Shares of National Bank Holdings Corp (NYSE:NBHC) have been given a consensus recommendation of “Hold” by the six analysts that are currently covering the stock, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $38.25.

NBHC has been the topic of a number of analyst reports. Stephens set a $41.00 price target on National Bank and gave the company a “hold” rating in a research report on Tuesday, October 23rd. Zacks Investment Research lowered National Bank from a “buy” rating to a “hold” rating in a research report on Wednesday, November 7th.

In other news, CEO G. Timothy Laney sold 15,136 shares of the business’s stock in a transaction dated Thursday, December 6th. The stock was sold at an average price of $34.87, for a total value of $527,792.32. Following the transaction, the chief executive officer now directly owns 439,044 shares of the company’s stock, valued at approximately $15,309,464.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 6.40% of the stock is owned by insiders.

Large investors have recently made changes to their positions in the company. Piermont Capital Management Inc. acquired a new position in shares of National Bank in the 3rd quarter valued at about $1,424,000. Bank of New York Mellon Corp lifted its stake in shares of National Bank by 9.8% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,051,509 shares of the financial services provider’s stock valued at $39,590,000 after purchasing an additional 94,249 shares during the period. Teachers Advisors LLC lifted its stake in shares of National Bank by 10.5% in the 3rd quarter. Teachers Advisors LLC now owns 150,536 shares of the financial services provider’s stock valued at $5,668,000 after purchasing an additional 14,244 shares during the period. Vanguard Group Inc. lifted its stake in shares of National Bank by 3.2% in the 3rd quarter. Vanguard Group Inc. now owns 2,707,954 shares of the financial services provider’s stock valued at $101,954,000 after purchasing an additional 85,073 shares during the period. Finally, Wells Fargo & Company MN raised its stake in National Bank by 12.3% during the 3rd quarter. Wells Fargo & Company MN now owns 44,520 shares of the financial services provider’s stock worth $1,676,000 after buying an additional 4,882 shares during the period. 93.97% of the stock is currently owned by institutional investors.

Shares of NYSE NBHC traded up $0.26 during trading on Wednesday, reaching $32.91. The company had a trading volume of 435 shares, compared to its average volume of 110,092. National Bank has a 12 month low of $29.26 and a 12 month high of $41.44. The firm has a market capitalization of $1.00 billion, a PE ratio of 15.17, a price-to-earnings-growth ratio of 1.42 and a beta of 0.97. The company has a current ratio of 0.92, a quick ratio of 0.91 and a debt-to-equity ratio of 0.43.

National Bank (NYSE:NBHC) last released its quarterly earnings results on Thursday, January 24th. The financial services provider reported $0.55 EPS for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.01). National Bank had a net margin of 21.03% and a return on equity of 10.14%. The company had revenue of $65.95 million during the quarter, compared to the consensus estimate of $66.82 million. During the same quarter last year, the firm posted $0.36 EPS. As a group, analysts forecast that National Bank will post 2.3 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 15th. Stockholders of record on Friday, February 22nd will be paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.07%. The ex-dividend date of this dividend is Thursday, February 21st. National Bank’s dividend payout ratio is 31.48%.

About National Bank

National Bank Holdings Corporation operates as the bank holding company for NBH Bank, N.A. that provides various banking products and financial services to commercial, business, and consumer clients in the United States. The company offers deposit products, including checking accounts, savings accounts, money market accounts, and other deposit accounts, including fixed-rate and fixed maturity time deposits.

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