BidaskClub upgraded shares of National Bank Holdings Corporation (NYSE:NBHC) from a sell rating to a hold rating in a research report released on Saturday.

A number of other equities research analysts also recently weighed in on NBHC. Keefe, Bruyette & Woods restated a buy rating and issued a $35.00 target price on shares of National Bank Holdings Corporation in a research report on Monday, June 26th. Zacks Investment Research downgraded National Bank Holdings Corporation from a buy rating to a hold rating in a research report on Tuesday, June 27th. Stephens set a $34.00 target price on National Bank Holdings Corporation and gave the stock a hold rating in a research report on Monday, June 26th. Piper Jaffray Companies started coverage on National Bank Holdings Corporation in a research report on Tuesday, July 11th. They issued a neutral rating and a $35.00 target price for the company. Finally, DA Davidson restated a neutral rating on shares of National Bank Holdings Corporation in a research report on Friday, July 21st. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company has an average rating of Hold and a consensus target price of $35.40.

National Bank Holdings Corporation (NYSE NBHC) traded up 0.98% during trading on Friday, reaching $33.86. The company had a trading volume of 92,963 shares. The firm has a market capitalization of $907.14 million, a P/E ratio of 26.66 and a beta of 0.67. National Bank Holdings Corporation has a 52-week low of $22.69 and a 52-week high of $36.04. The company has a 50-day moving average of $32.47 and a 200-day moving average of $32.34.

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

WARNING: “National Bank Holdings Corporation (NBHC) Upgraded to “Hold” at BidaskClub” was originally published by Daily Political and is the sole property of of Daily Political. If you are accessing this piece on another website, it was copied illegally and republished in violation of international trademark and copyright legislation. The original version of this piece can be viewed at https://www.dailypolitical.com/2017/09/24/national-bank-holdings-corporation-nbhc-upgraded-to-hold-at-bidaskclub.html.

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

Large investors have recently made changes to their positions in the company. LS Investment Advisors LLC lifted its position in shares of National Bank Holdings Corporation by 237.2% during the 1st quarter. LS Investment Advisors LLC now owns 3,305 shares of the financial services provider’s stock valued at $107,000 after acquiring an additional 2,325 shares during the last quarter. Bank of Montreal Can lifted its position in shares of National Bank Holdings Corporation by 29.6% during the 1st quarter. Bank of Montreal Can now owns 3,706 shares of the financial services provider’s stock valued at $120,000 after acquiring an additional 846 shares during the last quarter. First Manhattan Co. acquired a new stake in shares of National Bank Holdings Corporation during the 2nd quarter valued at $163,000. State of Alaska Department of Revenue lifted its position in shares of National Bank Holdings Corporation by 79.3% during the 2nd quarter. State of Alaska Department of Revenue now owns 5,270 shares of the financial services provider’s stock valued at $174,000 after acquiring an additional 2,330 shares during the last quarter. Finally, Victory Capital Management Inc. acquired a new stake in shares of National Bank Holdings Corporation during the 1st quarter valued at $179,000. Institutional investors own 94.60% of the company’s stock.

National Bank Holdings Corporation Company Profile

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)

Receive News & Ratings for National Bank Holdings Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Bank Holdings Corporation and related companies with MarketBeat.com's FREE daily email newsletter.