National Bank Holdings Co. (NYSE:NBHC) Shares Sold by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC trimmed its position in shares of National Bank Holdings Co. (NYSE:NBHC) by 2.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 909,530 shares of the financial services provider’s stock after selling 26,881 shares during the period. Segall Bryant & Hamill LLC owned 2.39% of National Bank worth $39,164,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. increased its position in National Bank by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 4,230,384 shares of the financial services provider’s stock valued at $182,160,000 after acquiring an additional 35,910 shares during the period. KLP Kapitalforvaltning AS bought a new position in shares of National Bank in the fourth quarter worth $362,000. Sei Investments Co. increased its holdings in shares of National Bank by 4.1% during the fourth quarter. Sei Investments Co. now owns 263,763 shares of the financial services provider’s stock valued at $11,358,000 after purchasing an additional 10,427 shares during the period. Teacher Retirement System of Texas raised its stake in shares of National Bank by 8.0% during the fourth quarter. Teacher Retirement System of Texas now owns 16,881 shares of the financial services provider’s stock valued at $727,000 after purchasing an additional 1,256 shares in the last quarter. Finally, Boston Partners lifted its holdings in National Bank by 90.3% in the fourth quarter. Boston Partners now owns 403,255 shares of the financial services provider’s stock worth $17,366,000 after purchasing an additional 191,336 shares during the period. Institutional investors own 92.65% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on NBHC. StockNews.com raised shares of National Bank from a “sell” rating to a “hold” rating in a research note on Wednesday, March 19th. Keefe, Bruyette & Woods raised their price objective 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 analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $51.40.

National Bank Stock Performance

NYSE:NBHC opened at $39.57 on Tuesday. The company has a 50-day moving average of $41.85 and a 200-day moving average of $43.46. The firm has a market cap of $1.51 billion, a price-to-earnings ratio of 12.80 and a beta of 0.86. The company has a current ratio of 0.95, a quick ratio of 0.94 and a debt-to-equity ratio of 0.08. National Bank Holdings Co. has a twelve month low of $32.13 and a twelve month high of $51.76.

National Bank (NYSE:NBHC) last issued its earnings results on Wednesday, January 22nd. The financial services provider reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.07. National Bank had a net margin of 19.82% and a return on equity of 9.76%. Analysts forecast that National Bank Holdings Co. will post 3.31 earnings per share for the current fiscal year.

National Bank Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were given a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.93%. The ex-dividend date of this dividend was Friday, February 28th. National Bank’s dividend payout ratio (DPR) 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.