National Bank Holdings Co. (NYSE:NBHC) Receives Consensus Recommendation of “Hold” from Analysts

Shares of National Bank Holdings Co. (NYSE:NBHC) have been given an average recommendation of “Hold” by the five analysts that are presently covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $51.40.

Several equities research analysts recently commented on the stock. StockNews.com raised shares of National Bank from a “sell” rating to a “hold” rating in a report on Wednesday, March 19th. Keefe, Bruyette & Woods upped their price target on shares of National Bank from $47.00 to $52.00 and gave the stock a “market perform” rating in a research report on Wednesday, December 4th.

Institutional Trading of National Bank

Several large investors have recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC purchased a new stake in National Bank in the 4th quarter valued at $230,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of National Bank by 3.8% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 84,741 shares of the financial services provider’s stock valued at $3,649,000 after purchasing an additional 3,085 shares during the period. iSAM Funds UK Ltd acquired a new stake in National Bank during the fourth quarter worth about $246,000. ProShare Advisors LLC raised its stake in National Bank by 44.3% during the fourth quarter. ProShare Advisors LLC now owns 11,142 shares of the financial services provider’s stock worth $480,000 after purchasing an additional 3,422 shares during the period. Finally, Man Group plc boosted its holdings in National Bank by 22.1% in the 4th quarter. Man Group plc now owns 20,752 shares of the financial services provider’s stock valued at $894,000 after purchasing an additional 3,751 shares during the last quarter. Hedge funds and other institutional investors own 92.65% of the company’s stock.

National Bank Trading Up 0.5 %

Shares of National Bank stock opened at $39.59 on Thursday. National Bank has a fifty-two week low of $32.13 and a fifty-two week high of $51.76. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.94 and a current ratio of 0.95. The company has a market cap of $1.51 billion, a P/E ratio of 12.81 and a beta of 0.86. The firm has a 50-day simple moving average of $41.68 and a two-hundred day simple moving average of $43.42.

National Bank (NYSE:NBHC) last issued its quarterly earnings results on Wednesday, January 22nd. The financial services provider reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.07. National Bank had a return on equity of 9.76% and a net margin of 19.82%. As a group, equities analysts predict that National Bank will post 3.31 earnings per share for the current fiscal year.

National Bank Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were paid a $0.29 dividend. This represents a $1.16 annualized dividend and a dividend yield of 2.93%. The ex-dividend date of this dividend was Friday, February 28th. National Bank’s dividend payout ratio is currently 37.54%.

About National Bank

National Bank Holdings Corporation operates as the bank holding company for NBH Bank that provides various banking products and financial services to commercial, business, and consumer clients in the United States. It offers deposit products, including checking, savings, money market, and other deposit accounts, including fixed-rate and fixed maturity time deposits.