National Bank Holdings Co. (NYSE:NBHC) Receives $51.40 Average Target Price from Analysts

National Bank Holdings Co. (NYSE:NBHC) has earned an average rating of “Hold” from the five research firms that are presently covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $51.40.

Several equities research analysts have commented on NBHC shares. Keefe, Bruyette & Woods upped their price target on shares of National Bank from $47.00 to $52.00 and gave the company a “market perform” rating in a report on Wednesday, December 4th. Hovde Group downgraded National Bank from an “outperform” rating to a “market perform” rating and set a $55.00 target price on the stock. in a research note on Monday, November 18th.

National Bank Trading Up 0.7 %

National Bank stock opened at $41.91 on Friday. National Bank has a 52 week low of $32.13 and a 52 week high of $51.76. The stock has a 50-day moving average price of $43.07 and a 200 day moving average price of $43.76. 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 $1.59 billion, a price-to-earnings ratio of 13.56 and a beta of 0.85.

National Bank (NYSE:NBHC) last announced its quarterly earnings data on Wednesday, January 22nd. The financial services provider reported $0.86 EPS for the quarter, beating 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%. Sell-side analysts anticipate that National Bank will post 3.31 EPS for the current year.

National Bank Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be given a $0.29 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.77%. National Bank’s dividend payout ratio (DPR) is currently 37.54%.

Institutional Investors Weigh In On National Bank

A number of institutional investors have recently modified their holdings of NBHC. Victory Capital Management Inc. raised its holdings in 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 purchasing an additional 1,021,829 shares during the period. Principal Financial Group Inc. increased its position in shares of 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 buying an additional 208,303 shares in the last quarter. Boston Partners raised its stake in shares of National Bank by 90.3% during the 4th quarter. Boston Partners now owns 403,255 shares of the financial services provider’s stock worth $17,366,000 after buying an additional 191,336 shares during the period. Leeward Investments LLC MA lifted its position in shares of National Bank by 64.2% during the 3rd quarter. Leeward Investments LLC MA now owns 374,638 shares of the financial services provider’s stock valued at $15,772,000 after buying an additional 146,494 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in National Bank by 74.7% in the 4th quarter. JPMorgan Chase & Co. now owns 331,546 shares of the financial services provider’s stock valued at $14,276,000 after acquiring an additional 141,716 shares during the period. 92.65% of the stock is currently owned by institutional investors and hedge funds.

National Bank Company 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.