Umpqua Holdings Corp. (NASDAQ:UMPQ) has been given an average rating of “Hold” by the eleven research firms that are currently covering the stock. One analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $17.93.

UMPQ has been the subject of several recent research reports. Raymond James Financial Inc. upgraded shares of Umpqua Holdings Corp. from an “outperform” rating to a “strong-buy” rating and set a $20.00 target price for the company in a research note on Thursday, August 25th. DA Davidson reiterated a “buy” rating and issued a $18.00 target price on shares of Umpqua Holdings Corp. in a research note on Tuesday, August 23rd. Finally, Zacks Investment Research upgraded shares of Umpqua Holdings Corp. from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 13th.

Large investors have recently made changes to their positions in the stock. State Street Corp raised its stake in shares of 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. Aristotle Capital Boston LLC raised its stake in shares of Umpqua Holdings Corp. by 3.0% in the second quarter. Aristotle Capital Boston LLC now owns 285,777 shares of the company’s stock valued at $4,421,000 after buying an additional 8,295 shares during the last quarter. Metropolitan Life Insurance Co. NY raised its stake in shares of Umpqua Holdings Corp. by 2.5% in the first quarter. Metropolitan Life Insurance Co. NY now owns 347,808 shares of the company’s stock valued at $5,516,000 after buying an additional 8,347 shares during the last quarter. Creative Planning raised its stake in shares of Umpqua Holdings Corp. by 16.9% in the second quarter. Creative Planning now owns 8,318 shares of the company’s stock valued at $129,000 after buying an additional 1,200 shares during the last quarter. Finally, Channing Capital Management LLC raised its stake in shares of Umpqua Holdings Corp. by 24.0% in the second quarter. Channing Capital Management LLC now owns 235,896 shares of the company’s stock valued at $3,649,000 after buying an additional 45,648 shares during the last quarter. Institutional investors and hedge funds own 91.06% of the company’s stock.

Umpqua Holdings Corp. (NASDAQ:UMPQ) opened at 16.88 on Tuesday. The stock has a 50 day moving average price of $15.31 and a 200 day moving average price of $15.51. The stock has a market cap of $3.72 billion, a P/E ratio of 16.42 and a beta of 0.95. Umpqua Holdings Corp. has a 52-week low of $13.46 and a 52-week high of $18.05.

Umpqua Holdings Corp. (NASDAQ:UMPQ) last posted its earnings results on Wednesday, October 19th. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.02. Umpqua Holdings Corp. had a net margin of 19.06% and a return on equity of 6.93%. During the same period in the prior year, the business earned $0.31 earnings per share. On average, equities research analysts forecast that Umpqua Holdings Corp. will post $1.04 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Monday, October 17th. Shareholders of record on Friday, September 30th were given a dividend of $0.16 per share. The ex-dividend date was Wednesday, September 28th. This represents a $0.64 annualized dividend and a yield of 3.79%. Umpqua Holdings Corp.’s payout ratio is presently 61.54%.

About Umpqua Holdings Corp.

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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