UMB Financial Corp (NASDAQ:UMBF) Director Timothy R. Murphy purchased 1,000 shares of the business’s stock in a transaction on Friday, September 14th. The shares were bought at an average cost of $74.54 per share, with a total value of $74,540.00. Following the acquisition, the director now directly owns 8,635 shares of the company’s stock, valued at approximately $643,652.90. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

NASDAQ:UMBF opened at $72.63 on Wednesday. UMB Financial Corp has a 52-week low of $67.51 and a 52-week high of $82.14. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.67 and a quick ratio of 0.67. The stock has a market cap of $3.74 billion, a price-to-earnings ratio of 19.41, a P/E/G ratio of 1.57 and a beta of 0.81.

UMB Financial (NASDAQ:UMBF) last released its quarterly earnings results on Tuesday, July 24th. The bank reported $1.12 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ 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 the consensus estimate of $264.19 million. During the same period in the prior year, the firm posted $0.90 EPS. equities research analysts predict that UMB Financial Corp will post 4.58 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 issued a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a yield of 1.60%. The ex-dividend date of this dividend is Friday, September 7th. UMB Financial’s dividend payout ratio is presently 30.93%.

Several research firms have issued reports on UMBF. BidaskClub raised UMB Financial from a “sell” rating to a “hold” rating in a report on Tuesday, July 24th. Zacks Investment Research raised UMB Financial from a “hold” rating to a “buy” rating and set a $87.00 price target for the company in a report on Saturday, June 16th. ValuEngine lowered UMB Financial from a “hold” rating to a “sell” rating in a report on Wednesday, July 25th. Finally, Stephens reissued a “hold” rating and set a $85.00 price target on shares of UMB Financial in a report on Wednesday, May 23rd. Six investment analysts have rated the stock with a hold rating, UMB Financial currently has an average rating of “Hold” and a consensus target price of $81.50.

A number of large investors have recently added to or reduced their stakes in the business. Kornitzer Capital Management Inc. KS bought a new position in shares of UMB Financial in the second quarter worth about $200,000. Evergreen Capital Management LLC bought a new position in shares of UMB Financial in the first quarter worth about $218,000. Nomura Holdings Inc. bought a new position in shares of UMB Financial in the second quarter worth about $226,000. Pitcairn Co. bought a new position in shares of UMB Financial in the first quarter worth about $263,000. Finally, Diversified Trust Co boosted its stake in shares of UMB Financial by 27.0% in the first quarter. Diversified Trust Co now owns 4,000 shares of the bank’s stock worth $290,000 after acquiring an additional 850 shares during the period. 89.36% of the stock is owned by institutional investors and hedge funds.

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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