Stephens Increased Its Consolidated Edison (ED) Position; 2 Analysts Covering Umpqua Holdings (UMPQ)

September 10, 2017 - By test

Among 8 analysts covering Umpqua Holdings Corp (NASDAQ:UMPQ), 2 have Buy rating, 1 Sell and 5 Hold. Therefore 25% are positive. Umpqua Holdings Corp had 19 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Market Perform” rating given on Monday, July 11 by Wells Fargo. Keefe Bruyette & Woods maintained Umpqua Holdings Corp (NASDAQ:UMPQ) on Thursday, June 8 with “Hold” rating. RBC Capital Markets maintained Umpqua Holdings Corp (NASDAQ:UMPQ) on Friday, January 29 with “Sector Perform” rating. The firm has “Buy” rating by Zacks given on Tuesday, August 18. The stock has “Hold” rating by Keefe Bruyette & Woods on Monday, July 10. The company was upgraded on Tuesday, August 25 by Raymond James. Wells Fargo upgraded Umpqua Holdings Corp (NASDAQ:UMPQ) on Thursday, August 27 to “Market Perform” rating. The rating was maintained by Stephens with “Hold” on Thursday, July 20. The stock of Umpqua Holdings Corp (NASDAQ:UMPQ) has “Underweight” rating given on Thursday, April 21 by Piper Jaffray. The company was maintained on Thursday, August 10 by Keefe Bruyette & Woods. See Umpqua Holdings Corp (NASDAQ:UMPQ) latest ratings:

18/08/2017 Broker: SunTrust Rating: Buy New Target: $20 Initiates Coverage On
10/08/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $20.0000 Maintain
20/07/2017 Broker: Stephens Rating: Hold New Target: $20.0000 Maintain
10/07/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $20.0000 Maintain
08/06/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $20.0000 Maintain
28/06/2017 Broker: Wedbush Rating: Neutral New Target: $20 Initiates Coverage On

Stephens Inc increased Consolidated Edison Inc (ED) stake by 15.21% reported in 2016Q4 SEC filing. Stephens Inc acquired 8,377 shares as Consolidated Edison Inc (ED)’s stock rose 9.35%. The Stephens Inc holds 63,442 shares with $4.67 million value, up from 55,065 last quarter. Consolidated Edison Inc now has $26.50B valuation. The stock increased 0.93% or $0.79 on September 8, reaching $85.53. About 1.51M shares traded or 7.09% up from the average. Consolidated Edison, Inc. (NYSE:ED) has risen 11.89% since September 10, 2016 and is uptrending. It has underperformed by 4.81% the S&P500.

Since March 15, 2017, it had 30 buys, and 0 sales for $149,077 activity. 26 shares were bought by Nadkarni Gurudatta D, worth $2,080. Another trade for 28 shares valued at $2,240 was made by Moore Elizabeth D on Wednesday, May 31. 50 shares were bought by Cawley Timothy, worth $3,862 on Friday, March 31. McAvoy John also bought $2,320 worth of Consolidated Edison, Inc. (NYSE:ED) shares. Sanchez Robert also bought $2,000 worth of Consolidated Edison, Inc. (NYSE:ED) shares. 1 Consolidated Edison, Inc. (NYSE:ED) shares with value of $77 were bought by RESHESKE FRANCES. $6,334 worth of Consolidated Edison, Inc. (NYSE:ED) shares were bought by Muccilo Robert.

Stephens Inc decreased Express Scripts Hldg Co (NASDAQ:ESRX) stake by 10,720 shares to 21,955 valued at $1.51M in 2016Q4. It also reduced Penske Automotive Grp Inc (NYSE:PAG) stake by 16,896 shares and now owns 4,602 shares. Nucor Corp (NYSE:NUE) was reduced too.

Among 12 analysts covering Con Edison (NYSE:ED), 1 have Buy rating, 4 Sell and 7 Hold. Therefore 8% are positive. Con Edison had 35 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of Consolidated Edison, Inc. (NYSE:ED) earned “Neutral” rating by Mizuho on Thursday, May 12. Jefferies maintained the shares of ED in report on Wednesday, July 19 with “Hold” rating. The firm earned “Hold” rating on Wednesday, August 30 by Jefferies. The firm earned “Buy” rating on Wednesday, September 14 by Jefferies. Goldman Sachs downgraded Consolidated Edison, Inc. (NYSE:ED) on Monday, October 19 to “Sell” rating. Goldman Sachs maintained it with “Sell” rating and $70 target in Wednesday, September 14 report. The firm has “Buy” rating given on Friday, August 28 by Argus Research. Vetr downgraded it to “Hold” rating and $65 target in Monday, August 17 report. The firm earned “Hold” rating on Tuesday, June 13 by Jefferies. Citigroup initiated Consolidated Edison, Inc. (NYSE:ED) rating on Friday, August 12. Citigroup has “Neutral” rating and $76 target.

Investors sentiment increased to 1.12 in 2016 Q4. Its up 0.21, from 0.91 in 2016Q3. It improved, as 53 investors sold ED shares while 225 reduced holdings. 55 funds opened positions while 231 raised stakes. 162.74 million shares or 3.26% more from 157.60 million shares in 2016Q3 were reported. The Germany-based Commerzbank Aktiengesellschaft Fi has invested 0.11% in Consolidated Edison, Inc. (NYSE:ED). Ashfield Capital Lc has 10,955 shares. Amica Pension Fund Board Of Trustees owns 11,834 shares. Janney Montgomery Scott Ltd Limited Liability Company invested 0.08% in Consolidated Edison, Inc. (NYSE:ED). Raymond James Advsr holds 0.04% of its portfolio in Consolidated Edison, Inc. (NYSE:ED) for 60,945 shares. State Of New Jersey Common Pension Fund D holds 0.02% in Consolidated Edison, Inc. (NYSE:ED) or 65,000 shares. Principal Finance Group Inc Incorporated holds 654,791 shares. Virtus Invest Advisers reported 0.16% stake. First Personal Ser owns 2,869 shares. Airain reported 7,066 shares. Cibc Asset has 59,285 shares. Trust Communications Of Virginia Va owns 72,361 shares. Welch Group Limited Liability Company owns 197,074 shares or 2.84% of their US portfolio. Tru Of Vermont invested in 0.1% or 11,698 shares. 109,502 are held by Ing Groep Nv.

The stock increased 1.59% or $0.27 on September 8, reaching $17.2. About 1.08M shares traded or 3.85% up from the average. Umpqua Holdings Corp (NASDAQ:UMPQ) has risen 14.15% since September 10, 2016 and is uptrending. It has underperformed by 2.55% the S&P500.

Investors sentiment decreased to 1.06 in 2016 Q4. Its down 0.24, from 1.3 in 2016Q3. It dropped, as 31 investors sold Umpqua Holdings Corp shares while 105 reduced holdings. 37 funds opened positions while 96 raised stakes. 192.86 million shares or 0.18% less from 193.21 million shares in 2016Q3 were reported. Eagle Asset Mngmt accumulated 1.25M shares. Massachusetts-based Loomis Sayles & Company Lp has invested 0% in Umpqua Holdings Corp (NASDAQ:UMPQ). Denver Investment Advisors Ltd Liability Company holds 1.53 million shares. California-based Interest Inc Ca has invested 0.01% in Umpqua Holdings Corp (NASDAQ:UMPQ). Bbva Compass Bancorp stated it has 24,935 shares or 0.03% of all its holdings. Citigroup has 177,079 shares for 0% of their portfolio. Us Comml Bank De accumulated 0.01% or 94,671 shares. Moreover, Goldman Sachs Inc has 0.01% invested in Umpqua Holdings Corp (NASDAQ:UMPQ). Rhumbline Advisers owns 446,698 shares. Hanson Mcclain stated it has 344 shares or 0% of all its holdings. Sg Americas Securities Ltd Company accumulated 18,601 shares. Martingale Asset Mgmt L P holds 0.04% of its portfolio in Umpqua Holdings Corp (NASDAQ:UMPQ) for 133,510 shares. Panagora Asset Mgmt accumulated 77,637 shares. Commonwealth Bankshares Of Australia reported 0% in Umpqua Holdings Corp (NASDAQ:UMPQ). 284,366 are owned by Retirement Sys Of Alabama.

Umpqua Holdings Corporation is a bank holding company. The company has market cap of $3.79 billion. The Company’s principal operating subsidiaries include Umpqua Bank and Umpqua Investments, Inc. (Umpqua Investments). It has a 16.24 P/E ratio. It operates through two divisions: Community Banking and Home Lending.