20,500 Shares in National Bank Holdings Corporation (NBHC) Purchased by Capital Fund Management S.A.

Capital Fund Management S.A. bought a new stake in National Bank Holdings Corporation (NYSE:NBHC) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 20,500 shares of the financial services provider’s stock, valued at approximately $679,000. Capital Fund Management S.A. owned approximately 0.08% of National Bank Holdings Corporation as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also bought and sold shares of NBHC. Bank of Montreal Can grew its holdings in shares of National Bank Holdings Corporation by 29.6% in the first quarter. Bank of Montreal Can now owns 3,706 shares of the financial services provider’s stock valued at $120,000 after purchasing an additional 846 shares in the last quarter. Louisiana State Employees Retirement System grew its holdings in shares of National Bank Holdings Corporation by 3.8% in the first quarter. Louisiana State Employees Retirement System now owns 10,800 shares of the financial services provider’s stock valued at $351,000 after purchasing an additional 400 shares in the last quarter. Wells Fargo & Company MN grew its holdings in shares of National Bank Holdings Corporation by 3.9% in the first quarter. Wells Fargo & Company MN now owns 56,310 shares of the financial services provider’s stock valued at $1,830,000 after purchasing an additional 2,134 shares in the last quarter. Great West Life Assurance Co. Can grew its holdings in shares of National Bank Holdings Corporation by 7.0% in the first quarter. Great West Life Assurance Co. Can now owns 37,745 shares of the financial services provider’s stock valued at $1,226,000 after purchasing an additional 2,485 shares in the last quarter. Finally, Advisors Asset Management Inc. grew its holdings in shares of National Bank Holdings Corporation by 3.3% in the first quarter. Advisors Asset Management Inc. now owns 24,540 shares of the financial services provider’s stock valued at $798,000 after purchasing an additional 784 shares in the last quarter. 94.60% of the stock is owned by hedge funds and other institutional investors.

NBHC has been the subject of a number of recent research reports. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $35.00 target price on shares of National Bank Holdings Corporation in a report on Monday, June 26th. Zacks Investment Research lowered shares of National Bank Holdings Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, June 27th. Stephens set a $34.00 price objective on shares of National Bank Holdings Corporation and gave the stock a “hold” rating in a research note on Monday, June 26th. Piper Jaffray Companies began coverage on shares of National Bank Holdings Corporation in a research note on Tuesday, July 11th. They set a “neutral” rating and a $35.00 price objective for the company. Finally, BidaskClub lowered shares of National Bank Holdings Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $35.40.

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National Bank Holdings Corporation (NYSE:NBHC) opened at 32.22 on Friday. National Bank Holdings Corporation has a 1-year low of $22.69 and a 1-year high of $36.04. The firm’s 50-day moving average is $32.56 and its 200 day moving average is $32.37. The stock has a market capitalization of $863.21 million, a price-to-earnings ratio of 25.37 and a beta of 0.67.

National Bank Holdings Corporation (NYSE:NBHC) last issued its earnings results on Thursday, July 20th. The financial services provider reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.05. National Bank Holdings Corporation had a return on equity of 6.60% and a net margin of 17.64%. The business had revenue of $48.85 million during the quarter, compared to the consensus estimate of $48.30 million. During the same period last year, the company earned $0.15 EPS. Equities analysts anticipate that National Bank Holdings Corporation will post $1.24 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Friday, August 25th were paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.12%. The ex-dividend date was Wednesday, August 23rd. National Bank Holdings Corporation’s dividend payout ratio (DPR) is presently 27.91%.

National Bank Holdings Corporation Profile

National Bank Holdings Corporation (NBH) is a bank holding company. Through Bank Midwest, N.A. (Bank Midwest), NBH’s primary business is to offer a range of products and financial services to both its commercial and consumer customers, located in Kansas, Missouri and Colorado. The Company offers an array of lending products to cater to the customers’ needs, including, but not limited to, small business loans, equipment loans, term loans, asset-backed loans, letters of credit, commercial lines of credit, residential mortgage loans, home equity and consumer loans.

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Institutional Ownership by Quarter for National Bank Holdings Corporation (NYSE:NBHC)

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