Phillip James Mason Sells 800 Shares of UMB Financial (NASDAQ:UMBF) Stock

UMB Financial Corporation (NASDAQ:UMBF) insider Phillip James Mason sold 800 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $147.00, for a total value of $117,600.00. Following the completion of the sale, the insider directly owned 8,894 shares in the company, valued at approximately $1,307,418. The trade was a 8.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

UMB Financial Trading Down 1.0%

UMBF opened at $146.81 on Thursday. UMB Financial Corporation has a 52 week low of $103.38 and a 52 week high of $150.00. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.06. The business has a fifty day simple moving average of $139.62 and a 200-day simple moving average of $128.42. The firm has a market cap of $11.15 billion, a P/E ratio of 12.22, a P/E/G ratio of 0.73 and a beta of 0.77.

UMB Financial’s stock is going to split on Tuesday, September 1st. The 3-2 split was announced on Tuesday, July 28th. The newly minted shares will be issued to shareholders after the market closes on Monday, August 31st.

UMB Financial (NASDAQ:UMBF) last posted its earnings results on Tuesday, July 28th. The bank reported $3.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.12 by $0.45. UMB Financial had a return on equity of 13.41% and a net margin of 21.64%.The firm had revenue of $778.00 million for the quarter, compared to analyst estimates of $727.63 million. During the same quarter in the prior year, the company earned $2.96 EPS. On average, equities analysts expect that UMB Financial Corporation will post 13.48 earnings per share for the current year.

UMB Financial Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th will be given a dividend of $0.50 per share. This is a boost from UMB Financial’s previous quarterly dividend of $0.43. This represents a $2.00 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Thursday, September 10th. UMB Financial’s dividend payout ratio is currently 14.32%.

Key Stories Impacting UMB Financial

Here are the key news stories impacting UMB Financial this week:

• Positive Sentiment: Value appeal: Zacks highlighted UMBF as a strong value stock, which may attract investors seeking a relatively inexpensive financial-services company. Here’s Why UMB Financial Is a Strong Value Stock
• Positive Sentiment: Dividend increase: UMB Financial raised its quarterly dividend to $0.50 from $0.43, implying $2.00 in annual payments and a payout ratio of about 14%. The higher dividend improves the shareholder-return profile, although the yield remains modest at roughly 1.3%.
• Positive Sentiment: Strong recent results and analyst support: The bank’s latest quarterly EPS of $3.57 exceeded estimates by $0.45, while revenue of $778 million topped expectations. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $162, above recent trading levels.
• Neutral Sentiment: Upcoming stock split: UMBF’s 3-for-2 split is scheduled for September 1, with additional shares distributed after the August 31 close. The split does not change the company’s underlying value but could improve share accessibility and trading liquidity.
• Negative Sentiment: Cluster of insider selling: CEO J. Mariner Kemper sold 4,200 shares for approximately $618,534, while insiders Phillip James Mason and Nikki Farentino Newton sold 800 and 2,000 shares, respectively. The transactions reduced their holdings by approximately 43%, 8% and 14%, which may weigh on sentiment because they occurred near the stock’s 12-month high.

Institutional Trading of UMB Financial

Hedge funds and other institutional investors have recently bought and sold shares of the business. Mercer Global Advisors Inc. ADV grew its position in UMB Financial by 4.1% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 2,563 shares of the bank’s stock valued at $295,000 after purchasing an additional 102 shares in the last quarter. Steward Partners Investment Advisory LLC lifted its position in UMB Financial by 3.9% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 2,910 shares of the bank’s stock worth $335,000 after buying an additional 108 shares in the last quarter. Concurrent Investment Advisors LLC boosted its stake in shares of UMB Financial by 1.8% during the 4th quarter. Concurrent Investment Advisors LLC now owns 6,424 shares of the bank’s stock valued at $739,000 after buying an additional 112 shares during the period. First Citizens Bank & Trust Co. grew its holdings in shares of UMB Financial by 1.7% during the 1st quarter. First Citizens Bank & Trust Co. now owns 7,272 shares of the bank’s stock valued at $820,000 after acquiring an additional 125 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its stake in shares of UMB Financial by 3.4% in the fourth quarter. Commonwealth Equity Services LLC now owns 3,908 shares of the bank’s stock worth $450,000 after acquiring an additional 129 shares during the last quarter. 87.78% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently weighed in on UMBF. Wells Fargo & Company lifted their price objective on shares of UMB Financial from $130.00 to $139.00 and gave the company an “equal weight” rating in a report on Monday, July 6th. Zacks Research cut shares of UMB Financial from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 30th. Weiss Ratings restated a “buy (b)” rating on shares of UMB Financial in a research note on Friday, July 24th. Barclays reaffirmed an “overweight” rating and set a $175.00 price objective (up from $170.00) on shares of UMB Financial in a research report on Monday. Finally, Morgan Stanley lifted their target price on UMB Financial from $143.00 to $159.00 and gave the company an “overweight” rating in a report on Monday, June 29th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $162.00.

About UMB Financial

UMB Financial Corporation (NASDAQ: UMBF) is a diversified financial services holding company headquartered in Kansas City, Missouri. Through its principal banking subsidiary, UMB Bank, N.A., the company provides a full suite of commercial and consumer banking services. Key offerings include deposit accounts, commercial and consumer lending, treasury and cash management, as well as online and mobile banking solutions designed to serve businesses, individuals and municipalities.

In addition to its core banking operations, UMB Financial delivers wealth management and trust services, investment advisory, asset management and retirement planning to high-net-worth individuals, families and institutions.