Umpqua Holdings Corp (NASDAQ:UMPQ) CFO Ron L. Farnsworth sold 9,500 shares of the business’s stock in a transaction that occurred on Thursday, January 31st. The shares were sold at an average price of $17.62, for a total transaction of $167,390.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Shares of NASDAQ UMPQ opened at $17.65 on Thursday. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.99 and a quick ratio of 0.98. The firm has a market capitalization of $3.90 billion, a PE ratio of 12.13, a PEG ratio of 1.18 and a beta of 1.07. Umpqua Holdings Corp has a 1 year low of $15.09 and a 1 year high of $24.89.

Umpqua (NASDAQ:UMPQ) last announced its quarterly earnings data on Wednesday, January 23rd. The bank reported $0.36 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.39 by ($0.03). The firm had revenue of $304.20 million during the quarter, compared to analysts’ expectations of $306.36 million. Umpqua had a return on equity of 8.05% and a net margin of 23.51%. During the same period last year, the company earned $0.28 earnings per share. As a group, research analysts predict that Umpqua Holdings Corp will post 1.67 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 15th. Stockholders of record on Monday, December 31st were paid a $0.21 dividend. The ex-dividend date of this dividend was Friday, December 28th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 4.76%. Umpqua’s dividend payout ratio (DPR) is presently 57.53%.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Standard Life Aberdeen plc increased its stake in shares of Umpqua by 17.5% in the third quarter. Standard Life Aberdeen plc now owns 775,118 shares of the bank’s stock worth $16,134,000 after purchasing an additional 115,293 shares in the last quarter. Handelsbanken Fonder AB bought a new position in shares of Umpqua during the third quarter worth $21,424,000. Access Financial Services Inc. bought a new position in shares of Umpqua during the third quarter worth $664,000. Credit Suisse AG boosted its position in shares of Umpqua by 17.7% during the third quarter. Credit Suisse AG now owns 206,343 shares of the bank’s stock worth $4,293,000 after acquiring an additional 31,060 shares during the last quarter. Finally, American Century Companies Inc. bought a new position in shares of Umpqua during the third quarter worth $3,333,000. 88.55% of the stock is owned by hedge funds and other institutional investors.

A number of brokerages have commented on UMPQ. Zacks Investment Research raised shares of Umpqua from a “hold” rating to a “buy” rating and set a $22.00 target price for the company in a report on Thursday, December 6th. BidaskClub cut shares of Umpqua from a “hold” rating to a “sell” rating in a report on Tuesday, December 4th. ValuEngine cut shares of Umpqua from a “hold” rating to a “sell” rating in a report on Tuesday. Finally, Stephens reaffirmed a “hold” rating and set a $20.00 target price on shares of Umpqua in a report on Wednesday, December 19th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $23.25.

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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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