National Bank Holdings Corporation (NYSE:NBHC) was upgraded by BidaskClub from a “strong sell” rating to a “sell” rating in a research note issued on Wednesday.

Several other research firms have also issued reports on NBHC. Piper Jaffray Companies began coverage on shares of National Bank Holdings Corporation in a research note on Tuesday, July 11th. They issued a “neutral” rating and a $35.00 price objective for the company. DA Davidson reissued a “neutral” rating on shares of National Bank Holdings Corporation in a research report on Friday, July 21st. Zacks Investment Research raised shares of National Bank Holdings Corporation from a “hold” rating to a “strong-buy” rating and set a $37.00 target price for the company in a research report on Thursday, June 29th. Keefe, Bruyette & Woods reissued a “buy” rating and set a $35.00 target price on shares of National Bank Holdings Corporation in a research report on Monday, June 26th. Finally, Stephens set a $34.00 target price on shares of National Bank Holdings Corporation and gave the stock a “hold” rating in a research report on Monday, June 26th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $35.40.

Shares of National Bank Holdings Corporation (NYSE NBHC) opened at 32.18 on Wednesday. The company has a 50-day moving average price of $32.61 and a 200 day moving average price of $32.37. The firm has a market capitalization of $862.13 million, a P/E ratio of 25.34 and a beta of 0.67. National Bank Holdings Corporation has a one year low of $22.69 and a one year high of $36.04.

National Bank Holdings Corporation (NYSE:NBHC) last released its quarterly earnings data on Thursday, July 20th. The financial services provider reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.05. National Bank Holdings Corporation had a net margin of 17.64% and a return on equity of 6.60%. The business had revenue of $48.85 million during the quarter, compared to analyst estimates of $48.30 million. During the same quarter in the previous year, the business earned $0.15 EPS. Analysts expect that National Bank Holdings Corporation will post $1.24 earnings per share for the current fiscal year.

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A number of large investors have recently modified their holdings of the business. LS Investment Advisors LLC increased its position in shares of National Bank Holdings Corporation by 237.2% during the first quarter. LS Investment Advisors LLC now owns 3,305 shares of the financial services provider’s stock worth $107,000 after acquiring an additional 2,325 shares in the last quarter. Bank of Montreal Can increased its position in shares of National Bank Holdings Corporation by 29.6% during the first quarter. Bank of Montreal Can now owns 3,706 shares of the financial services provider’s stock worth $120,000 after acquiring an additional 846 shares in the last quarter. First Manhattan Co. bought a new stake in shares of National Bank Holdings Corporation during the second quarter worth $163,000. State of Alaska Department of Revenue increased its position in shares of National Bank Holdings Corporation by 79.3% during the second quarter. State of Alaska Department of Revenue now owns 5,270 shares of the financial services provider’s stock worth $174,000 after acquiring an additional 2,330 shares in the last quarter. Finally, Victory Capital Management Inc. bought a new stake in shares of National Bank Holdings Corporation during the first quarter worth $179,000. 94.60% of the stock is owned by hedge funds and other institutional investors.

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.

Analyst Recommendations for National Bank Holdings Corporation (NYSE:NBHC)

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