UMB Financial Corp (NASDAQ:UMBF) has earned an average recommendation of “Hold” from the eight brokerages that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $74.50.

Several equities analysts have recently commented on the stock. Stephens restated a “hold” rating and issued a $80.00 target price on shares of UMB Financial in a research report on Wednesday, October 24th. Bank of America cut shares of UMB Financial from a “buy” rating to a “neutral” rating in a research report on Thursday, January 10th. BidaskClub cut shares of UMB Financial from a “hold” rating to a “sell” rating in a research report on Thursday, December 13th. Raymond James cut shares of UMB Financial from an “outperform” rating to a “mkt perform” rating in a research report on Monday, January 7th. Finally, Zacks Investment Research raised shares of UMB Financial from a “sell” rating to a “hold” rating in a report on Friday, October 26th.

In related news, VP Jennifer M. Payne sold 539 shares of UMB Financial stock in a transaction that occurred on Friday, November 16th. The shares were sold at an average price of $64.99, for a total transaction of $35,029.61. Following the sale, the vice president now directly owns 9,338 shares of the company’s stock, valued at approximately $606,876.62. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Shannon Andresen Johnson sold 470 shares of UMB Financial stock in a transaction that occurred on Thursday, November 15th. The shares were sold at an average price of $65.34, for a total transaction of $30,709.80. Following the sale, the executive vice president now directly owns 10,135 shares in the company, valued at $662,220.90. The disclosure for this sale can be found here. Insiders have sold a total of 2,611 shares of company stock worth $170,238 over the last ninety days. 10.26% of the stock is currently owned by insiders.

Several institutional investors have recently made changes to their positions in UMBF. California Public Employees Retirement System grew its holdings in shares of UMB Financial by 24.6% during the 2nd quarter. California Public Employees Retirement System now owns 105,770 shares of the bank’s stock valued at $8,063,000 after purchasing an additional 20,902 shares during the last quarter. Public Employees Retirement System of Ohio grew its holdings in UMB Financial by 1,949.7% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 19,718 shares of the bank’s stock worth $1,503,000 after acquiring an additional 18,756 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in UMB Financial by 10.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 930,028 shares of the bank’s stock worth $70,896,000 after acquiring an additional 88,848 shares during the last quarter. Northern Trust Corp grew its holdings in UMB Financial by 0.8% during the 2nd quarter. Northern Trust Corp now owns 1,228,896 shares of the bank’s stock worth $93,679,000 after acquiring an additional 10,081 shares during the last quarter. Finally, NJ State Employees Deferred Compensation Plan bought a new stake in UMB Financial during the 3rd quarter worth approximately $213,000. 87.70% of the stock is currently owned by institutional investors.

Shares of NASDAQ:UMBF opened at $68.44 on Tuesday. The company has a market capitalization of $3.40 billion, a PE ratio of 18.25, a PEG ratio of 2.20 and a beta of 0.90. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 0.04. UMB Financial has a 12 month low of $57.00 and a 12 month high of $82.14.

About UMB Financial

UMB Financial Corporation, a bank holding company, provides various banking and other financial services. It operates through two segments, Bank and Asset Servicing. The Bank segment offers a range of banking services to commercial, retail, government, and correspondent bank customers through its branches, call center, Internet banking, and ATM network.

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