Leeward Investments LLC MA Has $20.31 Million Stock Holdings in National Bank Holdings Corporation $NBHC

Leeward Investments LLC MA raised its holdings in National Bank Holdings Corporation (NYSE:NBHC) by 20.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 534,211 shares of the financial services provider’s stock after purchasing an additional 92,489 shares during the quarter. National Bank accounts for approximately 1.0% of Leeward Investments LLC MA’s investment portfolio, making the stock its 28th biggest position. Leeward Investments LLC MA’s holdings in National Bank were worth $20,305,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Aster Capital Management DIFC Ltd boosted its holdings in shares of National Bank by 650.9% in the 3rd quarter. Aster Capital Management DIFC Ltd now owns 796 shares of the financial services provider’s stock valued at $31,000 after purchasing an additional 690 shares in the last quarter. Quarry LP lifted its stake in shares of National Bank by 50.8% in the 3rd quarter. Quarry LP now owns 1,819 shares of the financial services provider’s stock valued at $70,000 after acquiring an additional 613 shares during the last quarter. Nisa Investment Advisors LLC lifted its stake in shares of National Bank by 17.9% in the 4th quarter. Nisa Investment Advisors LLC now owns 3,283 shares of the financial services provider’s stock valued at $125,000 after acquiring an additional 499 shares during the last quarter. Tower Research Capital LLC TRC lifted its stake in shares of National Bank by 131.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,395 shares of the financial services provider’s stock valued at $128,000 after acquiring an additional 1,927 shares during the last quarter. Finally, Savant Capital LLC bought a new position in shares of National Bank in the 3rd quarter valued at $211,000. Institutional investors and hedge funds own 92.65% of the company’s stock.

National Bank Stock Performance

NBHC stock opened at $41.20 on Friday. The stock has a 50-day moving average price of $40.62 and a 200-day moving average price of $39.66. National Bank Holdings Corporation has a 1-year low of $35.06 and a 1-year high of $43.86. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.12. The firm has a market cap of $1.85 billion, a PE ratio of 15.37 and a beta of 0.80.

National Bank (NYSE:NBHC) last posted its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.65 by $0.07. National Bank had a return on equity of 8.72% and a net margin of 17.14%.The firm had revenue of $126.78 million during the quarter, compared to analyst estimates of $129.30 million. During the same period last year, the company posted $0.63 EPS. The business’s quarterly revenue was up 37.8% on a year-over-year basis. As a group, equities research analysts expect that National Bank Holdings Corporation will post 3.51 earnings per share for the current year.

National Bank Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be paid a $0.32 dividend. The ex-dividend date is Friday, May 29th. This represents a $1.28 annualized dividend and a dividend yield of 3.1%. National Bank’s dividend payout ratio (DPR) is currently 47.76%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Weiss Ratings upgraded National Bank from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 30th. DA Davidson reiterated a “buy” rating and issued a $46.00 price target on shares of National Bank in a research note on Wednesday, April 22nd. Wall Street Zen upgraded National Bank from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, Piper Sandler increased their price target on National Bank from $48.00 to $52.00 and gave the company an “overweight” rating in a research note on Monday, April 27th. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, National Bank has a consensus rating of “Moderate Buy” and an average target price of $46.20.

About National Bank

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.