Umpqua Holdings Corp (UMPQ) : Ims Capital Management scooped up 16,066 additional shares in Umpqua Holdings Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 2, 2016. The investment management firm now holds a total of 173,661 shares of Umpqua Holdings Corp which is valued at $2,622,281.Umpqua Holdings Corp makes up approximately 2.96% of Ims Capital Management’s portfolio.
Other Hedge Funds, Including , Context Bh Capital Management Lp boosted its stake in UMPQ in the latest quarter, The investment management firm added 6,508 additional shares and now holds a total of 74,408 shares of Umpqua Holdings Corp which is valued at $1,123,561. Umpqua Holdings Corp makes up approx 0.79% of Context Bh Capital Management Lp’s portfolio.Signaturefd boosted its stake in UMPQ in the latest quarter, The investment management firm added 405 additional shares and now holds a total of 530 shares of Umpqua Holdings Corp which is valued at $8,072.Sit Investment Associates Inc reduced its stake in UMPQ by selling 1,034,250 shares or 99.46% in the most recent quarter. The Hedge Fund company now holds 5,625 shares of UMPQ which is valued at $85,669.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 opened for trading at $15.72 and hit $15.84 on the upside on Monday, eventually ending the session at $15.79, with a gain of 0.57% or 0.09 points. The heightened volatility saw the trading volume jump to 18,05,395 shares. Company has a market cap of $3,481 M.
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.