American Century Companies Inc. Has $34.64 Million Position in UMH Properties, Inc. $UMH

American Century Companies Inc. lessened its stake in shares of UMH Properties, Inc. (NYSE:UMH) by 2.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,332,497 shares of the real estate investment trust’s stock after selling 56,811 shares during the period. American Century Companies Inc. owned 2.74% of UMH Properties worth $34,638,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in UMH. Quantbot Technologies LP grew its holdings in shares of UMH Properties by 1,612.5% during the 3rd quarter. Quantbot Technologies LP now owns 53,223 shares of the real estate investment trust’s stock worth $790,000 after purchasing an additional 50,115 shares in the last quarter. Aster Capital Management DIFC Ltd acquired a new position in UMH Properties in the third quarter valued at about $315,000. Hohimer Wealth Management LLC raised its stake in UMH Properties by 28.3% in the third quarter. Hohimer Wealth Management LLC now owns 14,541 shares of the real estate investment trust’s stock valued at $216,000 after purchasing an additional 3,208 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in UMH Properties by 17.8% during the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 63,765 shares of the real estate investment trust’s stock worth $947,000 after purchasing an additional 9,640 shares during the period. Finally, Intech Investment Management LLC grew its stake in UMH Properties by 10.2% during the third quarter. Intech Investment Management LLC now owns 34,826 shares of the real estate investment trust’s stock worth $517,000 after buying an additional 3,233 shares in the last quarter. 75.40% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

UMH Properties Stock Down 0.1%

Shares of NYSE:UMH opened at $14.84 on Friday. UMH Properties, Inc. has a 52-week low of $13.95 and a 52-week high of $19.02. The company has a market capitalization of $1.26 billion, a PE ratio of 212.00, a price-to-earnings-growth ratio of 2.47 and a beta of 1.07. The company has a debt-to-equity ratio of 1.17, a quick ratio of 8.93 and a current ratio of 8.93. The company has a fifty day moving average of $15.88 and a 200-day moving average of $15.35.

UMH Properties (NYSE:UMH) last released its quarterly earnings data on Wednesday, February 25th. The real estate investment trust reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.25). The firm had revenue of $66.97 million for the quarter, compared to analyst estimates of $68.70 million. UMH Properties had a net margin of 10.12% and a return on equity of 4.43%. UMH Properties has set its FY 2026 guidance at 0.970-1.050 EPS. On average, equities analysts predict that UMH Properties, Inc. will post 0.93 EPS for the current fiscal year.

UMH Properties Announces Dividend

The company also recently declared 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 6.1%. The ex-dividend date of this dividend is Tuesday, February 17th. UMH Properties’s dividend payout ratio (DPR) is presently 1,285.71%.

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.