ProShare Advisors LLC Sells 21,612 Shares of UMB Financial Corporation $UMBF

Key Points

• ProShare Advisors reduced its UMB Financial stake by 9.6%, selling 21,612 shares and retaining 204,248 shares valued at approximately $26.6 million. Institutional investors collectively own 87.78% of the company.
• UMB Financial reported strong quarterly results, with EPS of $3.56 versus the $3.22 consensus and revenue of $772.4 million, up 13.9% year over year. The company also announced a $0.50 quarterly dividend, or $2.00 annually.
• Analyst sentiment remains positive but price targets have been reduced, with a consensus “Moderate Buy” rating and $160.93 target. UMB Financial’s planned $506 million acquisition of El Dorado Savings Bank could expand its presence in California and Nevada, though higher operating and acquisition costs may pressure near-term profits.

ProShare Advisors LLC decreased its position in shares of UMB Financial Corporation (NASDAQ:UMBF - Free Report) by 9.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 204,248 shares of the bank's stock after selling 21,612 shares during the quarter. ProShare Advisors LLC owned approximately 0.27% of UMB Financial worth $26,554,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in UMB Financial during the 2nd quarter worth about $1,458,386,000. Dimensional Fund Advisors LP increased its holdings in UMB Financial by 1.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,909,932 shares of the bank's stock worth $328,200,000 after purchasing an additional 55,005 shares during the period. Bank of America Corp DE purchased a new stake in UMB Financial during the 2nd quarter worth about $129,153,000. First Trust Advisors LP raised its position in UMB Financial by 12.0% in the 1st quarter. First Trust Advisors LP now owns 899,400 shares of the bank's stock valued at $101,443,000 after purchasing an additional 96,149 shares in the last quarter. Finally, Bank of New York Mellon Corp acquired a new stake in UMB Financial in the 2nd quarter valued at about $78,410,000. 87.78% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Truist Financial lowered their price objective on UMB Financial from $170.00 to $156.00 and set a "buy" rating for the company in a research report on Tuesday, October 20th. Citigroup reduced their target price on shares of UMB Financial from $162.00 to $145.00 and set a "neutral" rating on the stock in a report on Thursday. Stephens began coverage on shares of UMB Financial in a research note on Tuesday, July 14th. They issued an "overweight" rating and a $167.00 price target for the company. Piper Sandler lowered their price target on shares of UMB Financial from $181.00 to $169.00 and set an "overweight" rating for the company in a report on Thursday. Finally, Wells Fargo & Company dropped their price objective on shares of UMB Financial from $160.00 to $147.00 and set an "equal weight" rating on the stock in a research report on Tuesday, September 29th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, UMB Financial has a consensus rating of "Moderate Buy" and a consensus price target of $160.93.

UMB Financial News Summary

Here are the key news stories impacting UMB Financial this week:

• Positive Sentiment: TD Cowen maintained its Buy rating on UMB Financial, reinforcing the view that the stock’s earnings growth and strategic expansion justify additional upside. TD Cowen Reaffirms Their Buy Rating on UMB Financial
• Positive Sentiment: UMB Financial’s third-quarter performance showed continued growth: earnings per share exceeded analyst expectations, revenue increased 13.9% year over year, and EPS rose from $2.70 to $3.56. The earnings call also highlighted growth and expansion initiatives. UMB Financial 2026 Q3 Results
• Positive Sentiment: The company agreed to acquire El Dorado Savings Bank for approximately $506 million, giving UMB Financial entry into California and Nevada. The transaction is targeted to close in the first quarter of 2027 and could expand its geographic footprint and customer base. UMB Financial El Dorado Savings Bank Deal
• Positive Sentiment: Zacks characterized UMB Financial as both a strong momentum and value stock, potentially attracting investors seeking earnings growth at a comparatively reasonable valuation. Why UMB Financial Is a Strong Momentum Stock
• Neutral Sentiment: UMB Financial announced management changes, including a refocusing of Chief Risk Officer Shannon A. Johnson’s responsibilities. The changes may improve organizational focus, but their financial effect is not yet clear. UMB Financial Refocuses Chief Risk Officer Responsibilities
• Negative Sentiment: Citigroup lowered its price target from $162 to $145 and shifted to a Neutral rating. Although the revised target still implies upside, the downgrade signals reduced near-term conviction and may weigh on sentiment. Citigroup UMB Financial Rating
• Negative Sentiment: Director Kevin Gallagher sold 370 shares for approximately $49,883, reducing his holdings by 3.12%. The relatively small transaction is not necessarily a fundamental warning, but insider selling can add short-term caution. SEC Insider Sale Filing
• Negative Sentiment: Management expects fourth-quarter operating expenses of $400 million to $405 million while advancing the El Dorado transaction. Elevated expenses and acquisition-related costs could pressure near-term profitability before potential strategic benefits emerge. UMB Financial Fourth-Quarter Expense Outlook

UMB Financial Price Performance

UMBF stock opened at $134.47 on Monday. The business has a 50 day moving average price of $135.72 and a 200 day moving average price of $131.20. The stock has a market cap of $10.21 billion, a price-to-earnings ratio of 10.18, a PEG ratio of 0.62 and a beta of 0.84. UMB Financial Corporation has a fifty-two week low of $68.92 and a fifty-two week high of $144.36. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.04.

UMB Financial (NASDAQ:UMBF - Get Free Report) last announced its quarterly earnings results on Tuesday, October 27th. The bank reported $3.56 EPS for the quarter, beating the consensus estimate of $3.22 by $0.34. UMB Financial had a net margin of 23.45% and a return on equity of 14.07%. The company had revenue of $772.39 million for the quarter, compared to analyst estimates of $744.81 million. During the same period in the prior year, the firm posted $2.70 earnings per share. The firm's revenue was up 13.9% on a year-over-year basis. Equities research analysts anticipate that UMB Financial Corporation will post 13.79 earnings per share for the current fiscal year.

UMB Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, January 4th. Stockholders of record on Thursday, December 10th will be issued a $0.50 dividend. The ex-dividend date is Thursday, December 10th. This represents a $2.00 annualized dividend and a dividend yield of 1.5%. UMB Financial's dividend payout ratio is presently 15.14%.

Insider Transactions at UMB Financial

In other UMB Financial news, insider Nikki Farentino Newton sold 2,000 shares of the firm's stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $148.60, for a total transaction of $297,200.00. Following the transaction, the insider owned 11,981 shares of the company's stock, valued at approximately $1,780,376.60. This trade represents a 14.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Phillip Mason sold 800 shares of the company's stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $147.00, for a total value of $117,600.00. Following the completion of the sale, the insider directly owned 8,894 shares of the company's stock, valued at approximately $1,307,418. This trade represents a 8.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 19,754 shares of company stock worth $2,923,924. Insiders own 5.33% of the company's stock.

UMB Financial Profile

UMB Financial Corporation is a financial holding company headquartered in Kansas City, Missouri. Its principal subsidiary, UMB Bank, provides banking and financial services to individuals, businesses, institutions and government entities. The company serves customers through banking offices and digital channels across the Midwest and other U.S. markets.

UMB Bank offers commercial and personal banking products, including deposit accounts, loans, treasury management, payment services and credit solutions.

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