Umpqua Holdings Corp (UMPQ) : D.a. Davidson reduced its stake in Umpqua Holdings Corp by 15.47% during the most recent quarter end. The investment management company now holds a total of 812,055 shares of Umpqua Holdings Corp which is valued at $12,659,937 after selling 148,608 shares in Umpqua Holdings Corp , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Umpqua Holdings Corp makes up approximately 0.36% of D.a. Davidson’s portfolio.
Other Hedge Funds, Including , Capital International Investors boosted its stake in UMPQ in the latest quarter, The investment management firm added 950,900 additional shares and now holds a total of 7,479,900 shares of Umpqua Holdings Corp which is valued at $116,611,641. Umpqua Holdings Corp makes up approx 0.17% of Capital International Investors’s portfolio. Nomura Asset Management Co Ltd added UMPQ to its portfolio by purchasing 4,400 company shares during the most recent quarter which is valued at $68,596.Rhumbline Advisers reduced its stake in UMPQ by selling 68,531 shares or 13.39% in the most recent quarter. The Hedge Fund company now holds 443,464 shares of UMPQ which is valued at $6,913,604. Umpqua Holdings Corp makes up approx 0.02% of Rhumbline Advisers’s portfolio.William Blair Investment Management reduced its stake in UMPQ by selling 25,882 shares or 2.09% in the most recent quarter. The Hedge Fund company now holds 1,212,128 shares of UMPQ which is valued at $19,066,773. Umpqua Holdings Corp makes up approx 0.07% of William Blair Investment Management’s portfolio.Checchi Capital Advisers boosted its stake in UMPQ in the latest quarter, The investment management firm added 2,287 additional shares and now holds a total of 2,517 shares of Umpqua Holdings Corp which is valued at $38,485. Umpqua Holdings Corp makes up approx 0.01% of Checchi Capital Advisers’s portfolio.
Umpqua Holdings Corp closed down -0.16 points or -0.97% at $16.26 with 15,16,673 shares getting traded on Thursday. Post opening the session at $16.42, the shares hit an intraday low of $16.04 and an intraday high of $16.51 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
On the company’s financial health, Umpqua Holdings Corp reported $0.31 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Jul 20, 2016. Analyst had a consensus of $0.29.Analysts expectations of $ 289.54.During the same quarter in the previous year, the company posted $0.31 EPS.
Many Wall Street Analysts have commented on Umpqua Holdings Corp. Umpqua Holdings Corp was Downgraded by Wells Fargo to ” Market Perform” on Jul 11, 2016. Umpqua Holdings Corp was Downgraded by Raymond James to ” Outperform” on Jul 7, 2016.
Umpqua Holdings Corporation (Umpqua) is a financial holding company. The Company has two principal subsidiaries: Umpqua Bank (the Bank) and Umpqua Investments Inc. (Umpqua Investments). Umpqua has two segments: Community Banking and Home Lending. Its Community Banking segment focuses on offering loan and deposit products to business and retail customers in its market areas. Its Community Banking segment operates over 380 locations in Oregon and Washington among others. Its Home Lending segment operates as a division of the Bank and originates sells and services residential mortgage loans. The Bank is engaged in the business of commercial and retail banking and the delivery of retail brokerage services. The Bank provides a range of banking wealth management mortgage banking and other financial services to corporate institutional and individual customers. Umpqua Investments is a broker-dealer and investment advisor. Pivotus Ventures Inc. is the subsidiary of the Company.