Barclays PLC Buys 17,718 Shares of UMH Properties, Inc. (NYSE:UMH)

Barclays PLC grew its stake in UMH Properties, Inc. (NYSE:UMH - Free Report) by 11.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 178,124 shares of the real estate investment trust's stock after purchasing an additional 17,718 shares during the quarter. Barclays PLC owned approximately 0.23% of UMH Properties worth $3,362,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Vanguard Group Inc. increased its holdings in UMH Properties by 11.9% in the 4th quarter. Vanguard Group Inc. now owns 7,506,462 shares of the real estate investment trust's stock valued at $141,722,000 after buying an additional 799,798 shares during the period. Copeland Capital Management LLC increased its holdings in shares of UMH Properties by 2.4% during the fourth quarter. Copeland Capital Management LLC now owns 2,828,469 shares of the real estate investment trust's stock worth $53,401,000 after buying an additional 67,353 shares in the last quarter. William Blair Investment Management LLC increased its holdings in UMH Properties by 2.5% in the fourth quarter. William Blair Investment Management LLC now owns 1,992,420 shares of the real estate investment trust's stock valued at $37,617,000 after purchasing an additional 48,480 shares during the period. Geode Capital Management LLC increased its holdings in UMH Properties by 7.9% in the fourth quarter. Geode Capital Management LLC now owns 1,838,555 shares of the real estate investment trust's stock valued at $34,719,000 after purchasing an additional 134,761 shares during the period. Finally, Jennison Associates LLC increased its holdings in UMH Properties by 11.0% in the fourth quarter. Jennison Associates LLC now owns 1,462,585 shares of the real estate investment trust's stock valued at $27,614,000 after purchasing an additional 145,310 shares during the period. 75.40% of the stock is owned by institutional investors.

UMH Properties Price Performance

Shares of NYSE UMH opened at $17.70 on Tuesday. UMH Properties, Inc. has a fifty-two week low of $14.73 and a fifty-two week high of $20.64. The stock has a market cap of $1.46 billion, a price-to-earnings ratio of 136.16, a PEG ratio of 2.93 and a beta of 1.17. 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 firm's 50-day simple moving average is $17.89 and its 200 day simple moving average is $18.43.

UMH Properties (NYSE:UMH - Get Free Report) last posted its earnings results on Wednesday, February 26th. The real estate investment trust reported $0.24 EPS for the quarter, topping the consensus estimate of $0.03 by $0.21. UMH Properties had a net margin of 11.81% and a return on equity of 6.06%. The firm had revenue of ($126.74) million for the quarter, compared to analysts' expectations of $59.73 million. As a group, research analysts anticipate that UMH Properties, Inc. will post 0.93 earnings per share for the current fiscal year.

UMH Properties Increases Dividend

The company also recently disclosed 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. This is an increase from UMH Properties's previous quarterly dividend of $0.22. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $0.90 annualized dividend and a yield of 5.08%. UMH Properties's dividend payout ratio is presently 3,000.00%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on UMH shares. Wedbush restated a "neutral" rating and issued a $20.00 price objective on shares of UMH Properties in a report on Monday, January 13th. StockNews.com upgraded UMH Properties from a "sell" rating to a "hold" rating in a report on Tuesday, April 22nd. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $21.17.

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.

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