Vanguard Group Inc. raised its stake in National Bank Holdings Corporation (NYSE:NBHC) by 2.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,577,232 shares of the financial services provider’s stock after acquiring an additional 68,938 shares during the quarter. Vanguard Group Inc. owned about 9.62% of National Bank Holdings Corporation worth $85,332,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. First Manhattan Co. acquired a new stake in National Bank Holdings Corporation in the 2nd quarter valued at about $163,000. State of Alaska Department of Revenue increased its position in National Bank Holdings Corporation by 79.3% in 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 in the last quarter. Victory Capital Management Inc. acquired a new stake in National Bank Holdings Corporation in the 1st quarter valued at about $179,000. Municipal Employees Retirement System of Michigan increased its position in National Bank Holdings Corporation by 6.4% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 6,280 shares of the financial services provider’s stock valued at $208,000 after acquiring an additional 380 shares in the last quarter. Finally, BNP Paribas Arbitrage SA increased its position in National Bank Holdings Corporation by 70.2% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 9,232 shares of the financial services provider’s stock valued at $306,000 after acquiring an additional 3,809 shares in the last quarter. Hedge funds and other institutional investors own 94.57% of the company’s stock.

National Bank Holdings Corporation (NYSE:NBHC) opened at 33.57 on Monday. The company has a market cap of $899.37 million, a price-to-earnings ratio of 26.43 and a beta of 0.69. National Bank Holdings Corporation has a 52 week low of $23.56 and a 52 week high of $37.08. The stock has a 50 day moving average of $34.37 and a 200 day moving average of $32.91.

National Bank Holdings Corporation (NYSE:NBHC) last released its quarterly earnings data on Wednesday, October 18th. The financial services provider reported $0.26 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.30 by ($0.04). National Bank Holdings Corporation had a net margin of 17.13% and a return on equity of 6.40%. The firm had revenue of $47.45 million during the quarter, compared to analyst estimates of $48.90 million. During the same period in the prior year, the company earned $0.30 EPS. Equities research analysts predict that National Bank Holdings Corporation will post $1.19 earnings per share for the current fiscal year.

NBHC has been the subject of several research reports. Zacks Investment Research cut shares of National Bank Holdings Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday, August 30th. BidaskClub raised shares of National Bank Holdings Corporation from a “sell” rating to a “hold” rating in a research note on Saturday, September 23rd. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and issued a $35.00 target price on shares of National Bank Holdings Corporation in a research note on Friday, October 20th. Sandler O’Neill raised shares of National Bank Holdings Corporation from a “hold” rating to a “buy” rating and set a $36.00 target price on the stock in a research note on Friday, August 18th. Finally, Piper Jaffray Companies started 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 target price on the stock. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $35.00.

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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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