SG Americas Securities LLC Trims Position in UMH Properties, Inc. $UMH

SG Americas Securities LLC decreased its position in shares of UMH Properties, Inc. (NYSE:UMHFree Report) by 33.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 988,065 shares of the real estate investment trust’s stock after selling 505,411 shares during the quarter. SG Americas Securities LLC’s holdings in UMH Properties were worth $14,258,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the company. Danske Bank A S acquired a new stake in UMH Properties during the fourth quarter worth about $49,000. Quantbot Technologies LP acquired a new position in UMH Properties in the 2nd quarter valued at about $52,000. Creative Financial Designs Inc. ADV boosted its holdings in UMH Properties by 96.9% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 3,495 shares of the real estate investment trust’s stock valued at $56,000 after purchasing an additional 1,720 shares during the last quarter. Signaturefd LLC grew its stake in shares of UMH Properties by 111.8% in the 4th quarter. Signaturefd LLC now owns 3,588 shares of the real estate investment trust’s stock valued at $57,000 after buying an additional 1,894 shares during the period. Finally, Quarry LP purchased a new stake in shares of UMH Properties in the 3rd quarter valued at approximately $61,000. Hedge funds and other institutional investors own 75.40% of the company’s stock.

Wall Street Analysts Forecast Growth

UMH has been the topic of a number of recent analyst reports. Weiss Ratings upgraded UMH Properties from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 4th. Wall Street Zen raised UMH Properties from a “sell” rating to a “hold” rating in a research note on Sunday, May 10th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $17.17.

Get Our Latest Analysis on UMH Properties

UMH Properties Trading Down 1.5%

NYSE UMH opened at $15.11 on Friday. The firm’s 50-day moving average is $15.33 and its two-hundred day moving average is $15.46. UMH Properties, Inc. has a 12 month low of $13.93 and a 12 month high of $17.44. The company has a debt-to-equity ratio of 1.20, a current ratio of 6.97 and a quick ratio of 6.97. The stock has a market capitalization of $1.29 billion, a P/E ratio of 151.05 and a beta of 0.97.

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

UMH Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 15th were given a dividend of $0.225 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 6.0%. UMH Properties’s dividend payout ratio (DPR) is presently 900.00%.

UMH Properties Profile

(Free Report)

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.

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Institutional Ownership by Quarter for UMH Properties (NYSE:UMH)

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