Legal & General Group Plc Has Upped Its Position in Umb Finl (UMBF) by $300,514; Dnb Asset Management As Has Lowered Marsh & Mclennan Cos (MMC) Stake by $5.35 Million; Share Price Rose

February 13, 2018 - By Richard Conner

Dnb Asset Management As decreased its stake in Marsh & Mclennan Cos Inc (MMC) by 53.27% based on its latest 2017Q3 regulatory filing with the SEC. Dnb Asset Management As sold 64,400 shares as the company’s stock rose 1.48% with the market. The institutional investor held 56,493 shares of the finance company at the end of 2017Q3, valued at $4.73 million, down from 120,893 at the end of the previous reported quarter. Dnb Asset Management As who had been investing in Marsh & Mclennan Cos Inc for a number of months, seems to be less bullish one the $41.25 billion market cap company. The stock increased 0.76% or $0.61 during the last trading session, reaching $81.04. About 3.08M shares traded or 43.72% up from the average. Marsh & McLennan Companies, Inc. (NYSE:MMC) has risen 16.25% since February 13, 2017 and is uptrending. It has underperformed by 0.45% the S&P500.

Legal & General Group Plc increased its stake in Umb Finl Corp (UMBF) by 8.55% based on its latest 2017Q3 regulatory filing with the SEC. Legal & General Group Plc bought 4,061 shares as the company’s stock declined 12.47% while stock markets rallied. The institutional investor held 51,582 shares of the major banks company at the end of 2017Q3, valued at $3.84M, up from 47,521 at the end of the previous reported quarter. Legal & General Group Plc who had been investing in Umb Finl Corp for a number of months, seems to be bullish on the $3.69 billion market cap company. The stock decreased 0.20% or $0.15 during the last trading session, reaching $73.98. About 215,099 shares traded. UMB Financial Corporation (NASDAQ:UMBF) has risen 26.44% since February 13, 2017 and is uptrending. It has outperformed by 9.74% the S&P500.




Since December 13, 2017, it had 1 insider purchase, and 3 sales for $742,288 activity. 2,700 shares valued at $206,591 were sold by KEMPER J MARINER on Friday, January 26. $136,854 worth of UMB Financial Corporation (NASDAQ:UMBF) was sold by Swett Christian R.

Legal & General Group Plc, which manages about $132.96B US Long portfolio, decreased its stake in Continental Resources Inc (NYSE:CLR) by 8,164 shares to 395,836 shares, valued at $15.28M in 2017Q3, according to the filing. It also reduced its holding in Nrg Energy Inc (NYSE:NRG) by 65,410 shares in the quarter, leaving it with 1.58M shares, and cut its stake in Coresite Rlty Corp (NYSE:COR).

Investors sentiment decreased to 1.04 in Q3 2017. Its down 0.17, from 1.21 in 2017Q2. It turned negative, as 17 investors sold UMBF shares while 55 reduced holdings. 11 funds opened positions while 64 raised stakes. 40.30 million shares or 0.01% less from 40.31 million shares in 2017Q2 were reported. Tower Capital Ltd Liability Corporation (Trc) invested in 0.03% or 4,319 shares. Tci Wealth Advsr holds 153 shares or 0.01% of its portfolio. Bancorporation Of Montreal Can holds 0% or 3,786 shares in its portfolio. D E Shaw Inc stated it has 0% in UMB Financial Corporation (NASDAQ:UMBF). Paragon Capital Management Limited Liability Com has invested 0.54% in UMB Financial Corporation (NASDAQ:UMBF). 105,782 were reported by Invesco Limited. Citigroup has invested 0% in UMB Financial Corporation (NASDAQ:UMBF). Massachusetts Financial Ma stated it has 205,701 shares. Ubs Asset Mgmt Americas Incorporated reported 27,240 shares. Teacher Retirement Sys Of Texas owns 3,485 shares. Nationwide Fund has 116,268 shares. First Bancshares Of Omaha invested in 0.19% or 41,783 shares. Rice Hall James Assoc Limited Liability holds 0.82% or 249,139 shares in its portfolio. Matarin Cap Mngmt Limited Liability Corp holds 0.42% or 66,604 shares in its portfolio. Deutsche Bancorp Ag owns 152,117 shares.

Among 9 analysts covering UMB Financial (NASDAQ:UMBF), 2 have Buy rating, 0 Sell and 7 Hold. Therefore 22% are positive. UMB Financial had 22 analyst reports since July 31, 2015 according to SRatingsIntel. On Wednesday, July 26 the stock rating was maintained by Stephens with “Hold”. The rating was maintained by Piper Jaffray on Thursday, February 1 with “Hold”. FBR Capital initiated the stock with “Mkt Perform” rating in Tuesday, January 10 report. Piper Jaffray maintained the shares of UMBF in report on Thursday, September 3 with “Overweight” rating. Keefe Bruyette & Woods maintained UMB Financial Corporation (NASDAQ:UMBF) on Thursday, December 21 with “Hold” rating. Keefe Bruyette & Woods maintained the shares of UMBF in report on Tuesday, October 3 with “Hold” rating. The firm has “Market Perform” rating given on Friday, January 6 by Wells Fargo. The stock of UMB Financial Corporation (NASDAQ:UMBF) earned “Neutral” rating by Piper Jaffray on Tuesday, January 10. The firm has “Hold” rating given on Thursday, August 24 by Piper Jaffray. The firm earned “Hold” rating on Wednesday, January 24 by Stephens.

Since August 21, 2017, it had 0 insider buys, and 3 insider sales for $54.50 million activity. Shares for $968,940 were sold by McDonald Scott. $51.21M worth of Marsh & McLennan Companies, Inc. (NYSE:MMC) shares were sold by Glaser Daniel S.

Dnb Asset Management As, which manages about $7.52B US Long portfolio, upped its stake in Oracle Corp (NYSE:ORCL) by 2.63M shares to 4.10 million shares, valued at $198.43 million in 2017Q3, according to the filing. It also increased its holding in Paychex Inc (NASDAQ:PAYX) by 5,600 shares in the quarter, for a total of 42,527 shares, and has risen its stake in Lincoln National Corp (NYSE:LNC).

Among 15 analysts covering Marsh & McLennan (NYSE:MMC), 8 have Buy rating, 0 Sell and 7 Hold. Therefore 53% are positive. Marsh & McLennan had 37 analyst reports since September 8, 2015 according to SRatingsIntel. Sterne Agee CRT initiated the stock with “Neutral” rating in Monday, September 21 report. Keefe Bruyette & Woods maintained the shares of MMC in report on Friday, June 2 with “Buy” rating. The company was maintained on Thursday, July 27 by Wells Fargo. Sandler O’Neill maintained it with “Buy” rating and $94.0 target in Thursday, February 1 report. The stock of Marsh & McLennan Companies, Inc. (NYSE:MMC) earned “Overweight” rating by Barclays Capital on Monday, October 16. The rating was maintained by Jefferies with “Hold” on Tuesday, September 5. The stock has “Buy” rating by Sandler O’Neill on Monday, November 7. The firm has “Buy” rating given on Tuesday, August 8 by Wells Fargo. The rating was maintained by RBC Capital Markets on Friday, February 2 with “Buy”. The firm earned “Hold” rating on Monday, February 5 by Jefferies.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.