Segall Bryant & Hamill LLC Acquires 31,118 Shares of Umpqua Holdings Corp (UMPQ)

Segall Bryant & Hamill LLC raised its holdings in Umpqua Holdings Corp (NASDAQ:UMPQ) by 2.2% during the 1st quarter, Holdings Channel reports. The institutional investor owned 1,426,750 shares of the bank’s stock after acquiring an additional 31,118 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Umpqua were worth $30,547,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Mason Street Advisors LLC increased its stake in Umpqua by 2.1% in the 1st quarter. Mason Street Advisors LLC now owns 110,719 shares of the bank’s stock valued at $2,370,000 after buying an additional 2,229 shares during the last quarter. Barclays PLC increased its stake in shares of Umpqua by 3.0% during the 1st quarter. Barclays PLC now owns 94,471 shares of the bank’s stock worth $2,023,000 after purchasing an additional 2,726 shares during the last quarter. Advisor Group Inc. increased its stake in shares of Umpqua by 15.2% during the 4th quarter. Advisor Group Inc. now owns 21,859 shares of the bank’s stock worth $454,000 after purchasing an additional 2,884 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. increased its stake in shares of Umpqua by 11.5% during the 4th quarter. Ladenburg Thalmann Financial Services Inc. now owns 29,197 shares of the bank’s stock worth $608,000 after purchasing an additional 3,001 shares during the last quarter. Finally, Cetera Advisor Networks LLC increased its stake in shares of Umpqua by 11.2% during the 4th quarter. Cetera Advisor Networks LLC now owns 30,317 shares of the bank’s stock worth $631,000 after purchasing an additional 3,050 shares during the last quarter. Hedge funds and other institutional investors own 90.66% of the company’s stock.

Shares of UMPQ stock traded down $0.12 during midday trading on Thursday, hitting $24.14. 13,278 shares of the company were exchanged, compared to its average volume of 1,732,496. The company has a market capitalization of $5.41 billion, a price-to-earnings ratio of 22.54, a PEG ratio of 1.88 and a beta of 1.01. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.97 and a current ratio of 0.99. Umpqua Holdings Corp has a 52 week low of $16.77 and a 52 week high of $24.89.



Umpqua (NASDAQ:UMPQ) last posted its quarterly earnings data on Wednesday, April 18th. The bank reported $0.35 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.28 by $0.07. The firm had revenue of $301.80 million during the quarter, compared to the consensus estimate of $289.28 million. Umpqua had a net margin of 22.15% and a return on equity of 6.68%. During the same quarter in the previous year, the firm posted $0.21 EPS. sell-side analysts forecast that Umpqua Holdings Corp will post 1.45 EPS for the current year.

Several research firms have recently weighed in on UMPQ. BidaskClub upgraded shares of Umpqua from a “hold” rating to a “buy” rating in a research note on Friday, June 8th. DA Davidson boosted their price objective on shares of Umpqua from $25.00 to $26.00 and gave the stock a “buy” rating in a research note on Tuesday, April 24th. Barclays boosted their price objective on shares of Umpqua from $24.00 to $26.00 and gave the stock an “equal weight” rating in a research note on Monday, April 23rd. ValuEngine lowered shares of Umpqua from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 2nd. Finally, Hovde Group set a $25.00 price objective on shares of Umpqua and gave the stock a “hold” rating in a research note on Monday, April 23rd. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the company’s stock. Umpqua presently has an average rating of “Hold” and a consensus target price of $23.88.

Umpqua Company Profile

Umpqua Holdings Corporation, through its subsidiaries, provides commercial and retail banking, and retail brokerage services. It operates through four segments: Commercial Bank, Wealth Management, Retail Bank, and Home Lending. The company offers deposit products, including non-interest bearing checking, interest bearing checking and savings, and money market accounts, as well as certificates of deposit.

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Institutional Ownership by Quarter for Umpqua (NASDAQ:UMPQ)

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