UMB Financial Co. (NASDAQ:UMBF) Shares Purchased by Vontobel Holding Ltd.

Vontobel Holding Ltd. boosted its holdings in UMB Financial Co. (NASDAQ:UMBF) by 107.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,545 shares of the bank’s stock after acquiring an additional 2,877 shares during the period. Vontobel Holding Ltd.’s holdings in UMB Financial were worth $626,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. R Squared Ltd bought a new position in shares of UMB Financial in the fourth quarter valued at approximately $117,000. Pacer Advisors Inc. boosted its stake in shares of UMB Financial by 27.8% during the 4th quarter. Pacer Advisors Inc. now owns 8,245 shares of the bank’s stock valued at $931,000 after buying an additional 1,795 shares during the period. KBC Group NV increased its position in UMB Financial by 52.5% in the 4th quarter. KBC Group NV now owns 2,004 shares of the bank’s stock worth $226,000 after purchasing an additional 690 shares during the last quarter. Tributary Capital Management LLC raised its holdings in shares of UMB Financial by 1.2% during the 4th quarter. Tributary Capital Management LLC now owns 199,649 shares of the bank’s stock valued at $22,532,000 after purchasing an additional 2,347 shares in the last quarter. Finally, LexAurum Advisors LLC acquired a new stake in shares of UMB Financial in the fourth quarter worth about $353,000. 87.78% of the stock is currently owned by institutional investors.

UMB Financial Stock Performance

Shares of UMBF stock opened at $113.02 on Thursday. The firm has a market capitalization of $5.52 billion, a price-to-earnings ratio of 12.57 and a beta of 0.82. The business’s 50-day moving average price is $115.87 and its 200-day moving average price is $111.44. UMB Financial Co. has a 12 month low of $76.00 and a 12 month high of $129.94. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.11.

UMB Financial (NASDAQ:UMBF) last issued its quarterly earnings results on Tuesday, January 28th. The bank reported $2.49 EPS for the quarter, beating analysts’ consensus estimates of $2.25 by $0.24. UMB Financial had a return on equity of 13.73% and a net margin of 15.76%. During the same quarter in the prior year, the business earned $2.29 earnings per share. Equities research analysts forecast that UMB Financial Co. will post 9.66 EPS for the current year.

UMB Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Monday, March 10th will be given a dividend of $0.40 per share. The ex-dividend date is Monday, March 10th. This represents a $1.60 annualized dividend and a dividend yield of 1.42%. UMB Financial’s dividend payout ratio is currently 17.80%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on UMBF shares. Wells Fargo & Company raised their price target on UMB Financial from $107.00 to $120.00 and gave the company an “equal weight” rating in a research report on Thursday, October 31st. StockNews.com raised UMB Financial from a “sell” rating to a “hold” rating in a research note on Wednesday, January 29th. Piper Sandler boosted their target price on UMB Financial from $142.00 to $143.00 and gave the stock an “overweight” rating in a report on Thursday, January 30th. Barclays upped their target price on shares of UMB Financial from $123.00 to $139.00 and gave the stock an “overweight” rating in a research report on Thursday, December 5th. Finally, Morgan Stanley assumed coverage on shares of UMB Financial in a research note on Thursday, November 21st. They issued an “overweight” rating and a $156.00 price objective on the stock. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, UMB Financial presently has an average rating of “Moderate Buy” and an average price target of $130.14.

Insiders Place Their Bets

In related news, CEO J Mariner Kemper sold 24,300 shares of the firm’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $124.95, for a total value of $3,036,285.00. Following the completion of the sale, the chief executive officer now owns 1,552,304 shares of the company’s stock, valued at $193,960,384.80. This trade represents a 1.54 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Kevin Charles Gallagher sold 527 shares of the business’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $114.13, for a total transaction of $60,146.51. Following the transaction, the director now owns 13,010 shares in the company, valued at $1,484,831.30. This represents a 3.89 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 8.85% of the company’s stock.

UMB Financial Profile

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.