33,344 Shares in National Bank Holdings Co. (NYSE:NBHC) Purchased by Jackson Creek Investment Advisors LLC

Jackson Creek Investment Advisors LLC bought a new position in National Bank Holdings Co. (NYSE:NBHC - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 33,344 shares of the financial services provider's stock, valued at approximately $1,436,000. Jackson Creek Investment Advisors LLC owned 0.09% of National Bank at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Victory Capital Management Inc. lifted its holdings in shares of National Bank by 56.0% in the third quarter. Victory Capital Management Inc. now owns 2,846,741 shares of the financial services provider's stock valued at $119,848,000 after buying an additional 1,021,829 shares during the period. 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. State Street Corp raised its position in National Bank by 7.6% in the third quarter. State Street Corp now owns 1,799,224 shares of the financial services provider's stock worth $75,747,000 after acquiring an additional 126,796 shares in the last quarter. Squire Investment Management Company LLC acquired a new stake in National Bank in the 3rd quarter valued at about $4,496,000. Finally, Barclays PLC lifted its holdings in National Bank by 91.9% in the 3rd quarter. Barclays PLC now owns 103,076 shares of the financial services provider's stock valued at $4,340,000 after acquiring an additional 49,359 shares during the last quarter. 92.65% of the stock is currently owned by institutional investors.

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Analysts Set New Price Targets

Several brokerages have recently commented on NBHC. StockNews.com downgraded National Bank from a "hold" rating to a "sell" rating in a report on Friday. Keefe, Bruyette & Woods upped 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 note on Wednesday, December 4th. Finally, Hovde Group downgraded shares of National Bank from an "outperform" rating to a "market perform" rating and set a $55.00 target price on the stock. in a research report on Monday, November 18th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $51.40.

National Bank Stock Up 0.1 %

Shares of NBHC traded up $0.03 during mid-day trading on Tuesday, hitting $38.42. 426,305 shares of the company's stock were exchanged, compared to its average volume of 188,387. The company has a quick ratio of 0.94, a current ratio of 0.95 and a debt-to-equity ratio of 0.08. National Bank Holdings Co. has a twelve month low of $32.13 and a twelve month high of $51.76. The firm has a fifty day moving average of $42.54 and a two-hundred day moving average of $43.76. The stock has a market cap of $1.46 billion, a price-to-earnings ratio of 12.43 and a beta of 0.86.

National Bank (NYSE:NBHC - Get Free Report) last posted its earnings results on Wednesday, January 22nd. The financial services provider reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.07. National Bank had a return on equity of 9.76% and a net margin of 19.82%. On average, sell-side analysts forecast that National Bank Holdings Co. will post 3.31 earnings per share for the current year.

National Bank Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be paid a $0.29 dividend. This represents a $1.16 annualized dividend and a dividend yield of 3.02%. The ex-dividend date of this dividend is Friday, February 28th. National Bank's payout ratio is presently 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.