First NBC Bank Holding Co. (NASDAQ:FNBC) was up 3.3% on Tuesday . The stock traded as high as $16.30 and last traded at $16.25, with a volume of 132,356 shares traded. The stock had previously closed at $15.73.

Several equities research analysts have weighed in on FNBC shares. Zacks Investment Research cut First NBC Bank Holding from a “strong-buy” rating to a “hold” rating in a report on Monday, May 23rd. Hovde Group upgraded First NBC Bank Holding from a “market perform” rating to an “outperform” rating and set a $20.00 target price for the company in a report on Monday, June 13th. Finally, Keefe, Bruyette & Woods lowered their target price on First NBC Bank Holding from $35.00 to $20.00 and set a “market perform” rating for the company in a report on Tuesday, June 14th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. First NBC Bank Holding currently has a consensus rating of “Hold” and a consensus price target of $21.75.

The firm has a 50 day moving average price of $17.68 and a 200 day moving average price of $20.68. The company has a market capitalization of $301.61 million and a PE ratio of 4.60.

A number of institutional investors recently made changes to their positions in the company. Argent Capital Management LLC bought a new position in shares of First NBC Bank Holding during the fourth quarter worth approximately $1,710,000. Bank of Montreal Can boosted its stake in First NBC Bank Holding by 28.7% in the fourth quarter. Bank of Montreal Can now owns 38,854 shares of the financial services provider’s stock valued at $1,453,000 after buying an additional 8,658 shares during the period. Finally, First Trust Advisors LP boosted its stake in First NBC Bank Holding by 371.2% in the fourth quarter. First Trust Advisors LP now owns 56,284 shares of the financial services provider’s stock valued at $2,104,000 after buying an additional 44,340 shares during the period.

First NBC Bank Holding Company is a bank holding company. The Company offers a range of financial services through its wholly owned banking subsidiary, First NBC Bank. It serves its customers located in the Central Business District of New Orleans and the Mississippi Gulf Coast. The Company’s primary focus is on commercial real estate and commercial lending.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.