NN Investment Partners Holdings N.V. reduced its stake in shares of Umpqua Holdings Corporation (NASDAQ:UMPQ) by 16.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 393,900 shares of the company’s stock after selling 78,100 shares during the period. NN Investment Partners Holdings N.V. owned approximately 0.18% of Umpqua Holdings Corporation worth $7,397,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. 1st Global Advisors Inc. boosted its position in shares of Umpqua Holdings Corporation by 4.1% in the second quarter. 1st Global Advisors Inc. now owns 10,633 shares of the company’s stock valued at $164,000 after buying an additional 423 shares in the last quarter. LS Investment Advisors LLC boosted its position in shares of Umpqua Holdings Corporation by 72.2% in the second quarter. LS Investment Advisors LLC now owns 13,195 shares of the company’s stock valued at $204,000 after buying an additional 5,534 shares in the last quarter. Goelzer Investment Management Inc. boosted its position in Umpqua Holdings Corporation by 1.4% in the second quarter. Goelzer Investment Management Inc. now owns 289,513 shares of the company’s stock worth $4,479,000 after buying an additional 3,881 shares during the period. New York State Teachers Retirement System boosted its position in Umpqua Holdings Corporation by 13.7% in the second quarter. New York State Teachers Retirement System now owns 285,438 shares of the company’s stock worth $4,416,000 after buying an additional 34,500 shares during the period. Finally, Strs Ohio boosted its position in Umpqua Holdings Corporation by 0.8% in the second quarter. Strs Ohio now owns 398,200 shares of the company’s stock worth $6,160,000 after buying an additional 3,000 shares during the period. 89.23% of the stock is currently owned by institutional investors.

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

Umpqua Holdings Corporation (NASDAQ:UMPQ) traded up 1.803% during midday trading on Friday, hitting $18.915. 486,221 shares of the company traded hands. The stock has a market cap of $4.17 billion, a P/E ratio of 18.400 and a beta of 1.04. The stock has a 50 day moving average of $18.60 and a 200 day moving average of $16.32. Umpqua Holdings Corporation has a 12-month low of $13.46 and a 12-month high of $19.30.

Umpqua Holdings Corporation (NASDAQ:UMPQ) last posted its earnings results on Wednesday, October 19th. The company reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.30 by $0.02. Umpqua Holdings Corporation had a return on equity of 6.93% and a net margin of 19.06%. During the same period in the previous year, the business earned $0.31 EPS. Equities research analysts predict that Umpqua Holdings Corporation will post $1.03 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, January 13th. Shareholders of record on Friday, December 30th will be paid a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 3.44%. The ex-dividend date is Wednesday, December 28th. Umpqua Holdings Corporation’s payout ratio is 61.54%.

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Separately, Zacks Investment Research raised shares of Umpqua Holdings Corporation from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a research note on Tuesday, December 27th. One analyst has rated the stock with a sell rating, five have issued a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. Umpqua Holdings Corporation has a consensus rating of “Hold” and an average price target of $18.06.

About Umpqua Holdings Corporation

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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