UMH Properties, Inc. (NYSE:UMH) Given Consensus Rating of "Moderate Buy" by Analysts

UMH Properties, Inc. (NYSE:UMH - Get Free Report) has earned a consensus rating of "Moderate Buy" from the five analysts that are presently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $21.25.

Several equities research analysts have commented on the stock. Wedbush reissued a "neutral" rating and set a $20.00 price target on shares of UMH Properties in a research report on Monday, January 13th. StockNews.com lowered shares of UMH Properties from a "hold" rating to a "sell" rating in a research report on Tuesday, February 25th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in UMH. GF Fund Management CO. LTD. acquired a new stake in shares of UMH Properties during the 4th quarter worth $26,000. Farther Finance Advisors LLC increased its holdings in 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 grew its holdings in UMH Properties by 861.1% during the 4th quarter. Sterling Capital Management LLC now owns 1,951 shares of the real estate investment trust's stock worth $37,000 after acquiring an additional 1,748 shares during the last quarter. Golden State Wealth Management LLC acquired a new stake in UMH Properties in the fourth quarter valued at $38,000. Finally, Loomis Sayles & Co. L P raised its position in shares of UMH Properties by 2,760.0% during the third quarter. Loomis Sayles & Co. L P now owns 2,431 shares of the real estate investment trust's stock worth $48,000 after acquiring an additional 2,346 shares during the last quarter. Institutional investors and hedge funds own 75.40% of the company's stock.

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UMH Properties Stock Down 1.7 %

UMH Properties stock traded down $0.32 during midday trading on Friday, reaching $17.84. The stock had a trading volume of 153,135 shares, compared to its average volume of 307,058. The stock has a market capitalization of $1.47 billion, a P/E ratio of 137.86, a price-to-earnings-growth ratio of 2.93 and a beta of 1.29. The firm's fifty day simple moving average is $18.19 and its 200-day simple moving average is $18.87. The company has a debt-to-equity ratio of 1.11, a quick ratio of 8.48 and a current ratio of 8.48. UMH Properties has a 1-year low of $14.73 and a 1-year high of $20.64.

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

UMH Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Tuesday, February 18th will be paid a $0.215 dividend. This represents a $0.86 annualized dividend and a yield of 4.82%. The ex-dividend date of this dividend is Tuesday, February 18th. UMH Properties's dividend payout ratio (DPR) is 2,866.67%.

UMH Properties Company 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.