Schwab Charles Investment Management Inc. raised its stake in shares of National Bank Holdings Corporation (NYSE:NBHC) by 8.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 155,725 shares of the financial services provider’s stock after buying an additional 12,160 shares during the period. Schwab Charles Investment Management Inc.’s holdings in National Bank Holdings Corporation were worth $5,062,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of NBHC. BlackRock Inc. increased its position in shares of National Bank Holdings Corporation by 41,096.1% in the first quarter. BlackRock Inc. now owns 3,487,249 shares of the financial services provider’s stock valued at $113,336,000 after buying an additional 3,478,784 shares during the period. Dimensional Fund Advisors LP increased its position in shares of National Bank Holdings Corporation by 6.5% in the first quarter. Dimensional Fund Advisors LP now owns 2,234,657 shares of the financial services provider’s stock valued at $72,627,000 after buying an additional 135,701 shares during the period. Vanguard Group Inc. increased its position in shares of National Bank Holdings Corporation by 5.0% in the first quarter. Vanguard Group Inc. now owns 2,508,294 shares of the financial services provider’s stock valued at $81,519,000 after buying an additional 118,787 shares during the period. Menta Capital LLC increased its position in shares of National Bank Holdings Corporation by 21.0% in the first quarter. Menta Capital LLC now owns 29,204 shares of the financial services provider’s stock valued at $949,000 after buying an additional 5,077 shares during the period. Finally, Legal & General Group Plc increased its position in shares of National Bank Holdings Corporation by 2.5% in the first quarter. Legal & General Group Plc now owns 43,526 shares of the financial services provider’s stock valued at $1,415,000 after buying an additional 1,064 shares during the period. Institutional investors own 96.09% of the company’s stock.

National Bank Holdings Corporation (NYSE NBHC) traded down 0.21% during mid-day trading on Wednesday, hitting $33.81. The stock had a trading volume of 13,638 shares. The firm’s 50-day moving average is $33.38 and its 200 day moving average is $32.36. National Bank Holdings Corporation has a one year low of $20.67 and a one year high of $36.04. The stock has a market cap of $905.70 million, a PE ratio of 26.62 and a beta of 0.66.

National Bank Holdings Corporation (NYSE:NBHC) last issued its earnings results on Thursday, July 20th. The financial services provider reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.05. The company had revenue of $48.85 million during the quarter, compared to analyst estimates of $48.30 million. National Bank Holdings Corporation had a net margin of 17.64% and a return on equity of 6.60%. During the same quarter last year, the business posted $0.15 EPS. Equities research analysts expect that National Bank Holdings Corporation will post $1.25 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, August 25th will be paid a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.06%. The ex-dividend date is Wednesday, August 23rd. National Bank Holdings Corporation’s dividend payout ratio (DPR) is currently 27.91%.

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Several research analysts have weighed in on the company. DA Davidson reiterated a “neutral” rating on shares of National Bank Holdings Corporation in a report on Friday, July 21st. BidaskClub downgraded National Bank Holdings Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, July 19th. Piper Jaffray Companies assumed coverage on National Bank Holdings Corporation in a report on Tuesday, July 11th. They issued a “neutral” rating and a $35.00 price target for the company. Zacks Investment Research upgraded National Bank Holdings Corporation from a “hold” rating to a “strong-buy” rating and set a $37.00 price target for the company in a report on Thursday, June 29th. Finally, Stephens set a $34.00 price objective on National Bank Holdings Corporation and gave the stock a “hold” rating in a report on Monday, June 26th. One analyst has rated the stock with a sell rating, four have issued a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $33.20.

About National Bank Holdings Corporation

National Bank Holdings Corporation (NBH) is a bank holding company. Through Bank Midwest, N.A. (Bank Midwest), NBH’s primary business is to offer a range of products and financial services to both its commercial and consumer customers, located in Kansas, Missouri and Colorado. The Company offers an array of lending products to cater to the customers’ needs, including, but not limited to, small business loans, equipment loans, term loans, asset-backed loans, letters of credit, commercial lines of credit, residential mortgage loans, home equity and consumer loans.

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Institutional Ownership by Quarter for National Bank Holdings Corporation (NYSE:NBHC)

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