B. Metzler seel. Sohn & Co. AG Invests $3.22 Million in UMB Financial Corporation $UMBF

B. Metzler seel. Sohn & Co. AG acquired a new stake in UMB Financial Corporation (NASDAQ:UMBF) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 27,178 shares of the bank’s stock, valued at approximately $3,217,000.

Other hedge funds also recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC grew its holdings in UMB Financial by 3.1% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 3,407 shares of the bank’s stock worth $403,000 after acquiring an additional 101 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in shares of UMB Financial by 219.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 249 shares of the bank’s stock valued at $29,000 after purchasing an additional 171 shares in the last quarter. First National Advisers LLC lifted its position in shares of UMB Financial by 4.8% in the 3rd quarter. First National Advisers LLC now owns 3,742 shares of the bank’s stock worth $443,000 after purchasing an additional 172 shares during the period. Bessemer Group Inc. lifted its position in shares of UMB Financial by 72.8% in the 3rd quarter. Bessemer Group Inc. now owns 420 shares of the bank’s stock worth $50,000 after purchasing an additional 177 shares during the period. Finally, Vanguard Personalized Indexing Management LLC boosted its stake in shares of UMB Financial by 3.7% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 6,149 shares of the bank’s stock valued at $728,000 after purchasing an additional 218 shares in the last quarter. 87.78% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

UMBF has been the topic of several research reports. TD Cowen reissued a “buy” rating on shares of UMB Financial in a report on Thursday, January 29th. Truist Financial set a $150.00 target price on UMB Financial in a report on Friday, January 30th. Raymond James Financial reiterated a “strong-buy” rating and issued a $145.00 price target on shares of UMB Financial in a report on Thursday, January 29th. Royal Bank Of Canada set a $134.00 price target on UMB Financial and gave the stock an “outperform” rating in a research report on Monday, January 12th. Finally, Barclays restated an “overweight” rating and set a $160.00 price objective on shares of UMB Financial in a research note on Thursday, January 29th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $141.18.

UMB Financial Trading Up 0.4%

NASDAQ:UMBF opened at $113.96 on Tuesday. The stock has a market capitalization of $8.68 billion, a price-to-earnings ratio of 12.48, a PEG ratio of 0.81 and a beta of 0.78. UMB Financial Corporation has a 52 week low of $82.00 and a 52 week high of $136.11. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.06. The firm has a 50 day moving average of $123.30 and a 200 day moving average of $118.39.

UMB Financial (NASDAQ:UMBF) last released its quarterly earnings results on Tuesday, January 27th. The bank reported $3.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.71 by $0.37. The business had revenue of $469.80 million for the quarter, compared to analyst estimates of $677.30 million. UMB Financial had a net margin of 16.90% and a return on equity of 12.14%. The business’s revenue for the quarter was up 66.0% on a year-over-year basis. During the same period in the previous year, the company earned $2.49 earnings per share. As a group, sell-side analysts anticipate that UMB Financial Corporation will post 9.66 earnings per share for the current fiscal year.

UMB Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Tuesday, March 10th will be paid a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 1.5%. The ex-dividend date is Tuesday, March 10th. UMB Financial’s payout ratio is 18.84%.

Insider Activity at UMB Financial

In other UMB Financial news, Director Greg M. Graves purchased 220 shares of the firm’s stock in a transaction on Monday, February 2nd. The stock was bought at an average cost of $127.83 per share, for a total transaction of $28,122.60. Following the completion of the purchase, the director owned 39,541 shares in the company, valued at $5,054,526.03. This represents a 0.56% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO J Mariner Kemper sold 15,214 shares of the firm’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $128.59, for a total value of $1,956,368.26. Following the completion of the sale, the chief executive officer directly owned 1,506,200 shares of the company’s stock, valued at approximately $193,682,258. This represents a 1.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 19,102 shares of company stock valued at $2,458,247 in the last ninety days. Corporate insiders own 5.45% of the company’s stock.

UMB Financial 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.