National Bank Holdings Corp (NYSE:NBHC) Director Robert E. Dean sold 3,771 shares of the stock in a transaction dated Friday, September 7th. The shares were sold at an average price of $39.50, for a total transaction of $148,954.50. Following the completion of the sale, the director now directly owns 21,814 shares in the company, valued at $861,653. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

National Bank stock opened at $39.87 on Thursday. National Bank Holdings Corp has a 12-month low of $30.33 and a 12-month high of $41.44. The stock has a market cap of $1.24 billion, a price-to-earnings ratio of 24.36, a PEG ratio of 1.89 and a beta of 0.78. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 0.86.

National Bank (NYSE:NBHC) last announced its quarterly earnings data on Tuesday, July 24th. The financial services provider reported $0.57 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.48 by $0.09. The business had revenue of $68.95 million for the quarter, compared to analyst estimates of $67.12 million. National Bank had a net margin of 9.31% and a return on equity of 8.27%. During the same period in the prior year, the firm posted $0.33 EPS. equities research analysts expect that National Bank Holdings Corp will post 2.14 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 14th. Stockholders of record on Friday, August 31st will be issued a dividend of $0.14 per share. The ex-dividend date of this dividend is Thursday, August 30th. This represents a $0.56 annualized dividend and a dividend yield of 1.40%. National Bank’s payout ratio is currently 44.44%.

Several hedge funds have recently made changes to their positions in NBHC. UBS Group AG lifted its holdings in shares of National Bank by 60.8% during the 1st quarter. UBS Group AG now owns 5,863 shares of the financial services provider’s stock worth $195,000 after acquiring an additional 2,216 shares during the period. Teacher Retirement System of Texas purchased a new position in National Bank in the second quarter valued at approximately $202,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in National Bank in the second quarter valued at approximately $222,000. Piedmont Investment Advisors LLC purchased a new position in National Bank in the second quarter valued at approximately $245,000. Finally, WINTON GROUP Ltd purchased a new position in National Bank in the first quarter valued at approximately $306,000. Institutional investors and hedge funds own 93.62% of the company’s stock.

NBHC has been the topic of several analyst reports. Piper Jaffray Companies raised their price target on shares of National Bank from $36.00 to $40.00 and gave the stock a “neutral” rating in a research note on Friday, July 27th. Zacks Investment Research raised shares of National Bank from a “hold” rating to a “buy” rating and set a $45.00 price target on the stock in a research note on Saturday, July 28th. Hovde Group set a $40.00 price target on shares of National Bank and gave the stock a “hold” rating in a research note on Monday, July 30th. Finally, ValuEngine cut shares of National Bank from a “buy” rating to a “hold” rating in a research note on Monday, July 2nd. One analyst has rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $39.33.

National Bank Company Profile

National Bank Holdings Corporation operates as the bank holding company for NBH Bank, N.A. that provides various banking products and financial services to commercial, business, and consumer clients in the United States. The company offers deposit products, including checking accounts, savings accounts, money market accounts, and other deposit accounts, including fixed-rate and fixed maturity time deposits.

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Insider Buying and Selling by Quarter for National Bank (NYSE:NBHC)

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