What’s Propelling Umh Properties Inc (NYSE:UMH) After Higher Shorts Reported?

March 14, 2018 - By Hazel Jackson

 What’s Propelling Umh Properties Inc (NYSE:UMH) After Higher Shorts Reported?

Investors sentiment increased to 2.37 in Q3 2017. Its up 0.49, from 1.88 in 2017Q2. It improved, as 9 investors sold UMH Properties, Inc. shares while 21 reduced holdings. 24 funds opened positions while 47 raised stakes. 19.06 million shares or 4.77% more from 18.19 million shares in 2017Q2 were reported.
Mufg Americas Hldg owns 1,011 shares or 0% of their US portfolio. Pecaut And holds 0.63% in UMH Properties, Inc. (NYSE:UMH) or 49,500 shares. Neuberger Berman Lc owns 250,244 shares for 0% of their portfolio. The Japan-based Sumitomo Mitsui has invested 0% in UMH Properties, Inc. (NYSE:UMH). Virginia Retirement System Et Al owns 12,300 shares or 0% of their US portfolio. Boulegeris Investments Incorporated, a Georgia-based fund reported 1.78M shares. 38,462 are held by Credit Suisse Ag. Dimensional Fund Advsrs L P holds 0% in UMH Properties, Inc. (NYSE:UMH) or 387,438 shares. Highlander Limited Liability Com has invested 0.32% in UMH Properties, Inc. (NYSE:UMH). Schroder stated it has 0% in UMH Properties, Inc. (NYSE:UMH). 36,149 are owned by State Board Of Administration Of Florida Retirement Sys. Credit Agricole S A accumulated 1,400 shares or 0% of the stock. Tower Cap Ltd Liability (Trc) stated it has 0% of its portfolio in UMH Properties, Inc. (NYSE:UMH). Lpl Limited Liability Company stated it has 0% of its portfolio in UMH Properties, Inc. (NYSE:UMH). Connors Investor Service owns 16,213 shares.

Since February 15, 2018, it had 1 buy, and 0 insider sales for $1,000 activity.

The stock of Umh Properties Inc (NYSE:UMH) registered an increase of 21.64% in short interest. UMH’s total short interest was 486,200 shares in March as published by FINRA. Its up 21.64% from 399,700 shares, reported previously. With 184,300 shares average volume, it will take short sellers 3 days to cover their UMH’s short positions. The short interest to Umh Properties Inc’s float is 1.58%.

The stock decreased 0.78% or $0.1 during the last trading session, reaching $12.77. About 137,789 shares traded. UMH Properties, Inc. (NYSE:UMH) has risen 71.87% since March 14, 2017 and is uptrending. It has outperformed by 55.17% the S&P500.

UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 107 manufactured home communities containing approximately 19,400 developed homesites. The company has market cap of $453.18 million. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan and Maryland. It currently has negative earnings.

UMH Properties, Inc. (NYSE:UMH) Ratings Coverage

Among 5 analysts covering UMH Properties (NYSE:UMH), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. UMH Properties had 6 analyst reports since March 11, 2016 according to SRatingsIntel. The firm has “Buy” rating by Janney Capital given on Friday, September 8. The stock of UMH Properties, Inc. (NYSE:UMH) earned “Buy” rating by Wunderlich on Thursday, May 11. The firm has “Buy” rating given on Friday, March 11 by Wunderlich. The rating was maintained by FBR Capital on Monday, November 6 with “Buy”.

More notable recent UMH Properties, Inc. (NYSE:UMH) news were published by: Prnewswire.com which released: “UMH Properties, Inc. Reports Results For The Year Ended And The Fourth Quarter …” on March 08, 2018, also Seekingalpha.com with their article: “UMH Properties’ (UMH) CEO Samuel Landy on Q4 2017 Results – Earnings Call …” published on March 09, 2018, Seekingalpha.com published: “This Small Cap REIT Is Poised To Profit” on March 12, 2018. More interesting news about UMH Properties, Inc. (NYSE:UMH) were released by: Seekingalpha.com and their article: “Dane Bowler Positions For 2018: UMH Properties – A Growth Company Trading At …” published on December 29, 2017 as well as Seekingalpha.com‘s news article titled: “UMH Properties: Our Top REIT Pick Heading Into 2018” with publication date: December 19, 2017.

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