Umpqua Holdings Corporation (UMPQ) : Traders are bullish on Umpqua Holdings Corporation (UMPQ) as it has outperformed the S&P 500 by a wide margin of 5.87% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.93%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.26% in the last 1 week, and is up 5.65% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 2.83% and the fifty day Moving Average is 3.62%. Umpqua Holdings Corporation is up 2.24% in the last three month period. Year-to-Date the stock performance stands at 3.34%.
Umpqua Holdings Corporation (UMPQ) : 5 investment research analysts covering Umpqua Holdings Corporation (UMPQ) have an average price target of $15.8 for the near short term. The highest target price given by the Brokerage Firm to the stock is $18 and the lowest target is $13 for the short term. Analysts expect the variance to be within $1.92 of the average price.
Umpqua Holdings Corporation (NASDAQ:UMPQ): stock turned positive on Friday. Though the stock opened at $16.06, the bulls momentum made the stock top out at $16.19 level for the day. The stock recorded a low of $15.955 and closed the trading day at $16.09, in the green by 0.44%. The total traded volume for the day was 1,361,075. The stock had closed at $16.02 in the previous days trading.
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.