Matarin Capital Management LLC Has Cut Its Umb Financial Corporation (UMBF) Stake as Stock Value Declined

September 17, 2017 - By test

Investors sentiment increased to 1.45 in 2016 Q4. Its up 0.13, from 1.32 in 2016Q3. It improved, as 10 investors sold UMBF shares while 64 reduced holdings. 49 funds opened positions while 58 raised stakes. 39.82 million shares or 3.17% less from 41.12 million shares in 2016Q3 were reported. Thompson Siegel & Walmsley Limited Liability Company owns 0% invested in UMB Financial Corp (NASDAQ:UMBF) for 65 shares. Bnp Paribas Arbitrage holds 0% of its portfolio in UMB Financial Corp (NASDAQ:UMBF) for 13,531 shares. Natixis has invested 0% in UMB Financial Corp (NASDAQ:UMBF). Pacad Investment holds 341 shares or 0% of its portfolio. Oppenheimer & Communication reported 0.26% of its portfolio in UMB Financial Corp (NASDAQ:UMBF). Susquehanna Intll Grp Inc Llp owns 0% invested in UMB Financial Corp (NASDAQ:UMBF) for 48,052 shares. Renaissance Technologies Limited Co, a New York-based fund reported 18,276 shares. Ny State Teachers Retirement holds 0.01% or 68,385 shares. Prudential Fincl has invested 0% in UMB Financial Corp (NASDAQ:UMBF). Advantus Mgmt has invested 0.01% in UMB Financial Corp (NASDAQ:UMBF). Amalgamated Bank stated it has 6,290 shares. Skyline Asset Mngmt Lp holds 311,200 shares or 1.59% of its portfolio. Riverhead Mngmt reported 1,400 shares or 0.01% of all its holdings. 98,009 were accumulated by Rhumbline Advisers. Keybank National Association Oh invested in 0.01% or 16,600 shares.

Since May 1, 2017, it had 3 insider buys, and 14 selling transactions for $4.61 million activity. KEMPER J MARINER sold $195,740 worth of stock or 2,695 shares. $987 worth of UMB Financial Corp (NASDAQ:UMBF) was bought by GRAVES GREG M. On Friday, May 19 Murphy Timothy R. bought $141,060 worth of UMB Financial Corp (NASDAQ:UMBF) or 2,000 shares. Shares for $126,094 were sold by Hagedorn Michael D. $74,673 worth of UMB Financial Corp (NASDAQ:UMBF) was sold by Macke Kevin M. $36,928 worth of UMB Financial Corp (NASDAQ:UMBF) was sold by ROBBINS KRIS A on Tuesday, May 9. Iseman Andrew J sold 3,386 shares worth $251,416.

Matarin Capital Management Llc decreased its stake in Umb Financial Corporation (UMBF) by 31.81% based on its latest 2016Q4 regulatory filing with the SEC. Matarin Capital Management Llc sold 45,651 shares as the company’s stock declined 12.47% while stock markets rallied. The institutional investor held 97,879 shares of the major banks company at the end of 2016Q4, valued at $7.55 million, down from 143,530 at the end of the previous reported quarter. Matarin Capital Management Llc who had been investing in Umb Financial Corporation for a number of months, seems to be less bullish one the $3.42 billion market cap company. The stock increased 1.21% or $0.82 on September 15, reaching $68.34. About 486,300 shares traded or 165.46% up from the average. UMB Financial Corp (NASDAQ:UMBF) has risen 26.44% since September 17, 2016 and is uptrending. It has outperformed by 9.74% the S&P500.

Matarin Capital Management Llc, which manages about $198.00M and $889.24M US Long portfolio, upped its stake in Biogen Inc. (NASDAQ:BIIB) by 11,283 shares to 13,092 shares, valued at $3.71 million in 2016Q4, according to the filing. It also increased its holding in Marriott Vacations Worldwide Corporation (NYSE:VAC) by 453,177 shares in the quarter, for a total of 578,092 shares, and has risen its stake in Usana Health Sciences Inc. (NYSE:USNA).

Analysts await UMB Financial Corp (NASDAQ:UMBF) to report earnings on October, 24. They expect $0.94 EPS, up 8.05 % or $0.07 from last year’s $0.87 per share. UMBF’s profit will be $47.04 million for 18.18 P/E if the $0.94 EPS becomes a reality. After $0.90 actual EPS reported by UMB Financial Corp for the previous quarter, Wall Street now forecasts 4.44 % EPS growth.

More recent UMB Financial Corp (NASDAQ:UMBF) news were published by: Bizjournals.com which released: “Newsmaker: ‘This is my dream job,’ UMB CFO says” on April 20, 2017. Also Gurufocus.com published the news titled: “Hillcrest Asset Management LLC Buys Fulton Financial Corp, UMB Financial Corp …” on August 17, 2017. Businesswire.com‘s news article titled: “UMB Financial Corporation Announces Agreement to Sell Scout Investments, Inc …” with publication date: April 20, 2017 was also an interesting one.

UMB Financial Corp (NASDAQ:UMBF) Ratings Coverage

Among 8 analysts covering UMB Financial (NASDAQ:UMBF), 2 have Buy rating, 0 Sell and 6 Hold. Therefore 25% are positive. UMB Financial has $8100 highest and $46 lowest target. $63’s average target is -7.81% below currents $68.34 stock price. UMB Financial had 15 analyst reports since July 31, 2015 according to SRatingsIntel. The stock of UMB Financial Corp (NASDAQ:UMBF) has “Market Perform” rating given on Thursday, March 16 by Raymond James. Stephens maintained UMB Financial Corp (NASDAQ:UMBF) rating on Wednesday, July 26. Stephens has “Hold” rating and $7100 target. The rating was upgraded by Raymond James to “Market Perform” on Thursday, April 28. On Thursday, August 10 the stock rating was upgraded by Raymond James to “Outperform”. The company was downgraded on Tuesday, January 10 by Piper Jaffray. The firm has “Hold” rating by Piper Jaffray given on Thursday, July 13. The rating was initiated by Wells Fargo on Friday, January 6 with “Market Perform”. The rating was maintained by Piper Jaffray with “Overweight” on Thursday, September 3. The company was upgraded on Saturday, August 8 by Zacks. Piper Jaffray maintained UMB Financial Corp (NASDAQ:UMBF) rating on Thursday, August 24. Piper Jaffray has “Hold” rating and $74.0 target.

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