Foundry Partners LLC raised its position in shares of Umpqua Holdings Corp. (NASDAQ:UMPQ) by 56.8% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 397,767 shares of the company’s stock after buying an additional 144,063 shares during the period. Foundry Partners LLC owned 0.18% of Umpqua Holdings Corp. worth $5,986,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of UMPQ. Geode Capital Management LLC boosted its position in Umpqua Holdings Corp. by 6.1% in the first quarter. Geode Capital Management LLC now owns 1,826,464 shares of the company’s stock valued at $28,967,000 after buying an additional 104,581 shares during the period. Nuveen Asset Management LLC boosted its position in Umpqua Holdings Corp. by 7.5% in the first quarter. Nuveen Asset Management LLC now owns 97,901 shares of the company’s stock valued at $1,553,000 after buying an additional 6,863 shares during the period. Legal & General Group Plc boosted its position in Umpqua Holdings Corp. by 38.5% in the first quarter. Legal & General Group Plc now owns 105,370 shares of the company’s stock valued at $1,678,000 after buying an additional 29,278 shares during the period. Envestnet Asset Management Inc. boosted its position in Umpqua Holdings Corp. by 4.3% in the first quarter. Envestnet Asset Management Inc. now owns 164,796 shares of the company’s stock valued at $2,614,000 after buying an additional 6,846 shares during the period. Finally, A.R.T. Advisors LLC purchased a new position in Umpqua Holdings Corp. during the first quarter valued at $809,000. Hedge funds and other institutional investors own 90.80% of the company’s stock.

Institutional Ownership by Quarter for Umpqua Holdings Corp. (NASDAQ:UMPQ)

Umpqua Holdings Corp. (NASDAQ:UMPQ) traded up 0.51% during mid-day trading on Friday, hitting $17.75. 2,971,612 shares of the stock traded hands. Umpqua Holdings Corp. has a 1-year low of $13.45 and a 1-year high of $18.50. The company’s 50 day moving average price is $15.76 and its 200-day moving average price is $15.58. The stock has a market cap of $3908.69 billion, a price-to-earnings ratio of 17.23 and a beta of 0.95.

Umpqua Holdings Corp. (NASDAQ:UMPQ) last issued its quarterly earnings results on Wednesday, October 19th. The company reported $0.32 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ 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 last year, the business posted $0.31 earnings per share. Analysts predict that Umpqua Holdings Corp. will post $1.04 earnings per share for the current year.

UMPQ has been the topic of several analyst 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 price target on the stock in a report on Thursday, August 25th. DA Davidson restated a “buy” rating and set a $18.00 price target on shares of Umpqua Holdings Corp. in a report 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 report on Tuesday, September 13th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. Umpqua Holdings Corp. has an average rating of “Hold” and an average price target of $17.69.

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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