Heartland Advisors Increased By $3.85 Million Its Umpqua Hldgs (UMPQ) Position, Lubys Has 1.39 Sentiment

June 6, 2017 - By Migdalia James

Heartland Advisors Inc increased Umpqua Hldgs Corp (UMPQ) stake by 61.12% reported in 2016Q4 SEC filing. Heartland Advisors Inc acquired 213,931 shares as Umpqua Hldgs Corp (UMPQ)’s stock declined 8.16%. The Heartland Advisors Inc holds 563,931 shares with $10.59M value, up from 350,000 last quarter. Umpqua Hldgs Corp now has $3.75B valuation. The stock increased 0.18% or $0.03 during the last trading session, reaching $17.15. About shares traded. Umpqua Holdings Corp (NASDAQ:UMPQ) has risen 14.15% since June 6, 2016 and is uptrending. It has underperformed by 2.55% the S&P500.

Luby’s, Inc., is a multi-branded company operating in the restaurant industry and in the contract food services industry. The company has market cap of $99.06 million. The Firm is managed through three divisions: Company-owned restaurants, franchise operations, and Culinary Contract Services . It currently has negative earnings. The company-owned restaurants brands are Luby’s Cafeteria, Fuddruckers, and Cheeseburger in Paradise with a couple of non-core restaurant locations under other brand names.

The stock increased 5.98% or $0.18 during the last trading session, reaching $3.19. About shares traded. Luby’s, Inc. (LUB) has declined 47.80% since June 6, 2016 and is downtrending. It has underperformed by 64.50% the S&P500.

Bandera Partners Llc holds 4.61% of its portfolio in Luby’s, Inc. for 1.68 million shares. Aegis Financial Corp owns 156,836 shares or 0.66% of their US portfolio. Moreover, Hodges Capital Management Inc. has 0.57% invested in the company for 2.88 million shares. The California-based Harvest Capital Strategies Llc has invested 0.39% in the stock. Grace & White Inc Ny, a New York-based fund reported 384,264 shares.

Since January 1, 0001, it had 2 buys, and 1 sale for $3,259 activity.

Analysts await Luby’s, Inc. (NYSE:LUB) to report earnings on July, 6.

Among 5 analysts covering Umpqua Holdings Corp (NASDAQ:UMPQ), 1 have Buy rating, 1 Sell and 3 Hold. Therefore 20% are positive. Umpqua Holdings Corp had 13 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Underweight” rating by Piper Jaffray on Thursday, April 21. The firm earned “Market Perform” rating on Monday, July 11 by Wells Fargo. Zacks upgraded the stock to “Hold” rating in Wednesday, August 26 report. Raymond James upgraded Umpqua Holdings Corp (NASDAQ:UMPQ) on Tuesday, August 25 to “Outperform” rating. The stock of Umpqua Holdings Corp (NASDAQ:UMPQ) earned “Buy” rating by Zacks on Tuesday, August 18. Wells Fargo upgraded the shares of UMPQ in report on Thursday, August 27 to “Market Perform” rating. RBC Capital Markets maintained the stock with “Sector Perform” rating in Monday, October 26 report. RBC Capital Markets maintained the shares of UMPQ in report on Friday, January 29 with “Sector Perform” rating.