National Bank Holdings Co. (NYSE:NBHC) Shares Sold by Aristotle Capital Boston LLC

Aristotle Capital Boston LLC lowered its position in National Bank Holdings Co. (NYSE:NBHC - Free Report) by 10.0% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 998,245 shares of the financial services provider's stock after selling 110,367 shares during the period. National Bank accounts for approximately 1.6% of Aristotle Capital Boston LLC's portfolio, making the stock its 16th biggest holding. Aristotle Capital Boston LLC owned approximately 2.63% of National Bank worth $42,984,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Barclays PLC boosted its stake in National Bank by 91.9% during the third quarter. Barclays PLC now owns 103,076 shares of the financial services provider's stock worth $4,340,000 after buying an additional 49,359 shares during the last quarter. Principal Financial Group Inc. boosted its position in shares of National Bank by 36.1% during the 3rd quarter. Principal Financial Group Inc. now owns 786,096 shares of the financial services provider's stock valued at $33,095,000 after acquiring an additional 208,303 shares during the last quarter. Assenagon Asset Management S.A. acquired a new position in shares of National Bank during the 4th quarter valued at about $1,790,000. KBC Group NV grew its holdings in shares of National Bank by 82.5% in the fourth quarter. KBC Group NV now owns 2,389 shares of the financial services provider's stock valued at $103,000 after purchasing an additional 1,080 shares during the period. Finally, Rosenthal Henry Capital Advisors Inc. acquired a new stake in National Bank during the fourth quarter worth about $981,000. Institutional investors and hedge funds own 92.65% of the company's stock.

National Bank Trading Up 3.1 %

NBHC traded up $1.11 during mid-day trading on Thursday, hitting $37.28. 54,147 shares of the stock were exchanged, compared to its average volume of 233,389. The firm's fifty day moving average is $37.18 and its two-hundred day moving average is $42.12. National Bank Holdings Co. has a 1-year low of $32.83 and a 1-year high of $51.76. The company has a market cap of $1.42 billion, a PE ratio of 12.06 and a beta of 0.77. The company has a current ratio of 0.95, a quick ratio of 0.94 and a debt-to-equity ratio of 0.08.

National Bank (NYSE:NBHC - Get Free Report) last announced its quarterly earnings data on Tuesday, April 22nd. The financial services provider reported $0.63 earnings per share for the quarter, missing analysts' consensus estimates of $0.76 by ($0.13). The business had revenue of $102.07 million during the quarter, compared to analyst estimates of $107.47 million. National Bank had a net margin of 19.82% and a return on equity of 9.76%. During the same quarter last year, the firm posted $0.82 EPS. Equities analysts forecast that National Bank Holdings Co. will post 3.31 earnings per share for the current fiscal year.

National Bank Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be issued a $0.30 dividend. This is a boost from National Bank's previous quarterly dividend of $0.29. The ex-dividend date of this dividend is Friday, May 30th. This represents a $1.20 annualized dividend and a yield of 3.22%. National Bank's dividend payout ratio (DPR) is 41.38%.

Analyst Ratings Changes

Several analysts have recently commented on NBHC shares. StockNews.com lowered shares of National Bank from a "hold" rating to a "sell" rating in a research report on Friday, May 2nd. DA Davidson reduced their target price on National Bank from $46.00 to $42.00 and set a "buy" rating on the stock in a research report on Wednesday, April 23rd. Finally, Hovde Group decreased their price target on National Bank from $43.00 to $39.00 and set a "market perform" rating on the stock in a research note on Thursday, April 24th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $46.00.

National Bank Profile

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