American Century Companies Inc. Has $20.98 Million Stock Position in National Bank Holdings Co. (NYSE:NBHC)

American Century Companies Inc. lowered its holdings in shares of National Bank Holdings Co. (NYSE:NBHC) by 0.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 487,142 shares of the financial services provider’s stock after selling 1,429 shares during the period. American Century Companies Inc. owned about 1.28% of National Bank worth $20,976,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Teacher Retirement System of Texas boosted its stake in shares of National Bank by 8.0% in the 4th quarter. Teacher Retirement System of Texas now owns 16,881 shares of the financial services provider’s stock valued at $727,000 after purchasing an additional 1,256 shares in the last quarter. Boston Partners lifted its stake in National Bank by 90.3% in the 4th quarter. Boston Partners now owns 403,255 shares of the financial services provider’s stock valued at $17,366,000 after purchasing an additional 191,336 shares during the last quarter. Swiss National Bank boosted its position in National Bank by 0.9% in the fourth quarter. Swiss National Bank now owns 74,500 shares of the financial services provider’s stock valued at $3,208,000 after buying an additional 700 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of National Bank during the fourth quarter worth $500,000. Finally, Amundi increased its holdings in shares of National Bank by 197.3% during the fourth quarter. Amundi now owns 19,278 shares of the financial services provider’s stock worth $826,000 after buying an additional 12,793 shares in the last quarter. 92.65% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. StockNews.com upgraded National Bank from a “sell” rating to a “hold” rating in a research report on Wednesday, March 19th. Keefe, Bruyette & Woods upped their price objective on National Bank from $47.00 to $52.00 and gave the company a “market perform” rating in a research note on Wednesday, December 4th. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $51.40.

National Bank Trading Down 1.4 %

Shares of NBHC stock opened at $38.76 on Monday. National Bank Holdings Co. has a 1-year low of $32.13 and a 1-year high of $51.76. The company has a current ratio of 0.95, a quick ratio of 0.94 and a debt-to-equity ratio of 0.08. The stock has a market cap of $1.47 billion, a price-to-earnings ratio of 12.54 and a beta of 0.86. The stock has a 50-day moving average of $41.49 and a 200-day moving average of $43.41.

National Bank (NYSE:NBHC) last released its 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 Holdings Co. will post 3.31 earnings per share for the current year.

National Bank Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were issued a dividend of $0.29 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $1.16 dividend on an annualized basis and a yield of 2.99%. National Bank’s 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.