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Umpqua Holdings (UMPQ) Reaches $21.58 After 7.00% Down Move; Pioneer High Income Trust (PHT) Has 1.12 Sentiment

Umpqua Holdings Corporation (NASDAQ:UMPQ) Logo

The stock of Umpqua Holdings Corporation (NASDAQ:UMPQ) is a huge mover today! The stock decreased 1.42% or $0.31 during the last trading session, reaching $21.58. About 720,910 shares traded. Umpqua Holdings Corporation (NASDAQ:UMPQ) has risen 22.84% since April 17, 2017 and is uptrending. It has outperformed by 11.29% the S&P500.The move comes after 7 months negative chart setup for the $4.76 billion company. It was reported on Apr, 17 by Barchart.com. We have $20.07 PT which if reached, will make NASDAQ:UMPQ worth $332.99 million less.

Pioneer High Income Trust (PHT) investors sentiment increased to 1.12 in 2017 Q4. It’s up 0.17, from 0.95 in 2017Q3. The ratio improved, as 19 funds increased and opened new stock positions, while 17 sold and reduced stakes in Pioneer High Income Trust. The funds in our database now own: 4.66 million shares, up from 4.10 million shares in 2017Q3. Also, the number of funds holding Pioneer High Income Trust in top ten stock positions was flat from 0 to 0 for the same number . Sold All: 7 Reduced: 10 Increased: 12 New Position: 7.

Umpqua Holdings Corporation, through its subsidiaries, engages in the commercial and retail banking, and retail brokerage businesses. The company has market cap of $4.76 billion. It operates through Community Banking and Home Lending divisions. It has a 19.44 P/E ratio. The Community Banking segment provides loan and deposit products to business and retail customers.

Among 13 analysts covering Umpqua Holdings Corp (NASDAQ:UMPQ), 6 have Buy rating, 1 Sell and 6 Hold. Therefore 46% are positive. Umpqua Holdings Corp has $25.0 highest and $16.5 lowest target. $21.14’s average target is -2.04% below currents $21.58 stock price. Umpqua Holdings Corp had 38 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Hold” rating by Keefe Bruyette & Woods on Thursday, August 10. The stock has “Buy” rating by Keefe Bruyette & Woods on Wednesday, November 8. Zacks downgraded the shares of UMPQ in report on Tuesday, August 18 to “Buy” rating. The stock of Umpqua Holdings Corporation (NASDAQ:UMPQ) earned “Sector Perform” rating by RBC Capital Markets on Monday, October 26. SunTrust maintained the shares of UMPQ in report on Tuesday, November 28 with “Buy” rating. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, June 8. On Sunday, November 5 the stock rating was maintained by SunTrust with “Buy”. The rating was maintained by Piper Jaffray on Tuesday, October 3 with “Sell”. The firm earned “Hold” rating on Monday, October 16 by Keefe Bruyette & Woods. The stock of Umpqua Holdings Corporation (NASDAQ:UMPQ) earned “Sector Perform” rating by RBC Capital Markets on Friday, January 29.

Investors sentiment increased to 1.34 in 2017 Q4. Its up 0.01, from 1.33 in 2017Q3. It is positive, 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. 27,123 are held by Advantus Management Inc. Deprince Race Zollo Inc holds 0.72% or 1.57 million shares. Northwestern Mutual Wealth Management Company owns 502 shares. Hsbc Holding Public Lc invested in 17,375 shares or 0% of the stock. 1.23 million are owned by Nordea Inv Mgmt Ab. Arrowmark Colorado Hldgs Ltd accumulated 791,000 shares. Wilbanks Smith And Thomas Asset Mgmt Limited Liability Co holds 0.23% or 139,141 shares in its portfolio. Oppenheimer Asset Management Incorporated reported 0.01% in Umpqua Holdings Corporation (NASDAQ:UMPQ). Cetera Advisor Ntwk Ltd Liability Co holds 0.03% of its portfolio in Umpqua Holdings Corporation (NASDAQ:UMPQ) for 30,317 shares. White Pine Capital Lc reported 15,150 shares stake. Matarin Capital Llc accumulated 0.32% or 200,305 shares. First Personal Fincl Svcs invested in 488 shares or 0% of the stock. Amg Comml Bank holds 51,361 shares. Riverhead Cap Mngmt Ltd Llc invested in 17,462 shares or 0.02% of the stock. Ls Investment Advsrs Limited Liability Company holds 0.02% or 13,676 shares in its portfolio.

Since October 26, 2017, it had 0 insider purchases, and 2 insider sales for $882,864 activity. DAVIS RAYMOND P also sold $758,567 worth of Umpqua Holdings Corporation (NASDAQ:UMPQ) shares. FARNSWORTH RON L also sold $124,297 worth of Umpqua Holdings Corporation (NASDAQ:UMPQ) shares.

Analysts await Umpqua Holdings Corporation (NASDAQ:UMPQ) to report earnings on April, 18 after the close. They expect $0.28 EPS, up 33.33% or $0.07 from last year’s $0.21 per share. UMPQ’s profit will be $61.72M for 19.27 P/E if the $0.28 EPS becomes a reality. After $0.31 actual EPS reported by Umpqua Holdings Corporation for the previous quarter, Wall Street now forecasts -9.68% negative EPS growth.

The stock decreased 0.05% or $0.01 during the last trading session, reaching $9.49. About 111,100 shares traded or 2.53% up from the average. Pioneer High Income Trust (PHT) has declined 4.31% since April 17, 2017 and is downtrending. It has underperformed by 15.86% the S&P500.

Umpqua Holdings Corporation (NASDAQ:UMPQ) Institutional Positions Chart

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