Hsbc Holdings PLC Buys New Position in UMH Properties, Inc. $UMH

Hsbc Holdings PLC purchased a new position in shares of UMH Properties, Inc. (NYSE:UMH) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 157,910 shares of the real estate investment trust’s stock, valued at approximately $2,390,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Legal & General Group Plc bought a new position in UMH Properties during the 2nd quarter valued at $5,080,000. The Manufacturers Life Insurance Company bought a new stake in shares of UMH Properties in the 2nd quarter worth $975,000. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of UMH Properties in the 2nd quarter worth $880,000. Capital Square LLC purchased a new stake in shares of UMH Properties in the second quarter valued at about $274,000. Finally, Globeflex Capital L P purchased a new stake in shares of UMH Properties in the second quarter valued at about $533,000. 75.40% of the stock is owned by hedge funds and other institutional investors.

UMH Properties Stock Performance

NYSE UMH opened at $16.51 on Monday. The company has a market capitalization of $1.41 billion, a PE ratio of 137.58 and a beta of 0.96. 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, Inc. has a 52-week low of $13.93 and a 52-week high of $16.77. The company has a 50-day simple moving average of $15.71 and a 200 day simple moving average of $15.41.

UMH Properties (NYSE:UMH) last released its earnings results on Wednesday, August 5th. The real estate investment trust reported $0.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.02. UMH Properties had a net margin of 11.55% and a return on equity of 5.40%. The firm had revenue of $71.64 million for the quarter, compared to analysts’ expectations of $60.76 million. UMH Properties has set its FY 2026 guidance at 0.980-1.040 EPS. On average, research analysts predict that UMH Properties, Inc. will post 0.99 EPS for the current year.

UMH Properties Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 17th will be issued a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date of this dividend is Monday, August 17th. UMH Properties’s payout ratio is 750.00%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on UMH shares. Odeon Capital Group set a $17.50 price target on shares of UMH Properties in a research report on Thursday, July 9th. Wall Street Zen upgraded 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 research note on Friday, July 31st. One equities 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 stock currently has an average rating of “Moderate Buy” and an average price target of $17.25.

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.