B. Metzler seel. Sohn & Co. AG Has $4.40 Million Position in UMB Financial Corporation $UMBF

Key Points

• B. Metzler seel. Sohn & Co. AG increased its stake in UMB Financial by 40.8% to 38,261 shares, representing about $4.40 million (roughly 0.05% of the company).
• Institutional ownership is high at 87.78%, with several large managers adding to positions this year (notably UBS added 207,881 shares worth about $21.0M), while insiders have net sold shares recently.
• UMB reported Qtr EPS of $3.08, beating estimates by $0.37 though revenue missed consensus; analysts overall rate the stock a “Moderate Buy” with an average price target of $141.50, and the firm pays a $0.43 quarterly dividend (~1.4% yield).

B. Metzler seel. Sohn & Co. AG grew its stake in UMB Financial Corporation (NASDAQ:UMBF - Free Report) by 40.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 38,261 shares of the bank's stock after purchasing an additional 11,083 shares during the period. B. Metzler seel. Sohn & Co. AG owned about 0.05% of UMB Financial worth $4,402,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the business. Royal Bank of Canada raised its holdings in UMB Financial by 28.2% during the 1st quarter. Royal Bank of Canada now owns 42,829 shares of the bank's stock worth $4,329,000 after purchasing an additional 9,417 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in shares of UMB Financial by 47.0% in the 1st quarter. NewEdge Advisors LLC now owns 5,643 shares of the bank's stock worth $570,000 after buying an additional 1,803 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of UMB Financial by 65.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 207,881 shares of the bank's stock worth $21,017,000 after buying an additional 82,083 shares during the last quarter. Jane Street Group LLC boosted its holdings in shares of UMB Financial by 161.7% in the 1st quarter. Jane Street Group LLC now owns 49,877 shares of the bank's stock worth $5,043,000 after buying an additional 30,820 shares during the last quarter. Finally, Cetera Investment Advisers raised its stake in UMB Financial by 6.8% in the 2nd quarter. Cetera Investment Advisers now owns 4,232 shares of the bank's stock valued at $445,000 after acquiring an additional 269 shares during the period. 87.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at UMB Financial

In other UMB Financial news, Director Greg M. Graves acquired 220 shares of the business's stock in a transaction on Monday, February 2nd. The shares were bought at an average price of $127.83 per share, with a total value of $28,122.60. Following the transaction, the director directly owned 39,541 shares of the company's stock, valued at $5,054,526.03. The trade was a 0.56% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, Director Kevin Charles Gallagher sold 388 shares of the company's stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $129.30, for a total value of $50,168.40. Following the completion of the transaction, the director directly owned 12,488 shares in the company, valued at $1,614,698.40. This trade represents a 3.01% 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 quarter. 5.33% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

UMBF has been the topic of several analyst reports. TD Cowen reiterated a "buy" rating on shares of UMB Financial in a research report on Thursday, January 29th. Morgan Stanley dropped their price objective on UMB Financial from $156.00 to $143.00 and set an "overweight" rating for the company in a research note on Tuesday, March 31st. Zacks Research lowered UMB Financial from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 7th. Royal Bank Of Canada set a $134.00 price objective on UMB Financial and gave the stock an "outperform" rating in a report on Monday, January 12th. Finally, Keefe, Bruyette & Woods raised their price target on UMB Financial from $133.00 to $141.00 and gave the company an "outperform" rating in a report on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $141.50.

UMB Financial Stock Performance

NASDAQ:UMBF opened at $122.22 on Friday. The company has a market cap of $9.31 billion, a price-to-earnings ratio of 13.39, a PEG ratio of 1.00 and a beta of 0.75. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.75 and a quick ratio of 0.75. The stock's 50 day simple moving average is $117.41 and its two-hundred day simple moving average is $117.16. UMB Financial Corporation has a 1 year low of $90.96 and a 1 year high of $136.11.

UMB Financial (NASDAQ:UMBF - Get Free Report) last released its earnings results on Tuesday, January 27th. The bank reported $3.08 earnings per share for the quarter, beating the consensus estimate of $2.71 by $0.37. The firm had revenue of $469.80 million for the quarter, compared to the consensus estimate of $677.30 million. UMB Financial had a return on equity of 12.14% and a net margin of 16.90%.The company's revenue for the quarter was up 66.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.49 EPS. As a group, equities analysts anticipate that UMB Financial Corporation will post 12.05 earnings per share for the current fiscal year.

UMB Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Tuesday, March 10th were given a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Tuesday, March 10th. UMB Financial's dividend payout ratio is 18.84%.

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.

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