National Bank Holdings Co. (NYSE:NBHC) Stake Cut by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC lessened its holdings in shares of National Bank Holdings Co. (NYSE:NBHC) by 2.9% during the 4th quarter, HoldingsChannel reports. The fund owned 909,530 shares of the financial services provider’s stock after selling 26,881 shares during the period. Segall Bryant & Hamill LLC’s holdings in National Bank were worth $39,164,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. KBC Group NV grew its position in National Bank by 82.5% during the fourth quarter. KBC Group NV now owns 2,389 shares of the financial services provider’s stock valued at $103,000 after purchasing an additional 1,080 shares in the last quarter. Atria Investments Inc purchased a new position in shares of National Bank during the 3rd quarter valued at $202,000. Handelsbanken Fonder AB purchased a new position in shares of National Bank during the 4th quarter valued at $224,000. FMR LLC raised its holdings in shares of National Bank by 359.7% during the third quarter. FMR LLC now owns 7,627 shares of the financial services provider’s stock worth $321,000 after acquiring an additional 5,968 shares in the last quarter. Finally, KLP Kapitalforvaltning AS acquired a new stake in National Bank during the fourth quarter valued at $362,000. Institutional investors and hedge funds own 92.65% of the company’s stock.

National Bank Price Performance

Shares of NYSE:NBHC opened at $39.57 on Tuesday. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.95 and a quick ratio of 0.94. The stock has a market capitalization of $1.51 billion, a P/E ratio of 12.80 and a beta of 0.86. The business has a 50-day moving average of $41.85 and a two-hundred day moving average of $43.46. National Bank Holdings Co. has a fifty-two week low of $32.13 and a fifty-two week high of $51.76.

National Bank (NYSE:NBHC) last announced its earnings results on Wednesday, January 22nd. The financial services provider reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.07. National Bank had a return on equity of 9.76% and a net margin of 19.82%. On average, equities research analysts predict that National Bank Holdings Co. will post 3.31 EPS for the current fiscal year.

National Bank Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were issued a $0.29 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $1.16 annualized dividend and a yield of 2.93%. National Bank’s dividend payout ratio (DPR) is presently 37.54%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on NBHC shares. Keefe, Bruyette & Woods upped their target price on National Bank from $47.00 to $52.00 and gave the stock a “market perform” rating in a research report on Wednesday, December 4th. StockNews.com raised shares of National Bank from a “sell” rating to a “hold” rating in a research report on Wednesday, March 19th. Five research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $51.40.

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.