National Bank Holdings Co. (NYSE:NBHC) Shares Sold by Leeward Investments LLC MA

Leeward Investments LLC MA lessened its stake in National Bank Holdings Co. (NYSE:NBHC - Free Report) by 6.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 348,611 shares of the financial services provider's stock after selling 26,027 shares during the period. Leeward Investments LLC MA owned 0.92% of National Bank worth $15,011,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in NBHC. Victory Capital Management Inc. lifted its stake in shares of National Bank by 56.0% in the 3rd quarter. Victory Capital Management Inc. now owns 2,846,741 shares of the financial services provider's stock worth $119,848,000 after acquiring an additional 1,021,829 shares during the period. Principal Financial Group Inc. lifted its position in National Bank by 36.1% in the third quarter. Principal Financial Group Inc. now owns 786,096 shares of the financial services provider's stock valued at $33,095,000 after purchasing an additional 208,303 shares during the period. State Street Corp boosted its holdings in 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 purchasing an additional 126,796 shares in the last quarter. Squire Investment Management Company LLC acquired a new position in National Bank during the 3rd quarter worth approximately $4,496,000. Finally, Barclays PLC raised its stake in shares of National Bank by 91.9% during the 3rd quarter. Barclays PLC now owns 103,076 shares of the financial services provider's stock worth $4,340,000 after buying an additional 49,359 shares in the last quarter. Institutional investors and hedge funds own 92.65% of the company's stock.

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National Bank Price Performance

Shares of NBHC traded down $0.13 on Wednesday, reaching $41.76. The stock had a trading volume of 157,513 shares, compared to its average volume of 177,868. The firm has a 50-day moving average of $43.00 and a 200 day moving average of $43.77. The firm has a market capitalization of $1.59 billion, a PE ratio of 13.51 and a beta of 0.85. National Bank Holdings Co. has a twelve month low of $32.13 and a twelve month high of $51.76. 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 (NYSE:NBHC - Get Free Report) last announced its quarterly earnings results on Wednesday, January 22nd. The financial services provider reported $0.86 earnings per share for the quarter, beating analysts' consensus estimates of $0.79 by $0.07. National Bank had a return on equity of 9.76% and a net margin of 19.82%. Sell-side analysts expect that National Bank Holdings Co. will post 3.31 EPS for the current year.

National Bank Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be issued a $0.29 dividend. This represents a $1.16 annualized dividend and a dividend yield of 2.78%. The ex-dividend date of this dividend is Friday, February 28th. National Bank's dividend payout ratio (DPR) is presently 37.54%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on NBHC. Hovde Group downgraded National Bank from an "outperform" rating to a "market perform" rating and set a $55.00 price target on the stock. in a research note on Monday, November 18th. Keefe, Bruyette & Woods boosted their target price on shares of National Bank from $47.00 to $52.00 and gave the stock a "market perform" rating in a research report on Wednesday, December 4th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat, National Bank presently has a consensus rating of "Hold" and an average price target of $51.40.

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.