November 30, 2016 - By Adrian Mccoy · 0 Comments
Umpqua Holdings Corp (NASDAQ:UMPQ) institutional sentiment decreased to 1.48 in 2016 Q2. Its down -0.09, from 1.57 in 2016Q1. The ratio turned negative, as 151 investment managers opened new or increased stock positions, while 96 decreased and sold their stakes in Umpqua Holdings Corp. The investment managers in our partner’s database now hold: 197.05 million shares, down from 197.47 million shares in 2016Q1. Also, the number of investment managers holding Umpqua Holdings Corp in their top 10 stock positions was flat from 2 to 2 for the same number . Sold All: 21 Reduced: 75 Increased: 116 New Position: 35.
Umpqua Holdings Corporation is a financial holding company. The company has a market cap of $3.78 billion. The Company’s principal operating subsidiaries include Umpqua Bank and Umpqua Investments, Inc. (Umpqua Investments). It has a 17.19 P/E ratio. It operates through two divisions: Community Banking and Home Lending.
About 343,581 shares traded hands. Umpqua Holdings Corp (NASDAQ:UMPQ) has risen 8.30% since April 27, 2016 and is uptrending. It has outperformed by 3.07% the S&P500.
Analysts await Umpqua Holdings Corp (NASDAQ:UMPQ) to report earnings on January, 25. They expect $0.30 EPS, 0.00% or $0.00 from last year’s $0.3 per share. UMPQ’s profit will be $64.40 million for 14.68 P/E if the $0.30 EPS becomes a reality. After $0.32 actual EPS reported by Umpqua Holdings Corp for the previous quarter, Wall Street now forecasts -6.25% negative EPS growth.
According to Zacks Investment Research, “UMPQUA HOLDINGS is a financial holding company. Through its subsidiaries, the company engages primarily in the business of commercial and retail banking and the delivery of retail brokerage services.”
Forest Hill Capital Llc holds 4.37% of its portfolio in Umpqua Holdings Corp for 2.11 million shares. Ims Capital Management owns 173,661 shares or 3.14% of their US portfolio. Moreover, Kempen Capital Management N.V. has 2.34% invested in the company for 1.29 million shares. The Pennsylvania-based Irving Magee Investment Management has invested 1.81% in the stock. Palouse Capital Management Inc., a Washington-based fund reported 275,399 shares.#img1#
Ratings analysis reveals 20% of Umpqua Holdings Corp’s analysts are positive. Out of 5 Wall Street analysts rating Umpqua Holdings Corp, 1 give it “Buy”, 1 “Sell” rating, while 3 recommend “Hold”. The lowest target is $17 while the high is $20. The stock’s average target of $17.83 is 1.19% above today’s ($17.62) share price. UMPQ was included in 13 notes of analysts from July 21, 2015. The firm has “Buy” rating by Zacks given on Tuesday, August 18. The stock of Umpqua Holdings Corp (NASDAQ:UMPQ) has “Sector Perform” rating given on Monday, October 26 by RBC Capital Markets. The firm has “Hold” rating given on Wednesday, August 26 by Zacks. The firm has “Market Perform” rating given on Thursday, August 27 by Wells Fargo. The stock of Umpqua Holdings Corp (NASDAQ:UMPQ) earned “Underweight” rating by Piper Jaffray on Thursday, April 21. The firm has “Outperform” rating given on Tuesday, August 25 by Raymond James. The firm has “Sector Perform” rating given on Friday, January 29 by RBC Capital Markets. The stock of Umpqua Holdings Corp (NASDAQ:UMPQ) earned “Market Perform” rating by Wells Fargo on Monday, July 11.
Umpqua Holdings Corporation, incorporated on November 9, 1998, is a financial holding company. The Company’s principal operating subsidiaries include Umpqua Bank (the Bank) and Umpqua Investments, Inc. (Umpqua Investments). It operates through two divisions: Community Banking and Home Lending. The Community Banking segment’s principal business focus is the offering of loan and deposit products to business and retail clients in its primary market areas. The Community Banking segment operates over 380 locations throughout Oregon, California, Washington, Idaho and Nevada. The Home Lending segment, which operates as a division of the Bank, originates, sells and services residential mortgage loans.
Another recent and important Umpqua Holdings Corp (NASDAQ:UMPQ) news was published by Businesswire.com which published an article titled: “Umpqua Holdings Corporation Announces CEO Succession Plan” on June 20, 2016.
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.
By Adrian Mccoy