Schafer Cullen Capital Management Inc. cut its stake in shares of National Bank Holdings Corporation (NYSE:NBHC) by 21.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,170 shares of the financial services provider’s stock after selling 1,650 shares during the quarter. Schafer Cullen Capital Management Inc.’s holdings in National Bank Holdings Corporation were worth $204,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the company. BlackRock Inc. grew its holdings in shares of National Bank Holdings Corporation by 41,096.1% during the first quarter. BlackRock Inc. now owns 3,487,249 shares of the financial services provider’s stock valued at $113,336,000 after purchasing an additional 3,478,784 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of National Bank Holdings Corporation by 2.7% during the second quarter. Vanguard Group Inc. now owns 2,577,232 shares of the financial services provider’s stock valued at $85,332,000 after purchasing an additional 68,938 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of National Bank Holdings Corporation by 0.7% during the second quarter. Dimensional Fund Advisors LP now owns 2,250,544 shares of the financial services provider’s stock valued at $74,516,000 after purchasing an additional 15,887 shares during the last quarter. Renaissance Technologies LLC grew its holdings in shares of National Bank Holdings Corporation by 0.9% during the second quarter. Renaissance Technologies LLC now owns 1,154,900 shares of the financial services provider’s stock valued at $38,239,000 after purchasing an additional 10,600 shares during the last quarter. Finally, State Street Corp grew its holdings in shares of National Bank Holdings Corporation by 11.9% during the first quarter. State Street Corp now owns 911,713 shares of the financial services provider’s stock valued at $29,640,000 after purchasing an additional 96,979 shares during the last quarter. 94.60% of the stock is owned by institutional investors.

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National Bank Holdings Corporation (NYSE NBHC) traded down 1.18% during trading on Friday, hitting $36.04. The stock had a trading volume of 74,467 shares. National Bank Holdings Corporation has a 52 week low of $22.78 and a 52 week high of $37.08. The company has a market cap of $965.55 million, a PE ratio of 28.38 and a beta of 0.69. The stock has a 50-day moving average price of $33.86 and a 200-day moving average price of $32.76.

National Bank Holdings Corporation (NYSE:NBHC) last posted its quarterly earnings data on Thursday, July 20th. The financial services provider reported $0.33 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate 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 earnings per share. Equities analysts predict that National Bank Holdings Corporation will post $1.23 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Friday, August 25th were issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 1.00%. The ex-dividend date of this dividend was Wednesday, August 23rd. National Bank Holdings Corporation’s payout ratio is 27.91%.

Several equities analysts have recently commented on the company. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $35.00 target price on shares of National Bank Holdings Corporation in a report on Wednesday, October 4th. BidaskClub raised National Bank Holdings Corporation from a “hold” rating to a “buy” rating in a report on Friday, September 29th. Zacks Investment Research lowered National Bank Holdings Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, August 30th. Sandler O’Neill raised National Bank Holdings Corporation from a “hold” rating to a “buy” rating and set a $36.00 target price for the company in a report on Friday, August 18th. Finally, DA Davidson reaffirmed a “neutral” rating on shares of National Bank Holdings Corporation in a report on Friday, July 21st. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $35.00.

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.

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

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