National Bank Holdings Corporation (NYSE:NBHC) was downgraded by equities research analysts at BidaskClub from a “hold” rating to a “sell” rating in a report issued on Thursday.

Other analysts also recently issued reports about the company. Sandler O’Neill upgraded National Bank Holdings Corporation from a “hold” rating to a “buy” rating and set a $36.00 price objective for the company in a report on Friday, August 18th. Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $35.00 target price on shares of National Bank Holdings Corporation in a report on Wednesday, October 4th. Zacks Investment Research downgraded shares of National Bank Holdings Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, August 30th. Finally, DA Davidson reiterated a “neutral” rating on shares of National Bank Holdings Corporation in a report on Friday, July 21st. Two research analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $35.00.

Shares of National Bank Holdings Corporation (NYSE:NBHC) traded down $0.14 on Thursday, hitting $30.74. 112,400 shares of the stock were exchanged, compared to its average volume of 114,961. The stock has a market capitalization of $821.57, a price-to-earnings ratio of 24.70, a P/E/G ratio of 2.55 and a beta of 0.65. National Bank Holdings Corporation has a 1 year low of $25.13 and a 1 year high of $37.08. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.83 and a quick ratio of 0.82.

National Bank Holdings Corporation (NYSE:NBHC) last issued its 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). The company had revenue of $47.45 million for the quarter, compared to analysts’ expectations of $48.90 million. National Bank Holdings Corporation had a net margin of 17.13% and a return on equity of 6.40%. During the same period in the prior year, the firm posted $0.30 earnings per share. equities analysts forecast that National Bank Holdings Corporation will post 1.21 EPS for the current year.

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A number of hedge funds and other institutional investors have recently modified their holdings of NBHC. Louisiana State Employees Retirement System boosted its position in National Bank Holdings Corporation by 0.9% in the 2nd quarter. Louisiana State Employees Retirement System now owns 10,900 shares of the financial services provider’s stock worth $361,000 after purchasing an additional 100 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. boosted its position in National Bank Holdings Corporation by 0.9% in the 2nd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 11,528 shares of the financial services provider’s stock worth $382,000 after purchasing an additional 100 shares in the last quarter. Texas Permanent School Fund boosted its position in National Bank Holdings Corporation by 1.2% in the 2nd quarter. Texas Permanent School Fund now owns 19,505 shares of the financial services provider’s stock worth $646,000 after purchasing an additional 239 shares in the last quarter. Municipal Employees Retirement System of Michigan boosted its position in National Bank Holdings Corporation by 6.4% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 6,280 shares of the financial services provider’s stock worth $208,000 after purchasing an additional 380 shares in the last quarter. Finally, The Manufacturers Life Insurance Company boosted its position in National Bank Holdings Corporation by 2.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 18,868 shares of the financial services provider’s stock worth $625,000 after purchasing an additional 435 shares in the last quarter. Hedge funds and other institutional investors own 94.31% of the company’s stock.

National Bank Holdings Corporation Company 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.

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