UMB Financial (NASDAQ:UMBF) Stock Price Crosses Above 50 Day Moving Average After Analyst Downgrade

Key Points

• UMB Financial shares rose above their 50-day moving average, reaching $136.47 and last trading at $136.16. TD Cowen raised its price target to $154 while maintaining a Buy rating, despite several other analysts lowering their targets.
• Analyst sentiment remains moderately bullish: MarketBeat reports one Strong Buy, 11 Buy and four Hold ratings, with an average price target of $160.93.
• Recent operating results were stronger than expected: UMB reported quarterly EPS of $3.56 versus the $3.22 consensus and revenue of $772.4 million, up 13.9% year over year. The company also agreed to acquire El Dorado Savings Bank for approximately $506 million and maintained its $0.50 quarterly dividend.

UMB Financial Corporation (NASDAQ:UMBF - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Thursday after TD Cowen raised their price target on the stock from $152.00 to $154.00. The stock has a 50 day moving average of $135.94 and traded as high as $136.47. TD Cowen currently has a buy rating on the stock. UMB Financial shares last traded at $136.16, with a volume of 795,471 shares.

A number of other research analysts have also issued reports on UMBF. Weiss Ratings restated a "buy (b)" rating on shares of UMB Financial in a research report on Thursday, October 22nd. Morgan Stanley lowered their target price on UMB Financial from $190.00 to $182.00 and set an "overweight" rating on the stock in a report on Monday, September 28th. Piper Sandler decreased their price target on UMB Financial from $181.00 to $169.00 and set an "overweight" rating for the company in a research report on Thursday. Citigroup reissued a "neutral" rating and issued a $162.00 price target (up from $144.00) on shares of UMB Financial in a research note on Friday, July 31st. Finally, Wells Fargo & Company cut their price objective on UMB Financial from $160.00 to $147.00 and set an "equal weight" rating on the stock in a report on Tuesday, September 29th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $160.93.

Insider Activity at UMB Financial

In other news, insider Nikki Farentino Newton sold 2,000 shares of the stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $148.60, for a total value of $297,200.00. Following the completion of the sale, the insider owned 11,981 shares in the company, valued at $1,780,376.60. This represents a 14.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Susan Murphy sold 1,377 shares of the firm's stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $145.55, for a total value of $200,422.35. Following the completion of the sale, the director directly owned 10,635 shares of the company's stock, valued at approximately $1,547,924.25. This trade represents a 11.46% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 25,544 shares of company stock worth $3,775,862. Insiders own 5.33% of the company's stock.

UMB Financial News Summary

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

• Positive Sentiment: Q3 earnings beat expectations: UMB Financial reported adjusted earnings of $3.56 per share, above the $3.22 consensus estimate, while revenue reached $772.4 million versus expectations of $744.8 million. Revenue increased 13.9% year over year, supported by stronger net interest income and fee income. UMBF Q3 Earnings Beat on Higher NII, El Dorado Buyout Deal Announced
• Positive Sentiment: Expansion into California and Nevada: UMB agreed to acquire El Dorado Savings Bank for approximately $506 million. The transaction would broaden UMB’s branch network and geographic reach, with closing targeted for the first quarter of 2027. UMB Financial Strikes $506 Million Deal for El Dorado Savings Bank
• Positive Sentiment: Quarterly dividend maintained: The company declared a $0.50-per-share quarterly dividend, equivalent to $2.00 annually and a yield of roughly 1.5%. The dividend is payable January 4, 2027, to shareholders of record December 10. UMB Financial Declares Quarterly Dividend

Hedge Funds Weigh In On UMB Financial

Several institutional investors and hedge funds have recently bought and sold shares of the business. Summit Global Investments acquired a new position in UMB Financial in the 3rd quarter valued at approximately $632,000. VIRGINIA RETIREMENT SYSTEMS ET Al grew its holdings in shares of UMB Financial by 68.8% during the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 8,100 shares of the bank's stock valued at $1,053,000 after acquiring an additional 3,300 shares in the last quarter. Moody Aldrich Partners LLC grew its holdings in shares of UMB Financial by 211.4% during the 3rd quarter. Moody Aldrich Partners LLC now owns 72,559 shares of the bank's stock valued at $9,433,000 after acquiring an additional 49,261 shares in the last quarter. Oppenheimer & Co. Inc. increased its stake in shares of UMB Financial by 9.7% in the third quarter. Oppenheimer & Co. Inc. now owns 4,211 shares of the bank's stock worth $547,000 after acquiring an additional 373 shares during the last quarter. Finally, Park Avenue Securities LLC increased its stake in shares of UMB Financial by 15.2% in the third quarter. Park Avenue Securities LLC now owns 4,756 shares of the bank's stock worth $618,000 after acquiring an additional 627 shares during the last quarter. Hedge funds and other institutional investors own 87.78% of the company's stock.

UMB Financial Trading Up 2.9%

The company has a debt-to-equity ratio of 0.04, a current ratio of 0.76 and a quick ratio of 0.76. The company has a fifty day moving average of $135.94 and a 200-day moving average of $131.13. The firm has a market capitalization of $10.34 billion, a PE ratio of 10.31, a price-to-earnings-growth ratio of 0.62 and a beta of 0.82.

UMB Financial (NASDAQ:UMBF - Get Free Report) last released its quarterly earnings data on Tuesday, October 27th. The bank reported $3.56 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.22 by $0.34. UMB Financial had a return on equity of 14.07% and a net margin of 23.45%. The firm had revenue of $772.39 million during the quarter, compared to analysts' expectations of $744.81 million. During the same quarter last year, the firm earned $2.70 earnings per share. The business's revenue for the quarter was up 13.9% on a year-over-year basis. On average, sell-side analysts anticipate that UMB Financial Corporation will post 13.53 earnings per share for the current fiscal year.

UMB Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, January 4th. Stockholders of record on Thursday, December 10th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Thursday, December 10th. UMB Financial's payout ratio is currently 16.65%.

UMB Financial Company 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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