UMH Properties, Inc. $UMH Stock Position Boosted by D.A. Davidson & CO.

D.A. Davidson & CO. raised its holdings in UMH Properties, Inc. (NYSE:UMH) by 28.5% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 2,497,888 shares of the real estate investment trust’s stock after buying an additional 554,750 shares during the period. D.A. Davidson & CO.’s holdings in UMH Properties were worth $38,467,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. North Star Investment Management Corp. boosted its stake in shares of UMH Properties by 22.3% during the third quarter. North Star Investment Management Corp. now owns 205,409 shares of the real estate investment trust’s stock valued at $3,163,000 after purchasing an additional 37,389 shares during the period. Asset Management One Co. Ltd. grew its holdings in shares of UMH Properties by 1.1% in the third quarter. Asset Management One Co. Ltd. now owns 134,984 shares of the real estate investment trust’s stock worth $2,079,000 after purchasing an additional 1,409 shares during the last quarter. Capital Square LLC increased its stake in UMH Properties by 29.9% in the 3rd quarter. Capital Square LLC now owns 23,325 shares of the real estate investment trust’s stock worth $359,000 after buying an additional 5,362 shares during the period. Ulland Investment Advisors LLC increased its stake in UMH Properties by 5.0% in the 3rd quarter. Ulland Investment Advisors LLC now owns 79,795 shares of the real estate investment trust’s stock worth $1,229,000 after buying an additional 3,780 shares during the period. Finally, Farther Finance Advisors LLC increased its stake in UMH Properties by 56.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,039 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 733 shares during the period. Hedge funds and other institutional investors own 75.40% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Odeon Capital Group set a $17.50 price objective on shares of UMH Properties in a report on Thursday, July 9th. Weiss Ratings restated a “hold (c)” rating on shares of UMH Properties in a research note on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, UMH Properties currently has an average rating of “Moderate Buy” and an average target price of $17.25.

UMH Properties Stock Performance

UMH stock opened at $15.00 on Thursday. The firm has a market cap of $1.28 billion, a price-to-earnings ratio of 124.97 and a beta of 0.98. The firm has a 50-day simple moving average of $15.67 and a two-hundred day simple moving average of $15.48. UMH Properties, Inc. has a one year low of $13.93 and a one year high of $16.77. 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 (NYSE:UMH) last released its quarterly 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 business 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, equities analysts forecast that UMH Properties, Inc. will post 0.99 EPS for the current fiscal year.

UMH Properties Announces Dividend

The company also recently announced 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. The ex-dividend date of this dividend is Monday, November 16th. This represents a $0.90 dividend on an annualized basis and a yield of 6.0%. UMH Properties’s dividend payout ratio is presently 750.00%.

About UMH Properties

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