National Bank Holdings Co. (NYSE:NBHC) Given Consensus Rating of “Hold” by Analysts

National Bank Holdings Co. (NYSE:NBHC) has earned a consensus recommendation of “Hold” from 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 issued a buy recommendation on the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $49.00.

NBHC has been the topic of a number of research analyst reports. StockNews.com raised National Bank from a “sell” rating to a “hold” rating in a research note on Friday, April 11th. Hovde Group lowered their target price on shares of National Bank from $48.00 to $43.00 and set a “market perform” rating on the stock in a research note on Wednesday, April 2nd.

Hedge Funds Weigh In On National Bank

Several large investors have recently modified their holdings of the business. Bank of Montreal Can raised its holdings in National Bank by 6.8% in the 4th quarter. Bank of Montreal Can now owns 7,098 shares of the financial services provider’s stock valued at $306,000 after buying an additional 455 shares during the period. Swiss National Bank raised its stake in shares of National Bank by 0.9% in the 4th quarter. Swiss National Bank now owns 74,500 shares of the financial services provider’s stock valued at $3,208,000 after acquiring an additional 700 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of National Bank by 3.5% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,987 shares of the financial services provider’s stock worth $904,000 after purchasing an additional 715 shares during the period. Quarry LP increased its holdings in National Bank by 503.1% in the 4th quarter. Quarry LP now owns 971 shares of the financial services provider’s stock valued at $42,000 after purchasing an additional 810 shares during the last quarter. Finally, Sterling Capital Management LLC lifted its stake in National Bank by 815.5% during the fourth quarter. Sterling Capital Management LLC now owns 1,181 shares of the financial services provider’s stock worth $51,000 after purchasing an additional 1,052 shares in the last quarter. Institutional investors and hedge funds own 92.65% of the company’s stock.

National Bank Trading Up 0.7 %

Shares of NYSE:NBHC opened at $35.48 on Monday. The business’s 50 day moving average price is $38.84 and its 200-day moving average price is $42.65. National Bank has a 1 year low of $32.69 and a 1 year high of $51.76. The firm has a market capitalization of $1.35 billion, a price-to-earnings ratio of 11.48 and a beta of 0.77. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.95 and a quick ratio of 0.94.

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

National Bank Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were paid a dividend of $0.29 per share. The ex-dividend date was Friday, February 28th. This represents a $1.16 annualized dividend and a yield of 3.27%. National Bank’s dividend payout ratio (DPR) is 37.54%.

National Bank Company Profile

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.