UMB Financial (UMBF) – Investment Analysts’ Recent Ratings Updates

A number of firms have modified their ratings and price targets on shares of UMB Financial (NASDAQ: UMBF) recently:

  • 1/25/2018 – UMB Financial had its price target raised by analysts at Wells Fargo & Co from $71.00 to $75.00. They now have a “market perform” rating on the stock.
  • 1/23/2018 – UMB Financial was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 1/12/2018 – UMB Financial was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $85.00 price target on the stock. According to Zacks, “UMB Financial Corporation is a financial services holding company engaged in providing complete banking, asset management, health spending solutions and related financial services to commercial, institutional and personal customers nationwide. Subsidiaries of the holding company and the lead bank, UMB Bank include mutual fund and alternative investment services groups, single-purpose companies that deal with brokerage services and insurance, and a registered investment advisor that manages the company’s proprietary mutual funds and investment advisory accounts for institutional customers. The Company has banking centers throughout Missouri, Illinois, Colorado, Kansas, Oklahoma, Nebraska and Arizona. UMB Financial Corporation is headquartered in Kansas. “
  • 1/9/2018 – UMB Financial was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 12/13/2017 – UMB Financial was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “UMB Financial Corporation is a financial services holding company engaged in providing complete banking, asset management, health spending solutions and related financial services to commercial, institutional and personal customers nationwide. Subsidiaries of the holding company and the lead bank, UMB Bank include mutual fund and alternative investment services groups, single-purpose companies that deal with brokerage services and insurance, and a registered investment advisor that manages the company’s proprietary mutual funds and investment advisory accounts for institutional customers. The Company has banking centers throughout Missouri, Illinois, Colorado, Kansas, Oklahoma, Nebraska and Arizona. UMB Financial Corporation is headquartered in Kansas. “
  • 12/12/2017 – UMB Financial was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 11/30/2017 – UMB Financial was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “UMB Financial Corporation is a financial services holding company engaged in providing complete banking, asset management, health spending solutions and related financial services to commercial, institutional and personal customers nationwide. Subsidiaries of the holding company and the lead bank, UMB Bank include mutual fund and alternative investment services groups, single-purpose companies that deal with brokerage services and insurance, and a registered investment advisor that manages the company’s proprietary mutual funds and investment advisory accounts for institutional customers. The Company has banking centers throughout Missouri, Illinois, Colorado, Kansas, Oklahoma, Nebraska and Arizona. UMB Financial Corporation is headquartered in Kansas. “

UMB Financial Corp (NASDAQ UMBF) opened at $76.75 on Monday. UMB Financial Corp has a fifty-two week low of $62.27 and a fifty-two week high of $81.55. The stock has a market capitalization of $3,856.74, a P/E ratio of 15.44, a P/E/G ratio of 1.56 and a beta of 0.83. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.68 and a quick ratio of 0.66.

UMB Financial (NASDAQ:UMBF) last issued its quarterly earnings data on Tuesday, January 23rd. The bank reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.02. UMB Financial had a return on equity of 9.05% and a net margin of 23.35%. The business had revenue of $252.38 million during the quarter, compared to analyst estimates of $254.98 million. During the same period in the prior year, the company posted $0.91 EPS. The business’s revenue for the quarter was up 9.9% compared to the same quarter last year. analysts anticipate that UMB Financial Corp will post 4.42 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 2nd. Investors of record on Friday, March 9th will be issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 1.51%. This is a positive change from UMB Financial’s previous quarterly dividend of $0.28. The ex-dividend date is Thursday, March 8th. UMB Financial’s dividend payout ratio is 22.13%.

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 value of $100,566.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Christian R. Swett sold 1,862 shares of the company’s stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $73.50, for a total value of $136,857.00. The disclosure for this sale can be found here. Corporate insiders own 10.09% of the company’s stock.

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.

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