Teacher Retirement System of Texas Holds Stake in Umpqua Holdings Corporation (UMPQ)

Teacher Retirement System of Texas maintained its position in shares of Umpqua Holdings Corporation (NASDAQ:UMPQ) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,423 shares of the bank’s stock at the end of the first quarter. Teacher Retirement System of Texas’ holdings in Umpqua Holdings Corporation were worth $309,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in UMPQ. Ngam Advisors L.P. increased its position in shares of Umpqua Holdings Corporation by 0.7% in the first quarter. Ngam Advisors L.P. now owns 21,280 shares of the bank’s stock valued at $378,000 after buying an additional 155 shares during the period. World Asset Management Inc increased its position in shares of Umpqua Holdings Corporation by 1.5% in the first quarter. World Asset Management Inc now owns 13,658 shares of the bank’s stock valued at $242,000 after buying an additional 201 shares during the period. Capstone Asset Management Co. increased its position in shares of Umpqua Holdings Corporation by 1.3% in the first quarter. Capstone Asset Management Co. now owns 18,532 shares of the bank’s stock valued at $329,000 after buying an additional 230 shares during the period. Suntrust Banks Inc. increased its position in shares of Umpqua Holdings Corporation by 0.9% in the first quarter. Suntrust Banks Inc. now owns 28,880 shares of the bank’s stock valued at $511,000 after buying an additional 253 shares during the period. Finally, Venturi Wealth Management LLC increased its position in shares of Umpqua Holdings Corporation by 2.7% in the first quarter. Venturi Wealth Management LLC now owns 10,510 shares of the bank’s stock valued at $179,000 after buying an additional 280 shares during the period. Institutional investors own 88.16% of the company’s stock.

Institutional Ownership by Quarter for Umpqua Holdings Corporation (NASDAQ:UMPQ)

Shares of Umpqua Holdings Corporation (NASDAQ UMPQ) opened at 18.02 on Friday. The firm has a market cap of $3.97 billion, a P/E ratio of 17.33 and a beta of 1.11. The stock has a 50 day moving average of $17.80 and a 200 day moving average of $18.17. Umpqua Holdings Corporation has a 52 week low of $14.61 and a 52 week high of $19.50.

Umpqua Holdings Corporation (NASDAQ:UMPQ) last posted its quarterly earnings results on Wednesday, April 19th. The bank reported $0.21 earnings per share for the quarter, missing analysts’ consensus estimates of $0.26 by $0.05. Umpqua Holdings Corporation had a net margin of 19.04% and a return on equity of 6.25%. The business had revenue of $266.95 million during the quarter, compared to the consensus estimate of $279.30 million. During the same quarter last year, the company posted $0.29 EPS. Equities analysts forecast that Umpqua Holdings Corporation will post $1.06 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 17th. Investors of record on Friday, June 30th will be paid a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 3.55%. The ex-dividend date of this dividend is Wednesday, June 28th. Umpqua Holdings Corporation’s dividend payout ratio (DPR) is presently 60.95%.

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Several brokerages have recently issued reports on UMPQ. Keefe, Bruyette & Woods restated a “hold” rating and issued a $20.00 price objective on shares of Umpqua Holdings Corporation in a research note on Tuesday, May 9th. Zacks Investment Research upgraded shares of Umpqua Holdings Corporation from a “sell” rating to a “hold” rating in a research note on Thursday. Stephens restated a “hold” rating on shares of Umpqua Holdings Corporation in a research note on Wednesday, April 19th. ValuEngine downgraded shares of Umpqua Holdings Corporation from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Finally, BidaskClub upgraded shares of Umpqua Holdings Corporation from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 10th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $19.17.

In related news, CFO Ron L. Farnsworth sold 8,365 shares of the stock in a transaction on Monday, April 24th. The stock was sold at an average price of $17.93, for a total value of $149,984.45. Following the sale, the chief financial officer now owns 190,355 shares in the company, valued at approximately $3,413,065.15. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.52% of the stock is currently owned by corporate insiders.

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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