Umpqua Holdings Corp. (NASDAQ:UMPQ) has received an average recommendation of “Hold” from the eleven analysts that are presently covering the stock. One research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $17.93.
A number of analysts have recently commented on UMPQ shares. Raymond James Financial Inc. raised Umpqua Holdings Corp. from an “outperform” rating to a “strong-buy” rating and set a $20.00 price target for the company in a research note on Thursday, August 25th. Zacks Investment Research raised Umpqua Holdings Corp. from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 13th. DA Davidson reaffirmed a “buy” rating and issued a $18.00 price target on shares of Umpqua Holdings Corp. in a research note on Tuesday, August 23rd. Piper Jaffray Cos. reaffirmed an “underweight” rating and issued a $13.50 price target on shares of Umpqua Holdings Corp. in a research note on Friday, June 17th. Finally, Wells Fargo & Co. cut Umpqua Holdings Corp. from an “outperform” rating to a “market perform” rating in a research note on Monday, July 11th.
Umpqua Holdings Corp. (NASDAQ:UMPQ) traded down 0.80% during mid-day trading on Monday, reaching $14.93. 547,111 shares of the company’s stock were exchanged. The company has a market cap of $3.29 billion, a PE ratio of 14.80 and a beta of 1.28. Umpqua Holdings Corp. has a 52-week low of $13.46 and a 52-week high of $18.05. The stock has a 50-day moving average price of $15.64 and a 200 day moving average price of $15.63.
Umpqua Holdings Corp. (NASDAQ:UMPQ) last announced its quarterly earnings results on Wednesday, July 20th. The company reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.29 by $0.02. Umpqua Holdings Corp. had a return on equity of 6.77% and a net margin of 18.90%. During the same period in the previous year, the firm posted $0.31 earnings per share. Equities analysts predict that Umpqua Holdings Corp. will post $1.07 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Monday, October 17th. Stockholders of record on Friday, September 30th will be paid a dividend of $0.16 per share. The ex-dividend date of this dividend is Wednesday, September 28th. This represents a $0.64 annualized dividend and a dividend yield of 4.25%. Umpqua Holdings Corp.’s dividend payout ratio is currently 62.75%.
Institutional investors have recently modified their holdings of the company. AXA boosted its position in shares of Umpqua Holdings Corp. by 250.7% in the first quarter. AXA now owns 457,600 shares of the company’s stock valued at $7,258,000 after buying an additional 327,100 shares in the last quarter. UBS Group AG increased its stake in Umpqua Holdings Corp. by 0.6% in the first quarter. UBS Group AG now owns 440,033 shares of the company’s stock valued at $6,978,000 after buying an additional 2,739 shares during the last quarter. State Street Corp increased its stake in Umpqua Holdings Corp. by 0.9% in the first quarter. State Street Corp now owns 10,975,389 shares of the company’s stock valued at $174,070,000 after buying an additional 101,355 shares during the last quarter. Kempen Capital Management N.V. increased its stake in Umpqua Holdings Corp. by 5.7% in the first quarter. Kempen Capital Management N.V. now owns 1,396,000 shares of the company’s stock valued at $22,141,000 after buying an additional 75,050 shares during the last quarter. Finally, Huntington Asset Advisors Inc. bought a new stake in Umpqua Holdings Corp. during the first quarter valued at approximately $650,000. 91.73% of the stock is owned by institutional investors.
Umpqua Holdings Corp. Company Profile
Umpqua Holdings Corporation 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 segments: 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 customers in its primary market areas.
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