Jefferies Financial Group Inc. Takes Position in National Bank Holdings Corporation $NBHC

Jefferies Financial Group Inc. acquired a new stake in shares of National Bank Holdings Corporation (NYSE:NBHC) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 25,000 shares of the financial services provider’s stock, valued at approximately $950,000. Jefferies Financial Group Inc. owned about 0.07% of National Bank at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Aster Capital Management DIFC Ltd increased its stake in shares of 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 acquiring an additional 690 shares during the last quarter. Global Retirement Partners LLC acquired a new position in shares of National Bank during the 4th quarter valued at about $66,000. Quarry LP increased its stake in shares of National Bank by 50.8% during the 3rd quarter. Quarry LP now owns 1,819 shares of the financial services provider’s stock valued at $70,000 after acquiring an additional 613 shares during the last quarter. Nisa Investment Advisors LLC increased its stake in shares of National Bank by 17.9% during the 4th quarter. Nisa Investment Advisors LLC now owns 3,283 shares of the financial services provider’s stock valued at $125,000 after acquiring an additional 499 shares during the last quarter. Finally, Tower Research Capital LLC TRC increased its stake in shares of National Bank by 131.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,395 shares of the financial services provider’s stock valued at $128,000 after acquiring an additional 1,927 shares during the last quarter. Institutional investors and hedge funds own 92.65% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on NBHC shares. DA Davidson reiterated a “buy” rating and set a $46.00 target price on shares of National Bank in a report on Wednesday, April 22nd. Piper Sandler boosted their target price on National Bank from $48.00 to $52.00 and gave the stock an “overweight” rating in a report on Monday, April 27th. Weiss Ratings upgraded National Bank from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, May 21st. Finally, Wall Street Zen upgraded National Bank from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Five research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $46.20.

National Bank Stock Down 0.2%

Shares of NYSE:NBHC opened at $41.88 on Friday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.95 and a current ratio of 0.95. National Bank Holdings Corporation has a 1 year low of $35.06 and a 1 year high of $43.86. The stock has a market capitalization of $1.88 billion, a P/E ratio of 15.63 and a beta of 0.80. The stock has a 50-day simple moving average of $41.14 and a 200-day simple moving average of $40.06.

National Bank (NYSE:NBHC) last issued its earnings results on Tuesday, April 21st. The financial services provider reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.65 by $0.07. The business had revenue of $126.78 million during the quarter, compared to analysts’ expectations of $129.30 million. National Bank had a return on equity of 8.72% and a net margin of 17.14%.The company’s revenue for the quarter was up 37.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.63 EPS. Equities analysts forecast that National Bank Holdings Corporation will post 3.51 earnings per share for the current year.

National Bank Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date is Friday, May 29th. National Bank’s dividend payout ratio is currently 47.76%.

National Bank Company 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.