Umpqua Holdings Corporation (NASDAQ:UMPQ) : 6 investment research analysts covering Umpqua Holdings Corporation (NASDAQ:UMPQ) have an average price target of $16.58 for the near short term. The highest target price given by the Brokerage Firm to the stock is $18 and the lowest target is $14 for the short term. Analysts expect the variance to be within $1.69 of the average price.
Other Equity analysts have also commented on the company shares. Equity analysts at the Brokerage firm Keefe Bruyette & Woods downgrades its rating on Umpqua Holdings Corporation (NASDAQ:UMPQ). The rating major has initiated the coverage with market perform rating on the shares. Earlier, the shares were rated a Outperform by the brokerage firm. The Analysts at Keefe Bruyette & Woods lowers the price target from $19 per share to $18 per share. The rating by the firm was issued on April 22, 2016.
Umpqua Holdings Corporation (NASDAQ:UMPQ): stock turned positive on Thursday. Though the stock opened at $16.03, the bulls momentum made the stock top out at $16.32 level for the day. The stock recorded a low of $16 and closed the trading day at $16.31, in the green by 3.42%. The total traded volume for the day was 2,013,101. The stock had closed at $15.77 in the previous days trading.
The company shares have dropped -15.76% from its 1 Year high price. On Jul 16, 2015, the shares registered one year high at $18.89 and the one year low was seen on Jan 25, 2016. The 50-Day Moving Average price is $15.45 and the 200 Day Moving Average price is recorded at $15.48. On the companys insider trading activities,The director officer (President & CEO) of Umpqua Holdings Corp, Davis Raymond P sold 14,700 shares at $17.2 on October 29, 2015. The Insider selling transaction had a total value worth of $252,840. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
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.