2 weeks Ago By ABMN Staff
Shares of National Bank Holdings Co. ( NYSE:NBHC – Get Free Report ) have earned an average recommendation of “Hold” from the five brokerages that are covering the firm, Marketbeat.com reports.
Three research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12 month target price among analysts that have covered the stock in the last year is $46.40.
Several research analysts have recently commented on NBHC shares. StockNews.com lowered National Bank from a “hold” rating to a “sell” rating in a report on Wednesday, July 24th.
Keefe, Bruyette & Woods increased their price objective on National Bank from $39.00 to $45.00 and gave the company a “market perform” rating in a research report on Monday, July 29th.
DA Davidson boosted their target price on National Bank from $42.00 to $45.00 and gave the stock a “buy” rating in a research report on Tuesday, July 2nd.
Stephens increased their price target on shares of National Bank from $38.00 to $46.00 and gave the company an “equal weight” rating in a research report on Thursday, July 25th.
Finally, Piper Sandler lowered shares of National Bank from an “overweight” rating to a “neutral” rating and boosted their price objective for the stock from $42.00 to $46.00 in a report on Thursday, July 25th.
Check Out Our Latest Stock Analysis on NBHC Insiders Place Their Bets Institutional Investors Weigh In On National Bank A number of institutional investors have recently modified their holdings of NBHC. Vanguard Group Inc. lifted its stake in shares of National Bank by 0.
6% in the fourth quarter. Vanguard Group Inc. now owns 4,220,345 shares of the financial services provider’s stock worth $156,955,000 after buying an additional 25,349 shares in the last quarter.
Wellington Management Group LLP increased its holdings in shares of National Bank by 6.5% in the 4th quarter. Wellington Management Group LLP now owns 3,904,987 shares of the financial services provider’s stock worth $145,226,000 after purchasing an additional 239,401 shares in the last quarter.
Dimensional Fund Advisors LP raised its stake in shares of National Bank by 9.4% in the second quarter. Dimensional Fund Advisors LP now owns 1,950,210 shares of the financial services provider’s stock worth $76,152,000 after purchasing an additional 167,711 shares during the last quarter.
Victory Capital Management Inc. lifted its holdings in shares of National Bank by 12,407.1% during the second quarter.
Victory Capital Management Inc. now owns 1,824,912 shares of the financial services provider’s stock valued at $71,263,000 after purchasing an additional 1,810,321 shares in the last quarter. Finally, Westwood Holdings Group Inc.
boosted its position in shares of National Bank by 2.1% during the first quarter. Westwood Holdings Group Inc.
now owns 935,119 shares of the financial services provider’s stock valued at $33,730,000 after buying an additional 19,016 shares during the last quarter. 92.65% of the stock is owned by hedge funds and other institutional investors.
National Bank Stock Up 0.7 % Shares of NYSE NBHC opened at $41.37 on Thursday.
The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.
07. The company has a market cap of $1.56 billion, a P/E ratio of 11.
89 and a beta of 0.85. National Bank has a 52 week low of $28.
38 and a 52 week high of $46.51. The business has a 50-day simple moving average of $41.
76 and a two-hundred day simple moving average of $38.17. National Bank ( NYSE:NBHC – Get Free Report ) last issued its quarterly earnings data on Tuesday, July 23rd.
The financial services provider reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.
06). National Bank had a net margin of 21.40% and a return on equity of 10.
44%. The firm had revenue of $99.31 million for the quarter, compared to analysts’ expectations of $102.
96 million. During the same period in the prior year, the firm posted $0.85 EPS.
National Bank’s revenue was down 5.5% on a year-over-year basis. Research analysts anticipate that National Bank will post 3.
03 earnings per share for the current fiscal year. National Bank Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Friday, September 13th. Shareholders of record on Friday, August 30th were given a dividend of $0.
28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 2.
71%. The ex-dividend date was Friday, August 30th. National Bank’s payout ratio is 32.
18%. National Bank Company Profile ( Get Free Report 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.
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