November 18, 2016 - By Ellis Scott · 0 Comments
The stock of Umb Financial Corporation (NASDAQ:UMBF) registered an increase of 0.8% in short interest. UMBF’s total short interest was 3.25M shares in November as published by FINRA. Its up 0.8% from 3.23M shares, reported previously. With 219,700 shares average volume, it will take short sellers 15 days to cover their UMBF’s short positions. The short interest to Umb Financial Corporation’s float is 7.74%. About 47,804 shares traded hands. UMB Financial Corp (NASDAQ:UMBF) has risen 41.30% since April 18, 2016 and is uptrending. It has outperformed by 36.87% the S&P500.
UMB Financial Corporation is a diversified financial holding company. The company has a market cap of $3.70 billion. The Firm supplies banking services, institutional investment management, asset servicing and payment solutions to its clients in the United States and around the globe. It has a 25.08 P/E ratio.
Insitutional Activity: The institutional sentiment decreased to 1.32 in Q2 2016. Its down 0.48, from 1.8 in 2016Q1. The ratio turned negative, as 7 funds sold all UMB Financial Corp shares owned while 42 reduced positions. 19 funds bought stakes while 69 increased positions. They now own 41.14 million shares or 4.27% less from 42.98 million shares in 2016Q1.
Susquehanna Group Limited Liability Partnership reported 22,140 shares or 0% of all its holdings. Envestnet Asset Mgmt Incorporated owns 3,418 shares or 0% of their US portfolio. Pub Sector Pension Board reported 29,455 shares or 0.02% of all its holdings. Btim Corporation owns 590,785 shares or 0.54% of their US portfolio. Wellington Shields Company Lc owns 20,000 shares or 0.66% of their US portfolio. Parametric Port Associates Ltd Llc last reported 0% of its portfolio in the stock. Renaissance Techs Ltd Liability, a New York-based fund reported 118,500 shares. Checchi Capital Advisers Ltd reported 141 shares or 0% of all its holdings. Moreover, Blackrock Fund Advsr has 0.03% invested in UMB Financial Corp (NASDAQ:UMBF) for 2.89 million shares. Fisher Asset Mgmt Limited Liability Company has 737,502 shares for 0.07% of their US portfolio. Delta Asset Management Ltd Liability Corporation Tn last reported 5,550 shares in the company. Suntrust Banks owns 48,443 shares or 0.02% of their US portfolio. Paradigm Asset Mngmt Communication Ltd Liability Corp last reported 400 shares in the company. Third Avenue Management Limited Company holds 0.34% of its portfolio in UMB Financial Corp (NASDAQ:UMBF) for 141,973 shares. Texas Permanent School Fund holds 0.02% of its portfolio in UMB Financial Corp (NASDAQ:UMBF) for 32,159 shares.
Insider Transactions: Since May 24, 2016, the stock had 3 insider purchases, and 8 sales for $2.35 million net activity. $792,725 worth of UMB Financial Corp (NASDAQ:UMBF) was sold by Hagedorn Michael D on Tuesday, May 24. Iseman Andrew J also sold $13,342 worth of UMB Financial Corp (NASDAQ:UMBF) shares. Macke Kevin M had sold 1,278 shares worth $89,162 on Thursday, November 10. Swett Christian R also sold $91,854 worth of UMB Financial Corp (NASDAQ:UMBF) on Monday, August 29. On Tuesday, June 14 the insider ROBBINS KRIS A sold $16,579. GRAVES GREG M bought $14,478 worth of stock or 234 shares. On Wednesday, August 31 Brian J Walker sold $184,192 worth of the stock or 3,047 shares.
Out of 4 analysts covering UMB Financial (NASDAQ:UMBF), 2 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 50% are positive. UMB Financial has been the topic of 6 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The company was maintained on Thursday, September 3 by Piper Jaffray. The stock of UMB Financial Corp (NASDAQ:UMBF) has “Sell” rating given on Saturday, August 8 by Zacks. The stock of UMB Financial Corp (NASDAQ:UMBF) earned “Market Perform” rating by Raymond James on Thursday, April 28.
UMB Financial Corporation is a diversified financial holding company. The Firm supplies banking services, institutional investment management, asset servicing and payment solutions to its clients in the United States and around the globe. The Company’s divisions include Bank; Payment Solutions; Institutional Investment Management, and Asset Servicing. The Company’s subsidiaries include Scout Investments, Inc. (Scout), an institutional asset-management company, and UMB Fund Services, Inc. (UMBFS), which provides fund accounting, transfer agency, and other services to mutual fund and alternative-investment groups. Scout offers domestic and international equity strategies through its Scout Asset Management Division and fixed income strategies through its Reams Asset Management Division.
More news for UMB Financial Corp (NASDAQ:UMBF) were recently published by: Marketwatch.com, which released: “UMB Financial Corp.” on May 17, 2010. Businesswire.com‘s article titled: “UMB Financial Corporation Finalizes Acquisition of Marquette Financial Companies” and published on June 01, 2015 is yet another important article.
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By Ellis Scott