D.A. Davidson & CO. Acquires 71,015 Shares of UMH Properties, Inc. $UMH

D.A. Davidson & CO. boosted its holdings in shares of UMH Properties, Inc. (NYSE:UMH) by 4.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,771,311 shares of the real estate investment trust’s stock after buying an additional 71,015 shares during the period. D.A. Davidson & CO.’s holdings in UMH Properties were worth $25,560,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in UMH. Vanguard Group Inc. increased its position in shares of UMH Properties by 1.8% during 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. lifted its position in UMH Properties by 5.7% in the 4th 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 in the last quarter. Geode Capital Management LLC lifted its position in UMH Properties by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 2,072,652 shares of the real estate investment trust’s stock valued at $32,982,000 after acquiring an additional 16,978 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in UMH Properties by 110.7% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,865,018 shares of the real estate investment trust’s stock valued at $29,672,000 after purchasing an additional 980,043 shares during the last quarter. Finally, Private Management Group Inc. boosted its stake in UMH Properties by 9.6% during the 4th quarter. Private Management Group Inc. now owns 1,842,229 shares of the real estate investment trust’s stock valued at $29,310,000 after purchasing an additional 162,049 shares during the last quarter. 75.40% of the stock is owned by institutional investors.

UMH Properties Stock Down 0.6%

UMH Properties stock opened at $15.29 on Thursday. UMH Properties, Inc. has a fifty-two week low of $13.93 and a fifty-two week high of $17.23. The company has a debt-to-equity ratio of 1.20, a quick ratio of 6.97 and a current ratio of 6.97. The firm’s 50-day simple moving average is $15.28 and its 200 day simple moving average is $15.41. The stock has a market cap of $1.30 billion, a PE ratio of 152.85 and a beta of 0.96.

UMH Properties (NYSE:UMH) last posted its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.03 EPS for the quarter, beating the consensus estimate of $0.01 by $0.02. UMH Properties had a net margin of 11.03% and a return on equity of 4.96%. The firm had revenue of $65.84 million during the quarter, compared to analyst estimates of $59.35 million. UMH Properties has set its FY 2026 guidance at 0.980-1.040 EPS. Research analysts predict that UMH Properties, Inc. will post 0.99 EPS for the current fiscal year.

UMH Properties Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 17th will be given a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date of this dividend is Monday, August 17th. UMH Properties’s dividend payout ratio (DPR) is presently 900.00%.

Analyst Ratings Changes

UMH has been the subject of several analyst reports. Weiss Ratings raised UMH Properties from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, May 4th. Odeon Capital Group set a $17.50 target price on UMH Properties in a research report on Thursday, July 9th. Odean Cap Resea upgraded UMH Properties to a “strong-buy” rating in a report on Thursday, July 9th. Finally, Wall Street Zen raised UMH Properties from a “sell” rating to a “hold” rating in a research report on Sunday, May 10th. 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 stock. According to MarketBeat, UMH Properties presently has an average rating of “Moderate Buy” and an average price target of $17.25.

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.