Kennedy Capital Management Inc. decreased its stake in Umpqua Holdings Corporation (NASDAQ:UMPQ) by 8.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 860,617 shares of the bank’s stock after selling 74,436 shares during the period. Kennedy Capital Management Inc. owned approximately 0.39% of Umpqua Holdings Corporation worth $15,801,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Ffcm LLC lifted its stake in shares of Umpqua Holdings Corporation by 150.1% in the second quarter. Ffcm LLC now owns 6,093 shares of the bank’s stock valued at $114,000 after purchasing an additional 3,657 shares during the period. Swiss National Bank lifted its stake in shares of Umpqua Holdings Corporation by 1.3% in the second quarter. Swiss National Bank now owns 367,625 shares of the bank’s stock valued at $6,750,000 after purchasing an additional 4,700 shares during the period. Eagle Boston Investment Management Inc. lifted its stake in shares of Umpqua Holdings Corporation by 0.5% in the second quarter. Eagle Boston Investment Management Inc. now owns 494,456 shares of the bank’s stock valued at $9,078,000 after purchasing an additional 2,687 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Umpqua Holdings Corporation by 8.8% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,838 shares of the bank’s stock valued at $144,000 after purchasing an additional 632 shares during the period. Finally, Brookstone Capital Management acquired a new stake in shares of Umpqua Holdings Corporation in the second quarter valued at about $285,000. Hedge funds and other institutional investors own 87.78% of the company’s stock.

Several analysts recently commented on the stock. Zacks Investment Research upgraded shares of Umpqua Holdings Corporation from a “sell” rating to a “hold” rating in a research note on Thursday, June 22nd. SunTrust Banks, Inc. assumed coverage on shares of Umpqua Holdings Corporation in a research note on Friday, August 18th. They issued a “buy” rating and a $20.00 price objective for the company. BidaskClub cut shares of Umpqua Holdings Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, July 12th. Wedbush assumed coverage on shares of Umpqua Holdings Corporation in a research note on Wednesday, June 28th. They issued a “neutral” rating and a $20.00 price objective for the company. Finally, Stephens reiterated a “hold” rating and issued a $20.00 price objective on shares of Umpqua Holdings Corporation in a research note on Thursday, July 20th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $20.17.

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Umpqua Holdings Corporation (NASDAQ UMPQ) opened at 17.35 on Thursday. Umpqua Holdings Corporation has a 12 month low of $14.77 and a 12 month high of $19.50. The firm’s 50-day moving average is $17.95 and its 200-day moving average is $17.95. The firm has a market cap of $3.82 billion, a PE ratio of 16.37 and a beta of 1.12.

Umpqua Holdings Corporation (NASDAQ:UMPQ) last issued its quarterly earnings results on Wednesday, July 19th. The bank reported $0.26 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.27 by $0.01. Umpqua Holdings Corporation had a net margin of 19.22% and a return on equity of 5.92%. The business had revenue of $283.20 million during the quarter, compared to analyst estimates of $285.71 million. During the same period in the previous year, the company posted $0.25 earnings per share. Equities analysts expect that Umpqua Holdings Corporation will post $1.05 earnings per share for the current year.

Umpqua Holdings Corporation Profile

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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