Umb Financial Corp (UMBF): Michael D Hagedorn , President of Subsidiary of Umb Financial Corp sold 7,573 shares on May 25, 2016. The Insider selling transaction was reported by the company on May 27, 2016 to the Securities and Exchange Commission. The shares were sold at $57.33 per share for a total value of $434,884.91 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 27, 2016, Michael D Hagedorn (President of Subsidiary) sold 13,055 shares at $57.65 per share price.On May 4, 2016, Greg M Graves (director) purchased 224 shares at $55.80 per share price.Also, On Mar 14, 2016, Andrew J Iseman (CEO of Subsidiary) sold 3,672 shares at $51.82 per share price.On Mar 10, 2016, Kris A Robbins (director) sold 600 shares at $50.25 per share price.
Shares of UMB Financial Corp (UMBF) ended Wednesday, May 25, 2016 session in red amid volatile trading. The shares closed down -0.01 points or -0.02% at $57.59 with 2,43,538 shares getting traded. Post opening the session at $57.59, the shares hit an intraday low of $56.01 and an intraday high of $57.95 and the price vacillated in this range throughout the day. The company has a market cap of $2,850 M and the number of outstanding shares has been calculated to be 4,94,81,352 shares. The 52-week high of UMB Financial Corp is $58.84 and the 52-week low is $39.55.
On Apr 26, 2016, UMB Financial Corp announced a cash dividend of $0.2450. The company’s management has announced Jun 8, 2016 as the ex-dividend date and fixed the record date on Jun 10, 2016. The payable date has been fixed on Jul 1, 2016.
Company has been under the radar of several Street Analysts.UMB Financial Corp is Upgraded by Raymond James to Mkt Perform. Earlier the firm had a rating of Underperform on the company shares. The Rating was issued on Apr 28, 2016.
UMB Financial Corporation is a financial holding company. The Companys 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.