Equities analysis analysts at Citigroup assumed protection on shares of UMB Monetary (NASDAQ:UMBF – Get Free Report) in a analysis report issued to purchasers and buyers on Thursday, Marketbeat experiences. The brokerage set a “purchase” score and a $127.00 value goal on the financial institution’s inventory. Citigroup’s value goal would point out a possible upside of 16.52% from the corporate’s earlier shut.
A number of different equities analysts additionally just lately weighed in on UMBF. Wells Fargo & Firm raised their value goal on UMB Monetary from $90.00 to $107.00 and gave the corporate an “equal weight” score in a analysis be aware on Thursday, August 1st. Barclays raised their value goal on UMB Monetary from $100.00 to $114.00 and gave the corporate an “obese” score in a analysis report on Thursday, August 1st. Lastly, Piper Sandler boosted their value goal on shares of UMB Monetary from $102.00 to $120.00 and gave the inventory an “obese” score in a analysis report on Thursday, August 1st. Two equities analysis analysts have rated the inventory with a maintain score, 5 have given a purchase score and one has given a powerful purchase score to the inventory. Primarily based on knowledge from MarketBeat, the corporate has a mean score of “Average Purchase” and a mean goal value of $105.86.
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UMB Monetary Inventory Efficiency
NASDAQ:UMBF opened at $108.99 on Thursday. The corporate has a fast ratio of 0.73, a present ratio of 0.73 and a debt-to-equity ratio of 0.12. UMB Monetary has a fifty-two week low of $58.92 and a fifty-two week excessive of $109.96. The agency’s fifty day easy shifting common is $101.02 and its 200-day easy shifting common is $90.32. The inventory has a market cap of $5.31 billion, a PE ratio of 14.47 and a beta of 0.78.
UMB Monetary (NASDAQ:UMBF – Get Free Report) final issued its earnings outcomes on Tuesday, July thirtieth. The financial institution reported $2.16 earnings per share for the quarter, topping the consensus estimate of $2.01 by $0.15. UMB Monetary had a internet margin of 14.55% and a return on fairness of 14.23%. The corporate had income of $390.03 million for the quarter, in comparison with analyst estimates of $384.96 million. Throughout the identical interval within the prior yr, the enterprise posted $1.93 earnings per share. The agency’s income for the quarter was up 7.2% in comparison with the identical quarter final yr. Analysts count on that UMB Monetary will put up 8.98 earnings per share for the present fiscal yr.
Insider Exercise at UMB Monetary
In associated information, CEO J Mariner Kemper offered 24,300 shares of the enterprise’s inventory in a transaction dated Tuesday, October 1st. The shares have been offered at a mean value of $101.81, for a complete worth of $2,473,983.00. Following the completion of the transaction, the chief government officer now owns 1,600,904 shares of the corporate’s inventory, valued at roughly $162,988,036.24. The commerce was a 0.00 % lower of their place. The sale was disclosed in a doc filed with the SEC, which might be accessed via this hyperlink. In different UMB Monetary information, CEO J Mariner Kemper offered 24,300 shares of UMB Monetary inventory in a transaction that occurred on Tuesday, October 1st. The shares have been offered at a mean value of $101.81, for a complete worth of $2,473,983.00. Following the completion of the sale, the chief government officer now immediately owns 1,600,904 shares of the corporate’s inventory, valued at roughly $162,988,036.24. The commerce was a 0.00 % lower of their place. The transaction was disclosed in a authorized submitting with the Securities & Trade Fee, which is accessible via this hyperlink. Additionally, Director Kris A. Robbins offered 5,000 shares of the enterprise’s inventory in a transaction on Friday, September sixth. The shares have been offered at a mean value of $102.50, for a complete worth of $512,500.00. Following the completion of the transaction, the director now owns 3,211 shares of the corporate’s inventory, valued at $329,127.50. This commerce represents a 0.00 % lower of their possession of the inventory. The disclosure for this sale might be discovered right here. Insiders have offered a complete of 42,596 shares of firm inventory valued at $4,224,884 during the last quarter. Insiders personal 8.85% of the corporate’s inventory.
Institutional Buying and selling of UMB Monetary
Numerous hedge funds have just lately added to or decreased their stakes within the enterprise. Vanguard Group Inc. elevated 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 valued at $409,321,000 after buying an extra 394,578 shares over the last quarter. Allspring International Investments Holdings LLC grew its holdings in UMB Monetary by 2.6% within the second quarter. Allspring International Investments Holdings LLC now owns 1,954,762 shares of the financial institution’s inventory valued at $163,066,000 after buying an extra 49,690 shares in the course of the interval. American Century Firms Inc. elevated its place in UMB Monetary by 6.8% in the course of the second quarter. American Century Firms Inc. now owns 1,752,524 shares of the financial institution’s inventory value $146,196,000 after buying an extra 111,090 shares over the last quarter. Dimensional Fund Advisors LP raised its stake in UMB Monetary by 6.3% in the course of the second quarter. Dimensional Fund Advisors LP now owns 1,689,895 shares of the financial institution’s inventory value $140,968,000 after buying an extra 100,000 shares in the course of the interval. Lastly, ProShare Advisors LLC boosted its holdings in shares of UMB Monetary by 102.7% within the 2nd quarter. ProShare Advisors LLC now owns 752,576 shares of the financial institution’s inventory valued at $62,780,000 after buying an extra 381,278 shares over the last quarter. 87.78% of the inventory is owned by institutional buyers and hedge funds.
About UMB Monetary
UMB Monetary Company operates because the financial institution holding firm that gives banking companies and asset servicing in the USA and internationally. The Industrial Banking phase supplies business loans and bank card; business 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 software, accounts payable and receivable answer, digital fund switch and automatic cost, managed disbursement, lockbox service, and distant deposit seize service.
Beneficial Tales
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