J Mariner Kemper Sells 4,200 Shares of UMB Financial (NASDAQ:UMBF) Stock

UMB Financial Corporation (NASDAQ:UMBF) CEO J Mariner Kemper sold 4,200 shares of the firm’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $147.27, for a total value of $618,534.00. Following the sale, the chief executive officer directly owned 5,561 shares in the company, valued at approximately $818,968.47. The trade was a 43.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

UMB Financial Stock Performance

Shares of UMB Financial stock opened at $146.81 on Thursday. The company has a market capitalization of $11.15 billion, a PE ratio of 12.22, a P/E/G ratio of 0.73 and a beta of 0.77. The company has a 50-day simple moving average of $139.62 and a two-hundred day simple moving average of $128.42. UMB Financial Corporation has a one year low of $103.38 and a one year high of $150.00. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.76 and a current ratio of 0.76.

UMB Financial shares are going to split on the morning of Tuesday, September 1st. The 3-2 split was announced on Tuesday, July 28th. The newly created shares will be issued to shareholders after the market closes on Monday, August 31st.

UMB Financial (NASDAQ:UMBF) last released its quarterly earnings results on Tuesday, July 28th. The bank reported $3.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.12 by $0.45. The business had revenue of $778.00 million for the quarter, compared to analyst estimates of $727.63 million. UMB Financial had a net margin of 21.64% and a return on equity of 13.41%. During the same period in the previous year, the company earned $2.96 earnings per share. Research analysts expect that UMB Financial Corporation will post 13.48 EPS for the current fiscal year.

UMB Financial Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Thursday, September 10th. This is a positive change from UMB Financial’s previous quarterly dividend of $0.43. UMB Financial’s payout ratio is 14.32%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Zacks Research downgraded UMB Financial from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 30th. Morgan Stanley upped their price objective on shares of UMB Financial from $143.00 to $159.00 and gave the company an “overweight” rating in a report on Monday, June 29th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of UMB Financial in a research report on Friday, July 24th. Truist Financial set a $170.00 target price on shares of UMB Financial and gave the stock a “buy” rating in a research note on Tuesday. Finally, TD Cowen reissued a “buy” rating and set a $166.00 target price (up from $161.00) on shares of UMB Financial in a research report on Thursday, July 30th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, UMB Financial currently has an average rating of “Moderate Buy” and a consensus target price of $162.00.

Key Headlines Impacting UMB Financial

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

• Positive Sentiment: Value appeal: Zacks highlighted UMBF as a strong value stock, which may attract investors seeking a relatively inexpensive financial-services company. Here’s Why UMB Financial Is a Strong Value Stock
• Positive Sentiment: Dividend increase: UMB Financial raised its quarterly dividend to $0.50 from $0.43, implying $2.00 in annual payments and a payout ratio of about 14%. The higher dividend improves the shareholder-return profile, although the yield remains modest at roughly 1.3%.
• Positive Sentiment: Strong recent results and analyst support: The bank’s latest quarterly EPS of $3.57 exceeded estimates by $0.45, while revenue of $778 million topped expectations. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $162, above recent trading levels.
• Neutral Sentiment: Upcoming stock split: UMBF’s 3-for-2 split is scheduled for September 1, with additional shares distributed after the August 31 close. The split does not change the company’s underlying value but could improve share accessibility and trading liquidity.
• Negative Sentiment: Cluster of insider selling: CEO J. Mariner Kemper sold 4,200 shares for approximately $618,534, while insiders Phillip James Mason and Nikki Farentino Newton sold 800 and 2,000 shares, respectively. The transactions reduced their holdings by approximately 43%, 8% and 14%, which may weigh on sentiment because they occurred near the stock’s 12-month high.

Institutional Trading of UMB Financial

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. MBM Wealth Consultants LLC purchased a new position in shares of UMB Financial in the first quarter worth about $26,000. Kemnay Advisory Services Inc. purchased a new position in UMB Financial during the 4th quarter worth approximately $27,000. Axiom Investment Management LLC acquired a new stake in UMB Financial during the 1st quarter valued at approximately $28,000. Hilton Head Capital Partners LLC acquired a new stake in UMB Financial during the 4th quarter valued at approximately $34,000. Finally, Torren Management LLC purchased a new stake in shares of UMB Financial in the 4th quarter valued at $37,000. Institutional investors and hedge funds own 87.78% of the company’s stock.

About UMB Financial

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.