UMB Financial Corporation (NASDAQ:UMBF) Director Greg M. Graves purchased 273 shares of the company’s stock in a transaction that occurred on Wednesday, November 1st. The stock was bought at an average price of $73.21 per share, for a total transaction of $19,986.33. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Shares of UMB Financial Corporation (UMBF) traded up $0.28 on Friday, reaching $72.88. The company’s stock had a trading volume of 186,036 shares, compared to its average volume of 167,530. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.04. The company has a market cap of $3,627.34, a PE ratio of 19.77, a price-to-earnings-growth ratio of 2.38 and a beta of 0.84.

UMB Financial Corporation (NASDAQ:UMBF) last announced its quarterly earnings data 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 Corporation had a return on equity of 9.03% and a net margin of 17.05%. The company 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 company earned $0.87 EPS. The firm’s revenue for the quarter was up 7.4% compared to the same quarter last year. equities research analysts anticipate that UMB Financial Corporation will post 3.64 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 2nd. Shareholders of record on Friday, December 8th will be issued a $0.275 dividend. This represents a $1.10 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date is Thursday, December 7th. This is a positive change from UMB Financial Corporation’s previous quarterly dividend of $0.26. UMB Financial Corporation’s payout ratio is currently 28.41%.

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UMBF has been the topic of several recent research reports. Zacks Investment Research upgraded UMB Financial Corporation from a “hold” rating to a “buy” rating and set a $84.00 price target on the stock in a research report on Thursday, October 5th. Stephens set a $71.00 price target on UMB Financial Corporation and gave the company a “hold” rating in a research report on Wednesday, July 26th. Piper Jaffray Companies set a $74.00 price target on UMB Financial Corporation and gave the company a “hold” rating in a research report on Friday, August 25th. Raymond James Financial, Inc. upgraded UMB Financial Corporation from a “market perform” rating to an “outperform” rating in a research report on Thursday, August 10th. Finally, UBS AG raised UMB Financial Corporation from a “market perform” rating to an “outperform” rating in a report on Thursday, August 10th. Two analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $77.20.

A number of institutional investors and hedge funds have recently made changes to their positions in UMBF. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of UMB Financial Corporation by 8.8% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,604 shares of the bank’s stock worth $120,000 after acquiring an additional 130 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of UMB Financial Corporation by 21.2% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,890 shares of the bank’s stock worth $143,000 after acquiring an additional 330 shares in the last quarter. Riverhead Capital Management LLC boosted its stake in shares of UMB Financial Corporation by 53.9% during the 2nd quarter. Riverhead Capital Management LLC now owns 2,463 shares of the bank’s stock worth $184,000 after acquiring an additional 863 shares in the last quarter. Pitcairn Co. purchased a new stake in shares of UMB Financial Corporation during the 2nd quarter worth approximately $201,000. Finally, World Asset Management Inc boosted its stake in shares of UMB Financial Corporation by 1.6% during the 2nd quarter. World Asset Management Inc now owns 2,769 shares of the bank’s stock worth $207,000 after acquiring an additional 43 shares in the last quarter. 82.35% of the stock is currently owned by institutional investors.

About UMB Financial Corporation

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 Corporation (NASDAQ:UMBF)

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