Farmers & Retailers Investments Inc. lowered its stake in shares of UMB Monetary Co. (NASDAQ:UMBF – Free Report) by 11.1% in the course of the second quarter, Holdings Channel studies. The institutional investor owned 4,018 shares of the financial institution’s inventory after promoting 500 shares in the course of the interval. Farmers & Retailers Investments Inc.’s holdings in UMB Monetary have been value $335,000 on the finish of the latest reporting interval.
A number of different institutional buyers and hedge funds additionally just lately added to or decreased their stakes within the inventory. Vanguard Group Inc. boosted its stake in shares of UMB Monetary by 9.2% in the course of the 1st quarter. Vanguard Group Inc. now owns 4,705,385 shares of the financial institution’s inventory value $409,321,000 after buying an extra 394,578 shares within the final quarter. Allspring International Investments Holdings LLC boosted its place in UMB Monetary by 2.6% in the course of the second quarter. Allspring International Investments Holdings LLC now owns 1,954,762 shares of the financial institution’s inventory value $163,066,000 after buying an extra 49,690 shares within the final quarter. Dimensional Fund Advisors LP grew its holdings in UMB Monetary by 11.7% within the fourth quarter. Dimensional Fund Advisors LP now owns 1,544,008 shares of the financial institution’s inventory valued at $129,005,000 after buying an extra 161,558 shares over the past quarter. International Alpha Capital Administration Ltd. grew its holdings in UMB Monetary by 18.0% within the fourth quarter. International Alpha Capital Administration Ltd. now owns 662,769 shares of the financial institution’s inventory valued at $55,374,000 after buying an extra 101,000 shares over the past quarter. Lastly, Charles Schwab Funding Administration Inc. elevated its place in shares of UMB Monetary by 3.1% within the fourth quarter. Charles Schwab Funding Administration Inc. now owns 526,747 shares of the financial institution’s inventory valued at $44,010,000 after shopping for an extra 15,732 shares within the final quarter. 87.78% of the inventory is presently owned by institutional buyers and hedge funds.
UMB Monetary Inventory Down 1.6 %
Shares of NASDAQ UMBF opened at $99.83 on Friday. The agency’s 50 day shifting common worth is $94.76 and its 200 day shifting common worth is $86.35. The corporate has a debt-to-equity ratio of 0.12, a fast ratio of 0.73 and a present ratio of 0.73. The agency has a market cap of $4.87 billion, a P/E ratio of 13.26 and a beta of 0.78. UMB Monetary Co. has a 1 12 months low of $57.91 and a 1 12 months excessive of $105.72.
UMB Monetary (NASDAQ:UMBF – Get Free Report) final introduced its quarterly earnings information on Tuesday, July thirtieth. The financial institution reported $2.16 EPS for the quarter, beating analysts’ consensus estimates of $2.01 by $0.15. UMB Monetary had a return on fairness of 14.23% and a internet margin of 14.55%. The enterprise had income of $390.03 million in the course of the quarter, in comparison with the consensus estimate of $384.96 million. Throughout the identical quarter within the earlier 12 months, the enterprise earned $1.93 earnings per share. The enterprise’s income for the quarter was up 7.2% on a year-over-year foundation. As a gaggle, sell-side analysts anticipate that UMB Monetary Co. will publish 8.98 earnings per share for the present 12 months.
UMB Monetary Pronounces Dividend
The enterprise additionally just lately introduced a quarterly dividend, which will probably be paid on Tuesday, October 1st. Buyers of document on Tuesday, September tenth will probably be given a $0.39 dividend. The ex-dividend date is Tuesday, September tenth. This represents a $1.56 annualized dividend and a dividend yield of 1.56%. UMB Monetary’s dividend payout ratio is presently 20.72%.
Insider Exercise at UMB Monetary
In different information, Director Kris A. Robbins bought 5,000 shares of the corporate’s inventory in a transaction on Friday, September sixth. The inventory was bought at a mean worth of $102.50, for a complete transaction of $512,500.00. Following the completion of the sale, the director now immediately owns 3,211 shares within the firm, valued at roughly $329,127.50. The transaction was disclosed in a authorized submitting with the SEC, which is offered at this hyperlink. In different information, EVP John Pauls bought 1,623 shares of the enterprise’s inventory in a transaction on Tuesday, August sixth. The shares have been bought at a mean worth of $92.97, for a complete transaction of $150,890.31. Following the transaction, the chief vice chairman now immediately owns 7,332 shares of the corporate’s inventory, valued at $681,656.04. The transaction was disclosed in a submitting with the SEC, which is offered at the SEC web site. Additionally, Director Kris A. Robbins bought 5,000 shares of the corporate’s inventory in a transaction dated Friday, September sixth. The shares have been bought at a mean worth of $102.50, for a complete transaction of $512,500.00. Following the completion of the transaction, the director now immediately owns 3,211 shares of the corporate’s inventory, valued at $329,127.50. The disclosure for this sale will be discovered right here. During the last three months, insiders bought 34,846 shares of firm inventory value $3,135,439. 8.85% of the inventory is owned by firm insiders.
Wall Avenue Analyst Weigh In
A variety of equities analysis analysts just lately commented on the inventory. Piper Sandler elevated their worth goal on shares of UMB Monetary from $102.00 to $120.00 and gave the corporate an “chubby” ranking in a analysis observe on Thursday, August 1st. Barclays raised their worth goal on shares of UMB Monetary from $100.00 to $114.00 and gave the inventory an “chubby” ranking in a analysis observe on Thursday, August 1st. Keefe, Bruyette & Woods upgraded UMB Monetary from a “market carry out” ranking to an “outperform” ranking and lifted their worth goal for the inventory from $93.00 to $98.00 in a analysis report on Friday, Could thirty first. Lastly, Wells Fargo & Firm raised their worth goal on UMB Monetary from $90.00 to $107.00 and gave the inventory an “equal weight” ranking in a analysis report on Thursday, August 1st. Two analysis analysts have rated the inventory with a maintain ranking, 4 have assigned a purchase ranking and one has given a robust purchase ranking to the corporate. In response to MarketBeat.com, the corporate presently has a mean ranking of “Reasonable Purchase” and a consensus worth goal of $102.33.
Learn Our Newest Inventory Evaluation on UMB Monetary
UMB Monetary Profile
UMB Monetary Company operates because the financial institution holding firm that gives banking providers and asset servicing in america and internationally. The Industrial Banking section supplies industrial loans and bank card; industrial actual property financing; letters of credit score; mortgage syndication, and consultative service; numerous enterprise options together with asset-based lending, mezzanine debt, and minority fairness funding; and treasury administration service, corresponding to depository service, account reconciliation, money administration device, accounts payable and receivable answer, digital fund switch and automatic fee, managed disbursement, lockbox service, and distant deposit seize service.
See Additionally
Need to see what different hedge funds are holding UMBF? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for UMB Monetary Co. (NASDAQ:UMBF – Free Report).
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