Barclays PLC Has $3.36 Million Holdings in UMH Properties, Inc. (NYSE:UMH)

Barclays PLC increased its holdings in UMH Properties, Inc. (NYSE:UMH - Free Report) by 11.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 178,124 shares of the real estate investment trust's stock after buying an additional 17,718 shares during the quarter. Barclays PLC owned about 0.23% of UMH Properties worth $3,362,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC grew its stake in shares of UMH Properties by 1,011.1% in the fourth quarter. Farther Finance Advisors LLC now owns 1,600 shares of the real estate investment trust's stock worth $30,000 after purchasing an additional 1,456 shares in the last quarter. Sterling Capital Management LLC raised its position in shares of UMH Properties by 861.1% during the 4th quarter. Sterling Capital Management LLC now owns 1,951 shares of the real estate investment trust's stock worth $37,000 after buying an additional 1,748 shares in the last quarter. Golden State Wealth Management LLC bought a new position in shares of UMH Properties in the fourth quarter valued at approximately $38,000. Ulland Investment Advisors LLC increased its stake in shares of UMH Properties by 291.5% during the fourth quarter. Ulland Investment Advisors LLC now owns 3,915 shares of the real estate investment trust's stock valued at $74,000 after acquiring an additional 2,915 shares during the period. Finally, Summit Investment Advisors Inc. raised its holdings in UMH Properties by 22.0% during the fourth quarter. Summit Investment Advisors Inc. now owns 7,564 shares of the real estate investment trust's stock worth $143,000 after purchasing an additional 1,365 shares in the last quarter. 75.40% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on UMH shares. Wedbush reiterated a "neutral" rating and set a $20.00 price target on shares of UMH Properties in a research report on Monday, January 13th. StockNews.com upgraded shares of UMH Properties from a "sell" rating to a "hold" rating in a report on Tuesday, April 22nd. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $21.17.

UMH Properties Stock Up 0.3 %

NYSE:UMH traded up $0.06 during trading hours on Wednesday, hitting $17.69. 356,065 shares of the stock traded hands, compared to its average volume of 431,324. UMH Properties, Inc. has a fifty-two week low of $14.73 and a fifty-two week high of $20.64. The company has a current ratio of 8.48, a quick ratio of 8.48 and a debt-to-equity ratio of 1.11. The firm has a market cap of $1.46 billion, a price-to-earnings ratio of 136.09, a PEG ratio of 2.93 and a beta of 1.17. The firm has a 50 day moving average price of $17.89 and a 200 day moving average price of $18.43.

UMH Properties (NYSE:UMH - Get Free Report) last posted its quarterly earnings results on Wednesday, February 26th. The real estate investment trust reported $0.24 earnings per share for the quarter, topping analysts' consensus estimates of $0.03 by $0.21. UMH Properties had a net margin of 11.81% and a return on equity of 6.06%. The business had revenue of ($126.74) million for the quarter, compared to the consensus estimate of $59.73 million. Equities research analysts anticipate that UMH Properties, Inc. will post 0.93 earnings per share for the current year.

UMH Properties Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Thursday, May 15th will be given a $0.225 dividend. This is an increase from UMH Properties's previous quarterly dividend of $0.22. This represents a $0.90 annualized dividend and a dividend yield of 5.09%. The ex-dividend date of this dividend is Thursday, May 15th. UMH Properties's dividend payout ratio (DPR) is currently 3,000.00%.

UMH Properties Profile

UMH Properties, Inc, which was organized in 1968, is a public equity REIT that owns and operates 135 manufactured home communities containing approximately 25,800 developed homesites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan, Maryland, Alabama, South Carolina and Georgia.