Boston Partners Has $17.37 Million Position in National Bank Holdings Co. (NYSE:NBHC)

Boston Partners boosted its holdings in shares of National Bank Holdings Co. (NYSE:NBHC) by 90.3% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 403,255 shares of the financial services provider’s stock after acquiring an additional 191,336 shares during the period. Boston Partners owned 1.06% of National Bank worth $17,366,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in NBHC. Assenagon Asset Management S.A. acquired a new position in National Bank in the fourth quarter valued at about $1,790,000. Systematic Financial Management LP acquired a new stake in National Bank during the 3rd quarter worth approximately $756,000. State Street Corp lifted its stake in National Bank by 7.6% in the third quarter. State Street Corp now owns 1,799,224 shares of the financial services provider’s stock valued at $75,747,000 after buying an additional 126,796 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of National Bank by 1.1% in the third quarter. Geode Capital Management LLC now owns 861,483 shares of the financial services provider’s stock valued at $36,276,000 after buying an additional 9,723 shares during the period. Finally, Barclays PLC increased its position in shares of National Bank by 91.9% during the third quarter. Barclays PLC now owns 103,076 shares of the financial services provider’s stock worth $4,340,000 after acquiring an additional 49,359 shares in the last quarter. Institutional investors own 92.65% of the company’s stock.

National Bank Price Performance

Shares of NYSE NBHC opened at $39.32 on Friday. National Bank Holdings Co. has a fifty-two week low of $32.13 and a fifty-two week high of $51.76. The stock has a market capitalization of $1.50 billion, a price-to-earnings ratio of 12.72 and a beta of 0.86. 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 business has a 50-day moving average of $41.96 and a 200-day moving average of $43.51.

National Bank (NYSE:NBHC) last posted its quarterly earnings results on Wednesday, January 22nd. The financial services provider reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.07. National Bank had a net margin of 19.82% and a return on equity of 9.76%. As a group, sell-side analysts predict that National Bank Holdings Co. will post 3.31 earnings per share for the current fiscal year.

National Bank Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were issued a $0.29 dividend. The ex-dividend date was Friday, February 28th. This represents a $1.16 annualized dividend and a dividend yield of 2.95%. National Bank’s dividend payout ratio is currently 37.54%.

Wall Street Analysts Forecast Growth

NBHC has been the subject of a number of research analyst reports. Keefe, Bruyette & Woods upped their target price on shares of National Bank from $47.00 to $52.00 and gave the stock a “market perform” rating in a research note on Wednesday, December 4th. StockNews.com raised National Bank from a “sell” rating to a “hold” rating in a research report on Wednesday. Five equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, National Bank currently has a consensus rating of “Hold” and an average target price of $51.40.

National Bank Profile

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.