GHP Investment Advisors Inc. Has $5.02 Million Holdings in UMB Financial Co. (NASDAQ:UMBF)

GHP Investment Advisors Inc. trimmed its position in UMB Financial Co. (NASDAQ:UMBF) by 0.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,490 shares of the bank’s stock after selling 226 shares during the quarter. GHP Investment Advisors Inc. owned 0.09% of UMB Financial worth $5,021,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of UMBF. Cerity Partners LLC increased its holdings in UMB Financial by 767.4% in the 3rd quarter. Cerity Partners LLC now owns 21,269 shares of the bank’s stock valued at $2,236,000 after buying an additional 18,817 shares during the period. Principal Financial Group Inc. boosted its position in shares of UMB Financial by 403.7% during the 3rd quarter. Principal Financial Group Inc. now owns 866,848 shares of the bank’s stock valued at $91,114,000 after acquiring an additional 694,751 shares in the last quarter. Natixis Advisors LLC increased its stake in UMB Financial by 51.2% in the third quarter. Natixis Advisors LLC now owns 28,935 shares of the bank’s stock valued at $3,041,000 after acquiring an additional 9,803 shares during the period. King Luther Capital Management Corp raised its position in UMB Financial by 229.6% in the third quarter. King Luther Capital Management Corp now owns 47,116 shares of the bank’s stock worth $4,952,000 after purchasing an additional 32,820 shares in the last quarter. Finally, Geode Capital Management LLC lifted its stake in UMB Financial by 1.9% during the third quarter. Geode Capital Management LLC now owns 1,114,251 shares of the bank’s stock worth $117,139,000 after purchasing an additional 21,091 shares during the period. 87.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at UMB Financial

In related news, CEO J Mariner Kemper sold 24,300 shares of UMB Financial stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $124.95, for a total value of $3,036,285.00. Following the completion of the sale, the chief executive officer now directly owns 1,552,304 shares in the company, valued at $193,960,384.80. This trade represents a 1.54 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Robert Brian Beaird sold 854 shares of the company’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $123.38, for a total transaction of $105,366.52. Following the transaction, the insider now owns 5,828 shares in the company, valued at approximately $719,058.64. The trade was a 12.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 25,681 shares of company stock worth $3,201,798. Insiders own 8.85% of the company’s stock.

UMB Financial Stock Performance

UMB Financial stock opened at $116.34 on Friday. UMB Financial Co. has a 12-month low of $76.00 and a 12-month high of $129.94. The stock has a 50-day simple moving average of $118.22 and a 200 day simple moving average of $110.34. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.11. The stock has a market capitalization of $5.68 billion, a price-to-earnings ratio of 12.94 and a beta of 0.82.

UMB Financial (NASDAQ:UMBF) last announced its earnings results on Tuesday, January 28th. The bank reported $2.49 earnings per share for the quarter, topping analysts’ consensus estimates of $2.25 by $0.24. UMB Financial had a net margin of 15.76% and a return on equity of 13.73%. During the same period in the prior year, the firm earned $2.29 earnings per share. On average, research analysts anticipate that UMB Financial Co. will post 9.51 earnings per share for the current fiscal year.

UMB Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Monday, March 10th will be given a $0.40 dividend. The ex-dividend date of this dividend is Monday, March 10th. This represents a $1.60 dividend on an annualized basis and a yield of 1.38%. UMB Financial’s payout ratio is 17.80%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Wells Fargo & Company increased their target price on UMB Financial from $107.00 to $120.00 and gave the stock an “equal weight” rating in a report on Thursday, October 31st. Piper Sandler increased their price objective on UMB Financial from $142.00 to $143.00 and gave the stock an “overweight” rating in a research note on Thursday, January 30th. Morgan Stanley started coverage on UMB Financial in a report on Thursday, November 21st. They set an “overweight” rating and a $156.00 price objective for the company. Citigroup reaffirmed a “neutral” rating and issued a $127.00 target price (down previously from $130.00) on shares of UMB Financial in a report on Monday. Finally, StockNews.com raised shares of UMB Financial from a “sell” rating to a “hold” rating in a report on Wednesday, January 29th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $130.14.

UMB Financial Profile

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.