Umpqua Holdings Corp. (NASDAQ:UMPQ)’s share price was down 4.3% during trading on Thursday . The company traded as low as $15.14 and last traded at $15.18, with a volume of 2,420,431 shares. The stock had previously closed at $15.86.

UMPQ has been the topic of several recent analyst reports. Zacks Investment Research lowered shares of Umpqua Holdings Corp. from a “hold” rating to a “sell” rating in a report on Friday, April 15th. Piper Jaffray Cos. restated an “underweight” rating and issued a $13.50 target price on shares of Umpqua Holdings Corp. in a report on Friday, June 17th. Royal Bank Of Canada boosted their target price on shares of Umpqua Holdings Corp. from $20.00 to $22.00 and gave the company an “outperform” rating in a report on Monday, March 28th. Keefe, Bruyette & Woods lowered shares of Umpqua Holdings Corp. from an “outperform” rating to a “market perform” rating and dropped their target price for the company from $19.00 to $18.00 in a report on Friday, April 22nd. Finally, Raymond James Financial Inc. upgraded shares of Umpqua Holdings Corp. from an “outperform” rating to a “strong-buy” rating and dropped their target price for the company from $18.00 to $17.00 in a report on Friday, July 8th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. Umpqua Holdings Corp. currently has an average rating of “Hold” and a consensus price target of $17.72.

The firm’s 50 day moving average is $15.54 and its 200-day moving average is $15.38. The company has a market capitalization of $3.37 billion and a PE ratio of 15.15.

Umpqua Holdings Corp. (NASDAQ:UMPQ) last released its earnings results on Wednesday, July 20th. The company reported $0.31 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.29 by $0.02. During the same quarter in the prior year, the business posted $0.31 EPS. On average, analysts predict that Umpqua Holdings Corp. will post $1.12 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, July 15th. Investors of record on Thursday, June 30th were issued a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 4.19%. The ex-dividend date of this dividend was Tuesday, June 28th.

Other institutional investors have added to or reduced their stakes in the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in Umpqua Holdings Corp. by 0.4% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 63,847 shares of the company’s stock valued at $1,015,000 after buying an additional 234 shares in the last quarter. Comerica Bank raised its position in Umpqua Holdings Corp. by 0.7% in the fourth quarter. Comerica Bank now owns 222,884 shares of the company’s stock valued at $3,241,000 after buying an additional 1,495 shares in the last quarter. New York State Common Retirement Fund raised its position in Umpqua Holdings Corp. by 1.5% in the fourth quarter. New York State Common Retirement Fund now owns 211,700 shares of the company’s stock valued at $3,366,000 after buying an additional 3,200 shares in the last quarter. Sei Investments Co. raised its position in Umpqua Holdings Corp. by 1.9% in the fourth quarter. Sei Investments Co. now owns 244,305 shares of the company’s stock valued at $3,884,000 after buying an additional 4,608 shares in the last quarter. Finally, Rhumbline Advisers raised its position in Umpqua Holdings Corp. by 3.2% in the fourth quarter. Rhumbline Advisers now owns 466,000 shares of the company’s stock valued at $7,409,000 after buying an additional 14,390 shares in the last quarter.

Umpqua Holdings Corporation is a financial holding company. The Company’s principal operating subsidiaries include Umpqua Bank (the Bank) and Umpqua Investments, Inc (Umpqua Investments). It operates through two segments: Community Banking and Home Lending. The Community Banking segment’s principal business focus is the offering of loan and deposit products to business and retail customers in its primary market areas.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.