National Bank Holdings Co. (NYSE:NBHC) Short Interest Update

National Bank Holdings Co. (NYSE:NBHC - Get Free Report) was the target of a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 571,100 shares, a decrease of 17.3% from the February 13th total of 690,900 shares. Currently, 1.6% of the company's shares are sold short. Based on an average daily volume of 199,300 shares, the short-interest ratio is presently 2.9 days.

National Bank Trading Down 1.1 %

Shares of NBHC traded down $0.44 during mid-day trading on Friday, reaching $38.87. 1,170,982 shares of the company's stock traded hands, compared to its average volume of 200,105. The stock has a market cap of $1.48 billion, a P/E ratio of 12.58 and a beta of 0.86. The stock's 50-day moving average is $41.90 and its two-hundred day moving average is $43.48. National Bank has a 12 month low of $32.13 and a 12 month high of $51.76. 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 (NYSE:NBHC - Get Free Report) last released its 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%. Research analysts forecast that National Bank will post 3.31 earnings per share for the current fiscal year.

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National Bank Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were paid a $0.29 dividend. 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 (DPR) is currently 37.54%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Bank of Montreal Can grew its stake in National Bank by 6.8% in the fourth quarter. Bank of Montreal Can now owns 7,098 shares of the financial services provider's stock worth $306,000 after purchasing an additional 455 shares in the last quarter. Swiss National Bank lifted its holdings in National Bank by 0.9% during the fourth quarter. Swiss National Bank now owns 74,500 shares of the financial services provider's stock worth $3,208,000 after buying an additional 700 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in National Bank by 3.5% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,987 shares of the financial services provider's stock worth $904,000 after buying an additional 715 shares during the period. Quarry LP lifted its holdings in 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 buying an additional 810 shares during the period. Finally, Sterling Capital Management LLC lifted its holdings in National Bank by 815.5% during the fourth 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 period. Institutional investors own 92.65% of the company's stock.

Analyst Upgrades and Downgrades

NBHC has been the topic of a number of recent research reports. Keefe, Bruyette & Woods upped their price objective on National Bank from $47.00 to $52.00 and gave the company a "market perform" rating in a research report on Wednesday, December 4th. StockNews.com upgraded National Bank from a "sell" rating to a "hold" rating in a research report on Wednesday. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target 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.