UMH Properties, Inc. $UMH Shares Bought by Citigroup Inc.

Citigroup Inc. grew its position in UMH Properties, Inc. (NYSE:UMH) by 141.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 760,243 shares of the real estate investment trust’s stock after acquiring an additional 445,834 shares during the period. Citigroup Inc. owned about 0.89% of UMH Properties worth $11,290,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Arizona State Retirement System lifted its position in UMH Properties by 3.3% in the third quarter. Arizona State Retirement System now owns 23,634 shares of the real estate investment trust’s stock valued at $351,000 after purchasing an additional 746 shares during the period. Keybank National Association OH raised its stake in shares of UMH Properties by 3.1% during the 2nd quarter. Keybank National Association OH now owns 24,981 shares of the real estate investment trust’s stock worth $419,000 after buying an additional 762 shares in the last quarter. Osaic Holdings Inc. lifted its holdings in shares of UMH Properties by 6.8% in the 2nd quarter. Osaic Holdings Inc. now owns 13,062 shares of the real estate investment trust’s stock valued at $219,000 after buying an additional 827 shares during the period. M&G PLC boosted its stake in shares of UMH Properties by 8.2% in the third quarter. M&G PLC now owns 12,000 shares of the real estate investment trust’s stock valued at $180,000 after buying an additional 909 shares in the last quarter. Finally, McIlrath & Eck LLC grew its holdings in UMH Properties by 0.4% during the third quarter. McIlrath & Eck LLC now owns 256,937 shares of the real estate investment trust’s stock worth $3,816,000 after acquiring an additional 975 shares during the period. 75.40% of the stock is currently owned by institutional investors and hedge funds.

UMH Properties Trading Down 4.1%

Shares of UMH stock opened at $15.09 on Friday. The stock has a market cap of $1.28 billion, a P/E ratio of 215.63, a P/E/G ratio of 2.51 and a beta of 1.09. The company has a quick ratio of 6.86, a current ratio of 6.86 and a debt-to-equity ratio of 0.99. UMH Properties, Inc. has a fifty-two week low of $13.95 and a fifty-two week high of $19.14. The business has a fifty day simple moving average of $15.96 and a 200-day simple moving average of $15.39.

UMH Properties (NYSE:UMH) last issued its quarterly earnings data on Wednesday, February 25th. The real estate investment trust reported ($0.01) EPS for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.25). UMH Properties had a net margin of 10.12% and a return on equity of 4.39%. The business had revenue of $66.97 million during the quarter, compared to analyst estimates of $68.70 million. UMH Properties has set its FY 2026 guidance at 0.970-1.050 EPS. On average, analysts forecast that UMH Properties, Inc. will post 0.93 earnings per share for the current fiscal year.

UMH Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Tuesday, February 17th will be paid a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date of this dividend is Tuesday, February 17th. UMH Properties’s dividend payout ratio (DPR) is 1,285.71%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on UMH shares. Cantor Fitzgerald reissued a “neutral” rating and issued a $16.00 target price on shares of UMH Properties in a report on Monday, January 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of UMH Properties in a report on Wednesday, January 21st. B. Riley Financial reduced their price objective on shares of UMH Properties from $19.00 to $18.50 and set a “buy” rating for the company in a research note on Monday, November 24th. Finally, Colliers Securities upgraded shares of UMH Properties to a “buy” rating in a research report on Thursday, December 4th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $18.00.

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.