SG Americas Securities LLC increased its stake in shares of Umpqua Holdings Corporation (NASDAQ:UMPQ) by 59.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 81,300 shares of the bank’s stock after buying an additional 30,198 shares during the period. SG Americas Securities LLC’s holdings in Umpqua Holdings Corporation were worth $1,493,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Oregon Public Employees Retirement Fund increased its position in Umpqua Holdings Corporation by 4.4% in the second quarter. Oregon Public Employees Retirement Fund now owns 80,948 shares of the bank’s stock valued at $1,486,000 after buying an additional 3,397 shares during the period. Paragon Capital Management Ltd acquired a new stake in shares of Umpqua Holdings Corporation during the second quarter valued at about $255,000. TCW Group Inc. boosted its stake in shares of Umpqua Holdings Corporation by 10.5% in the first quarter. TCW Group Inc. now owns 106,644 shares of the bank’s stock valued at $1,891,000 after buying an additional 10,098 shares in the last quarter. Suntrust Banks Inc. boosted its stake in shares of Umpqua Holdings Corporation by 0.9% in the first quarter. Suntrust Banks Inc. now owns 28,880 shares of the bank’s stock valued at $511,000 after buying an additional 253 shares in the last quarter. Finally, Trexquant Investment LP boosted its stake in shares of Umpqua Holdings Corporation by 45.7% in the first quarter. Trexquant Investment LP now owns 52,324 shares of the bank’s stock valued at $928,000 after buying an additional 16,424 shares in the last quarter. 87.78% of the stock is owned by institutional investors and hedge funds.

Shares of Umpqua Holdings Corporation (UMPQ) opened at 17.41 on Wednesday. The stock has a market capitalization of $3.83 billion, a PE ratio of 16.42 and a beta of 1.11. Umpqua Holdings Corporation has a 12 month low of $14.77 and a 12 month high of $19.50. The stock’s 50 day moving average is $18.18 and its 200 day moving average is $18.03.

Umpqua Holdings Corporation (NASDAQ:UMPQ) last released its quarterly earnings results on Wednesday, July 19th. The bank reported $0.26 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.27 by $0.01. Umpqua Holdings Corporation had a return on equity of 5.92% and a net margin of 19.22%. The firm had revenue of $283.20 million for the quarter, compared to analyst estimates of $285.71 million. During the same period in the prior year, the business earned $0.25 earnings per share. Analysts anticipate that Umpqua Holdings Corporation will post $1.05 earnings per share for the current fiscal year.

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Several analysts have recently issued reports on the stock. Zacks Investment Research cut shares of Umpqua Holdings Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday, July 26th. BidaskClub cut shares of Umpqua Holdings Corporation from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 12th. Stephens restated a “hold” rating and set a $20.00 target price on shares of Umpqua Holdings Corporation in a research report on Thursday, July 20th. Keefe, Bruyette & Woods set a $20.00 target price on shares of Umpqua Holdings Corporation and gave the company a “hold” rating in a research report on Monday, July 10th. Finally, Wedbush assumed coverage on shares of Umpqua Holdings Corporation in a research report on Wednesday, June 28th. They set a “neutral” rating and a $20.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $20.17.

About Umpqua Holdings Corporation

Umpqua Holdings Corporation is a bank 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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Institutional Ownership by Quarter for Umpqua Holdings Corporation (NASDAQ:UMPQ)

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