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

Shares of National Bank Holdings Co. (NYSE:NBHC) have earned a consensus rating of “Hold” from the five brokerages that are currently covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $51.40.

A number of analysts have weighed in on the company. StockNews.com upgraded National Bank from a “sell” rating to a “hold” rating in a report on Wednesday, March 19th. Keefe, Bruyette & Woods upped their price objective on 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 Stock Performance

Shares of National Bank stock opened at $39.59 on Thursday. National Bank has a 12 month low of $32.13 and a 12 month high of $51.76. The stock’s fifty day moving average price is $41.68 and its 200-day moving average price is $43.42. The firm has a market cap of $1.51 billion, a P/E ratio of 12.81 and a beta of 0.86. The company has a current ratio of 0.95, a quick ratio of 0.94 and a debt-to-equity ratio of 0.08.

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%. On average, equities research analysts expect 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. Investors of record on Friday, February 28th were paid a dividend of $0.29 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $1.16 annualized dividend and a yield of 2.93%. National Bank’s dividend payout ratio (DPR) is 37.54%.

Institutional Trading of National Bank

Large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of National Bank by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 4,230,384 shares of the financial services provider’s stock worth $182,160,000 after purchasing an additional 35,910 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of National Bank by 1.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,089,730 shares of the financial services provider’s stock valued at $89,984,000 after buying an additional 32,983 shares during the last quarter. State Street Corp lifted its holdings in shares of National Bank by 7.6% in the 3rd quarter. State Street Corp now owns 1,799,224 shares of the financial services provider’s stock valued at $75,747,000 after buying an additional 126,796 shares during the period. Geode Capital Management LLC boosted its stake in shares of National Bank by 1.1% in the third quarter. Geode Capital Management LLC now owns 861,483 shares of the financial services provider’s stock worth $36,276,000 after buying an additional 9,723 shares during the last quarter. Finally, Principal Financial Group Inc. grew its holdings in National Bank by 36.1% during the third quarter. Principal Financial Group Inc. now owns 786,096 shares of the financial services provider’s stock worth $33,095,000 after acquiring an additional 208,303 shares during the period. Hedge funds and other institutional investors own 92.65% of the company’s stock.

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.