ValuEngine lowered shares of UMB Financial (NASDAQ:UMBF) from a hold rating to a sell rating in a research note issued to investors on Monday.

A number of other research analysts have also issued reports on UMBF. Zacks Investment Research lowered shares of UMB Financial from a buy rating to a hold rating in a research note on Monday, July 2nd. BidaskClub upgraded shares of UMB Financial from a sell rating to a hold rating in a research note on Wednesday, September 5th. Two equities research analysts have rated the stock with a sell rating and four have issued a hold rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of $81.50.

Shares of UMB Financial stock opened at $71.51 on Monday. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.04. UMB Financial has a 12-month low of $68.76 and a 12-month high of $82.14. The company has a market cap of $3.64 billion, a price-to-earnings ratio of 19.07, a P/E/G ratio of 1.94 and a beta of 0.81.

UMB Financial (NASDAQ:UMBF) last issued its quarterly earnings results on Tuesday, July 24th. The bank reported $1.12 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.14 by ($0.02). UMB Financial had a net margin of 25.18% and a return on equity of 9.94%. The company had revenue of $250.52 million for the quarter, compared to analyst estimates of $264.19 million. During the same quarter in the previous year, the company posted $0.90 EPS. research analysts forecast that UMB Financial will post 4.59 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, October 1st. Shareholders of record on Monday, September 10th will be paid a dividend of $0.29 per share. The ex-dividend date of this dividend is Friday, September 7th. This represents a $1.16 dividend on an annualized basis and a yield of 1.62%. UMB Financial’s payout ratio is 30.93%.

In other news, Chairman J Mariner Kemper sold 2,200 shares of the stock in a transaction on Tuesday, July 3rd. The shares were sold at an average price of $77.11, for a total value of $169,642.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Timothy R. Murphy acquired 1,000 shares of the business’s stock in a transaction dated Friday, September 14th. The stock was acquired at an average price of $74.54 per share, for a total transaction of $74,540.00. Following the purchase, the director now directly owns 8,635 shares of the company’s stock, valued at $643,652.90. The disclosure for this purchase can be found here. In the last 90 days, insiders have acquired 1,323 shares of company stock worth $98,048 and have sold 28,595 shares worth $2,159,731. Corporate insiders own 10.26% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the company. BlackRock Inc. increased its stake in shares of UMB Financial by 4.6% in the second quarter. BlackRock Inc. now owns 5,049,331 shares of the bank’s stock worth $384,908,000 after acquiring an additional 220,396 shares during the period. American Century Companies Inc. increased its stake in shares of UMB Financial by 25.7% in the second quarter. American Century Companies Inc. now owns 1,959,907 shares of the bank’s stock worth $149,404,000 after acquiring an additional 400,810 shares during the period. Northern Trust Corp increased its stake in shares of UMB Financial by 0.8% in the second 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 period. Dimensional Fund Advisors LP increased its stake in shares of UMB Financial by 0.5% in the second quarter. Dimensional Fund Advisors LP now owns 1,191,313 shares of the bank’s stock worth $90,815,000 after acquiring an additional 5,512 shares during the period. Finally, Champlain Investment Partners LLC increased its stake in shares of UMB Financial by 3.5% in the first quarter. Champlain Investment Partners LLC now owns 1,111,290 shares of the bank’s stock worth $80,446,000 after acquiring an additional 37,335 shares during the period. Hedge funds and other institutional investors own 89.36% of the company’s stock.

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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