FDx Advisors Inc. Buys Shares of 10,136 National Bank Holdings Corporation (NBHC)

FDx Advisors Inc. bought a new stake in shares of National Bank Holdings Corporation (NYSE:NBHC) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 10,136 shares of the financial services provider’s stock, valued at approximately $362,000.

Other large investors also recently added to or reduced their stakes in the company. BlackRock Inc. increased its holdings in National Bank Holdings Corporation by 41,096.1% in the 1st quarter. BlackRock Inc. now owns 3,487,249 shares of the financial services provider’s stock valued at $113,336,000 after buying an additional 3,478,784 shares during the period. Ameriprise Financial Inc. increased its holdings in National Bank Holdings Corporation by 6.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 465,817 shares of the financial services provider’s stock valued at $15,424,000 after buying an additional 30,210 shares during the period. Vanguard Group Inc. increased its holdings in National Bank Holdings Corporation by 2.7% in the 2nd quarter. Vanguard Group Inc. now owns 2,577,232 shares of the financial services provider’s stock valued at $85,332,000 after buying an additional 68,938 shares during the period. State Street Corp increased its holdings in National Bank Holdings Corporation by 11.9% in the 1st quarter. State Street Corp now owns 911,713 shares of the financial services provider’s stock valued at $29,640,000 after buying an additional 96,979 shares during the period. Finally, Marshall Wace North America L.P. bought a new stake in National Bank Holdings Corporation in the 2nd quarter valued at $1,190,000. Hedge funds and other institutional investors own 94.05% of the company’s stock.

Shares of National Bank Holdings Corporation (NYSE NBHC) opened at $32.32 on Tuesday. The company has a quick ratio of 0.82, a current ratio of 0.83 and a debt-to-equity ratio of 0.23. National Bank Holdings Corporation has a fifty-two week low of $26.52 and a fifty-two week high of $37.08. The firm has a market cap of $863.97, a PE ratio of 25.74, a PEG ratio of 2.67 and a beta of 0.65.

National Bank Holdings Corporation (NYSE:NBHC) last posted its earnings results on Wednesday, October 18th. The financial services provider reported $0.26 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.30 by ($0.04). National Bank Holdings Corporation had a return on equity of 6.40% and a net margin of 17.13%. The firm had revenue of $47.45 million during the quarter, compared to the consensus estimate of $48.90 million. During the same period in the previous year, the company posted $0.30 EPS. research analysts expect that National Bank Holdings Corporation will post 1.21 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, November 24th will be issued a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 1.11%. The ex-dividend date of this dividend is Wednesday, November 22nd. National Bank Holdings Corporation’s payout ratio is 28.80%.

Several brokerages have issued reports on NBHC. BidaskClub lowered shares of National Bank Holdings Corporation from a “hold” rating to a “sell” rating in a report on Thursday, November 9th. Zacks Investment Research lowered shares of National Bank Holdings Corporation from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 24th. Keefe, Bruyette & Woods lowered shares of National Bank Holdings Corporation from an “outperform” rating to a “mkt perform” rating in a report on Saturday, October 21st. Finally, Sandler O’Neill raised shares of National Bank Holdings Corporation from a “hold” rating to a “buy” rating and set a $36.00 price target on the stock in a report on Friday, August 18th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $35.00.

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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.

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

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