Umpqua Holdings Corp (NASDAQ:UMPQ) has earned an average rating of “Hold” from the fourteen ratings firms that are currently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $24.09.

A number of research analysts recently commented on the stock. ValuEngine downgraded shares of Umpqua from a “buy” rating to a “hold” rating in a research report on Thursday, September 27th. Zacks Investment Research raised shares of Umpqua from a “sell” rating to a “hold” rating in a research report on Tuesday, September 25th. Finally, BidaskClub raised shares of Umpqua from a “sell” rating to a “hold” rating in a research report on Thursday, August 23rd.

A number of large investors have recently modified their holdings of UMPQ. Acadian Asset Management LLC acquired a new stake in shares of Umpqua in the 2nd quarter worth $1,129,000. BNP Paribas Arbitrage SA lifted its stake in shares of Umpqua by 42.4% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 99,522 shares of the bank’s stock worth $2,248,000 after acquiring an additional 29,653 shares during the period. Aperio Group LLC lifted its stake in shares of Umpqua by 1.3% in the 2nd quarter. Aperio Group LLC now owns 187,770 shares of the bank’s stock worth $4,242,000 after acquiring an additional 2,436 shares during the period. Raymond James Financial Services Advisors Inc. acquired a new stake in shares of Umpqua in the 2nd quarter worth $1,978,000. Finally, Los Angeles Capital Management & Equity Research Inc. acquired a new stake in shares of Umpqua in the 2nd quarter worth $270,000. Hedge funds and other institutional investors own 88.44% of the company’s stock.

Shares of NASDAQ UMPQ traded down $0.63 during mid-day trading on Thursday, reaching $17.41. The company had a trading volume of 123,533 shares, compared to its average volume of 1,383,982. 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 company has a market capitalization of $3.97 billion, a price-to-earnings ratio of 16.27, a price-to-earnings-growth ratio of 1.36 and a beta of 0.95. Umpqua has a 52-week low of $17.88 and a 52-week high of $24.89.

Umpqua (NASDAQ:UMPQ) last posted its earnings results on Wednesday, October 17th. The bank reported $0.41 EPS for the quarter, beating the Zacks’ consensus estimate of $0.36 by $0.05. The firm had revenue of $313.76 million for the quarter, compared to the consensus estimate of $309.37 million. Umpqua had a net margin of 24.23% and a return on equity of 7.74%. During the same period last year, the firm posted $0.28 EPS. As a group, sell-side analysts forecast that Umpqua will post 1.47 earnings per share for the current year.

About Umpqua

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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Analyst Recommendations for Umpqua (NASDAQ:UMPQ)

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