UMB Financial (NASDAQ:UMBF) was downgraded by research analysts at BidaskClub from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Tuesday.

Other analysts have also recently issued reports about the company. Zacks Investment Research cut UMB Financial from a “hold” rating to a “sell” rating in a research report on Thursday, November 30th. Piper Jaffray Companies set a $74.00 target price on UMB Financial and gave the company a “hold” rating in a research report on Friday, August 25th. Three analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company’s stock. UMB Financial presently has a consensus rating of “Hold” and an average price target of $77.20.

UMB Financial (UMBF) traded up $0.30 during trading hours on Tuesday, hitting $72.85. The stock had a trading volume of 226,212 shares, compared to its average volume of 211,096. The firm has a market cap of $3,640.00, a PE ratio of 19.91, a P/E/G ratio of 2.24 and a beta of 0.82. UMB Financial has a twelve month low of $62.27 and a twelve month high of $81.55. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.04.

UMB Financial (NASDAQ:UMBF) last released its quarterly earnings data on Tuesday, October 24th. The bank reported $0.98 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.93 by $0.05. The business had revenue of $245.20 million during the quarter, compared to analysts’ expectations of $257.76 million. UMB Financial had a return on equity of 9.03% and a net margin of 17.05%. The business’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.87 EPS. research analysts forecast that UMB Financial will post 3.63 EPS for the current fiscal year.

In other UMB Financial news, insider Kevin M. Macke sold 1,332 shares of the company’s stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $75.50, for a total transaction of $100,566.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 10.09% of the stock is owned by corporate insiders.

Institutional investors and hedge funds have recently bought and sold shares of the business. Tyers Asset Management LLC purchased a new stake in UMB Financial during the 4th quarter valued at approximately $100,000. Invictus RG purchased a new stake in UMB Financial during the 1st quarter valued at approximately $111,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in UMB Financial by 8.8% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,604 shares of the bank’s stock valued at $120,000 after acquiring an additional 130 shares during the last quarter. Elkfork Partners LLC purchased a new stake in UMB Financial during the 4th quarter valued at approximately $137,000. Finally, PNC Financial Services Group Inc. raised its stake in UMB Financial by 21.2% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,890 shares of the bank’s stock valued at $143,000 after acquiring an additional 330 shares during the last quarter. 83.00% of the stock is owned by hedge funds and other institutional investors.

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About UMB Financial

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.

Analyst Recommendations for UMB Financial (NASDAQ:UMBF)

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