National Bank Holdings Corporation $NBHC Shares Purchased by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC increased its holdings in National Bank Holdings Corporation (NYSE:NBHC) by 6.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 964,261 shares of the financial services provider’s stock after acquiring an additional 61,771 shares during the period. Segall Bryant & Hamill LLC owned approximately 2.55% of National Bank worth $37,259,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of NBHC. Aster Capital Management DIFC Ltd increased its position in shares of National Bank by 650.9% during the 3rd quarter. Aster Capital Management DIFC Ltd now owns 796 shares of the financial services provider’s stock worth $31,000 after purchasing an additional 690 shares during the last quarter. Tower Research Capital LLC TRC boosted its stake in National Bank by 131.3% during the second quarter. Tower Research Capital LLC TRC now owns 3,395 shares of the financial services provider’s stock worth $128,000 after buying an additional 1,927 shares during the period. Savant Capital LLC purchased a new position in National Bank during the third quarter worth about $211,000. Envestnet Asset Management Inc. increased its position in shares of National Bank by 6.3% during the second quarter. Envestnet Asset Management Inc. now owns 5,955 shares of the financial services provider’s stock valued at $224,000 after acquiring an additional 355 shares during the last quarter. Finally, Osaic Holdings Inc. raised its stake in shares of National Bank by 126.0% in the 2nd quarter. Osaic Holdings Inc. now owns 6,367 shares of the financial services provider’s stock valued at $239,000 after acquiring an additional 3,550 shares during the period. Institutional investors and hedge funds own 92.65% of the company’s stock.

Insider Activity at National Bank

In other National Bank news, insider John Steinmetz bought 24,200 shares of the company’s stock in a transaction that occurred on Wednesday, February 11th. The shares were purchased at an average price of $41.41 per share, with a total value of $1,002,122.00. Following the completion of the acquisition, the insider directly owned 536,504 shares of the company’s stock, valued at $22,216,630.64. This represents a 4.72% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 2.90% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on NBHC shares. DA Davidson reaffirmed a “buy” rating and set a $48.00 price objective on shares of National Bank in a research report on Thursday, February 19th. Wall Street Zen cut National Bank from a “hold” rating to a “sell” rating in a research note on Saturday, January 31st. Stephens raised National Bank from an “equal weight” rating to an “overweight” rating and set a $42.00 price objective for the company in a research note on Monday, November 10th. Zacks Research upgraded National Bank from a “strong sell” rating to a “hold” rating in a report on Monday, December 22nd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of National Bank in a research note on Thursday, January 22nd. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, National Bank currently has an average rating of “Moderate Buy” and a consensus price target of $45.25.

National Bank Stock Performance

Shares of National Bank stock opened at $40.68 on Tuesday. The business has a 50-day simple moving average of $40.37 and a 200-day simple moving average of $38.87. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.93 and a current ratio of 0.94. National Bank Holdings Corporation has a one year low of $32.83 and a one year high of $42.99. The company has a market cap of $1.54 billion, a PE ratio of 14.27 and a beta of 0.79.

National Bank (NYSE:NBHC) last issued its earnings results on Tuesday, January 27th. The financial services provider reported $0.60 earnings per share for the quarter, missing the consensus estimate of $0.87 by ($0.27). National Bank had a net margin of 18.66% and a return on equity of 8.65%. The firm had revenue of $99.08 million during the quarter, compared to analyst estimates of $107.48 million. During the same period last year, the business earned $0.86 EPS. On average, equities research analysts forecast that National Bank Holdings Corporation will post 3.31 EPS for the current fiscal year.

National Bank Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 27th will be given a dividend of $0.32 per share. This is an increase from National Bank’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend is Friday, February 27th. This represents a $1.28 annualized dividend and a dividend yield of 3.1%. National Bank’s dividend payout ratio is presently 44.91%.

National Bank Company Profile

National Bank Holdings Corporation (NYSE: NBHC) is a diversified financial services holding company headquartered in Cape Girardeau, Missouri. Through its network of community bank subsidiaries, the company provides deposit, lending and payment solutions to consumer, small business and commercial clients across multiple U.S. markets.

Since its founding in 1992, National Bank Holdings has pursued a growth strategy focused on acquiring and integrating locally branded community banks. Its footprint spans the Midwest and Southern United States, including Missouri, Kansas, Oklahoma, Texas, Colorado, Illinois and Tennessee.