Deutsche Bank AG Takes $1.61 Million Position in UMH Properties, Inc. $UMH

Key Points

• Deutsche Bank acquired 106,063 shares of UMH Properties in the second quarter, valued at approximately $1.61 million, giving it a 0.12% stake. Institutional investors and hedge funds collectively own 75.4% of the REIT.
• Analysts have a consensus “Moderate Buy” rating on UMH, with an average price target of $17.25 versus the stock’s $16.51 opening price.
• UMH exceeded quarterly earnings and revenue estimates, reporting $0.05 in EPS and $71.64 million in revenue. The company also declared a $0.225 quarterly dividend, equivalent to a 5.5% annualized yield.

Deutsche Bank AG acquired a new stake in UMH Properties, Inc. (NYSE:UMH - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 106,063 shares of the real estate investment trust's stock, valued at approximately $1,606,000. Deutsche Bank AG owned 0.12% of UMH Properties as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Summit Securities Group LLC acquired a new position in UMH Properties during the first quarter worth $46,000. Danske Bank A S acquired a new position in UMH Properties during the fourth quarter worth about $49,000. Quantbot Technologies LP purchased a new stake in shares of UMH Properties in the second quarter valued at about $52,000. Creative Financial Designs Inc. ADV lifted its stake in UMH Properties by 96.9% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 3,495 shares of the real estate investment trust's stock valued at $56,000 after buying an additional 1,720 shares in the last quarter. Finally, Quarry LP purchased a new stake in UMH Properties in the 3rd quarter valued at approximately $61,000. Institutional investors and hedge funds own 75.40% of the company's stock.

Analyst Ratings Changes

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

UMH Properties Stock Up 0.1%

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

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

UMH Properties Dividend Announcement

The firm also recently announced 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 yield of 5.5%. The ex-dividend date of this dividend is Monday, August 17th. UMH Properties's dividend payout ratio is 750.00%.

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.

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