Umpqua Holdings Corporation (UMPQ) : During the past 4 weeks, traders have been relatively bearish on Umpqua Holdings Corporation (UMPQ), hence the stock is down -3.74% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.75% relative to the S&P 500. The 4-week change in the price of the stock is -2.74% and the stock has fallen -0.7% in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.71% and the 50-Day Moving Average is 0.92%. Umpqua Holdings Corporation (NASDAQ:UMPQ): On Fridays trading session , Opening price of the stock was $15.63 with an intraday high of $15.67. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $15.53. However, the stock managed to close at $15.59, a loss of 0.89% for the day. On the previous day, the stock had closed at $15.73. The total traded volume of the day was 1,488,361 shares.
The company Insiders own 1% of Umpqua Holdings Corporation shares according to the proxy statements. Institutional Investors own 91.88% of Umpqua Holdings Corporation shares. Also, Equity Analysts at the Brokerage Firm, Wells Fargo, downgrades their rating on the shares of Umpqua Holdings Corporation (NASDAQ:UMPQ). Wells Fargo has a Market Perform rating on the shares. Previously, the analysts had a Outperform rating on the shares. The rating by the firm was issued on July 11, 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.