Umpqua Holdings Corp (NASDAQ:UMPQ) had declared a cash dividend of $0.1600 on Jun 15, 2016. The shares will quote ex-dividend on Jun 28, 2016 and the record date has been fixed for Jun 30, 2016. On Jun 15, 2016 share price, the yield comes out to be 4.2356%. The dividend payable date has been fixed on Jul 15, 2016.
In a different note, On Apr 22, 2016, Keefe Bruyette & Woods said it Downgrades its rating on Umpqua Holdings Corp. In the research note, the firm Lowers the price-target to $19.00 per share. The shares have been rated ‘Market Perform’ by the firm. On Apr 21, 2016, Piper Jaffray said it Downgrades its rating on Umpqua Holdings Corp. The shares have been rated ‘Underweight’ by the firm. On Apr 5, 2016, JP Morgan said it Maintains its rating on Umpqua Holdings Corp. In the research note, the firm Raises the price-target to $16.50 per share. The shares have been rated ‘Neutral’ by the firm.
Umpqua Holdings Corp (UMPQ) made into the market gainers list on Tuesdays trading session with the shares advancing 0.45% or 0.07 points. Due to strong positive momentum, the stock ended at $15.74, which is also near the day’s high of $15.81. The stock began the session at $15.65 and the volume stood at 18,96,789 shares. The 52-week high of the shares is $18.89 and the 52 week low is $13.455. The company has a current market capitalization of $3,470 M and it has 22,04,62,520 shares in outstanding.
Umpqua Holdings Corp(UMPQ) last announced its earnings results on Apr 20, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $263.65M. Analysts had an estimated revenue of $287.29M. Earnings per share were $0.29. Analysts had estimated an EPS of $0.29.
Several Insider Transactions has been reported to the SEC. On Oct 30, 2015, Raymond P Davis (President & CEO) sold 14,700 shares at $17.20 per share price.Also, On May 6, 2015, Peggy Y Fowler (director) purchased 2,000 shares at $17.00 per share price.
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.