMH Properties Price Performance

Shares of UMH stock opened at $14.92 on Monday. UMH Properties, Inc. has a 52-week low of $13.93 and a 52-week high of $17.44. 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 firm has a market capitalization of $1.27 billion, a P/E ratio of 149.15 and a beta of 0.99. The stock has a 50 day moving average price of $15.05 and a 200 day moving average price of $15.41.

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

UMH Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 15th will be issued a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a yield of 6.0%. The ex-dividend date is Friday, May 15th. UMH Properties’s dividend payout ratio (DPR) is presently 900.00%.

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.