Amundi Purchases 12,793 Shares of National Bank Holdings Co. (NYSE:NBHC)

Amundi increased its position in National Bank Holdings Co. (NYSE:NBHC - Free Report) by 197.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,278 shares of the financial services provider's stock after buying an additional 12,793 shares during the quarter. Amundi owned 0.05% of National Bank worth $826,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in NBHC. KBC Group NV increased its position in National Bank by 82.5% during the 4th quarter. KBC Group NV now owns 2,389 shares of the financial services provider's stock valued at $103,000 after purchasing an additional 1,080 shares during the period. Atria Investments Inc purchased a new position in National Bank during the 3rd quarter valued at $202,000. Handelsbanken Fonder AB purchased a new position in National Bank during the 4th quarter valued at $224,000. FMR LLC increased its position in National Bank by 359.7% during the 3rd quarter. FMR LLC now owns 7,627 shares of the financial services provider's stock valued at $321,000 after purchasing an additional 5,968 shares during the period. Finally, BNP Paribas Financial Markets increased its position in National Bank by 130.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 17,146 shares of the financial services provider's stock valued at $722,000 after purchasing an additional 9,705 shares during the period. 92.65% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on NBHC. Keefe, Bruyette & Woods boosted their price objective on shares of National Bank from $47.00 to $52.00 and gave the company a "market perform" rating in a research report on Wednesday, December 4th. StockNews.com raised shares of National Bank from a "sell" rating to a "hold" rating in a research report on Wednesday. Five equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $51.40.

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National Bank Stock Down 1.1 %

Shares of NBHC stock traded down $0.44 during mid-day trading on Friday, reaching $38.87. 1,170,982 shares of the company's stock traded hands, compared to its average volume of 199,900. National Bank Holdings Co. has a 12 month low of $32.13 and a 12 month high of $51.76. The company has a market cap of $1.48 billion, a P/E ratio of 12.58 and a beta of 0.86. The company has a quick ratio of 0.94, a current ratio of 0.95 and a debt-to-equity ratio of 0.08. The company's 50-day moving average price is $41.90 and its 200-day moving average price is $43.48.

National Bank (NYSE:NBHC - Get Free Report) last announced its earnings results on Wednesday, January 22nd. The financial services provider reported $0.86 EPS 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 analysts expect that National Bank Holdings Co. will post 3.31 earnings per share for the current fiscal year.

National Bank Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were paid a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 2.98%. The ex-dividend date was Friday, February 28th. National Bank's payout ratio is 37.54%.

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.