UMB Financial Corp (UMBF) EVP Shannon Andresen Johnson Sells 470 Shares of Stock

UMB Financial Corp (NASDAQ:UMBF) EVP Shannon Andresen Johnson sold 470 shares of UMB Financial stock in a transaction dated Thursday, November 15th. The stock was sold at an average price of $65.34, for a total value 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of NASDAQ UMBF traded down $0.18 during midday trading on Friday, reaching $65.32. 120,507 shares of the company’s stock were exchanged, compared to its average volume of 303,654. UMB Financial Corp has a 52-week low of $57.00 and a 52-week high of $82.14. The firm has a market cap of $3.19 billion, a price-to-earnings ratio of 14.29, a PEG ratio of 1.74 and a beta of 0.89. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.69 and a current ratio of 0.69.

UMB Financial (NASDAQ:UMBF) last announced its earnings results on Tuesday, October 23rd. The bank reported $1.16 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.12 by $0.04. UMB Financial had a return on equity of 10.22% and a net margin of 25.52%. The business had revenue of $251.38 million for the quarter, compared to analyst estimates of $260.02 million. During the same period in the previous year, the company earned $0.98 earnings per share. The company’s revenue for the quarter was up 2.5% compared to the same quarter last year. As a group, research analysts predict that UMB Financial Corp will post 4.57 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 2nd. Investors of record on Monday, December 10th will be issued a $0.30 dividend. This is a positive change from UMB Financial’s previous quarterly dividend of $0.29. This represents a $1.20 annualized dividend and a yield of 1.84%. The ex-dividend date is Friday, December 7th. UMB Financial’s payout ratio is currently 30.93%.

A number of brokerages have recently issued reports on UMBF. BidaskClub raised UMB Financial from a “sell” rating to a “hold” rating in a research report on Tuesday, July 24th. Zacks Investment Research raised UMB Financial from a “sell” rating to a “hold” rating in a research report on Wednesday, August 29th. ValuEngine raised UMB Financial from a “sell” rating to a “hold” rating in a research report on Friday, August 3rd. Finally, Wells Fargo & Co set a $70.00 target price on UMB Financial and gave the stock a “hold” rating in a research report on Tuesday, October 2nd. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. UMB Financial has a consensus rating of “Hold” and a consensus target price of $77.00.

A number of institutional investors have recently made changes to their positions in the stock. Teachers Advisors LLC increased its holdings in UMB Financial by 1.4% in the third quarter. Teachers Advisors LLC now owns 99,595 shares of the bank’s stock valued at $7,061,000 after buying an additional 1,371 shares during the last quarter. MetLife Investment Advisors LLC increased its holdings in UMB Financial by 23.1% in the third quarter. MetLife Investment Advisors LLC now owns 59,456 shares of the bank’s stock valued at $4,215,000 after buying an additional 11,158 shares during the last quarter. Pacer Advisors Inc. increased its holdings in UMB Financial by 19.6% in the third quarter. Pacer Advisors Inc. now owns 16,320 shares of the bank’s stock valued at $1,157,000 after buying an additional 2,678 shares during the last quarter. The Manufacturers Life Insurance Company increased its holdings in UMB Financial by 0.9% in the third quarter. The Manufacturers Life Insurance Company now owns 102,143 shares of the bank’s stock valued at $7,242,000 after buying an additional 939 shares during the last quarter. Finally, Paloma Partners Management Co bought a new stake in UMB Financial in the third quarter valued at about $283,000. 88.40% of the stock is owned by hedge funds and other institutional investors.

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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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