National Bank Holdings Corporation $NBHC Shares Bought by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC grew its holdings in shares of National Bank Holdings Corporation (NYSE:NBHC) by 1.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 902,490 shares of the financial services provider’s stock after purchasing an additional 11,053 shares during the period. Segall Bryant & Hamill LLC’s holdings in National Bank were worth $33,943,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC bought a new stake in shares of National Bank during the 2nd quarter worth $289,000. Harbor Capital Advisors Inc. raised its position in shares of National Bank by 5.9% during the second quarter. Harbor Capital Advisors Inc. now owns 14,551 shares of the financial services provider’s stock worth $547,000 after purchasing an additional 805 shares during the period. Jacobs Levy Equity Management Inc. purchased a new stake in shares of National Bank during the first quarter valued at $536,000. Entropy Technologies LP acquired a new position in shares of National Bank in the 1st quarter valued at $313,000. Finally, First Citizens Bank & Trust Co. acquired a new position in shares of National Bank in the 2nd quarter valued at $413,000. 92.65% of the stock is currently owned by institutional investors.

National Bank Stock Up 3.8%

National Bank stock opened at $37.02 on Friday. National Bank Holdings Corporation has a twelve month low of $32.83 and a twelve month high of $50.82. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.93 and a current ratio of 0.93. The firm has a market cap of $1.40 billion, a PE ratio of 11.71 and a beta of 0.80. The firm’s 50 day moving average price is $37.46 and its two-hundred day moving average price is $37.77.

National Bank (NYSE:NBHC) last posted its quarterly earnings results on Thursday, August 14th. The financial services provider reported $0.63 EPS for the quarter. National Bank had a net margin of 20.50% and a return on equity of 9.56%. The business had revenue of $102.07 million for the quarter. On average, research analysts predict that National Bank Holdings Corporation will post 3.31 EPS for the current fiscal year.

National Bank Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Friday, November 28th will be given a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend is Friday, November 28th. This is an increase from National Bank’s previous quarterly dividend of ($0.30). National Bank’s payout ratio is currently 37.97%.

Analyst Ratings Changes

Several analysts have issued reports on the company. Keefe, Bruyette & Woods boosted their price objective on National Bank from $44.00 to $45.00 and gave the stock a “market perform” rating in a report on Wednesday, September 17th. Stephens upgraded shares of National Bank from an “equal weight” rating to an “overweight” rating and set a $42.00 price target on the stock in a report on Monday, November 10th. Weiss Ratings restated a “hold (c)” rating on shares of National Bank in a research report on Wednesday, October 8th. Zacks Research raised shares of National Bank from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 1st. Finally, Wall Street Zen raised shares of National Bank from a “strong sell” rating to a “hold” rating in a research note on Saturday, July 26th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $44.50.

National Bank 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.