National Bank Holdings Co. (NYSE:NBHC) Receives $49.00 Consensus Target Price from Analysts

National Bank Holdings Co. (NYSE:NBHC - Get Free Report) has been given a consensus recommendation of "Hold" by the five analysts that are presently covering the company, MarketBeat reports. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $49.00.

Several research analysts recently commented on NBHC shares. StockNews.com raised shares of National Bank from a "sell" rating to a "hold" rating in a research note on Friday. Hovde Group reduced their price target on National Bank from $48.00 to $43.00 and set a "market perform" rating on the stock in a research report on Wednesday, April 2nd.

Institutional Investors Weigh In On National Bank

A number of hedge funds and other institutional investors have recently modified their holdings of NBHC. Assenagon Asset Management S.A. acquired a new position in National Bank in the 4th quarter valued at $1,790,000. Amundi grew its position in shares of National Bank by 197.3% in the fourth quarter. Amundi now owns 19,278 shares of the financial services provider's stock valued at $826,000 after purchasing an additional 12,793 shares during the period. State Street Corp boosted its holdings in shares of 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 during the last quarter. Geode Capital Management LLC increased its position in National Bank by 1.1% during the 3rd quarter. Geode Capital Management LLC now owns 861,483 shares of the financial services provider's stock worth $36,276,000 after purchasing an additional 9,723 shares in the last quarter. Finally, Barclays PLC lifted its stake in shares of National Bank by 91.9% during the third quarter. Barclays PLC now owns 103,076 shares of the financial services provider's stock worth $4,340,000 after purchasing an additional 49,359 shares in the last quarter. 92.65% of the stock is currently owned by institutional investors and hedge funds.

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National Bank Stock Performance

NYSE NBHC traded up $0.53 during trading hours on Monday, hitting $35.10. The company's stock had a trading volume of 173,768 shares, compared to its average volume of 223,484. The company has a market cap of $1.34 billion, a P/E ratio of 11.36 and a beta of 0.77. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.95 and a quick ratio of 0.94. The company's 50 day simple moving average is $39.51 and its two-hundred day simple moving average is $42.83. National Bank has a 12 month low of $32.13 and a 12 month high of $51.76.

National Bank (NYSE:NBHC - Get Free Report) last posted its quarterly 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 return on equity of 9.76% and a net margin of 19.82%. As a group, sell-side analysts expect that National Bank will post 3.31 EPS for the current fiscal year.

National Bank Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were issued a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 3.31%. The ex-dividend date of this dividend was Friday, February 28th. National Bank's dividend payout ratio (DPR) is 37.54%.

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.