91,954 Shares in UMH Properties, Inc. $UMH Bought by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio acquired a new position in UMH Properties, Inc. (NYSE:UMH - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 91,954 shares of the real estate investment trust's stock, valued at approximately $1,392,000. Public Employees Retirement System of Ohio owned 0.11% of UMH Properties at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in UMH. Bank of America Corp DE bought a new stake in UMH Properties during the second quarter valued at $15,655,000. Jupiter Topco LLC bought a new position in shares of UMH Properties in the 2nd quarter worth about $481,000. Hsbc Holdings PLC acquired a new position in shares of UMH Properties in the 2nd quarter valued at about $2,390,000. Legal & General Group Plc acquired a new position in shares of UMH Properties in the 2nd quarter valued at about $5,080,000. Finally, The Manufacturers Life Insurance Company bought a new stake in shares of UMH Properties during the 2nd quarter valued at about $975,000. Institutional investors own 75.40% of the company's stock.

UMH Properties Price Performance

Shares of UMH opened at $15.95 on Tuesday. UMH Properties, Inc. has a 12 month low of $13.93 and a 12 month high of $16.77. The company has a debt-to-equity ratio of 1.28, a current ratio of 6.90 and a quick ratio of 6.90. The stock has a fifty day moving average price of $15.81 and a 200 day moving average price of $15.41. The company has a market cap of $1.36 billion, a P/E ratio of 132.92 and a beta of 0.97.

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

UMH Properties Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 17th will be paid a $0.225 dividend. The ex-dividend date is Monday, August 17th. This represents a $0.90 annualized dividend and a dividend yield of 5.6%. UMH Properties's dividend payout ratio (DPR) is presently 750.00%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on UMH shares. Odeon Capital Group set a $17.50 price objective on shares of 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. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target 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.

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