2 weeks Ago By Defense World Staff
UMB Financial Co. ( NASDAQ:UMBF – Get Free Report ) has been assigned an average recommendation of “Moderate Buy” from the eight ratings firms that are covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company.
The average 1-year target price among analysts that have issued ratings on the stock in the last year is $122.00. UMBF has been the topic of several analyst reports.
Citigroup began coverage on UMB Financial in a report on Thursday, October 10th. They set a “buy” rating and a $127.00 price target on the stock.
Morgan Stanley started coverage on shares of UMB Financial in a report on Thursday, November 21st. They issued an “overweight” rating and a $156.00 target price on the stock.
Wells Fargo & Company boosted their target price on shares of UMB Financial from $107.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 31st.
StockNews.com cut UMB Financial from a “hold” rating to a “sell” rating in a research report on Friday, November 22nd. Finally, Royal Bank of Canada started coverage on UMB Financial in a report on Friday, November 22nd.
They issued a “sector perform” rating and a $130.00 target price on the stock. Get Our Latest Analysis on UMBF Insider Buying and Selling at UMB Financial Institutional Trading of UMB Financial A number of large investors have recently bought and sold shares of the stock.
O Shaughnessy Asset Management LLC lifted its holdings in shares of UMB Financial by 30.6% during the first quarter. O Shaughnessy Asset Management LLC now owns 3,451 shares of the bank’s stock valued at $300,000 after acquiring an additional 809 shares during the period.
Lazard Asset Management LLC lifted its holdings in UMB Financial by 167.4% during the 1st quarter. Lazard Asset Management LLC now owns 4,768 shares of the bank’s stock valued at $414,000 after purchasing an additional 2,985 shares during the last quarter.
Price T Rowe Associates Inc. MD boosted its position in UMB Financial by 5.8% in the first quarter.
Price T Rowe Associates Inc. MD now owns 29,755 shares of the bank’s stock valued at $2,589,000 after buying an additional 1,633 shares in the last quarter. CWM LLC grew its stake in UMB Financial by 7.
1% during the second quarter. CWM LLC now owns 1,941 shares of the bank’s stock worth $162,000 after buying an additional 129 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc.
increased its holdings in shares of UMB Financial by 37.7% during the second quarter. Envestnet Portfolio Solutions Inc.
now owns 4,553 shares of the bank’s stock worth $380,000 after buying an additional 1,246 shares in the last quarter. 87.78% of the stock is currently owned by institutional investors.
UMB Financial Trading Down 1.3 % UMB Financial stock opened at $125.88 on Wednesday.
UMB Financial has a 12 month low of $69.96 and a 12 month high of $129.94.
The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.
11. The stock has a market cap of $6.14 billion, a P/E ratio of 15.
74 and a beta of 0.78. The company’s fifty day simple moving average is $111.
68 and its 200-day simple moving average is $98.10. UMB Financial ( NASDAQ:UMBF – Get Free Report ) last issued its earnings results on Tuesday, October 29th.
The bank reported $2.25 earnings per share for the quarter, topping the consensus estimate of $2.20 by $0.
05. The company had revenue of $716.44 million for the quarter, compared to analyst estimates of $398.
83 million. UMB Financial had a return on equity of 13.80% and a net margin of 14.
44%. During the same period in the prior year, the firm posted $2.02 EPS.
As a group, sell-side analysts forecast that UMB Financial will post 9.21 EPS for the current fiscal year. UMB Financial Increases Dividend The company also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd.
Investors of record on Tuesday, December 10th will be given a $0.40 dividend. This is a boost from UMB Financial’s previous quarterly dividend of $0.
39. This represents a $1.60 annualized dividend and a yield of 1.
27%. The ex-dividend date of this dividend is Tuesday, December 10th. UMB Financial’s dividend payout ratio (DPR) is 20.
00%. UMB Financial Company Profile ( Get Free Report UMB Financial Corporation operates as the bank holding company that provides banking services and asset servicing in the United States and internationally. The Commercial Banking segment provides commercial loans and credit card; commercial real estate financing; letters of credit; loan syndication, and consultative service; various business solutions including asset-based lending, mezzanine debt, and minority equity investment; and treasury management service, such as depository service, account reconciliation, cash management tool, accounts payable and receivable solution, electronic fund transfer and automated payment, controlled disbursement, lockbox service, and remote deposit capture service.
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