Umpqua Holdings Corporation (UMPQ)’s Trend Up, Especially After Today’s 52-Week High Milestone

April 25, 2018 - By Adrian Mccoy

Umpqua Holdings Corporation (NASDAQ:UMPQ) Logo

Investors sentiment increased to 1.34 in 2017 Q4. Its up 0.01, from 1.33 in 2017Q3. It improved, as 21 investors sold Umpqua Holdings Corporation shares while 84 reduced holdings. 48 funds opened positions while 93 raised stakes. 193.79 million shares or 2.04% more from 189.91 million shares in 2017Q3 were reported.
Goelzer Invest Mgmt has 0.66% invested in Umpqua Holdings Corporation (NASDAQ:UMPQ). State Common Retirement Fund invested in 0.01% or 279,998 shares. Cambiar Investors Ltd Liability Com owns 698,434 shares or 0.23% of their US portfolio. Deprince Race & Zollo holds 1.57M shares. Montag A Assoc accumulated 19,599 shares. Advantus Capital Mgmt, Minnesota-based fund reported 27,123 shares. The Michigan-based Aspen Invest has invested 0.19% in Umpqua Holdings Corporation (NASDAQ:UMPQ). 27,165 were reported by Cap Planning Ltd Liability. Eagle Asset has 922,075 shares. Huntington Commercial Bank has 6,525 shares for 0% of their portfolio. Brinker Capital reported 0.01% of its portfolio in Umpqua Holdings Corporation (NASDAQ:UMPQ). Northwestern Mutual Wealth Mngmt stated it has 0% in Umpqua Holdings Corporation (NASDAQ:UMPQ). Axa invested 0.07% in Umpqua Holdings Corporation (NASDAQ:UMPQ). Retirement System Of Alabama holds 284,743 shares. Amalgamated National Bank & Trust reported 31,951 shares.

Since October 26, 2017, it had 0 insider buys, and 1 insider sale for $124,297 activity. $758,567 worth of stock was sold by DAVIS RAYMOND P on Thursday, October 26.

The stock of Umpqua Holdings Corporation (NASDAQ:UMPQ) hit a new 52-week high and has $25.81 target or 6.00 % above today’s $24.35 share price. The 9 months bullish chart indicates low risk for the $5.37B company. The 1-year high was reported on Apr, 25 by If the $25.81 price target is reached, the company will be worth $322.02 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 0.10% or $0.025 during the last trading session, reaching $24.345. About 1.29M shares traded. Umpqua Holdings Corporation (NASDAQ:UMPQ) has risen 22.84% since April 25, 2017 and is uptrending. It has outperformed by 11.29% the S&P500.

Umpqua Holdings Corporation (NASDAQ:UMPQ) Ratings Coverage

Among 10 analysts covering Umpqua Holdings (NASDAQ:UMPQ), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Umpqua Holdings had 20 analyst reports since November 5, 2017 according to SRatingsIntel. On Thursday, January 4 the stock rating was maintained by Sandler O’Neill with “Buy”. The stock of Umpqua Holdings Corporation (NASDAQ:UMPQ) has “Equal-Weight” rating given on Monday, April 23 by Barclays Capital. Sandler O’Neill maintained it with “Buy” rating and $24.0 target in Wednesday, January 24 report. The company was maintained on Thursday, April 19 by Sandler O’Neill. The company was maintained on Monday, April 23 by Hovde Group. SunTrust maintained it with “Buy” rating and $23.0 target in Sunday, November 5 report. The firm has “Hold” rating given on Tuesday, February 6 by Hovde Group. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Tuesday, December 12 report. The firm has “Buy” rating by SunTrust given on Monday, January 8. Wedbush upgraded the shares of UMPQ in report on Thursday, January 4 to “Outperform” rating.

Umpqua Holdings Corporation, through its subsidiaries, engages in the commercial and retail banking, and retail brokerage businesses. The company has market cap of $5.37 billion. It operates through Community Banking and Home Lending divisions. It has a 21.93 P/E ratio. The Community Banking segment provides loan and deposit products to business and retail customers.

Umpqua Holdings Corporation (NASDAQ:UMPQ) Institutional Positions Chart

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