National Bank Holdings Corp. (NYSE:NBHC) Director Burney S. Warren III sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 22nd. The stock was sold at an average price of $27.00, for a total value of $135,000.00. Following the sale, the director now owns 19,416 shares of the company’s stock, valued at $524,232. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

National Bank Holdings Corp. (NYSE:NBHC) traded up 0.22% on Thursday, reaching $27.59. The company had a trading volume of 122,836 shares. The stock has a 50 day moving average price of $24.55 and a 200 day moving average price of $22.32. The stock has a market capitalization of $716.32 million, a PE ratio of 49.53 and a beta of 0.58. National Bank Holdings Corp. has a 52-week low of $18.41 and a 52-week high of $27.76.

National Bank Holdings Corp. (NYSE:NBHC) last posted its quarterly earnings results on Thursday, October 20th. The financial services provider reported $0.30 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.21 by $0.09. National Bank Holdings Corp. had a net margin of 7.82% and a return on equity of 4.03%. The company earned $40.76 million during the quarter, compared to the consensus estimate of $45.60 million. During the same period last year, the firm earned $0.05 EPS. The company’s revenue for the quarter was down 3.7% on a year-over-year basis. Analysts expect that National Bank Holdings Corp. will post $0.67 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 15th. Stockholders of record on Friday, November 25th will be given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.01%. This is an increase from National Bank Holdings Corp.’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend is Tuesday, November 22nd. National Bank Holdings Corp.’s dividend payout ratio (DPR) is presently 49.12%.

Several large investors have recently bought and sold shares of the stock. Schafer Cullen Capital Management Inc. boosted its position in shares of National Bank Holdings Corp. by 6.7% in the third quarter. Schafer Cullen Capital Management Inc. now owns 22,880 shares of the financial services provider’s stock worth $535,000 after buying an additional 1,446 shares during the period. Cullen Capital Management LLC acquired a new position in shares of National Bank Holdings Corp. during the third quarter worth $227,000. EJF Capital LLC boosted its position in shares of National Bank Holdings Corp. by 0.8% in the third quarter. EJF Capital LLC now owns 1,190,573 shares of the financial services provider’s stock worth $27,824,000 after buying an additional 10,000 shares during the period. D. E. Shaw & Co. Inc. boosted its position in shares of National Bank Holdings Corp. by 51.5% in the third quarter. D. E. Shaw & Co. Inc. now owns 106,363 shares of the financial services provider’s stock worth $2,485,000 after buying an additional 36,158 shares during the period. Finally, The Manufacturers Life Insurance Company acquired a new position in shares of National Bank Holdings Corp. during the third quarter worth $426,000.

A number of equities research analysts have recently issued reports on NBHC shares. Hovde Group started coverage on National Bank Holdings Corp. in a research report on Wednesday, September 7th. They issued a “market perform” rating and a $25.00 price target for the company. Zacks Investment Research upgraded National Bank Holdings Corp. from a “hold” rating to a “buy” rating and set a $27.00 price target for the company in a research report on Wednesday, October 26th. Finally, Stephens upgraded National Bank Holdings Corp. from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $21.00 to $25.00 in a research report on Friday, August 12th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $23.33.

TRADEMARK VIOLATION WARNING: “National Bank Holdings Corp. (NBHC) Director Burney S. Warren III Sells 5,000 Shares of Stock” was first posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this story on another publication, it was copied illegally and republished in violation of United States and international copyright & trademark legislation. The correct version of this story can be accessed at https://www.thecerbatgem.com/2016/11/24/national-bank-holdings-corp-nbhc-director-burney-s-warren-iii-sells-5000-shares-of-stock.html.

About National Bank Holdings Corp.

National Bank Holdings Corporation (NBH) is a bank holding company. Through Bank Midwest, N.A. (Bank Midwest), NBH’s primary business is to offer a range of products and financial services to both its commercial and consumer customers, located in Kansas, Missouri and Colorado. The Company offers an array of lending products to cater to the customers’ needs, including, but not limited to, small business loans, equipment loans, term loans, asset-backed loans, letters of credit, commercial lines of credit, residential mortgage loans, home equity and consumer loans.

5 Day Chart for NYSE:NBHC

Receive News & Stock Ratings for National Bank Holdings Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Bank Holdings Corp. and related stocks with our FREE daily email newsletter.