Louisiana State Employees Retirement System increased its position in National Bank Holdings Corporation (NYSE:NBHC) by 0.9% during the second quarter, Holdings Channel reports. The firm owned 10,900 shares of the financial services provider’s stock after buying an additional 100 shares during the period. Louisiana State Employees Retirement System’s holdings in National Bank Holdings Corporation were worth $361,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in NBHC. Arizona State Retirement System boosted its position in shares of National Bank Holdings Corporation by 3.7% in the first quarter. Arizona State Retirement System now owns 13,900 shares of the financial services provider’s stock worth $452,000 after buying an additional 500 shares during the period. Mason Street Advisors LLC boosted its position in shares of National Bank Holdings Corporation by 9.7% in the first quarter. Mason Street Advisors LLC now owns 6,222 shares of the financial services provider’s stock worth $202,000 after buying an additional 549 shares during the period. Advisors Asset Management Inc. boosted its position in shares of National Bank Holdings Corporation by 3.3% in the first quarter. Advisors Asset Management Inc. now owns 24,540 shares of the financial services provider’s stock worth $798,000 after buying an additional 784 shares during the period. Bank of Montreal Can boosted its position in shares of National Bank Holdings Corporation by 29.6% in the first quarter. Bank of Montreal Can now owns 3,706 shares of the financial services provider’s stock worth $120,000 after buying an additional 846 shares during the period. Finally, Legal & General Group Plc boosted its position in shares of National Bank Holdings Corporation by 2.5% in the first quarter. Legal & General Group Plc now owns 43,526 shares of the financial services provider’s stock worth $1,415,000 after buying an additional 1,064 shares during the period. Hedge funds and other institutional investors own 96.94% of the company’s stock.

Shares of National Bank Holdings Corporation (NYSE NBHC) remained flat at $32.94 during midday trading on Tuesday. The company had a trading volume of 26,481 shares. The firm’s 50 day moving average price is $33.59 and its 200-day moving average price is $32.47. National Bank Holdings Corporation has a 12-month low of $22.23 and a 12-month high of $36.04. The firm has a market capitalization of $882.50 million, a P/E ratio of 25.94 and a beta of 0.66.

National Bank Holdings Corporation (NYSE:NBHC) last issued its quarterly earnings data on Thursday, July 20th. The financial services provider reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.05. The company had revenue of $48.85 million during the quarter, compared to analyst estimates of $48.30 million. National Bank Holdings Corporation had a return on equity of 6.60% and a net margin of 17.64%. During the same period in the prior year, the business posted $0.15 earnings per share. Equities analysts forecast that National Bank Holdings Corporation will post $1.25 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, August 25th will be given a $0.09 dividend. The ex-dividend date is Wednesday, August 23rd. This represents a $0.36 annualized dividend and a yield of 1.09%. National Bank Holdings Corporation’s payout ratio is 27.91%.

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A number of equities research analysts recently issued reports on NBHC shares. Zacks Investment Research lowered National Bank Holdings Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, June 27th. DA Davidson reissued a “neutral” rating on shares of National Bank Holdings Corporation in a research note on Friday, July 21st. Piper Jaffray Companies started coverage on National Bank Holdings Corporation in a research note on Tuesday, July 11th. They set a “neutral” rating and a $35.00 price target for the company. BidaskClub lowered National Bank Holdings Corporation from a “sell” rating to a “strong sell” rating in a research note on Saturday. Finally, Keefe, Bruyette & Woods reissued a “buy” rating and set a $35.00 price target on shares of National Bank Holdings Corporation in a research note on Monday, June 26th. One investment analyst has rated the stock with a sell rating, four have given a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $33.20.

About National Bank Holdings Corporation

National Bank Holdings Corporation (NBH) is a bank holding company. Through Bank Midwest, N.A. (Bank Midwest), NBH’s primary business is to offer a range of products and financial services to both its commercial and consumer customers, located in Kansas, Missouri and Colorado. The Company offers an array of lending products to cater to the customers’ needs, including, but not limited to, small business loans, equipment loans, term loans, asset-backed loans, letters of credit, commercial lines of credit, residential mortgage loans, home equity and consumer loans.

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Institutional Ownership by Quarter for National Bank Holdings Corporation (NYSE:NBHC)

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