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UMB Financial Corporation $UMBF Holdings Cut by Thrivent Financial for Lutherans
Thrivent Financial for Lutherans reduced its stake in UMB Financial Corporation (NASDAQ:UMBF) by 12.5% in the 3rd quarter, selling 7,953 shares. Despite this, UMB Financial reported strong quarterly earnings of $3.08 per share, exceeding estimates, though revenue of $469.8 million missed expectations. The stock maintains a “Moderate Buy” consensus rating from analysts with an average price target of $141.