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

Shares of National Bank Holdings Co. (NYSE:NBHC) have been given a consensus recommendation of “Hold” by the five research firms that are currently covering the company, Marketbeat.com reports. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $51.40.

Several research firms have recently commented on NBHC. Hovde Group lowered shares of National Bank from an “outperform” rating to a “market perform” rating and set a $55.00 price target for the company. in a report on Monday, November 18th. Keefe, Bruyette & Woods boosted their price objective on shares of National Bank from $47.00 to $52.00 and gave the stock a “market perform” rating in a research note on Wednesday, December 4th.

National Bank Trading Down 1.8 %

NYSE:NBHC opened at $41.88 on Friday. National Bank has a one year low of $32.13 and a one year 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 firm has a market cap of $1.59 billion, a P/E ratio of 13.55 and a beta of 0.85. The firm has a 50-day simple moving average of $43.17 and a 200-day simple moving average of $43.71.

National Bank (NYSE:NBHC) last posted its quarterly earnings results on Wednesday, January 22nd. The financial services provider reported $0.86 EPS for the quarter, beating the consensus estimate of $0.79 by $0.07. National Bank had a net margin of 19.82% and a return on equity of 9.76%. Equities analysts anticipate that National Bank will post 3.31 EPS for the current fiscal year.

National Bank Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be paid a dividend of $0.29 per share. The ex-dividend date is Friday, February 28th. This represents a $1.16 annualized dividend and a dividend yield of 2.77%. National Bank’s dividend payout ratio (DPR) is presently 37.54%.

Institutional Trading of National Bank

Several large investors have recently bought and sold shares of the stock. Bank of Montreal Can grew its position in National Bank by 6.8% during the 4th quarter. Bank of Montreal Can now owns 7,098 shares of the financial services provider’s stock worth $306,000 after purchasing an additional 455 shares during the last quarter. Swiss National Bank grew its position in National Bank by 0.9% during the 4th quarter. Swiss National Bank now owns 74,500 shares of the financial services provider’s stock worth $3,208,000 after purchasing an additional 700 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in 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 last quarter. Quarry LP grew its position in National Bank by 503.1% during the 4th quarter. Quarry LP now owns 971 shares of the financial services provider’s stock worth $42,000 after purchasing an additional 810 shares during the last quarter. Finally, Sterling Capital Management LLC grew its position in National Bank by 815.5% during the 4th 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 during the last quarter. Hedge funds and other institutional investors own 92.65% of the company’s stock.

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.