6 days Ago By ABMN Staff
Franklin Resources Inc. grew its position in shares of National Bank Holdings Co. ( NYSE:NBHC – Free Report ) by 216.
8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 33,945 shares of the financial services provider’s stock after acquiring an additional 23,230 shares during the period.
Franklin Resources Inc.’s holdings in National Bank were worth $1,462,000 at the end of the most recent quarter. A number of other large investors also recently modified their holdings of the company.
KBC Group NV grew its stake in shares of National Bank by 82.5% in the fourth quarter. KBC Group NV now owns 2,389 shares of the financial services provider’s stock valued at $103,000 after buying an additional 1,080 shares in the last quarter.
Handelsbanken Fonder AB purchased a new position in National Bank in the 4th quarter worth approximately $224,000. Meeder Asset Management Inc. grew its position in National Bank by 390.
5% in the fourth quarter. Meeder Asset Management Inc. now owns 6,509 shares of the financial services provider’s stock valued at $280,000 after acquiring an additional 5,182 shares in the last quarter.
FMR LLC raised its stake 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 valued at $321,000 after purchasing an additional 5,968 shares during the period.
Finally, KLP Kapitalforvaltning AS acquired a new position in shares of National Bank during the fourth quarter worth $362,000. 92.65% of the stock is currently owned by hedge funds and other institutional investors.
National Bank Stock Performance Shares of National Bank stock opened at $34.61 on Tuesday. The company has a debt-to-equity ratio of 0.
08, a quick ratio of 0.94 and a current ratio of 0.95.
National Bank Holdings Co. has a 1 year low of $32.13 and a 1 year high of $51.
76. The firm’s 50-day simple moving average is $39.51 and its 200-day simple moving average is $42.
83. The firm has a market cap of $1.32 billion, a PE ratio of 11.
20 and a beta of 0.77. National Bank Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th.
Shareholders of record on Friday, February 28th were paid a dividend of $0.29 per share. The ex-dividend date of this dividend was Friday, February 28th.
This represents a $1.16 annualized dividend and a yield of 3.35%.
National Bank’s payout ratio is 37.54%. Wall Street Analysts Forecast Growth A number of equities research analysts recently weighed in on the stock.
StockNews.com raised shares of National Bank from a “sell” rating to a “hold” rating in a report on Friday. Hovde Group lowered their target price on National Bank from $48.
00 to $43.00 and set a “market perform” rating for the company in a research note on Wednesday, April 2nd. Five analysts have rated the stock with a hold rating and one has given a buy rating to the stock.
According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $49.00.
View Our Latest Stock Report on NBHC National Bank Profile ( 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. Further Reading Want to see what other hedge funds are holding NBHC? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for National Bank Holdings Co. ( NYSE:NBHC – Free Report ). Receive News & Ratings for National Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Bank and related companies with MarketBeat.
com's FREE daily email newsletter ..
