Natixis Advisors LLC Sells 22,357 Shares of National Bank Holdings Co. (NYSE:NBHC)

Natixis Advisors LLC decreased its position in shares of National Bank Holdings Co. (NYSE:NBHC - Free Report) by 63.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,711 shares of the financial services provider's stock after selling 22,357 shares during the quarter. Natixis Advisors LLC's holdings in National Bank were worth $547,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of NBHC. KBC Group NV increased its position in National Bank by 82.5% in the 4th quarter. KBC Group NV now owns 2,389 shares of the financial services provider's stock valued at $103,000 after acquiring an additional 1,080 shares during the period. Handelsbanken Fonder AB acquired a new stake in National Bank in the fourth quarter valued at $224,000. FMR LLC raised 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 worth $321,000 after purchasing an additional 5,968 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new position in National Bank during the 4th quarter worth about $500,000. Finally, BNP Paribas Financial Markets grew its position in shares of National Bank by 130.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 17,146 shares of the financial services provider's stock valued at $722,000 after buying an additional 9,705 shares during the last quarter. Institutional investors own 92.65% of the company's stock.

National Bank Trading Down 1.3 %

Shares of National Bank stock traded down $0.52 on Monday, hitting $38.23. 405,319 shares of the company's stock traded hands, compared to its average volume of 215,058. The company has a market capitalization of $1.45 billion, a price-to-earnings ratio of 12.37 and a beta of 0.86. The company has a fifty day moving average of $41.37 and a two-hundred day moving average of $43.39. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.95 and a quick ratio of 0.94. National Bank Holdings Co. has a one year low of $32.13 and a one year high of $51.76.

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

National Bank Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were issued a dividend of $0.29 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $1.16 annualized dividend and a dividend yield of 3.03%. National Bank's dividend payout ratio is currently 37.54%.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. Keefe, Bruyette & Woods raised their price objective on National Bank from $47.00 to $52.00 and gave the stock a "market perform" rating in a research report on Wednesday, December 4th. StockNews.com upgraded shares of National Bank from a "sell" rating to a "hold" rating in a report on Wednesday, March 19th. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $51.40.

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.