106,063 Shares in UMH Properties, Inc. $UMH Acquired by Deutsche Bank AG

Deutsche Bank AG purchased a new position in UMH Properties, Inc. (NYSE:UMH) in the second quarter, HoldingsChannel.com reports. The firm purchased 106,063 shares of the real estate investment trust’s stock, valued at approximately $1,606,000.

Several other large investors also recently bought and sold shares of UMH. Goldman Sachs Group Inc. grew its holdings 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 in the last quarter. Schroder Investment Management Group purchased a new stake in shares of UMH Properties during the fourth quarter worth about $11,891,000. Bank of New York Mellon Corp purchased a new stake in shares of UMH Properties during the second quarter worth about $7,212,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of UMH Properties in the fourth quarter worth about $6,696,000. Finally, Invesco Ltd. lifted its stake in shares of UMH Properties by 200.2% in the fourth quarter. Invesco Ltd. now owns 602,771 shares of the real estate investment trust’s stock worth $9,590,000 after acquiring an additional 401,990 shares in the last quarter. Institutional investors and hedge funds own 75.40% of the company’s stock.

UMH Properties Price Performance

Shares of UMH opened at $16.51 on Friday. UMH Properties, Inc. has a 52 week low of $13.93 and a 52 week high of $16.77. The company has a current ratio of 6.90, a quick ratio of 6.90 and a debt-to-equity ratio of 1.28. The firm has a market cap of $1.41 billion, a price-to-earnings ratio of 137.58 and a beta of 0.96. The stock has a 50 day moving average of $15.71 and a 200-day moving average of $15.41.

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

UMH Properties Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 17th will be issued a dividend of $0.225 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a $0.90 annualized dividend and a dividend yield of 5.5%. UMH Properties’s dividend payout ratio is 750.00%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Odeon Capital Group set a $17.50 price objective on UMH Properties in a research note on Thursday, July 9th. Weiss Ratings restated a “hold (c)” rating on shares of UMH Properties in a research note on Friday, July 31st. Finally, Wall Street Zen raised shares of UMH Properties from a “sell” rating to a “hold” rating in a report on Sunday, May 10th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, UMH Properties presently has a consensus rating of “Moderate Buy” and an average price target of $17.25.

UMH Properties Company 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.