Umb Bank N Amo buys $341,885,704 stake in UMB Financial Corp (UMBF)

UMB Financial Corp (UMBF) : Umb Bank N Amo scooped up 71,782 additional shares in UMB Financial Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 20, 2016. The investment management firm now holds a total of 6,451,891 shares of UMB Financial Corp which is valued at $341,885,704.UMB Financial Corp makes up approximately 14.40% of Umb Bank N Amo’s portfolio.

UMB Financial Corp closed down -0.22 points or -0.41% at $52.99 with 4,83,263 shares getting traded on Friday. Post opening the session at $53.09, the shares hit an intraday low of $52.8 and an intraday high of $53.52 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Other Hedge Funds, Including , Fisher Asset Management reduced its stake in UMBF by selling 12,666 shares or 1.69% in the most recent quarter. The Hedge Fund company now holds 736,317 shares of UMBF which is valued at $39,017,438. UMB Financial Corp makes up approx 0.08% of Fisher Asset Management’s portfolio. Capital Impact Advisors sold out all of its stake in UMBF during the most recent quarter. The investment firm sold 18,815 shares of UMBF which is valued $965,586.Country Club Trust Company N.a. reduced its stake in UMBF by selling 2,724 shares or 13.7% in the most recent quarter. The Hedge Fund company now holds 17,161 shares of UMBF which is valued at $880,703. UMB Financial Corp makes up approx 0.13% of Country Club Trust Company N.a.’s portfolio.Capstone Asset Management Co reduced its stake in UMBF by selling 690 shares or 4.98% in the most recent quarter. The Hedge Fund company now holds 13,173 shares of UMBF which is valued at $676,038. UMB Financial Corp makes up approx 0.02% of Capstone Asset Management Co’s portfolio.Central Trust Co boosted its stake in UMBF in the latest quarter, The investment management firm added 4,734 additional shares and now holds a total of 8,002 shares of UMB Financial Corp which is valued at $410,663. UMB Financial Corp makes up approx 0.03% of Central Trust Co’s portfolio.

On the company’s financial health, UMB Financial Corp reported $0.79 EPS for the quarter, beating the analyst consensus estimate by $ 0.11 according to the earnings call on Apr 26, 2016. Analyst had a consensus of $0.68. The company had revenue of $234.20 million for the quarter, compared to analysts expectations of $232.89 million. The company’s revenue was up 8.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.75 EPS.

UMB Financial Corporation is a financial holding company. The Company’s primary banking subsidiary is UMB Bank National Association (the Bank). The Company supplies banking services institutional investment management asset servicing and payment solutions in the United States and across the world. The Company operates in four segments: Bank Institutional Investment Management Asset Servicing and Payment Solutions. The Bank provides banking services to commercial retail Government and correspondent bank customers. Institutional Investment Management segment provides equity and fixed income investment strategies. Asset Servicing segment provides services to the asset management industry for investment products including mutual funds alternative investments and managed accounts. Payment Solutions segment provides consumer and commercial credit and debit card prepaid debit card solutions healthcare services and institutional cash management.

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