In a Schedule 13G/A Disclosure filed with the Securities and Exchange Commission (SEC), MHProNews has learned Wells Fargo & Company owns 6.3 percent of manufactured home community owner UMH Properties, Inc. The 1,697,525 shares of stock are valued at $16,126,488.

UMH stock has a one-year low of $9.01 and a one-year high of $10.64, a 50-day moving average of $9.82 and a 200-day moving average of $9.67. Market capitalization on the stock is $250.66, according to emqtv. The stock closed down today, Jan. 27, -2.63 percent at $9.25.

UMH Properties, Inc. is a real estate investment trust (REIT) that owns and operates 98 manufactured home communities comprised of approximately 17,800 developed home sites in seven states east of the Mississippi.

The company also owns a portfolio of REIT securities. ##

(Graphic credit:UMH Properties, Inc. 200-day moving average)

Article submitted by Matthew J. Silver to Daily Business News-MHProNews.