UMH Properties, Inc. (NYSE:UMH) Shares Acquired by Susquehanna International Group LLP

Susquehanna International Group LLP raised its stake in shares of UMH Properties, Inc. (NYSE:UMH - Free Report) by 35.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 117,685 shares of the real estate investment trust's stock after purchasing an additional 30,887 shares during the quarter. Susquehanna International Group LLP owned approximately 0.15% of UMH Properties worth $2,222,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Farther Finance Advisors LLC increased its holdings in shares of UMH Properties by 1,011.1% in the 4th 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 increased its stake in UMH Properties by 861.1% in 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 purchased a new stake in UMH Properties in the 4th quarter worth $38,000. Tower Research Capital LLC TRC increased its stake in UMH Properties by 374.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 2,568 shares of the real estate investment trust's stock worth $48,000 after buying an additional 2,027 shares in the last quarter. Finally, Ulland Investment Advisors LLC boosted its holdings in shares of UMH Properties by 291.5% during the 4th quarter. Ulland Investment Advisors LLC now owns 3,915 shares of the real estate investment trust's stock valued at $74,000 after purchasing an additional 2,915 shares during the last quarter. 75.40% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have commented on UMH. StockNews.com raised shares of UMH Properties from a "sell" rating to a "hold" rating in a report on Monday, May 5th. Wedbush reaffirmed a "neutral" rating and issued a $20.00 price target on shares of UMH Properties in a report on Monday, January 13th. Finally, Maxim Group decreased their price target on shares of UMH Properties from $22.00 to $20.50 and set a "buy" rating for the company in a research note on Monday, May 5th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $21.00.

UMH Properties Stock Performance

Shares of NYSE UMH traded down $0.11 during mid-day trading on Monday, hitting $17.17. The stock had a trading volume of 452,012 shares, compared to its average volume of 431,388. The company has a debt-to-equity ratio of 1.11, a quick ratio of 8.48 and a current ratio of 8.48. The company has a 50 day moving average of $17.75 and a two-hundred day moving average of $18.35. UMH Properties, Inc. has a twelve month low of $14.73 and a twelve month high of $20.64. The firm has a market cap of $1.44 billion, a PE ratio of 132.12, a PEG ratio of 2.93 and a beta of 1.14.

UMH Properties (NYSE:UMH - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.23 EPS for the quarter, meeting the consensus estimate of $0.23. UMH Properties had a net margin of 11.81% and a return on equity of 6.06%. The company had revenue of $61.23 million for the quarter, compared to analyst estimates of $62.82 million. Research analysts predict that UMH Properties, Inc. will post 0.93 EPS for the current fiscal year.

UMH Properties Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Thursday, May 15th will be paid a $0.225 dividend. The ex-dividend date is Thursday, May 15th. This is a positive change from UMH Properties's previous quarterly dividend of $0.22. This represents a $0.90 dividend on an annualized basis and a yield of 5.24%. UMH Properties's dividend payout ratio (DPR) is currently 750.00%.

Insider Activity at UMH Properties

In other UMH Properties news, Director William Edward Mitchell sold 70,852 shares of UMH Properties stock in a transaction dated Thursday, May 8th. The shares were sold at an average price of $17.20, for a total transaction of $1,218,654.40. Following the completion of the sale, the director now directly owns 215,427 shares in the company, valued at $3,705,344.40. This trade represents a 24.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 8.77% of the stock is currently owned by corporate insiders.

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.