UMB Financial Co. (NASDAQ:UMBF) insider Thomas S. Terry sold 5,358 shares of the firm’s stock in a transaction that occurred on Friday, March 12th. The shares were sold at an average price of $96.52, for a total value of $517,154.16.
Thomas S. Terry also recently made the following trade(s):
- On Thursday, December 24th, Thomas S. Terry sold 1,428 shares of UMB Financial stock. The shares were sold at an average price of $68.59, for a total value of $97,946.52.
Shares of NASDAQ:UMBF traded up $2.47 during midday trading on Friday, hitting $96.83. The stock had a trading volume of 227,421 shares, compared to its average volume of 208,308. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $4.67 billion, a P/E ratio of 23.85 and a beta of 1.01. The company’s 50-day moving average price is $80.27 and its 200-day moving average price is $66.73. UMB Financial Co. has a fifty-two week low of $39.47 and a fifty-two week high of $97.24.
UMB Financial (NASDAQ:UMBF) last released its earnings results on Monday, January 25th. The bank reported $3.26 earnings per share for the quarter, topping the consensus estimate of $2.30 by $0.96. UMB Financial had a return on equity of 7.54% and a net margin of 15.62%. During the same quarter in the previous year, the firm earned $1.36 earnings per share. Research analysts expect that UMB Financial Co. will post 4.81 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, April 1st. Shareholders of record on Wednesday, March 10th will be given a $0.32 dividend. The ex-dividend date is Tuesday, March 9th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.32%. UMB Financial’s dividend payout ratio (DPR) is presently 25.65%.
A number of equities analysts have commented on the stock. Raymond James lifted their price objective on shares of UMB Financial from $69.00 to $82.00 and gave the stock an “outperform” rating in a research report on Thursday, January 28th. Wells Fargo & Company raised shares of UMB Financial from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $72.00 to $85.00 in a report on Thursday, January 28th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. UMB Financial currently has an average rating of “Buy” and a consensus target price of $71.25.
Hedge funds have recently modified their holdings of the company. First Horizon Advisors Inc. lifted its stake in shares of UMB Financial by 78.7% in the third quarter. First Horizon Advisors Inc. now owns 595 shares of the bank’s stock worth $29,000 after acquiring an additional 262 shares during the period. Toronto Dominion Bank bought a new position in UMB Financial during the 4th quarter worth approximately $58,000. Winslow Evans & Crocker Inc. acquired a new position in shares of UMB Financial in the 4th quarter worth approximately $97,000. Strs Ohio increased its position in shares of UMB Financial by 42.9% during the fourth quarter. Strs Ohio now owns 2,000 shares of the bank’s stock worth $137,000 after buying an additional 600 shares during the period. Finally, Captrust Financial Advisors raised its stake in UMB Financial by 7.4% during the third quarter. Captrust Financial Advisors now owns 2,674 shares of the bank’s stock worth $132,000 after buying an additional 184 shares during the last quarter. 83.83% of the stock is owned by institutional investors.
About UMB Financial
UMB Financial Corporation operates as the bank holding company for the UMB Bank that provides various banking and other financial services. The company operates through four segments: Commercial Banking, Institutional Banking, Personal Banking, and Healthcare Services. The Commercial Banking segment provides commercial loans and credit cards, letters of credit; loan syndication, consultative services, and various financial options; capital markets services, including asset-based financing, asset securitization, equity and mezzanine financing, factoring, and private and public placement of senior debt, as well as merger and acquisition consulting; and depository, account reconciliation, electronic fund transfer, controlled disbursements, lockbox, and remote deposit capture services.
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