William Blair Investment Management LLC Invests $10.18 Million in UMH Properties, Inc. $UMH

William Blair Investment Management LLC purchased a new stake in UMH Properties, Inc. (NYSE:UMH) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 672,085 shares of the real estate investment trust’s stock, valued at approximately $10,175,000. William Blair Investment Management LLC owned 0.79% of UMH Properties as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. BlackRock Inc. bought a new position in UMH Properties during the second quarter worth about $127,139,000. Vanguard Group Inc. increased its holdings in shares of UMH Properties by 1.8% in the fourth quarter. Vanguard Group Inc. now owns 8,128,983 shares of the real estate investment trust’s stock worth $129,332,000 after acquiring an additional 144,368 shares in the last quarter. T. Rowe Price Investment Management Inc. increased its holdings in shares of UMH Properties by 5.7% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 4,386,288 shares of the real estate investment trust’s stock worth $69,786,000 after acquiring an additional 237,609 shares in the last quarter. Geode Capital Management LLC raised its position in shares of UMH Properties by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 2,072,652 shares of the real estate investment trust’s stock worth $32,982,000 after purchasing an additional 16,978 shares during the period. Finally, Goldman Sachs Group Inc. raised its position in shares of UMH Properties by 110.7% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,865,018 shares of the real estate investment trust’s stock worth $29,672,000 after purchasing an additional 980,043 shares during the period. Institutional investors own 75.40% of the company’s stock.

UMH Properties Stock Performance

NYSE:UMH opened at $16.51 on Monday. UMH Properties, Inc. has a twelve month low of $13.93 and a twelve month high of $16.74. The company has a quick ratio of 6.90, a current ratio of 6.90 and a debt-to-equity ratio of 1.28. The business has a 50 day moving average price of $15.56 and a two-hundred day moving average price of $15.38. The company has a market cap of $1.41 billion, a P/E ratio of 137.58 and a beta of 0.96.

UMH Properties (NYSE:UMH) last issued its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported $0.05 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.02. UMH Properties had a net margin of 11.55% and a return on equity of 5.40%. The company had revenue of $71.64 million during the quarter, compared to analysts’ expectations of $60.76 million. UMH Properties has set its FY 2026 guidance at 0.980-1.040 EPS. As a group, analysts expect that UMH Properties, Inc. will post 0.99 EPS for the current fiscal year.

UMH Properties Dividend Announcement

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

Analysts Set New Price Targets

Several equities analysts recently issued reports on UMH shares. Wall Street Zen upgraded UMH Properties from a “sell” rating to a “hold” rating in a research report on Sunday, May 10th. Odeon Capital Group set a $17.50 target price on shares of UMH Properties in a report on Thursday, July 9th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of UMH Properties in a research note on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, UMH Properties has an average rating of “Moderate Buy” and an average target price of $17.25.

UMH Properties 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.