November 24, 2016 - By Darrin Black
30,000 shares of National Bank Holdings Corp were unloaded by Timothy Laney, the company’s Chief Executive Officer. The sold shares are valued at close to $823,623 which has been calculated on the basis of the average transactions stock price ($27.5 a share). Timothy Laney holds about 2.14% of National Bank Holdings Corp’s market capitalization or 555,536 shares.
Out of 2 analysts covering National Bank Holdings Corp (NYSE:NBHC), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. $25 is the highest target while $24 is the lowest. The $25 average target is -9.39% below today’s ($27.59) stock price. National Bank Holdings Corp has been the topic of 4 analyst reports since October 26, 2015 according to StockzIntelligence Inc. The company was upgraded on Friday, August 12 by Stephens. The stock has “Market Perform” rating given by Hovde Group on Wednesday, September 7.
Insitutional Activity: The institutional sentiment decreased to 0.82 in Q2 2016. Its down 0.20, from 1.02 in 2016Q1. The ratio dived, as 10 funds sold all National Bank Holdings Corp shares owned while 37 reduced positions. 14 funds bought stakes while 34 increased positions. They now own 25.26 million shares or 3.01% less from 26.05 million shares in 2016Q1.
State Board Of Administration Of Florida Retirement Systems accumulated 19,919 shares or 0% of the stock. Deutsche Bank & Trust Ag holds 0% or 59,460 shares in its portfolio. The Minnesota-based Ameriprise has invested 0.01% in National Bank Holdings Corp (NYSE:NBHC). Aristotle Cap Boston Lc holds 1.67% or 365,901 shares in its portfolio. Clover Partners L P last reported 1.52% of its portfolio in the stock. Pnc Fincl Svcs Grp Inc last reported 0% of its portfolio in the stock. Moreover, Boston has 0.02% invested in National Bank Holdings Corp (NYSE:NBHC) for 762,039 shares. Rhumbline Advisers holds 33,997 shares or 0% of its portfolio. Prudential Financial reported 11,800 shares or 0% of all its holdings. Blackrock Group owns 11,152 shares or 0% of their US portfolio. The New York-based Jpmorgan Chase And Company has invested 0.01% in National Bank Holdings Corp (NYSE:NBHC). Vanguard Grp Inc holds 2.07M shares or 0% of its portfolio. Dimensional Fund Advisors Lp has 0.02% invested in the company for 1.73M shares. Apg Asset Nv owns 212,478 shares or 0.01% of their US portfolio. Blackrock Invest Mgmt Limited has 100,031 shares for 0% of their US portfolio.
The stock increased 0.22% or $0.06 during the last trading session, hitting $27.59. About 122,836 shares traded hands. National Bank Holdings Corp (NYSE:NBHC) has risen 36.72% since April 22, 2016 and is uptrending. It has outperformed by 31.31% the S&P500.
National Bank Holdings Corporation is a bank holding company. The company has a market cap of $734.46 million. The Company’s primary activities are conducted through its subsidiary, NBH Bank (the Bank), through which it provides a range of banking products to both commercial and consumer clients. It has a 48.62 P/E ratio. The Firm services its clients through a network of approximately 100 banking centers, and through online and mobile banking products.
According to Zacks Investment Research, “National Bank Holdings Corporation is a bank holding company operating full-service banking centers, with the majority of those banking centers located in Colorado and the greater Kansas City region. The Company, through its subsidiaries, provides services through community banking franchises serving the needs of retail and business customers. National Bank Holdings Corporation is based in Greenwood Village, Colorado.”
Analysts await National Bank Holdings Corp (NYSE:NBHC) to report earnings on January, 26. They expect $0.23 EPS, up 43.75% or $0.07 from last year’s $0.16 per share. NBHC’s profit will be $6.12M for 29.99 P/E if the $0.23 EPS becomes a reality. After $0.30 actual EPS reported by National Bank Holdings Corp for the previous quarter, Wall Street now forecasts -23.33% negative EPS growth.
National Bank Holdings Corporation (NBHC), incorporated on June 16, 2009, is a bank holding company. The Company’s primary activities are conducted through its subsidiary, NBH Bank (the Bank), through which it provides a range of banking products to both commercial and consumer clients. The Firm services its clients through a network of approximately 100 banking centers, and through online and mobile banking products. The Firm operates under various brand names, such as Community Banks of Colorado in Colorado; Bank Midwest in Kansas and Missouri, and Hillcrest Bank in Texas. In addition to traditional banking activities, it provides an array of treasury management solutions to its clients, including online and mobile banking, wire transfers, automated clearing house services, electronic bill payment, lock box services, remote deposit capture services, merchant processing services, cash vault, controlled disbursements, positive pay and other auxiliary services (including account reconciliation, collections, repurchase accounts, zero balance accounts and sweep accounts).
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By Darrin Black