Xerox (XRX) Reaches $31.54 After 3.00% Up Move; Umpqua Holdings Has 1.34 Sentiment

April 22, 2018 - By Vivian Currie

Xerox Corporation (NYSE:XRX) Logo

Umpqua Holdings Corp (UMPQ) investors sentiment increased to 1.34 in Q4 2017. It’s up 0.01, from 1.33 in 2017Q3. The ratio is positive, as 141 investment managers started new or increased holdings, while 105 decreased and sold their holdings in Umpqua Holdings Corp. The investment managers in our database now have: 193.79 million shares, up from 189.91 million shares in 2017Q3. Also, the number of investment managers holding Umpqua Holdings Corp in top ten holdings decreased from 2 to 1 for a decrease of 1. Sold All: 21 Reduced: 84 Increased: 93 New Position: 48.

The stock of Xerox Corporation (NYSE:XRX) is a huge mover today! The stock increased 3.99% or $1.21 during the last trading session, reaching $31.54. About 4.61M shares traded or 65.80% up from the average. Xerox Corporation (NYSE:XRX) has risen 1.54% since April 22, 2017 and is uptrending. It has underperformed by 10.01% the S&P500.The move comes after 6 months positive chart setup for the $8.03 billion company. It was reported on Apr, 22 by Barchart.com. We have $32.49 PT which if reached, will make NYSE:XRX worth $240.96 million more.

Since January 31, 2018, it had 0 insider buys, and 2 insider sales for $44.60 million activity. 1.16 million Xerox Corporation (NYSE:XRX) shares with value of $40.05M were sold by ICAHN CARL C.

Analysts await Xerox Corporation (NYSE:XRX) to report earnings on April, 24. They expect $0.70 EPS, up 16.67% or $0.10 from last year’s $0.6 per share. XRX’s profit will be $178.26 million for 11.26 P/E if the $0.70 EPS becomes a reality. After $1.04 actual EPS reported by Xerox Corporation for the previous quarter, Wall Street now forecasts -32.69% negative EPS growth.

Xerox Corporation provides document management solutions worldwide. The company has market cap of $8.03 billion. The company??s Document Technology segment offers desktop monochrome and color printers, multifunction printers, copiers, digital printing presses, and light production devices; and production printing and publishing systems for the graphic communications marketplace and large enterprises. It has a 44.3 P/E ratio. The Company’s Services segment provides document outsourcing services comprising managed print, workflow automation, and communication and marketing services.

Among 14 analysts covering Xerox Corporation (NYSE:XRX), 9 have Buy rating, 1 Sell and 4 Hold. Therefore 64% are positive. Xerox Corporation has $40 highest and $8 lowest target. $30.33’s average target is -3.84% below currents $31.54 stock price. Xerox Corporation had 34 analyst reports since July 28, 2015 according to SRatingsIntel. As per Wednesday, September 2, the company rating was downgraded by Zacks. The firm earned “Underweight” rating on Monday, November 7 by Morgan Stanley. Credit Suisse maintained it with “Buy” rating and $8 target in Monday, April 3 report. The stock has “Neutral” rating by Goldman Sachs on Tuesday, December 1. Piper Jaffray maintained the stock with “Overweight” rating in Saturday, August 29 report. As per Tuesday, April 26, the company rating was maintained by Morgan Stanley. Loop Capital Markets initiated Xerox Corporation (NYSE:XRX) rating on Monday, July 24. Loop Capital Markets has “Buy” rating and $3600 target. The rating was initiated by UBS with “Hold” on Tuesday, October 3. UBS upgraded the shares of XRX in report on Monday, February 5 to “Buy” rating. The stock of Xerox Corporation (NYSE:XRX) has “Neutral” rating given on Friday, October 27 by UBS.

Investors sentiment increased to 0.3 in Q4 2017. Its up 0.18, from 0.12 in 2017Q3. It is positive, as 7 investors sold Xerox Corporation shares while 3 reduced holdings. 1 funds opened positions while 2 raised stakes. 5.57 million shares or 78.68% less from 26.13 million shares in 2017Q3 were reported. Fruth Inv Mngmt holds 12,233 shares. Cibc Ww Mkts Corp invested in 0.06% or 290,720 shares. 1,250 were accumulated by Asset Advisors Corp. Columbia Asset Mngmt holds 0.07% or 8,536 shares in its portfolio. Adirondack stated it has 0.19% in Xerox Corporation (NYSE:XRX). Polaris Mgmt Ltd Liability Corporation owns 5.16 million shares. 7,784 were accumulated by Wellington Shields And Ltd. Altfest L J And Incorporated has invested 0.09% in Xerox Corporation (NYSE:XRX). Meag Munich Ergo Kapitalanlagegesellschaft Mbh reported 0.06% stake. Boltwood Cap Management accumulated 11,983 shares.

Umpqua Holdings Corporation, through its subsidiaries, engages in the commercial and retail banking, and retail brokerage businesses. The company has market cap of $5.22 billion. It operates through Community Banking and Home Lending divisions. It has a 21.34 P/E ratio. The Community Banking segment provides loan and deposit products to business and retail customers.

Prentiss Smith & Co Inc holds 3.14% of its portfolio in Umpqua Holdings Corporation for 309,740 shares. Forest Hill Capital Llc owns 462,368 shares or 2.72% of their US portfolio. Moreover, Skyline Asset Management Lp has 2.14% invested in the company for 1.28 million shares. The Minnesota-based Tealwood Asset Management Inc has invested 1.42% in the stock. Atlanta Capital Management Co L L C, a Georgia-based fund reported 10.61 million shares.

Umpqua Holdings Corporation (NASDAQ:UMPQ) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: