Fintel reports that on July 18, 2024, Alliance Global Partners initiated coverage of UMH Properties, Inc. - Preferred Stock (NYSE:UMH.PRD) with a Buy recommendation.
What is the Fund Sentiment?
There are 20 funds or institutions reporting positions in UMH Properties, Inc. - Preferred Stock. This is unchanged over the last quarter. Average portfolio weight of all funds dedicated to UMH.PRD is 0.70%, an increase of 19.05%. Total shares owned by institutions increased in the last three months by 6.88% to 3,381K shares.
What are Other Shareholders Doing?
PFF - iShares Preferred and Income Securities ETF holds 1,031K shares representing 1.46% ownership of the company. In its prior filing, the firm reported owning 961K shares , representing an increase of 6.74%. The firm decreased its portfolio allocation in UMH.PRD by 0.80% over the last quarter.
FRIFX - Fidelity Real Estate Income Fund holds 695K shares representing 0.99% ownership of the company. No change in the last quarter.
ASRAX - Invesco Global Real Estate Income Fund holds 567K shares representing 0.81% ownership of the company. No change in the last quarter.
PFXF - VanEck Vectors Preferred Securities ex Financials ETF holds 423K shares representing 0.60% ownership of the company. In its prior filing, the firm reported owning 349K shares , representing an increase of 17.43%. The firm increased its portfolio allocation in UMH.PRD by 6.55% over the last quarter.
Cohen & Steers Quality Income Realty Fund holds 115K shares representing 0.16% ownership of the company. No change in the last quarter.
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