National Bank Holdings Co. (NYSE:NBHC) Receives Consensus Rating of "Hold" from Brokerages

National Bank Holdings Co. (NYSE:NBHC - Get Free Report) has been given an average recommendation of "Hold" by the five analysts that are currently covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $51.40.

Several equities research analysts recently commented on NBHC shares. StockNews.com upgraded National Bank from a "sell" rating to a "hold" rating in a report on Wednesday. Keefe, Bruyette & Woods lifted 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.

National Bank Trading Down 1.1 %

Shares of National Bank stock traded down $0.44 during trading hours on Thursday, hitting $38.87. The company's stock had a trading volume of 1,170,982 shares, compared to its average volume of 199,900. The business has a fifty day moving average of $41.90 and a 200 day moving average of $43.48. National Bank has a 1-year low of $32.13 and a 1-year 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. The company has a market capitalization of $1.48 billion, a PE ratio of 12.58 and a beta of 0.86.

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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 (EPS) for the quarter, beating 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%. As a group, equities analysts forecast that National Bank will post 3.31 EPS for the current year.

National Bank Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were issued a dividend of $0.29 per share. The ex-dividend date was Friday, February 28th. This represents a $1.16 annualized dividend and a yield of 2.98%. National Bank's dividend payout ratio is presently 37.54%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in NBHC. Quarry LP lifted its position in shares of National Bank by 503.1% during the fourth quarter. Quarry LP now owns 971 shares of the financial services provider's stock worth $42,000 after purchasing an additional 810 shares during the last quarter. Sterling Capital Management LLC lifted its holdings in National Bank by 815.5% during the 4th quarter. Sterling Capital Management LLC now owns 1,181 shares of the financial services provider's stock worth $51,000 after buying an additional 1,052 shares during the last quarter. KBC Group NV grew its position in shares of National Bank by 82.5% in the 4th quarter. KBC Group NV now owns 2,389 shares of the financial services provider's stock worth $103,000 after acquiring an additional 1,080 shares in the last quarter. Aquatic Capital Management LLC bought a new stake in shares of National Bank in the 4th quarter valued at approximately $174,000. Finally, Atria Investments Inc acquired a new stake in shares of National Bank during the 3rd quarter valued at approximately $202,000. 92.65% of the stock is currently owned by institutional investors.

About National Bank

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.