November 29, 2016 - By Darrin Black
Judging by the sell Brian Lilly made he is in the investor’s attention today. The Chief Financial Officer of National Bank Holdings Corp and an insider, made a sale of 17,990 shares worth $491,420 USD. The average price was $27.3 per share. Dated November 28, 2016 the trade filing is available for review here. The probability of this deal remaining disregarded is very little, with the Chief Financial Officer now owning 165,792 shares — that is 0.65% of the market cap of the company.
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 -7.06% below today’s ($26.9) stock price. National Bank Holdings Corp has been the topic of 4 analyst reports since October 26, 2015 according to StockzIntelligence Inc. The rating was initiated by Hovde Group with “Market Perform” on Wednesday, September 7. The firm earned “Overweight” rating on Friday, August 12 by Stephens.
Insitutional Activity: The institutional sentiment decreased to 0.82 in Q2 2016. Its down 0.20, from 1.02 in 2016Q1. The ratio fall, 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.
Teacher Retirement System Of Texas has invested 0% of its portfolio in National Bank Holdings Corp (NYSE:NBHC). Moreover, Tudor Et Al has 0.01% invested in National Bank Holdings Corp (NYSE:NBHC) for 27,007 shares. Menta Capital Limited Liability Corp last reported 15,836 shares in the company. Invesco holds 0% or 52,984 shares in its portfolio. Deprince Race & Zollo last reported 0.63% of its portfolio in the stock. Vanguard Group holds 0% or 2.07 million shares in its portfolio. Jacobs Levy Equity Mngmt accumulated 0.05% or 115,376 shares. Hartford has 0.07% invested in the company for 160,025 shares. Renaissance Technology Ltd Liability Com reported 1.04M shares or 0.04% of all its holdings. Northern Trust holds 0% or 342,565 shares in its portfolio. Kanaly Tru Communications last reported 112 shares in the company. Endeavour Advisors Inc has 0.27% invested in the company for 176,540 shares. Goldman Sachs Incorporated last reported 0% of its portfolio in the stock. Paradigm Cap Ny last reported 0.1% of its portfolio in the stock. Citadel Advsr Ltd Co holds 0% or 53,417 shares in its portfolio.
Insider Transactions: Since November 22, 2016, the stock had 0 insider purchases, and 2 insider sales for $958,623 net activity. On Tuesday, November 22 LANEY G. TIMOTHY sold $823,623 worth of the stock or 30,000 shares. On Tuesday, November 22 Warren Burney S. III sold $135,000 worth of the stock or 5,000 shares.
About 122,745 shares traded hands. National Bank Holdings Corp (NYSE:NBHC) has risen 37.57% since April 25, 2016 and is uptrending. It has outperformed by 31.56% the S&P500.
National Bank Holdings Corporation is a bank holding company. The company has a market cap of $693.64 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 47.23 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 earnings per share, up 43.75% or $0.07 from last year’s $0.16 per share. NBHC’s profit will be $5.93M for 29.24 P/E if the $0.23 EPS becomes a reality. After $0.30 actual earnings per share reported by National Bank Holdings Corp for the previous quarter, Wall Street now forecasts -23.33% negative EPS growth.
Another recent and important National Bank Holdings Corp (NYSE:NBHC) news was published by Equitiesfocus.com which published an article titled: “National Bank Holdings Corporation (NYSE:NBHC) 200-Day MA At $22.32” on November 25, 2016.
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