UMB Financial Corp (NASDAQ:UMBF) insider Thomas S. Terry sold 1,602 shares of UMB Financial stock in a transaction on Wednesday, November 14th. The shares were sold at an average price of $65.23, for a total value of $104,498.46. Following the completion of the transaction, the insider now directly owns 28,948 shares of the company’s stock, valued at $1,888,278.04. The sale was disclosed in a legal filing with the SEC, which is available through this link.

UMB Financial stock opened at $65.32 on Monday. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 0.04. 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 $3.26 billion, a PE ratio of 17.42, a price-to-earnings-growth ratio of 1.79 and a beta of 0.89.

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

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 2nd. Stockholders of record on Monday, December 10th will be issued a dividend of $0.30 per share. The ex-dividend date is Friday, December 7th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.84%. This is a boost from UMB Financial’s previous quarterly dividend of $0.29. UMB Financial’s payout ratio is 30.93%.

Several institutional investors have recently bought and sold shares of the company. Arizona State Retirement System increased its holdings in UMB Financial by 2.7% in the 2nd quarter. Arizona State Retirement System now owns 30,583 shares of the bank’s stock worth $2,331,000 after purchasing an additional 798 shares in the last quarter. Xact Kapitalforvaltning AB increased its holdings in UMB Financial by 13.1% in the 3rd quarter. Xact Kapitalforvaltning AB now owns 6,930 shares of the bank’s stock worth $491,000 after purchasing an additional 800 shares in the last quarter. Riverhead Capital Management LLC increased its holdings in UMB Financial by 20.5% in the 3rd quarter. Riverhead Capital Management LLC now owns 4,700 shares of the bank’s stock worth $333,000 after purchasing an additional 800 shares in the last quarter. Meadow Creek Investment Management LLC increased its holdings in UMB Financial by 16.1% in the 2nd quarter. Meadow Creek Investment Management LLC now owns 6,272 shares of the bank’s stock worth $478,000 after purchasing an additional 868 shares in the last quarter. Finally, The Manufacturers Life Insurance Company increased its holdings in UMB Financial by 0.9% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 102,143 shares of the bank’s stock worth $7,242,000 after purchasing an additional 939 shares in the last quarter. 88.07% of the stock is owned by institutional investors.

Several equities analysts have weighed in on UMBF shares. Raymond James set a $69.00 price objective on UMB Financial and gave the company a “buy” rating in a report on Thursday, October 25th. 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 “sell” rating to a “hold” rating in a report on Wednesday, September 12th. ValuEngine raised UMB Financial from a “sell” rating to a “hold” rating in a report on Friday, August 3rd. Finally, Stephens reissued a “hold” rating and set a $80.00 price target on shares of UMB Financial in a report on Wednesday, October 24th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $77.00.

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UMB Financial Company Profile

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.

Read More: Stock Symbols and CUSIP Explained

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

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