National Bank Holdings Co. (NYSE:NBHC) Shares Acquired by Sei Investments Co.

Sei Investments Co. raised its holdings in shares of National Bank Holdings Co. (NYSE:NBHC) by 4.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 263,763 shares of the financial services provider’s stock after buying an additional 10,427 shares during the period. Sei Investments Co.’s holdings in National Bank were worth $11,358,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. KBC Group NV grew its holdings in shares of National Bank by 82.5% in the 4th quarter. KBC Group NV now owns 2,389 shares of the financial services provider’s stock worth $103,000 after acquiring an additional 1,080 shares during the last quarter. Handelsbanken Fonder AB purchased a new stake in shares of National Bank during the fourth quarter valued at $224,000. FMR LLC boosted its position in shares of National Bank by 359.7% in the 3rd quarter. FMR LLC now owns 7,627 shares of the financial services provider’s stock valued at $321,000 after purchasing an additional 5,968 shares during the period. Connor Clark & Lunn Investment Management Ltd. purchased a new position in National Bank in the 4th quarter worth about $500,000. Finally, BNP Paribas Financial Markets raised its holdings in National Bank by 130.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 17,146 shares of the financial services provider’s stock worth $722,000 after buying an additional 9,705 shares during the period. Institutional investors own 92.65% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on NBHC shares. StockNews.com raised shares of National Bank from a “sell” rating to a “hold” rating in a research report on Wednesday, March 19th. Keefe, Bruyette & Woods boosted their target price on shares of National Bank from $47.00 to $52.00 and gave the company a “market perform” rating in a research note on Wednesday, December 4th. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, National Bank presently has a consensus rating of “Hold” and an average price target of $51.40.

National Bank Trading Down 1.4 %

Shares of NYSE:NBHC opened at $38.76 on Friday. National Bank Holdings Co. has a 12-month low of $32.13 and a 12-month high of $51.76. The company has a quick ratio of 0.94, a current ratio of 0.95 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $1.47 billion, a P/E ratio of 12.54 and a beta of 0.86. The firm has a fifty day moving average of $41.49 and a two-hundred day moving average of $43.39.

National Bank (NYSE:NBHC) last issued its quarterly earnings data on Wednesday, January 22nd. The financial services provider reported $0.86 earnings per share for the quarter, beating 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%. On average, equities analysts expect that National Bank Holdings Co. will post 3.31 EPS for the current fiscal year.

National Bank Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were given a dividend of $0.29 per share. The ex-dividend date was Friday, February 28th. This represents a $1.16 annualized dividend and a dividend yield of 2.99%. National Bank’s dividend payout ratio is presently 37.54%.

About National Bank

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.