Brokerages Set National Bank Holdings Co. (NYSE:NBHC) PT at $51.40

Shares of National Bank Holdings Co. (NYSE:NBHC) have earned a consensus rating of “Hold” from the five analysts that are currently covering the firm, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 1 year target price among brokerages that have covered the stock in the last year is $51.40.

Several equities analysts have weighed in on the stock. Keefe, Bruyette & Woods boosted their target price 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. StockNews.com upgraded shares of National Bank from a “sell” rating to a “hold” rating in a report on Wednesday.

National Bank Trading Down 1.1 %

NBHC stock opened at $38.87 on Thursday. National Bank has a 1-year low of $32.13 and a 1-year high of $51.76. The company has a market capitalization of $1.48 billion, a price-to-earnings ratio of 12.58 and a beta of 0.86. 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 business has a 50 day simple moving average of $41.90 and a two-hundred day simple moving average of $43.48.

National Bank (NYSE:NBHC) last posted its earnings results on Wednesday, January 22nd. The financial services provider reported $0.86 earnings per share 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%. Research analysts anticipate that National Bank will post 3.31 EPS for the current fiscal 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 $0.29 dividend. The ex-dividend date was Friday, February 28th. This represents a $1.16 annualized dividend and a dividend yield of 2.98%. National Bank’s dividend payout ratio is currently 37.54%.

Hedge Funds Weigh In On National Bank

Large investors have recently made changes to their positions in the stock. Quarry LP lifted its holdings in shares of National Bank by 503.1% in the 4th quarter. Quarry LP now owns 971 shares of the financial services provider’s stock worth $42,000 after acquiring 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 in the last quarter. KBC Group NV lifted its holdings in National Bank by 82.5% during the 4th quarter. KBC Group NV now owns 2,389 shares of the financial services provider’s stock worth $103,000 after buying an additional 1,080 shares in the last quarter. Aquatic Capital Management LLC acquired a new stake in National Bank during the 4th quarter worth approximately $174,000. Finally, Atria Investments Inc acquired a new stake in National Bank during the 3rd quarter worth approximately $202,000. 92.65% of the stock is currently owned by institutional investors and hedge funds.

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.