Umpqua Holdings Corp. (NASDAQ:UMPQ) issued its quarterly earnings results on Wednesday. The company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.30 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 business earned $0.31 earnings per share.

Umpqua Holdings Corp. (NASDAQ:UMPQ) traded up 0.06% on Wednesday, hitting $15.43. The stock had a trading volume of 1,896,239 shares. The stock has a 50 day moving average price of $15.42 and a 200 day moving average price of $15.57. The company has a market cap of $3.40 billion, a P/E ratio of 15.29 and a beta of 1.28. Umpqua Holdings Corp. has a 1-year low of $13.46 and a 1-year high of $18.05.

Earnings History for Umpqua Holdings Corp. (NASDAQ:UMPQ)

The business also recently announced a quarterly dividend, which was paid on Monday, October 17th. Stockholders of record on Friday, September 30th were issued a $0.16 dividend. The ex-dividend date was Wednesday, September 28th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 4.15%. Umpqua Holdings Corp.’s dividend payout ratio is presently 62.75%.

Several equities research analysts recently commented on the company. JPMorgan Chase & Co. restated a “hold” rating on shares of Umpqua Holdings Corp. in a research report on Saturday, July 9th. Raymond James Financial Inc. restated an “outperform” rating on shares of Umpqua Holdings Corp. in a research report on Thursday, July 7th. Zacks Investment Research upgraded Umpqua Holdings Corp. from a “sell” rating to a “hold” rating in a research report on Thursday, June 23rd. Citigroup Inc. lowered Umpqua Holdings Corp. to an “outperform” rating in a research report on Thursday, July 7th. Finally, Wells Fargo & Co. lowered Umpqua Holdings Corp. from an “outperform” rating to a “market perform” rating in a research report on Monday, July 11th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $17.69.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Reliance Trust Co. of Delaware increased its position in Umpqua Holdings Corp. by 0.7% in the second quarter. Reliance Trust Co. of Delaware now owns 18,227 shares of the company’s stock valued at $282,000 after buying an additional 126 shares in the last quarter. Barclays PLC increased its position in Umpqua Holdings Corp. by 1.4% in the second quarter. Barclays PLC now owns 39,259 shares of the company’s stock valued at $607,000 after buying an additional 525 shares in the last quarter. Trexquant Investment LP increased its position in Umpqua Holdings Corp. by 6.6% in the second quarter. Trexquant Investment LP now owns 27,300 shares of the company’s stock valued at $422,000 after buying an additional 1,693 shares in the last quarter. Ameritas Investment Partners Inc. increased its position in Umpqua Holdings Corp. by 3.4% in the second quarter. Ameritas Investment Partners Inc. now owns 51,880 shares of the company’s stock valued at $803,000 after buying an additional 1,729 shares in the last quarter. Finally, Hsbc Holdings PLC increased its position in Umpqua Holdings Corp. by 10.3% in the second quarter. Hsbc Holdings PLC now owns 23,037 shares of the company’s stock valued at $356,000 after buying an additional 2,157 shares in the last quarter. Hedge funds and other institutional investors own 91.80% of the company’s stock.

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.

5 Day Chart for NASDAQ:UMPQ

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