Umpqua Holdings Co. (NASDAQ:UMPQ) Receives Average Rating of “Hold” from Brokerages

Umpqua Holdings Co. (NASDAQ:UMPQ) has been given a consensus rating of “Hold” by the eight brokerages that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $13.75.

UMPQ has been the topic of a number of research analyst reports. TheStreet upgraded Umpqua from a “c” rating to a “b-” rating in a research report on Wednesday, April 21st. Zacks Investment Research lowered Umpqua from a “buy” rating to a “hold” rating in a research report on Tuesday, March 30th.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Core Wealth Advisors Inc. acquired a new stake in shares of Umpqua in the 4th quarter valued at about $30,000. Captrust Financial Advisors raised its position in shares of Umpqua by 39.5% in the fourth quarter. Captrust Financial Advisors now owns 2,520 shares of the bank’s stock valued at $38,000 after buying an additional 714 shares in the last quarter. Patriot Financial Group Insurance Agency LLC acquired a new position in Umpqua during the fourth quarter valued at approximately $48,000. Cascade Investment Advisors Inc. bought a new stake in shares of Umpqua during the fourth quarter worth $67,000. Finally, CI Investments Inc. grew its stake in shares of Umpqua by 27.5% in the fourth quarter. CI Investments Inc. now owns 4,549 shares of the bank’s stock worth $69,000 after purchasing an additional 980 shares during the last quarter. 85.28% of the stock is currently owned by hedge funds and other institutional investors.

Shares of UMPQ stock traded up $0.16 during trading hours on Thursday, hitting $19.20. The company had a trading volume of 67,972 shares, compared to its average volume of 1,637,391. Umpqua has a 12 month low of $8.88 and a 12 month high of $19.24. The firm has a market capitalization of $4.23 billion, a price-to-earnings ratio of 18.16 and a beta of 1.21. The firm’s fifty day moving average is $18.11 and its 200 day moving average is $15.96. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.97 and a current ratio of 1.00.

Umpqua (NASDAQ:UMPQ) last released its quarterly earnings data on Tuesday, April 20th. The bank reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.05. Umpqua had a return on equity of 7.80% and a net margin of 16.53%. The company had revenue of $330.23 million for the quarter, compared to analyst estimates of $329.01 million. During the same period in the prior year, the company posted ($0.13) EPS. The company’s revenue was up 27.4% compared to the same quarter last year. On average, sell-side analysts expect that Umpqua will post 1.35 EPS for the current fiscal year.

Umpqua Company Profile

Umpqua Holdings Corporation operates as the holding company of Umpqua Bank that provides commercial and retail banking, and retail brokerage services. It operates through four segments: Wholesale 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.

Featured Story: Understanding the Price to Earnings Ratio (PE)

Analyst Recommendations for Umpqua (NASDAQ:UMPQ)

Receive News & Ratings for Umpqua Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Umpqua and related companies with's FREE daily email newsletter.