National Bank Holdings Corporation (NYSE:NBHC) Given Average Recommendation of “Moderate Buy” by Analysts

National Bank Holdings Corporation (NYSE:NBHC) has earned an average recommendation of “Moderate Buy” from the six analysts that are currently covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $44.75.

A number of analysts have recently issued reports on NBHC shares. Weiss Ratings reiterated a “hold (c)” rating on shares of National Bank in a research note on Thursday, January 22nd. Stephens raised shares of National Bank from an “equal weight” rating to an “overweight” rating and set a $42.00 price target on the stock in a research note on Monday, November 10th. Zacks Research upgraded National Bank from a “strong sell” rating to a “hold” rating in a research note on Monday, December 22nd. Wall Street Zen cut National Bank from a “hold” rating to a “sell” rating in a research note on Saturday, January 31st. Finally, DA Davidson restated a “buy” rating and set a $46.00 price objective on shares of National Bank in a research note on Wednesday, January 28th.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Aster Capital Management DIFC Ltd grew its holdings in National Bank by 650.9% during the 3rd quarter. Aster Capital Management DIFC Ltd now owns 796 shares of the financial services provider’s stock worth $31,000 after acquiring an additional 690 shares in the last quarter. Global Retirement Partners LLC bought a new position in shares of National Bank during the fourth quarter worth about $66,000. Quarry LP grew its stake in National Bank by 50.8% in the third quarter. Quarry LP now owns 1,819 shares of the financial services provider’s stock worth $70,000 after purchasing an additional 613 shares in the last quarter. Nisa Investment Advisors LLC increased its holdings in National Bank by 17.9% in the fourth quarter. Nisa Investment Advisors LLC now owns 3,283 shares of the financial services provider’s stock valued at $125,000 after buying an additional 499 shares during the last quarter. Finally, Tower Research Capital LLC TRC raised its stake in National Bank by 131.3% during the second quarter. Tower Research Capital LLC TRC now owns 3,395 shares of the financial services provider’s stock valued at $128,000 after buying an additional 1,927 shares in the last quarter. 92.65% of the stock is currently owned by institutional investors.

National Bank Price Performance

Shares of NYSE NBHC opened at $41.80 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.94 and a quick ratio of 0.93. National Bank has a 1-year low of $32.83 and a 1-year high of $44.11. The company has a market capitalization of $1.58 billion, a price-to-earnings ratio of 14.67 and a beta of 0.81. The business has a 50-day moving average of $39.70 and a 200-day moving average of $38.46.

National Bank (NYSE:NBHC) last released its quarterly earnings results on Tuesday, January 27th. The financial services provider reported $0.60 EPS for the quarter, missing the consensus estimate of $0.87 by ($0.27). The company had revenue of $100.64 million for the quarter, compared to analyst estimates of $107.48 million. National Bank had a return on equity of 8.65% and a net margin of 18.66%.During the same period last year, the firm posted $0.86 earnings per share. On average, equities analysts anticipate that National Bank will post 3.31 EPS for the current fiscal year.

National Bank Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 27th will be given a dividend of $0.32 per share. The ex-dividend date of this dividend is Friday, February 27th. This is an increase from National Bank’s previous quarterly dividend of $0.31. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.1%. National Bank’s dividend payout ratio is 43.51%.

About National Bank

National Bank Holdings Corporation (NYSE: NBHC) is a diversified financial services holding company headquartered in Cape Girardeau, Missouri. Through its network of community bank subsidiaries, the company provides deposit, lending and payment solutions to consumer, small business and commercial clients across multiple U.S. markets.

Since its founding in 1992, National Bank Holdings has pursued a growth strategy focused on acquiring and integrating locally branded community banks. Its footprint spans the Midwest and Southern United States, including Missouri, Kansas, Oklahoma, Texas, Colorado, Illinois and Tennessee.