Umpqua Holdings Corp (UMPQ) : Ims Capital Management scooped up 27,052 additional shares in Umpqua Holdings Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 25, 2016. The investment management firm now holds a total of 157,595 shares of Umpqua Holdings Corp which is valued at $2,494,729.Umpqua Holdings Corp makes up approximately 3.01% of Ims Capital Management’s portfolio.
Umpqua Holdings Corp opened for trading at $15.85 and hit $16 on the upside on Monday, eventually ending the session at $15.93, with a gain of 0.63% or 0.1 points. The heightened volatility saw the trading volume jump to 11,78,912 shares. Company has a market cap of $3,509 M.
Other Hedge Funds, Including , Orca Investment Management sold out all of its stake in UMPQ during the most recent quarter. The investment firm sold 177,797 shares of UMPQ which is valued $2,814,527.Metlife Securities Inc boosted its stake in UMPQ in the latest quarter, The investment management firm added 257 additional shares and now holds a total of 343 shares of Umpqua Holdings Corp which is valued at $5,485.Fisher Asset Management reduced its stake in UMPQ by selling 72,668 shares or 1.49% in the most recent quarter. The Hedge Fund company now holds 4,800,192 shares of UMPQ which is valued at $76,755,070. Umpqua Holdings Corp makes up approx 0.15% of Fisher Asset Management’s portfolio.Gemmer Asset Management boosted its stake in UMPQ in the latest quarter, The investment management firm added 58 additional shares and now holds a total of 404 shares of Umpqua Holdings Corp which is valued at $6,630.
On the company’s financial health, Umpqua Holdings Corp reported $0.29 EPS for the quarter, based on the information available during the earnings call on Apr 20, 2016. Analyst had a consensus estimate of $0.29.Analysts expectations of $ 286.28.During the same quarter in the previous year, the company posted $0.26 EPS.
Many Wall Street Analysts have commented on Umpqua Holdings Corp. Umpqua Holdings Corp was Downgraded by Keefe Bruyette to ” Mkt Perform” on Apr 22, 2016. Umpqua Holdings Corp was Downgraded by Piper Jaffray to ” Underweight” on Apr 21, 2016. Shares were Reiterated by RBC Capital Mkts on Jan 29, 2016 to “Sector Perform” and Lowered the Price Target to $ 17 from a previous price target of $19 .
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.