Focus Partners Advisor Solutions LLC bought a new stake in shares of National Bank Holdings Corporation (NYSE:NBHC – Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 108,849 shares of the financial services provider’s stock, valued at approximately $4,137,000. Focus Partners Advisor Solutions LLC owned about 0.29% of National Bank as of its most recent filing with the SEC.
Other large investors have also recently bought and sold shares of the company. 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 valued at $31,000 after buying an additional 690 shares during the last quarter. Global Retirement Partners LLC acquired a new stake in National Bank during the 4th quarter valued at $66,000. State of Wyoming acquired a new stake in National Bank during the 4th quarter valued at $69,000. Quarry LP boosted its holdings in shares of National Bank by 50.8% during 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 during the last quarter. Finally, Nisa Investment Advisors LLC boosted its holdings in shares of National Bank by 17.9% during the fourth quarter. Nisa Investment Advisors LLC now owns 3,283 shares of the financial services provider’s stock worth $125,000 after purchasing an additional 499 shares during the last quarter. Institutional investors and hedge funds own 92.65% of the company’s stock.
National Bank Price Performance
Shares of National Bank stock opened at $42.71 on Wednesday. The business’s fifty day moving average price is $41.65 and its 200 day moving average price is $40.35. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.12. National Bank Holdings Corporation has a twelve month low of $35.06 and a twelve month high of $43.86. The stock has a market capitalization of $1.91 billion, a P/E ratio of 15.93 and a beta of 0.78.
National Bank Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be given a $0.32 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $1.28 annualized dividend and a yield of 3.0%. National Bank’s dividend payout ratio (DPR) is 47.76%.
Analyst Upgrades and Downgrades
Several equities research analysts have recently issued reports on the company. Weiss Ratings cut National Bank from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday. Wall Street Zen upgraded National Bank from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Piper Sandler raised their price objective on National Bank from $48.00 to $52.00 and gave the stock an “overweight” rating in a report on Monday, April 27th. Finally, DA Davidson restated a “buy” rating and set a $46.00 price objective on shares of National Bank in a report on Wednesday, April 22nd. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $46.20.
Get Our Latest Research Report on National Bank
National Bank Profile
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.
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