UMB Financial Corp (NASDAQ:UMBF) EVP Shannon Andresen Johnson sold 470 shares of the stock in a transaction that occurred on Thursday, November 15th. The stock was sold at an average price of $65.34, for a total transaction of $30,709.80. Following the completion of the sale, the executive vice president now owns 10,135 shares in the company, valued at $662,220.90. The transaction was disclosed in a filing with the SEC, which is available through this link.

UMB Financial stock opened at $65.32 on Monday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.69 and a current ratio of 0.69. The firm has a market cap of $3.26 billion, a PE ratio of 17.42, a P/E/G ratio of 1.79 and a beta of 0.89. UMB Financial Corp has a fifty-two week low of $57.00 and a fifty-two week high of $82.14.

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

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

UMBF has been the topic of several research reports. BidaskClub upgraded shares of UMB Financial from a “sell” rating to a “hold” rating in a research report on Tuesday, July 24th. ValuEngine cut shares of UMB Financial from a “hold” rating to a “sell” rating in a research report on Wednesday, July 25th. Zacks Investment Research upgraded shares of UMB Financial from a “sell” rating to a “hold” rating in a research report on Wednesday, August 29th. Finally, Wells Fargo & Co set a $70.00 price objective on shares of UMB Financial and gave the company a “hold” rating in a research report on Tuesday, October 2nd. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the stock. UMB Financial presently has an average rating of “Hold” and a consensus price target of $77.00.

Several hedge funds have recently added to or reduced their stakes in the stock. Teachers Advisors LLC grew its holdings in shares of UMB Financial by 1.4% during the 3rd quarter. Teachers Advisors LLC now owns 99,595 shares of the bank’s stock valued at $7,061,000 after purchasing an additional 1,371 shares during the last quarter. MetLife Investment Advisors LLC grew its holdings in shares of UMB Financial by 23.1% during the 3rd quarter. MetLife Investment Advisors LLC now owns 59,456 shares of the bank’s stock valued at $4,215,000 after purchasing an additional 11,158 shares during the last quarter. Pacer Advisors Inc. grew its holdings in shares of UMB Financial by 19.6% during the 3rd quarter. Pacer Advisors Inc. now owns 16,320 shares of the bank’s stock valued at $1,157,000 after purchasing an additional 2,678 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of UMB Financial by 0.9% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 102,143 shares of the bank’s stock valued at $7,242,000 after purchasing an additional 939 shares during the last quarter. Finally, Paloma Partners Management Co bought a new position in shares of UMB Financial during the 3rd quarter valued at $283,000. 88.07% of the stock is currently owned by 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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