UMB Financial (UMBF) Getting Somewhat Positive Media Coverage, Study Shows
Media stories about UMB Financial (NASDAQ:UMBF) have been trending somewhat positive on Friday, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. UMB Financial earned a media sentiment score of 0.25 on Accern’s scale. Accern also assigned news stories about the bank an impact score of 46.2620625490103 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Several equities research analysts have issued reports on the stock. Zacks Investment Research lowered shares of UMB Financial from a “hold” rating to a “sell” rating in a report on Thursday, November 30th. Piper Jaffray Companies upped their target price on shares of UMB Financial from $78.00 to $79.00 and gave the stock a “neutral” rating in a report on Friday, February 2nd. BidaskClub lowered shares of UMB Financial from a “hold” rating to a “sell” rating in a report on Tuesday, December 12th. Finally, Wells Fargo & Co upped their target price on shares of UMB Financial from $71.00 to $75.00 and gave the stock a “market perform” rating in a report on Thursday, January 25th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. UMB Financial currently has an average rating of “Hold” and an average price target of $77.83.
Shares of UMB Financial (UMBF) opened at $72.28 on Friday. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.04. UMB Financial has a fifty-two week low of $62.27 and a fifty-two week high of $81.55. The firm has a market cap of $3,695.66, a PE ratio of 14.54, a PEG ratio of 1.47 and a beta of 0.87.
The company also recently announced a quarterly dividend, which will be paid on Monday, April 2nd. Stockholders of record on Friday, March 9th will be issued a $0.29 dividend. This is a positive change from UMB Financial’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend is Thursday, March 8th. This represents a $1.16 annualized dividend and a dividend yield of 1.60%. UMB Financial’s dividend payout ratio is presently 22.13%.
In other UMB Financial news, insider Kevin M. Macke sold 1,332 shares of the stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $75.50, for a total transaction of $100,566.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Chairman J Mariner Kemper sold 5,451 shares of the stock in a transaction dated Friday, January 26th. The stock was sold at an average price of $77.02, for a total transaction of $419,836.02. The disclosure for this sale can be found here. In the last ninety days, insiders sold 8,645 shares of company stock worth $657,259. 10.09% of the stock is owned by insiders.
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UMB Financial Company Profile
UMB Financial Corporation is a diversified financial holding company. The Company supplies banking services, institutional investment management, asset servicing and payment solutions to its customers in the United States and around the globe. The Company’s segments include Bank, which provides a range of banking services to commercial, retail, government and correspondent bank customers through the Company’s branches, call center, Internet banking and automated teller machine network; Institutional Investment Management, which provides equity and fixed income investment strategies in the intermediary and institutional markets, and Asset Servicing, which provides services to the asset management industry, supporting a range of investment products, including mutual funds, alternative investments and managed accounts.
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