WINTON GROUP Ltd Has $826,000 Position in Umpqua Holdings Corporation (UMPQ)
WINTON GROUP Ltd increased its stake in shares of Umpqua Holdings Corporation (NASDAQ:UMPQ) by 56.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 44,966 shares of the bank’s stock after purchasing an additional 16,291 shares during the period. WINTON GROUP Ltd’s holdings in Umpqua Holdings Corporation were worth $826,000 as of its most recent SEC filing.
Several other institutional investors also recently made changes to their positions in the stock. Ngam Advisors L.P. grew its stake in shares of Umpqua Holdings Corporation by 0.7% during the first quarter. Ngam Advisors L.P. now owns 21,280 shares of the bank’s stock worth $378,000 after purchasing an additional 155 shares during the period. S. R. Schill & Associates grew its stake in shares of Umpqua Holdings Corporation by 0.4% during the first quarter. S. R. Schill & Associates now owns 37,129 shares of the bank’s stock worth $659,000 after purchasing an additional 159 shares during the period. Teacher Retirement System of Texas grew its stake in shares of Umpqua Holdings Corporation by 1.5% during the second quarter. Teacher Retirement System of Texas now owns 17,684 shares of the bank’s stock worth $325,000 after purchasing an additional 261 shares during the period. World Asset Management Inc grew its stake in shares of Umpqua Holdings Corporation by 2.1% during the second quarter. World Asset Management Inc now owns 13,948 shares of the bank’s stock worth $256,000 after purchasing an additional 290 shares during the period. Finally, Amalgamated Bank grew its stake in shares of Umpqua Holdings Corporation by 1.3% during the second quarter. Amalgamated Bank now owns 31,429 shares of the bank’s stock worth $577,000 after purchasing an additional 390 shares during the period. 87.77% of the stock is owned by institutional investors and hedge funds.
Shares of Umpqua Holdings Corporation (NASDAQ:UMPQ) opened at 20.57 on Friday. Umpqua Holdings Corporation has a one year low of $14.78 and a one year high of $20.97. The company has a market capitalization of $4.53 billion, a price-to-earnings ratio of 19.41 and a beta of 1.14. The stock has a 50 day moving average price of $19.04 and a 200-day moving average price of $18.19.
Umpqua Holdings Corporation (NASDAQ:UMPQ) last issued its quarterly earnings results on Wednesday, October 18th. The bank reported $0.28 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.29 by ($0.01). The business had revenue of $295.87 million for the quarter, compared to analyst estimates of $297.51 million. Umpqua Holdings Corporation had a return on equity of 5.79% and a net margin of 19.04%. During the same quarter in the previous year, the business posted $0.28 earnings per share. On average, equities research analysts expect that Umpqua Holdings Corporation will post $1.05 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Monday, October 16th. Stockholders of record on Saturday, September 30th were paid a $0.18 dividend. The ex-dividend date was Thursday, September 28th. This is an increase from Umpqua Holdings Corporation’s previous quarterly dividend of $0.16. This represents a $0.72 annualized dividend and a dividend yield of 3.50%. Umpqua Holdings Corporation’s dividend payout ratio (DPR) is currently 67.93%.
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A number of equities research analysts recently commented on UMPQ shares. BidaskClub cut Umpqua Holdings Corporation from a “sell” rating to a “strong sell” rating in a research note on Saturday, June 24th. Wedbush began coverage on Umpqua Holdings Corporation in a research note on Wednesday, June 28th. They issued a “neutral” rating and a $20.00 target price for the company. Stephens reissued a “hold” rating and issued a $20.00 target price on shares of Umpqua Holdings Corporation in a research note on Thursday, July 20th. Keefe, Bruyette & Woods set a $20.00 target price on Umpqua Holdings Corporation and gave the company a “hold” rating in a research note on Monday, July 10th. Finally, ValuEngine raised Umpqua Holdings Corporation from a “hold” rating to a “buy” rating in a research note on Monday, September 18th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company’s stock. Umpqua Holdings Corporation presently has an average rating of “Hold” and an average target price of $19.72.
Umpqua Holdings Corporation Company Profile
Umpqua Holdings Corporation is a bank 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.
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