UMB Financial (NASDAQ:UMBF) was downgraded by BidaskClub from a “hold” rating to a “sell” rating in a research note issued on Wednesday.

Several other brokerages have also weighed in on UMBF. Zacks Investment Research lowered shares of UMB Financial from a “buy” rating to a “hold” rating in a report on Friday, April 13th. Stephens reissued a “hold” rating and set a $85.00 price objective on shares of UMB Financial in a report on Wednesday, May 23rd. Finally, Piper Jaffray Companies raised their price objective on shares of UMB Financial from $78.00 to $79.00 and gave the stock a “neutral” rating in a report on Friday, February 2nd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $81.25.

Shares of UMB Financial opened at $77.05 on Wednesday, MarketBeat Ratings reports. The firm has a market cap of $3.84 billion, a price-to-earnings ratio of 20.55, a P/E/G ratio of 1.57 and a beta of 0.83. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.04. UMB Financial has a 1-year low of $62.27 and a 1-year high of $80.60.

UMB Financial (NASDAQ:UMBF) last announced its quarterly earnings data on Tuesday, April 24th. The bank reported $1.18 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.05 by $0.13. The company had revenue of $253.45 million during the quarter, compared to analyst estimates of $257.41 million. UMB Financial had a net margin of 24.36% and a return on equity of 9.56%. During the same period last year, the business earned $0.89 EPS. equities analysts forecast that UMB Financial will post 4.72 earnings per share for the current fiscal year.

In other news, EVP John Pauls sold 470 shares of UMB Financial stock in a transaction dated Tuesday, May 8th. The shares were sold at an average price of $78.52, for a total value of $36,904.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Timothy R. Murphy purchased 1,500 shares of the firm’s stock in a transaction dated Wednesday, March 14th. The stock was acquired at an average cost of $76.23 per share, with a total value of $114,345.00. Following the completion of the acquisition, the director now directly owns 6,135 shares in the company, valued at approximately $467,671.05. The disclosure for this purchase can be found here. Insiders sold a total of 27,165 shares of company stock valued at $2,095,465 over the last ninety days. Company insiders own 10.26% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of UMB Financial by 50.3% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,411 shares of the bank’s stock valued at $173,000 after buying an additional 807 shares during the period. Zeke Capital Advisors LLC acquired a new position in shares of UMB Financial in the 4th quarter valued at about $202,000. Advisor Group Inc. boosted its holdings in shares of UMB Financial by 137.6% in the 4th quarter. Advisor Group Inc. now owns 2,892 shares of the bank’s stock valued at $209,000 after buying an additional 1,675 shares during the period. Evergreen Capital Management LLC acquired a new position in shares of UMB Financial in the 1st quarter valued at about $218,000. Finally, Tyers Asset Management LLC boosted its holdings in shares of UMB Financial by 31.3% in the 4th quarter. Tyers Asset Management LLC now owns 3,088 shares of the bank’s stock valued at $222,000 after buying an additional 736 shares during the period. 86.42% of the stock is owned by institutional investors and hedge funds.

About UMB Financial

UMB Financial Corporation, a bank holding company, provides various banking and other financial services. It operates through two segments, Bank and Asset Servicing. The Bank segment offers a range of banking services to commercial, retail, government, and correspondent bank customers through its branches, call center, Internet banking, and ATM network.

Analyst Recommendations for UMB Financial (NASDAQ:UMBF)

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