Evergreen Capital Management LLC Invests $554,000 in UMH Properties, Inc. $UMH

Evergreen Capital Management LLC bought a new position in shares of UMH Properties, Inc. (NYSE:UMH) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 34,806 shares of the real estate investment trust’s stock, valued at approximately $554,000.

A number of other large investors have also modified their holdings of UMH. SG Americas Securities LLC raised its stake in shares of UMH Properties by 629.3% during the 4th quarter. SG Americas Securities LLC now owns 1,493,476 shares of the real estate investment trust’s stock worth $23,761,000 after buying an additional 1,288,703 shares in the last quarter. Private Management Group Inc. grew its holdings in shares of UMH Properties by 37.9% in the 3rd quarter. Private Management Group Inc. now owns 1,680,180 shares of the real estate investment trust’s stock worth $24,951,000 after acquiring an additional 461,463 shares during the period. Citigroup Inc. grew its holdings in shares of UMH Properties by 141.8% in the 3rd quarter. Citigroup Inc. now owns 760,243 shares of the real estate investment trust’s stock worth $11,290,000 after acquiring an additional 445,834 shares during the period. D.A. Davidson & CO. grew its holdings in shares of UMH Properties by 35.7% in the 3rd quarter. D.A. Davidson & CO. now owns 1,470,755 shares of the real estate investment trust’s stock worth $21,841,000 after acquiring an additional 387,021 shares during the period. Finally, Qube Research & Technologies Ltd grew its holdings in shares of UMH Properties by 89.2% in the 3rd quarter. Qube Research & Technologies Ltd now owns 371,642 shares of the real estate investment trust’s stock worth $5,519,000 after acquiring an additional 175,184 shares during the period. 75.40% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Cantor Fitzgerald restated a “neutral” rating and issued a $16.00 price target on shares of UMH Properties in a report on Monday, January 5th. Weiss Ratings restated a “hold (c)” rating on shares of UMH Properties in a report on Wednesday, January 21st. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, UMH Properties currently has an average rating of “Moderate Buy” and an average price target of $18.00.

UMH Properties Stock Performance

UMH opened at $15.74 on Friday. The stock has a market cap of $1.34 billion, a P/E ratio of 224.79 and a beta of 1.03. The company has a debt-to-equity ratio of 1.17, a current ratio of 8.93 and a quick ratio of 8.93. The stock’s 50 day simple moving average is $15.12 and its 200 day simple moving average is $15.30. UMH Properties, Inc. has a 1-year low of $13.93 and a 1-year high of $17.97.

UMH Properties (NYSE:UMH) last released its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported ($0.01) earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.25). The firm had revenue of $66.97 million during the quarter, compared to analyst estimates of $68.70 million. UMH Properties had a return on equity of 4.43% and a net margin of 10.12%.UMH Properties has set its FY 2026 guidance at 0.970-1.050 EPS. As a group, equities analysts anticipate that UMH Properties, Inc. will post 0.99 EPS for the current fiscal year.

UMH Properties Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 15th will be issued a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a yield of 5.7%. The ex-dividend date is Friday, May 15th. UMH Properties’s dividend payout ratio is 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.