UMB Financial Co. (NASDAQ:UMBF) CEO J Mariner Kemper Sells 24,300 Shares

UMB Financial Co. (NASDAQ:UMBF - Get Free Report) CEO J Mariner Kemper sold 24,300 shares of UMB Financial stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $124.95, for a total value of $3,036,285.00. Following the transaction, the chief executive officer now directly owns 1,552,304 shares in the company, valued at approximately $193,960,384.80. The trade was a 1.54 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

J Mariner Kemper also recently made the following trade(s):

  • On Friday, November 1st, J Mariner Kemper sold 24,300 shares of UMB Financial stock. The stock was sold at an average price of $108.83, for a total value of $2,644,569.00.
  • On Tuesday, October 1st, J Mariner Kemper sold 24,300 shares of UMB Financial stock. The stock was sold at an average price of $101.81, for a total value of $2,473,983.00.

UMB Financial Price Performance

Shares of UMB Financial stock opened at $127.13 on Thursday. The stock has a market cap of $6.20 billion, a price-to-earnings ratio of 15.89 and a beta of 0.80. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.76 and a current ratio of 0.76. The stock has a 50 day moving average price of $114.05 and a 200-day moving average price of $99.73. UMB Financial Co. has a one year low of $75.03 and a one year high of $129.94.


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UMB Financial (NASDAQ:UMBF - Get Free Report) last posted its quarterly earnings data on Tuesday, October 29th. The bank reported $2.25 EPS for the quarter, topping the consensus estimate of $2.20 by $0.05. UMB Financial had a net margin of 14.44% and a return on equity of 13.80%. The company had revenue of $716.44 million during the quarter, compared to analyst estimates of $398.83 million. During the same period in the previous year, the firm earned $2.02 earnings per share. Equities analysts expect that UMB Financial Co. will post 9.21 EPS for the current year.

UMB Financial Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Investors of record on Tuesday, December 10th will be given a $0.40 dividend. This is a positive change from UMB Financial's previous quarterly dividend of $0.39. This represents a $1.60 dividend on an annualized basis and a yield of 1.26%. The ex-dividend date is Tuesday, December 10th. UMB Financial's dividend payout ratio is 19.50%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on UMBF. Royal Bank of Canada began coverage on UMB Financial in a report on Friday, November 22nd. They issued a "sector perform" rating and a $130.00 price target on the stock. Citigroup began coverage on UMB Financial in a report on Thursday, October 10th. They issued a "buy" rating and a $127.00 price target on the stock. Wells Fargo & Company boosted their price target on UMB Financial from $107.00 to $120.00 and gave the stock an "equal weight" rating in a report on Thursday, October 31st. Morgan Stanley began coverage on UMB Financial in a report on Thursday, November 21st. They issued an "overweight" rating and a $156.00 price target on the stock. Finally, Barclays upped their price objective on UMB Financial from $118.00 to $123.00 and gave the stock an "overweight" rating in a report on Thursday, October 31st. One research analyst has rated the stock with a sell rating, two have issued a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $122.00.

Check Out Our Latest Report on UMBF

Institutional Trading of UMB Financial

Several institutional investors have recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD raised its holdings in shares of UMB Financial by 5.8% in the first quarter. Price T Rowe Associates Inc. MD now owns 29,755 shares of the bank's stock worth $2,589,000 after buying an additional 1,633 shares during the period. CWM LLC lifted its position in shares of UMB Financial by 7.1% during the second quarter. CWM LLC now owns 1,941 shares of the bank's stock worth $162,000 after purchasing an additional 129 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its stake in shares of UMB Financial by 37.7% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 4,553 shares of the bank's stock valued at $380,000 after purchasing an additional 1,246 shares during the period. Wedge Capital Management L L P NC bought a new position in shares of UMB Financial in the second quarter worth about $3,808,000. Finally, AlphaMark Advisors LLC bought a new position in shares of UMB Financial in the second quarter worth about $321,000. Institutional investors own 87.78% of the company's stock.

UMB Financial Company Profile

(Get Free Report)

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.

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