Alaska

UMH Properties, Inc. (NYSE:UMH) Shares Bought by State of Alaska Department of Revenue

Published

2 years ago

April 13, 2024

State of Alaska Department of Revenue raised its stake in UMH Properties, Inc. (NYSE:UMH – Free Report) by 6.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 28,130 shares of the real estate investment trust’s stock after acquiring an additional 1,769 shares during the quarter. State of Alaska Department of Revenue’s holdings in UMH Properties were worth $430,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. lifted its position in UMH Properties by 5.4% during the first quarter. Vanguard Group Inc. now owns 5,139,580 shares of the real estate investment trust’s stock worth $126,383,000 after buying an additional 264,005 shares during the period. BlackRock Inc. lifted its position in UMH Properties by 22.9% during the second quarter. BlackRock Inc. now owns 4,759,328 shares of the real estate investment trust’s stock worth $76,054,000 after buying an additional 886,892 shares during the period. American Century Companies Inc. lifted its position in UMH Properties by 29.5% during the third quarter. American Century Companies Inc. now owns 2,532,194 shares of the real estate investment trust’s stock worth $35,501,000 after buying an additional 576,304 shares during the period. State Street Corp lifted its position in UMH Properties by 5.1% during the second quarter. State Street Corp now owns 1,697,046 shares of the real estate investment trust’s stock worth $27,119,000 after buying an additional 82,823 shares during the period. Finally, Geode Capital Management LLC lifted its position in UMH Properties by 8.4% during the second quarter. Geode Capital Management LLC now owns 1,230,411 shares of the real estate investment trust’s stock worth $19,662,000 after buying an additional 95,711 shares during the period. 75.40% of the stock is owned by institutional investors and hedge funds.

UMH Properties Stock Performance

UMH Properties stock opened at $15.45 on Friday. The stock’s 50-day moving average is $15.42 and its 200-day moving average is $14.91. The company has a market cap of $1.07 billion, a price-to-earnings ratio of -102.99, a price-to-earnings-growth ratio of 2.78 and a beta of 1.24. The company has a debt-to-equity ratio of 1.66, a current ratio of 6.52 and a quick ratio of 6.52. UMH Properties, Inc. has a 12 month low of $13.26 and a 12 month high of $16.85.

UMH Properties Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 17th. Stockholders of record on Wednesday, May 15th will be issued a $0.215 dividend. This represents a $0.86 dividend on an annualized basis and a dividend yield of 5.57%. This is an increase from UMH Properties’s previous quarterly dividend of $0.21. The ex-dividend date is Tuesday, May 14th. UMH Properties’s dividend payout ratio (DPR) is -546.63%.

Insider Transactions at UMH Properties

In other news, COO Brett Taft sold 9,800 shares of the firm’s stock in a transaction dated Wednesday, April 3rd. The stock was sold at an average price of $15.91, for a total value of $155,918.00. Following the transaction, the chief operating officer now directly owns 97,049 shares in the company, valued at approximately $1,544,049.59. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders have bought a total of 239 shares of company stock worth $3,506 in the last three months. 9.09% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms recently weighed in on UMH. Compass Point increased their target price on UMH Properties from $20.00 to $21.50 and gave the stock a “buy” rating in a research report on Thursday, March 21st. Wedbush reiterated a “neutral” rating and set a $17.00 target price on shares of UMH Properties in a research report on Monday, March 25th. StockNews.com downgraded UMH Properties from a “hold” rating to a “sell” rating in a research report on Tuesday, March 26th. Finally, B. Riley initiated coverage on UMH Properties in a report on Thursday, March 21st. They issued a “buy” rating and a $18.50 price objective on the stock. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, UMH Properties currently has a consensus rating of “Hold” and a consensus target price of $19.00.

Check Out Our Latest Analysis on UMH

UMH Properties Profile

(Free Report)

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.

Want to see what other hedge funds are holding UMH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for UMH Properties, Inc. (NYSE:UMH – Free Report).

Institutional Ownership by Quarter for UMH Properties (NYSE:UMH)

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Related Topics:13F 90300210 Featured Finance Hedge Fund Holdings Institutional Investor Holdings NYSE:UMH SEC Filings UMH UMH Properties

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Alaska

Alaska Airlines names CFO as new president

Published

4 hours ago

June 18, 2026

Press Room

Alaska Airlines names CFO as new president

Alaska Airlines has given its chief financial officer, Shane Tackett, another responsibility — president. Tackett will assume his additional role at the SeaTac-based airline on June 29. (M. Scott Brauer/Bloomberg)

Alaska Airlines has given its chief financial officer, Shane Tackett, another responsibility — president.

Tackett will assume his additional role at the SeaTac-based airline on June 29, according to a news release Wednesday.

Tackett will continue leading the organization’s finance, fleet management, investor relations, supply chain, internal audit and information technology functions, according to the release. His new responsibilities as president include oversight of Alaska Airlines’ commercial division.

Tackett previously held positions in labor relations, e-commerce and financial planning at the company, according to his LinkedIn profile.

“I started at Alaska more than 25 years ago, and over that time we’ve built a stronger, more resilient airline with a clear strategy for the future,” Tackett said in a statement.

He said he is excited to lead more of the organization in his new role and deliver to guests, employees and owners.

In a statement, Alaska Airlines CEO Ben Minicucci said Tackett has led the company through challenges and helped it grow over his 25-year tenure.

“Bringing commercial and finance leadership together under Shane will strengthen alignment and accelerate our priorities as we continue advancing our strategy and creating long-term value for our stakeholders, said Minicucci, who also serves as CEO and president of the airline’s parent company, Alaska Air Group.

Tackett’s promotion comes as the airline navigates challenging macroeconomic factors, including rising fuel costs and weakening consumer demand for travel.

Alaska Air Group — which includes Alaska and Hawaiian Airlines, as well as regional carrier Horizon Air and ground support company McGee Air Services — saw its profits drop 70% in 2025 year over year. It continued to face financial woes in 2026.

The company lost $193 million in the first three months of 2026 as it dealt with skyrocketing jet fuel prices due to the war in Iran.

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Alaska

Alaska study sees mixed results on links between kelp farms and CO2 levels – Homer News

Published

14 hours ago

June 18, 2026

Press Room

Alaska study sees mixed results on links between kelp farms and CO2 levels

Published 5:30 am Thursday, June 18, 2026

A study into the amount of CO2 absorbed at a pair of Alaska kelp farms is throwing some cold water on hopes that seaweed could be an answer to climate change.

Alaska kelp farms, which have been viewed as a potential boon for reducing local carbon-dioxide levels, have surprisingly murky effects on atmospheric CO2 removal, according to a new study.

A University of Alaska Fairbanks-led project measured the amount of CO2 that was emitted and absorbed at two kelp farms in the Gulf of Alaska during the 2023-2024 growing season. The outcome was mixed — one farm slightly reduced carbon dioxide in the local environment while the other added more to it.

Marine carbon dioxide removal (mCDR) has been touted as a potential strategy to reduce atmospheric carbon dioxide levels, with the ocean serving as a sink for human-produced CO2.

The study, which was recently published in the journal Ocean Science, is the first to measure mCDR in Alaska waters. It focused on kelp farms, which can draw down CO2 through the process of photosynthesis.

“It’s easy to jump on the bandwagon that seaweed is going to change the world, but ultimately we want to be honest to the public,” said Amanda Kelley, an associate professor at UAF’s College of Fisheries and Ocean Sciences and a contributor to the study.

“Really, it’s very nuanced, and there are a lot of factors that affect kelp’s ability to do that.”

Josianne Haag, who led the project as a UAF doctoral student, installed sensors both inside and outside kelp farms in Windy Bay near Cordova and Kalsin Bay on Kodiak Island. From seeding to harvest, hourly data was collected on ocean chemistry, temperature, salinity and oxygen levels.

The two sites had numerous differences, including the type of seaweed being planted, the timing of their growing seasons and the size of the farms. Also, Windy Bay’s tides are more extreme than Kalsin Bay’s.

The results were striking and varied. The farms flipped between absorbing and releasing carbon dioxide depending on the amount of sunlight and the time of day. Extreme low tides affected CO2 levels by flushing groundwater into the area, briefly raising carbon dioxide levels.

A film of marine fauna grew on some of the farm equipment in Kalsin Bay, leading to a burst of carbon dioxide production through their respiration.

Overall, the Windy Bay farm slightly reduced nearby atmospheric marine carbon dioxide levels while the Kalsin Bay farm boosted them. Measurements will continue at the farms for at least two more years, but the first season revealed that a kelp farm’s recipe for carbon intake and output is surprising and complex.

“It’s really not doing much in either direction,” Haag said. “The farms aren’t necessarily harming anything, but we shouldn’t be blowing out of proportion that they’re going to save us from climate change.”

The study was part of the Mariculture Research and Restoration Consortium project, which is an ongoing effort to look at the impacts and benefits of mariculture in Alaska. Mar ReCon research is funded by the Exxon Valdez Oil Spill Trustee Council.

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Alaska

Gagnon Coal Seam Fire reported near Healy

Published

1 day ago

June 18, 2026

Press Room

Gagnon Coal Seam Fire reported near Healy

By Alaska Division of Forestry & Fire Protection on June 17, 2026

At approximately 7:30 p.m. Wednesday evening, a fire was reported off Healy Spur Road. The Division of Forestry & Fire Protection, along with the Tri-Valley Volunteer Fire Department and Anderson Fire Department, responded to the Gagnon Coal Seam Fire (#206).

Estimated at 3 acres, the fire was burning in grass with approximately 50% of the perimeter actively burning. A five person Initial Attack squad, helicopter, and engine responded. Light rain was reported at the incident upon arrival.

There are no structures threatened, and there are no evacuations in place. This will be the last update on this incident, unless conditions change.

This map shows the location of the Gagnon Coal Seam Fire (#206) located on the Healy Spur Road east of Usibelli on Wednesday, June 17, 2026. Click on the image to download a PDF type file to enlarge or print.

‹ DFFP is responding to the Bulchitna Fire in the Fish Lakes area of the Yentna River

Categories: Active Wildland Fire, Alaska DNR – Division of Forestry & Fire Protection (DFFP)

Tags: 2026 Alaska Fire Season, coal seam, DFFP Northern Region, Gagnon Coal Seam Fire

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