Leeward Investments LLC MA Has $8.38 Million Holdings in National Bank Holdings Co. (NYSE:NBHC)

Leeward Investments LLC MA boosted its position in shares of National Bank Holdings Co. (NYSE:NBHC) by 32.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 225,334 shares of the financial services provider’s stock after acquiring an additional 55,601 shares during the period. Leeward Investments LLC MA’s holdings in National Bank were worth $8,380,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Quantbot Technologies LP lifted its stake in shares of National Bank by 2,352.0% in the 3rd quarter. Quantbot Technologies LP now owns 4,904 shares of the financial services provider’s stock valued at $146,000 after purchasing an additional 4,704 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in National Bank by 45.5% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,857 shares of the financial services provider’s stock valued at $204,000 after purchasing an additional 2,145 shares during the last quarter. Everence Capital Management Inc. acquired a new stake in National Bank during the fourth quarter worth approximately $244,000. Mutual of America Capital Management LLC bought a new position in shares of National Bank during the fourth quarter worth approximately $246,000. Finally, Aigen Investment Management LP bought a new position in National Bank in the third quarter valued at approximately $267,000. 92.65% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on NBHC shares. TheStreet lowered shares of National Bank from a “b” rating to a “c+” rating in a report on Monday, March 18th. StockNews.com upgraded shares of National Bank from a “sell” rating to a “hold” rating in a report on Saturday, April 20th. Keefe, Bruyette & Woods reiterated a “market perform” rating and set a $39.00 price objective (down previously from $40.00) on shares of National Bank in a report on Friday. Finally, Piper Sandler upped their price objective on shares of National Bank from $40.00 to $41.00 and gave the company an “overweight” rating in a report on Thursday, January 25th. Three research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, National Bank presently has a consensus rating of “Hold” and a consensus target price of $38.00.

National Bank Stock Down 0.4 %

Shares of NYSE:NBHC traded down $0.15 during midday trading on Friday, hitting $33.50. 148,331 shares of the company’s stock were exchanged, compared to its average volume of 166,293. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.95 and a quick ratio of 0.95. The stock has a 50 day moving average price of $34.14 and a 200-day moving average price of $34.09. The company has a market cap of $1.27 billion, a PE ratio of 9.63 and a beta of 0.84. National Bank Holdings Co. has a 12 month low of $26.48 and a 12 month high of $38.71.

National Bank (NYSE:NBHC) last posted its earnings results on Thursday, April 25th. The financial services provider reported $0.82 EPS for the quarter, topping the consensus estimate of $0.79 by $0.03. The company had revenue of $149.43 million during the quarter, compared to the consensus estimate of $101.98 million. National Bank had a net margin of 22.94% and a return on equity of 11.34%. During the same period in the previous year, the firm posted $1.06 earnings per share. On average, sell-side analysts anticipate that National Bank Holdings Co. will post 3.33 EPS for the current fiscal year.

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.