UMB Financial Corp (NASDAQ:UMBF) EVP Christian R. Swett sold 1,862 shares of UMB Financial stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $73.50, for a total transaction of $136,857.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Shares of UMB Financial Corp (NASDAQ UMBF) traded up $2.02 on Friday, reaching $73.73. 784,330 shares of the company’s stock were exchanged, compared to its average volume of 215,551. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.66 and a current ratio of 0.66. UMB Financial Corp has a 1 year low of $62.27 and a 1 year high of $81.55. The company has a market capitalization of $3,780.00, a price-to-earnings ratio of 19.49, a P/E/G ratio of 2.19 and a beta of 0.82.

UMB Financial (NASDAQ:UMBF) last announced its quarterly earnings results on Tuesday, October 24th. The bank reported $0.98 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.93 by $0.05. UMB Financial had a net margin of 17.05% and a return on equity of 9.03%. The firm had revenue of $245.20 million for the quarter, compared to analyst estimates of $257.76 million. During the same quarter in the previous year, the firm posted $0.87 earnings per share. The business’s revenue was up 7.4% on a year-over-year basis. research analysts forecast that UMB Financial Corp will post 3.63 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 2nd. Shareholders of record on Friday, December 8th will be paid a $0.275 dividend. The ex-dividend date is Thursday, December 7th. This represents a $1.10 dividend on an annualized basis and a yield of 1.49%. This is a positive change from UMB Financial’s previous quarterly dividend of $0.26. UMB Financial’s payout ratio is presently 30.64%.

Several hedge funds and other institutional investors have recently bought and sold shares of UMBF. Aperio Group LLC raised its holdings in shares of UMB Financial by 0.6% in the second quarter. Aperio Group LLC now owns 15,129 shares of the bank’s stock valued at $1,133,000 after purchasing an additional 85 shares during the last quarter. Great West Life Assurance Co. Can raised its holdings in shares of UMB Financial by 0.6% in the second quarter. Great West Life Assurance Co. Can now owns 25,465 shares of the bank’s stock valued at $1,905,000 after purchasing an additional 157 shares during the last quarter. World Asset Management Inc raised its holdings in shares of UMB Financial by 1.6% in the second quarter. World Asset Management Inc now owns 2,769 shares of the bank’s stock valued at $207,000 after purchasing an additional 43 shares during the last quarter. Schwab Charles Investment Management Inc. raised its holdings in shares of UMB Financial by 10.7% in the second quarter. Schwab Charles Investment Management Inc. now owns 240,242 shares of the bank’s stock valued at $17,985,000 after purchasing an additional 23,225 shares during the last quarter. Finally, Arizona State Retirement System raised its holdings in shares of UMB Financial by 1.6% in the second quarter. Arizona State Retirement System now owns 18,500 shares of the bank’s stock valued at $1,385,000 after purchasing an additional 300 shares during the last quarter. Institutional investors own 83.00% of the company’s stock.

UMBF has been the topic of a number of research reports. BidaskClub lowered shares of UMB Financial from a “hold” rating to a “sell” rating in a research note on Tuesday. Zacks Investment Research lowered shares of UMB Financial from a “hold” rating to a “sell” rating in a research note on Thursday, November 30th. Finally, Piper Jaffray Companies set a $74.00 price target on shares of UMB Financial and gave the company a “hold” rating in a research note on Friday, August 25th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $77.20.

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About UMB Financial

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.

Insider Buying and Selling by Quarter for UMB Financial (NASDAQ:UMBF)

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