UMB Financial (NASDAQ:UMBF) Price Target Raised to $150.00 at Hovde Group

UMB Financial (NASDAQ:UMBF) had its target price lifted by equities research analysts at Hovde Group from $145.00 to $150.00 in a note issued to investors on Wednesday. The firm presently has an “outperform” rating on the bank’s stock. Hovde Group’s price objective would indicate a potential upside of 21.29% from the company’s current price.

UMBF has been the subject of several other reports. Piper Sandler upped their price objective on UMB Financial from $145.00 to $152.00 and gave the stock an “overweight” rating in a research report on Thursday, January 29th. Weiss Ratings raised UMB Financial from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday. Raymond James Financial reaffirmed a “strong-buy” rating and set a $145.00 price objective on shares of UMB Financial in a research report on Thursday, January 29th. Royal Bank Of Canada set a $134.00 price objective on UMB Financial and gave the stock an “outperform” rating in a research report on Monday, January 12th. Finally, Morgan Stanley reduced their price objective on UMB Financial from $156.00 to $143.00 and set an “overweight” rating for the company in a research report on Tuesday, March 31st. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $142.27.

UMB Financial Trading Down 1.3%

NASDAQ:UMBF traded down $1.68 on Wednesday, reaching $123.68. The company’s stock had a trading volume of 1,718,459 shares, compared to its average volume of 579,075. UMB Financial has a 1-year low of $90.96 and a 1-year high of $136.11. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.75 and a current ratio of 0.75. The firm has a market cap of $9.42 billion, a PE ratio of 13.57, a PEG ratio of 1.01 and a beta of 0.75. The business’s 50-day moving average price is $117.27 and its two-hundred day moving average price is $117.26.

UMB Financial (NASDAQ:UMBF) last posted its earnings results on Tuesday, April 28th. The bank reported $3.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.82 by $0.59. UMB Financial had a return on equity of 12.14% and a net margin of 16.90%.The firm had revenue of $739.16 million during the quarter, compared to analysts’ expectations of $701.89 million. During the same period in the previous year, the firm earned $2.58 earnings per share. The company’s revenue was up 31.1% on a year-over-year basis. Equities research analysts anticipate that UMB Financial will post 12.05 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Kevin Charles Gallagher sold 388 shares of the company’s stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $129.30, for a total transaction of $50,168.40. Following the sale, the director owned 12,488 shares in the company, valued at approximately $1,614,698.40. This represents a 3.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO J Mariner Kemper sold 15,214 shares of the company’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $128.59, for a total value of $1,956,368.26. Following the sale, the chief executive officer owned 1,506,200 shares in the company, valued at $193,682,258. The trade was a 1.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 19,102 shares of company stock worth $2,458,247. Corporate insiders own 5.33% of the company’s stock.

Institutional Trading of UMB Financial

Institutional investors and hedge funds have recently bought and sold shares of the business. MBM Wealth Consultants LLC bought a new stake in UMB Financial in the first quarter valued at approximately $26,000. Kemnay Advisory Services Inc. bought a new stake in UMB Financial in the fourth quarter valued at approximately $27,000. Farther Finance Advisors LLC raised its stake in UMB Financial by 219.2% in the third quarter. Farther Finance Advisors LLC now owns 249 shares of the bank’s stock valued at $29,000 after buying an additional 171 shares during the period. Hilton Head Capital Partners LLC bought a new stake in UMB Financial in the fourth quarter valued at approximately $34,000. Finally, Torren Management LLC bought a new stake in UMB Financial in the fourth quarter valued at approximately $37,000. Institutional investors own 87.78% of the company’s stock.

Key Headlines Impacting UMB Financial

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

• Positive Sentiment: Q1 results meaningfully beat expectations — EPS $3.41 vs. consensus $2.82 and revenue of $739.2M (up ~31% YoY); management cited loan growth, higher NII and margin expansion as drivers. This is the primary fundamental reason for the recent bullish move. UMB Financial Q1 Earnings Beat on Y/Y Rise in NII, Expenses Fall
• Positive Sentiment: Capital returns: the board declared a $0.43 quarterly dividend (annualized yield ~1.3%) and authorized common & preferred dividends plus a share repurchase program — supportive for EPS and shareholder returns over time. UMB Financial Declares Common and Preferred Dividends and Share Repurchase Authorization
• Positive Sentiment: Operational momentum and efficiency gains — commentary and analyst write-ups highlight improving margins and lower expenses, which underpin higher profitability and the 12%+ ROE reported for the quarter. UMB Financial: Momentum Accelerates In A Strong Q1
• Neutral Sentiment: Investor materials available — management provided a press release, slide deck and shareholder/analyst call transcript (useful for guidance or granular pipeline details); these will drive near-term sentiment depending on forward commentary. Q1 Press Release/Slide Deck
• Negative Sentiment: Short-term profit-taking/positioning risk — trading volume has spiked versus average and the shares recently approached a one?year high, so some investors appear to be locking gains after the rally; that selling pressure can outweigh the beat in the near term.

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.