According to the most recent filing that Jennison Associates LLC has made with the SEC, the company increased the number of shares of UMH Properties, Inc. (NYSE: UMH) that it owned by 45.2% during the third quarter of 2018. Following the purchase of a further 681,272 shares of the real estate investment trust’s stock during the quarter, the total number of shares of the real estate investment trust’s stock that the fund owned increased to a total of 2,189,416. When the most recent financial quarter closed, Jennison Associates LLC had a stake in UMH Properties worth $35,359,000.
Recent transactions have resulted in several institutional investors and other hedge funds modifying the amount of the company’s stock that they currently hold in their portfolios. SG Americas Securities LLC achieved a 47.4% increase in its holding of UMH Properties over the third quarter. Following the purchase of 10,149 shares in the real estate investment trust during the preceding quarter, SG Americas Securities LLC increased its holdings in the real estate investment trust by purchasing an additional 3,263 shares during the most recent quarter. This brought the total number of shares it owned in the company to 10,149, giving each share a value of $164,000 and bringing the total number of shares it owned to 10,149. The amount of UMH Properties in which the State of New Jersey Common Pension Fund D has invested increased by 2.7% during the third quarter. The State of New Jersey Common Pension Fund D is the current owner of a total of 467,436 shares of the stock held by the real estate investment trust. These shares are currently worth a combined total of $7,549,000. The most recent fiscal quarter saw an increase of 12,413 shares being purchased, which contributed to this increase. During the third quarter, Keybank National Association Ohio achieved a 5.4% increase in the proportion of ownership it held in UMH Properties. In the most recent qu