Northern Trust Corp boosted its position in National Bank Holdings Corporation (NYSE:NBHC) by 3.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 339,687 shares of the financial services provider’s stock after purchasing an additional 12,188 shares during the period. Northern Trust Corp owned about 1.27% of National Bank Holdings Corporation worth $11,247,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in NBHC. First Manhattan Co. acquired a new stake in National Bank Holdings Corporation in the second quarter valued at about $163,000. State of Alaska Department of Revenue lifted its position in National Bank Holdings Corporation by 79.3% in the second quarter. State of Alaska Department of Revenue now owns 5,270 shares of the financial services provider’s stock valued at $174,000 after purchasing an additional 2,330 shares during the period. Municipal Employees Retirement System of Michigan lifted its position in National Bank Holdings Corporation by 6.4% in the second quarter. Municipal Employees Retirement System of Michigan now owns 6,280 shares of the financial services provider’s stock valued at $208,000 after purchasing an additional 380 shares during the period. Victory Capital Management Inc. lifted its position in National Bank Holdings Corporation by 17.6% in the second quarter. Victory Capital Management Inc. now owns 6,478 shares of the financial services provider’s stock valued at $214,000 after purchasing an additional 970 shares during the period. Finally, Teachers Retirement System of The State of Kentucky lifted its position in National Bank Holdings Corporation by 23.6% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 9,427 shares of the financial services provider’s stock valued at $306,000 after purchasing an additional 1,800 shares during the period. Hedge funds and other institutional investors own 94.57% of the company’s stock.

Shares of National Bank Holdings Corporation (NBHC) opened at $33.24 on Friday. National Bank Holdings Corporation has a 12-month low of $23.56 and a 12-month high of $37.08. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.82 and a current ratio of 0.83. The stock has a market cap of $890.90, a P/E ratio of 26.59, a PEG ratio of 2.74 and a beta of 0.65.

National Bank Holdings Corporation (NYSE:NBHC) last posted its quarterly earnings results on Wednesday, October 18th. The financial services provider reported $0.26 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.30 by ($0.04). National Bank Holdings Corporation had a net margin of 17.13% and a return on equity of 6.40%. The company had revenue of $47.45 million for the quarter, compared to analyst estimates of $48.90 million. During the same quarter in the previous year, the business posted $0.30 earnings per share. sell-side analysts anticipate that National Bank Holdings Corporation will post 1.21 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, November 24th will be given a dividend of $0.09 per share. The ex-dividend date is Wednesday, November 22nd. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.08%. National Bank Holdings Corporation’s payout ratio is 28.80%.

A number of equities research analysts recently commented on the stock. DA Davidson restated a “neutral” rating on shares of National Bank Holdings Corporation in a research report on Friday, July 21st. Keefe, Bruyette & Woods restated a “buy” rating and issued a $35.00 price objective on shares of National Bank Holdings Corporation in a research report on Wednesday, October 4th. BidaskClub downgraded shares of National Bank Holdings Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, October 17th. Piper Jaffray Companies started coverage on shares of National Bank Holdings Corporation in a research report on Tuesday, July 11th. They set a “neutral” rating and a $35.00 price target for the company. Finally, Zacks Investment Research downgraded shares of National Bank Holdings Corporation from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 24th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company’s stock. National Bank Holdings Corporation presently has a consensus rating of “Hold” and a consensus price target of $35.00.

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National Bank Holdings Corporation Profile

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.

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

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