Nikki Farentino Newton Sells 2,000 Shares of UMB Financial (NASDAQ:UMBF) Stock

UMB Financial Corporation (NASDAQ:UMBF) insider Nikki Farentino Newton sold 2,000 shares of the company’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $148.60, for a total value of $297,200.00. Following the completion of the transaction, the insider directly owned 11,981 shares in the company, valued at $1,780,376.60. This represents a 14.31% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

UMB Financial Stock Performance

UMBF opened at $146.81 on Thursday. The firm has a market cap of $11.15 billion, a PE ratio of 12.22, a P/E/G ratio of 0.73 and a beta of 0.77. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.06. The business has a fifty day simple moving average of $139.62 and a 200-day simple moving average of $128.42. UMB Financial Corporation has a fifty-two week low of $103.38 and a fifty-two week high of $150.00.

Shares of UMB Financial are set to split on Tuesday, September 1st. The 3-2 split was announced on Tuesday, July 28th. The newly minted shares will be payable to shareholders after the closing bell on Monday, August 31st.

UMB Financial (NASDAQ:UMBF) last announced its earnings results on Tuesday, July 28th. The bank reported $3.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.12 by $0.45. UMB Financial had a return on equity of 13.41% and a net margin of 21.64%.The company had revenue of $778.00 million for the quarter, compared to analyst estimates of $727.63 million. During the same period in the previous year, the firm earned $2.96 earnings per share. As a group, equities analysts predict that UMB Financial Corporation will post 13.48 EPS for the current fiscal year.

UMB Financial Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 1.4%. The ex-dividend date is Thursday, September 10th. This is a boost from UMB Financial’s previous quarterly dividend of $0.43. UMB Financial’s dividend payout ratio is presently 14.32%.

Institutional Trading of UMB Financial

Several large investors have recently added to or reduced their stakes in UMBF. Hsbc Holdings PLC increased its position in UMB Financial by 290.2% during the first quarter. Hsbc Holdings PLC now owns 13,355 shares of the bank’s stock worth $1,506,000 after buying an additional 9,932 shares during the last quarter. B. Metzler seel. Sohn & Co. AG raised its position in shares of UMB Financial by 40.8% in the fourth quarter. B. Metzler seel. Sohn & Co. AG now owns 38,261 shares of the bank’s stock valued at $4,402,000 after purchasing an additional 11,083 shares during the period. Farther Finance Advisors LLC lifted its stake in shares of UMB Financial by 5,349.0% in the fourth quarter. Farther Finance Advisors LLC now owns 13,568 shares of the bank’s stock worth $1,561,000 after buying an additional 13,319 shares during the last quarter. Clearbridge Investments LLC boosted its holdings in shares of UMB Financial by 1.5% during the 4th quarter. Clearbridge Investments LLC now owns 614,037 shares of the bank’s stock worth $70,639,000 after buying an additional 9,147 shares during the period. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of UMB Financial by 1.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,909,932 shares of the bank’s stock worth $328,200,000 after buying an additional 55,005 shares during the period. 87.78% of the stock is owned by institutional investors.

Key Headlines Impacting UMB Financial

Here are the key news stories impacting UMB Financial this week:

• Positive Sentiment: Value appeal: Zacks highlighted UMBF as a strong value stock, which may attract investors seeking a relatively inexpensive financial-services company. Here’s Why UMB Financial Is a Strong Value Stock
• Positive Sentiment: Dividend increase: UMB Financial raised its quarterly dividend to $0.50 from $0.43, implying $2.00 in annual payments and a payout ratio of about 14%. The higher dividend improves the shareholder-return profile, although the yield remains modest at roughly 1.3%.
• Positive Sentiment: Strong recent results and analyst support: The bank’s latest quarterly EPS of $3.57 exceeded estimates by $0.45, while revenue of $778 million topped expectations. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $162, above recent trading levels.
• Neutral Sentiment: Upcoming stock split: UMBF’s 3-for-2 split is scheduled for September 1, with additional shares distributed after the August 31 close. The split does not change the company’s underlying value but could improve share accessibility and trading liquidity.
• Negative Sentiment: Cluster of insider selling: CEO J. Mariner Kemper sold 4,200 shares for approximately $618,534, while insiders Phillip James Mason and Nikki Farentino Newton sold 800 and 2,000 shares, respectively. The transactions reduced their holdings by approximately 43%, 8% and 14%, which may weigh on sentiment because they occurred near the stock’s 12-month high.

Analyst Ratings Changes

UMBF has been the topic of a number of recent analyst reports. Piper Sandler restated an “overweight” rating and set a $181.00 price target (up from $161.00) on shares of UMB Financial in a report on Thursday, July 30th. Truist Financial set a $170.00 price objective on shares of UMB Financial and gave the stock a “buy” rating in a research note on Tuesday. Barclays reissued an “overweight” rating and set a $175.00 target price (up from $170.00) on shares of UMB Financial in a research note on Monday. Royal Bank Of Canada restated an “outperform” rating and issued a $170.00 target price (up from $168.00) on shares of UMB Financial in a report on Thursday, July 30th. Finally, TD Cowen reiterated a “buy” rating and set a $166.00 price target (up from $161.00) on shares of UMB Financial in a report on Thursday, July 30th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, UMB Financial currently has a consensus rating of “Moderate Buy” and a consensus target price of $162.00.

UMB Financial Company Profile

UMB Financial Corporation (NASDAQ: UMBF) is a diversified financial services holding company headquartered in Kansas City, Missouri. Through its principal banking subsidiary, UMB Bank, N.A., the company provides a full suite of commercial and consumer banking services. Key offerings include deposit accounts, commercial and consumer lending, treasury and cash management, as well as online and mobile banking solutions designed to serve businesses, individuals and municipalities.

In addition to its core banking operations, UMB Financial delivers wealth management and trust services, investment advisory, asset management and retirement planning to high-net-worth individuals, families and institutions.