BSW Wealth Partners purchased a new position in shares of Umpqua Holdings Corp (NASDAQ:UMPQ) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 14,923 shares of the bank’s stock, valued at approximately $310,000.

Other large investors have also recently added to or reduced their stakes in the company. TRUE Private Wealth Advisors acquired a new stake in Umpqua during the 3rd quarter worth approximately $103,000. Itau Unibanco Holding S.A. acquired a new stake in Umpqua during the 2nd quarter worth approximately $143,000. Cerebellum GP LLC acquired a new stake in Umpqua during the 3rd quarter worth approximately $173,000. ARP Americas LP acquired a new stake in Umpqua during the 2nd quarter worth approximately $203,000. Finally, Summit X LLC acquired a new stake in Umpqua during the 2nd quarter worth approximately $211,000. 89.61% of the stock is owned by institutional investors and hedge funds.

Shares of NASDAQ UMPQ opened at $19.31 on Thursday. The firm has a market capitalization of $4.27 billion, a price-to-earnings ratio of 18.05, a P/E/G ratio of 1.48 and a beta of 1.00. The company has a quick ratio of 0.98, a current ratio of 0.99 and a debt-to-equity ratio of 0.28. Umpqua Holdings Corp has a fifty-two week low of $18.17 and a fifty-two week high of $24.89.

Umpqua (NASDAQ:UMPQ) last announced its quarterly earnings data on Wednesday, October 17th. The bank reported $0.41 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.36 by $0.05. Umpqua had a return on equity of 7.74% and a net margin of 24.23%. The firm had revenue of $313.76 million during the quarter, compared to analysts’ expectations of $309.37 million. During the same period in the previous year, the firm earned $0.28 EPS. As a group, equities research analysts forecast that Umpqua Holdings Corp will post 1.46 EPS for the current fiscal year.

Several equities analysts have weighed in on UMPQ shares. Raymond James dropped their price objective on Umpqua from $24.00 to $23.00 and set an “outperform” rating for the company in a report on Friday, October 19th. BidaskClub cut Umpqua from a “sell” rating to a “strong sell” rating in a report on Wednesday, October 24th. Zacks Investment Research raised Umpqua from a “sell” rating to a “hold” rating in a report on Tuesday, August 21st. Finally, Wells Fargo & Co set a $22.00 price objective on Umpqua and gave the company a “hold” rating in a report on Tuesday, October 2nd. Nine investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $23.85.

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Umpqua Company Profile

Umpqua Holdings Corporation, through its subsidiaries, provides commercial and retail banking, and retail brokerage services. It operates through four segments: Commercial Bank, Wealth Management, Retail Bank, and Home Lending. The company offers deposit products, including non-interest bearing checking, interest bearing checking and savings, and money market accounts, as well as certificates of deposit.

Further Reading: How To Calculate Debt-to-Equity Ratio

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Institutional Ownership by Quarter for Umpqua (NASDAQ:UMPQ)

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