Recent Analysts’ Ratings Changes for Umpqua (UMPQ)

Several brokerages have updated their recommendations and price targets on shares of Umpqua (NASDAQ: UMPQ) in the last few weeks:

  • 9/25/2018 – Umpqua was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “UMPQUA HOLDINGS is a financial holding company. Through its subsidiaries, the company engages primarily in the business of commercial and retail banking and the delivery of retail brokerage services. “
  • 9/20/2018 – Umpqua was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 9/18/2018 – Umpqua was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “UMPQUA HOLDINGS is a financial holding company. Through its subsidiaries, the company engages primarily in the business of commercial and retail banking and the delivery of retail brokerage services. “
  • 9/11/2018 – Umpqua was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “UMPQUA HOLDINGS is a financial holding company. Through its subsidiaries, the company engages primarily in the business of commercial and retail banking and the delivery of retail brokerage services. “
  • 9/7/2018 – Umpqua was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 9/6/2018 – Umpqua was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 9/5/2018 – Umpqua was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “UMPQUA HOLDINGS is a financial holding company. Through its subsidiaries, the company engages primarily in the business of commercial and retail banking and the delivery of retail brokerage services. “
  • 8/30/2018 – Umpqua was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 8/30/2018 – Umpqua was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “UMPQUA HOLDINGS is a financial holding company. Through its subsidiaries, the company engages primarily in the business of commercial and retail banking and the delivery of retail brokerage services. “
  • 8/23/2018 – Umpqua was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 8/21/2018 – Umpqua was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “UMPQUA HOLDINGS is a financial holding company. Through its subsidiaries, the company engages primarily in the business of commercial and retail banking and the delivery of retail brokerage services. “
  • 8/2/2018 – Umpqua was given a new $20.00 price target on by analysts at Piper Jaffray Companies. They now have a “sell” rating on the stock.
  • 8/1/2018 – Umpqua was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 7/31/2018 – Umpqua was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.

NASDAQ UMPQ traded down $0.12 during trading hours on Tuesday, reaching $21.46. The stock had a trading volume of 867,300 shares, compared to its average volume of 1,797,184. The firm has a market cap of $4.83 billion, a P/E ratio of 20.06, a P/E/G ratio of 1.73 and a beta of 0.95. Umpqua Holdings Corp has a 52-week low of $19.05 and a 52-week high of $24.89. The company has a quick ratio of 0.97, a current ratio of 0.99 and a debt-to-equity ratio of 0.29.

Umpqua (NASDAQ:UMPQ) last issued its earnings results on Wednesday, July 18th. The bank reported $0.31 EPS for the quarter, missing the Zacks’ consensus estimate of $0.34 by ($0.03). The firm had revenue of $298.95 million during the quarter, compared to analysts’ expectations of $304.67 million. Umpqua had a net margin of 22.53% and a return on equity of 7.11%. During the same quarter in the prior year, the company earned $0.26 EPS. research analysts expect that Umpqua Holdings Corp will post 1.41 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 15th. Shareholders of record on Friday, September 28th will be given a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 3.91%. The ex-dividend date of this dividend is Thursday, September 27th. This is a positive change from Umpqua’s previous quarterly dividend of $0.20. Umpqua’s dividend payout ratio is currently 74.77%.

A number of institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. boosted its position in Umpqua by 1.8% in the 1st quarter. BlackRock Inc. now owns 24,103,947 shares of the bank’s stock worth $516,065,000 after purchasing an additional 418,095 shares in the last quarter. Millennium Management LLC boosted its position in Umpqua by 10.3% in the 2nd quarter. Millennium Management LLC now owns 6,623,228 shares of the bank’s stock worth $149,619,000 after purchasing an additional 617,077 shares in the last quarter. Macquarie Group Ltd. boosted its position in Umpqua by 0.3% in the 2nd quarter. Macquarie Group Ltd. now owns 5,711,576 shares of the bank’s stock worth $129,025,000 after purchasing an additional 14,549 shares in the last quarter. Principal Financial Group Inc. boosted its position in Umpqua by 32.3% in the 1st quarter. Principal Financial Group Inc. now owns 2,332,164 shares of the bank’s stock worth $49,932,000 after purchasing an additional 569,658 shares in the last quarter. Finally, Segall Bryant & Hamill LLC boosted its position in Umpqua by 61.9% in the 2nd quarter. Segall Bryant & Hamill LLC now owns 2,310,306 shares of the bank’s stock worth $52,190,000 after purchasing an additional 883,556 shares in the last quarter. Institutional investors and hedge funds own 88.53% of the company’s stock.

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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