Universal Beteiligungs und Servicegesellschaft mbH Has $7.80 Million Stock Position in UMB Financial Corporation $UMBF

Universal Beteiligungs und Servicegesellschaft mbH lifted its holdings in UMB Financial Corporation (NASDAQ:UMBF) by 10.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 65,929 shares of the bank’s stock after purchasing an additional 6,220 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned 0.09% of UMB Financial worth $7,803,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Vest Financial LLC raised its holdings in UMB Financial by 76.0% during the third quarter. Vest Financial LLC now owns 35,205 shares of the bank’s stock valued at $4,167,000 after buying an additional 15,201 shares in the last quarter. Verdence Capital Advisors LLC bought a new position in shares of UMB Financial in the 3rd quarter valued at approximately $460,000. Sequoia Financial Advisors LLC lifted its holdings in UMB Financial by 3.1% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 3,407 shares of the bank’s stock worth $403,000 after purchasing an additional 101 shares during the last quarter. Evergreen Capital Management LLC boosted its position in UMB Financial by 14.7% during the third quarter. Evergreen Capital Management LLC now owns 4,622 shares of the bank’s stock worth $549,000 after purchasing an additional 593 shares during the period. Finally, First National Advisers LLC grew its holdings in UMB Financial by 4.8% during the third quarter. First National Advisers LLC now owns 3,742 shares of the bank’s stock valued at $443,000 after purchasing an additional 172 shares during the last quarter. 87.78% of the stock is currently owned by institutional investors.

Insider Buying and Selling at UMB Financial

In other news, CEO J Mariner Kemper sold 15,367 shares of UMB Financial stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $114.58, for a total transaction of $1,760,750.86. Following the sale, the chief executive officer directly owned 1,521,414 shares in the company, valued at approximately $174,323,616.12. The trade was a 1.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Greg M. Graves bought 264 shares of the stock in a transaction that occurred on Monday, November 3rd. The stock was acquired at an average cost of $106.41 per share, for a total transaction of $28,092.24. Following the purchase, the director owned 38,411 shares of the company’s stock, valued at $4,087,314.51. This trade represents a 0.69% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have sold 17,127 shares of company stock worth $1,949,594 over the last three months. 5.45% of the stock is currently owned by corporate insiders.

UMB Financial Stock Down 1.5%

NASDAQ UMBF opened at $123.16 on Monday. UMB Financial Corporation has a twelve month low of $82.00 and a twelve month high of $129.18. The stock has a market cap of $9.36 billion, a PE ratio of 13.95, a PEG ratio of 1.00 and a beta of 0.78. The firm has a 50-day simple moving average of $116.70 and a 200 day simple moving average of $115.33. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.75 and a current ratio of 0.75.

UMB Financial (NASDAQ:UMBF) last posted its quarterly earnings results on Tuesday, October 28th. The bank reported $2.70 EPS for the quarter, beating the consensus estimate of $2.48 by $0.22. UMB Financial had a return on equity of 12.15% and a net margin of 16.01%.The firm had revenue of $678.34 million during the quarter, compared to analysts’ expectations of $661.60 million. During the same quarter in the prior year, the firm posted $2.25 EPS. The company’s revenue for the quarter was up 67.0% on a year-over-year basis. On average, research analysts forecast that UMB Financial Corporation will post 9.66 EPS for the current year.

UMB Financial Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Wednesday, December 10th were given a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 1.4%. This is an increase from UMB Financial’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Wednesday, December 10th. UMB Financial’s dividend payout ratio (DPR) is 19.48%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on UMBF. Raymond James Financial restated a “strong-buy” rating and issued a $135.00 price objective (down from $138.00) on shares of UMB Financial in a research note on Thursday, October 30th. Royal Bank Of Canada set a $134.00 target price on shares of UMB Financial and gave the stock an “outperform” rating in a research report on Monday, January 12th. Barclays set a $155.00 price target on UMB Financial and gave the company an “overweight” rating in a research report on Wednesday, October 8th. Piper Sandler reissued an “overweight” rating and set a $145.00 price objective (down previously from $148.00) on shares of UMB Financial in a research report on Thursday, October 30th. Finally, Weiss Ratings downgraded UMB Financial from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, UMB Financial currently has a consensus rating of “Moderate Buy” and a consensus target price of $137.10.

UMB Financial Company Profile

UMB Financial Corporation (NASDAQ: UMBF) is a diversified financial services holding company headquartered in Kansas City, Missouri. Through its principal banking subsidiary, UMB Bank, N.A., the company provides a full suite of commercial and consumer banking services. Key offerings include deposit accounts, commercial and consumer lending, treasury and cash management, as well as online and mobile banking solutions designed to serve businesses, individuals and municipalities.

In addition to its core banking operations, UMB Financial delivers wealth management and trust services, investment advisory, asset management and retirement planning to high-net-worth individuals, families and institutions.