UMH Properties, Inc. $UMH Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC lessened its stake in shares of UMH Properties, Inc. (NYSE:UMH) by 33.8% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 988,065 shares of the real estate investment trust’s stock after selling 505,411 shares during the period. SG Americas Securities LLC owned 1.16% of UMH Properties worth $14,258,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. Hsbc Holdings PLC boosted its holdings in UMH Properties by 24.3% in the 4th quarter. Hsbc Holdings PLC now owns 130,125 shares of the real estate investment trust’s stock worth $2,070,000 after buying an additional 25,436 shares during the last quarter. T. Rowe Price Investment Management Inc. raised its holdings in shares of UMH Properties by 5.7% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 4,386,288 shares of the real estate investment trust’s stock valued at $69,786,000 after acquiring an additional 237,609 shares during the last quarter. Invesco Ltd. raised its holdings in shares of UMH Properties by 200.2% during the fourth quarter. Invesco Ltd. now owns 602,771 shares of the real estate investment trust’s stock valued at $9,590,000 after acquiring an additional 401,990 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its position in shares of UMH Properties by 32.2% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 28,188 shares of the real estate investment trust’s stock valued at $448,000 after acquiring an additional 6,869 shares in the last quarter. Finally, EP Wealth Advisors LLC purchased a new position in shares of UMH Properties in the fourth quarter valued at approximately $169,000. Institutional investors and hedge funds own 75.40% of the company’s stock.

UMH Properties Stock Down 1.5%

Shares of NYSE UMH opened at $15.11 on Friday. The stock has a market cap of $1.29 billion, a PE ratio of 151.05 and a beta of 0.97. The company has a current ratio of 6.97, a quick ratio of 6.97 and a debt-to-equity ratio of 1.20. UMH Properties, Inc. has a 12-month low of $13.93 and a 12-month high of $17.44. The company has a 50-day moving average of $15.33 and a 200 day moving average of $15.46.

UMH Properties (NYSE:UMH) last released its earnings results on Thursday, April 30th. The real estate investment trust reported $0.03 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.02. The business had revenue of $65.84 million for the quarter, compared to analyst estimates 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. As a group, sell-side analysts predict that UMH Properties, Inc. will post 0.99 EPS for the current fiscal 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 was Friday, May 15th. This represents a $0.90 dividend on an annualized basis and a yield of 6.0%. UMH Properties’s dividend payout ratio (DPR) is presently 900.00%.

Wall Street Analysts Forecast Growth

UMH has been the subject of several research reports. Weiss Ratings upgraded UMH Properties from a “hold (c-)” rating to a “hold (c)” rating in a research 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 investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $17.17.

About UMH Properties

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.