3,527 Shares in UMB Financial Co. (NASDAQ:UMBF) Acquired by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC bought a new stake in shares of UMB Financial Co. (NASDAQ:UMBF - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 3,527 shares of the bank's stock, valued at approximately $398,000.

Several other large investors have also recently bought and sold shares of the stock. USA Financial Formulas increased its position in shares of UMB Financial by 124.7% during the 4th quarter. USA Financial Formulas now owns 483 shares of the bank's stock worth $55,000 after purchasing an additional 268 shares in the last quarter. Covestor Ltd increased its stake in UMB Financial by 28.8% in the fourth quarter. Covestor Ltd now owns 555 shares of the bank's stock valued at $63,000 after purchasing an additional 124 shares in the last quarter. Venturi Wealth Management LLC acquired a new stake in UMB Financial during the 4th quarter worth $96,000. Steward Partners Investment Advisory LLC bought a new position in shares of UMB Financial during the 4th quarter valued at about $103,000. Finally, R Squared Ltd acquired a new position in shares of UMB Financial in the fourth quarter valued at approximately $117,000. 87.78% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

UMBF has been the subject of a number of recent research reports. StockNews.com downgraded shares of UMB Financial from a "hold" rating to a "sell" rating in a research note on Friday, May 2nd. Wells Fargo & Company boosted their price target on UMB Financial from $105.00 to $110.00 and gave the company an "equal weight" rating in a research note on Thursday, May 1st. Royal Bank of Canada lowered their target price on shares of UMB Financial from $128.00 to $115.00 and set a "sector perform" rating on the stock in a report on Thursday, May 1st. Morgan Stanley decreased their target price on shares of UMB Financial from $156.00 to $146.00 and set an "overweight" rating on the stock in a report on Thursday, March 13th. Finally, Bank of America assumed coverage on UMB Financial in a research report on Wednesday, April 16th. They issued a "buy" rating and a $105.00 target price on the stock. One analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $120.38.

Insiders Place Their Bets

In other news, CEO J Mariner Kemper sold 3,500 shares of UMB Financial stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $108.61, for a total value of $380,135.00. Following the sale, the chief executive officer now directly owns 334,347 shares of the company's stock, valued at approximately $36,313,427.67. The trade was a 1.04 % 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. Company insiders own 5.45% of the company's stock.

UMB Financial Trading Down 0.5 %

Shares of NASDAQ:UMBF traded down $0.51 on Friday, hitting $103.05. The company had a trading volume of 131,058 shares, compared to its average volume of 520,120. UMB Financial Co. has a 1 year low of $78.56 and a 1 year high of $129.94. The firm's 50-day simple moving average is $97.23 and its two-hundred day simple moving average is $109.92. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $7.82 billion, a price-to-earnings ratio of 11.46 and a beta of 0.72.

UMB Financial (NASDAQ:UMBF - Get Free Report) last released its earnings results on Tuesday, April 29th. The bank reported $2.58 EPS for the quarter, topping analysts' consensus estimates of $2.21 by $0.37. UMB Financial had a return on equity of 13.73% and a net margin of 15.76%. The firm had revenue of $563.84 million for the quarter, compared to analysts' expectations of $555.79 million. During the same period in the prior year, the firm posted $2.47 earnings per share. The company's quarterly revenue was up 41.4% on a year-over-year basis. Equities analysts anticipate that UMB Financial Co. will post 9.66 earnings per share for the current fiscal year.

UMB Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Tuesday, June 10th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.55%. The ex-dividend date of this dividend is Tuesday, June 10th. UMB Financial's payout ratio is 20.13%.

UMB Financial Company Profile

UMB Financial Corporation operates as the bank holding company that provides banking services and asset servicing in the United States and internationally. The Commercial Banking segment provides commercial loans and credit card; commercial real estate financing; letters of credit; loan syndication, and consultative service; various business solutions including asset-based lending, mezzanine debt, and minority equity investment; and treasury management service, such as depository service, account reconciliation, cash management tool, accounts payable and receivable solution, electronic fund transfer and automated payment, controlled disbursement, lockbox service, and remote deposit capture service.