UMH Properties, Inc. $UMH Shares Purchased by North Star Investment Management Corp.

North Star Investment Management Corp. increased its stake in shares of UMH Properties, Inc. (NYSE:UMH) by 22.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 205,409 shares of the real estate investment trust’s stock after acquiring an additional 37,389 shares during the period. North Star Investment Management Corp.’s holdings in UMH Properties were worth $3,163,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. BlackRock Inc. acquired a new position in UMH Properties in the second quarter valued at approximately $127,139,000. Bank of America Corp DE purchased a new stake in UMH Properties in the 2nd quarter worth approximately $15,655,000. Pacific Heights Asset Management LLC acquired a new stake in shares of UMH Properties during the 2nd quarter worth approximately $10,598,000. William Blair Investment Management LLC acquired a new stake in shares of UMH Properties during the 2nd quarter worth approximately $10,175,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of UMH Properties during the 2nd quarter worth approximately $7,212,000. 75.40% of the stock is currently owned by hedge funds and other institutional investors.

UMH Properties Stock Performance

NYSE UMH opened at $15.00 on Thursday. The stock has a market capitalization of $1.28 billion, a price-to-earnings ratio of 124.97 and a beta of 0.98. The stock has a 50-day moving average of $15.67 and a 200 day moving average of $15.48. The company has a current ratio of 6.90, a quick ratio of 6.90 and a debt-to-equity ratio of 1.28. UMH Properties, Inc. has a twelve month low of $13.93 and a twelve month high of $16.77.

UMH Properties (NYSE:UMH) last issued its quarterly earnings data 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. UMH Properties had a return on equity of 5.40% and a net margin of 11.55%. The company had revenue of $71.64 million for the quarter, compared to analyst estimates of $60.76 million. UMH Properties has set its FY 2026 guidance at 0.980-1.040 EPS. Sell-side analysts anticipate that UMH Properties, Inc. will post 0.99 EPS for the current fiscal year.

UMH Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Monday, November 16th will be given a dividend of $0.2250 per share. This represents a $0.90 annualized dividend and a dividend yield of 6.0%. The ex-dividend date is Monday, November 16th. UMH Properties’s dividend payout ratio is 750.00%.

Analyst Ratings Changes

Several research firms have recently weighed in on UMH. Odeon Capital Group set a $17.50 target price on shares of UMH Properties in a report on Thursday, July 9th. Weiss Ratings reissued a “hold (c)” rating on shares of UMH Properties in a report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $17.25.

About UMH Properties

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