Barclays PLC Has $3.96 Million Stock Holdings in National Bank Holdings Co. (NYSE:NBHC)

Barclays PLC decreased its holdings in shares of National Bank Holdings Co. (NYSE:NBHC - Free Report) by 10.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 91,979 shares of the financial services provider's stock after selling 11,097 shares during the quarter. Barclays PLC owned about 0.24% of National Bank worth $3,961,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of NBHC. Sterling Capital Management LLC raised its position in shares of National Bank by 815.5% during the 4th quarter. Sterling Capital Management LLC now owns 1,181 shares of the financial services provider's stock valued at $51,000 after acquiring an additional 1,052 shares during the last quarter. KBC Group NV increased its holdings in 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 last quarter. Handelsbanken Fonder AB bought a new stake in National Bank in the fourth quarter valued at about $224,000. Meeder Asset Management Inc. boosted its holdings in National Bank by 390.5% during the fourth quarter. Meeder Asset Management Inc. now owns 6,509 shares of the financial services provider's stock worth $280,000 after buying an additional 5,182 shares during the last quarter. Finally, Bank of Montreal Can boosted its holdings in National Bank by 6.8% during the fourth quarter. Bank of Montreal Can now owns 7,098 shares of the financial services provider's stock worth $306,000 after buying an additional 455 shares during the last quarter. 92.65% of the stock is owned by institutional investors.

National Bank Stock Up 1.3 %

NYSE NBHC traded up $0.46 during trading hours on Friday, reaching $36.67. 31,550 shares of the company's stock were exchanged, compared to its average volume of 231,507. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.94 and a current ratio of 0.95. National Bank Holdings Co. has a one year low of $32.83 and a one year high of $51.76. The company's 50-day moving average is $37.61 and its two-hundred day moving average is $42.32. The company has a market capitalization of $1.40 billion, a price-to-earnings ratio of 11.87 and a beta of 0.77.

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

National Bank Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.27%. This is a positive change from National Bank's previous quarterly dividend of $0.29. The ex-dividend date is Friday, May 30th. National Bank's payout ratio is 40.00%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Hovde Group cut their price target on shares of National Bank from $43.00 to $39.00 and set a "market perform" rating on the stock in a research report on Thursday, April 24th. DA Davidson cut their target price on shares of National Bank from $46.00 to $42.00 and set a "buy" rating on the stock in a report on Wednesday, April 23rd. Finally, StockNews.com lowered shares of National Bank from a "hold" rating to a "sell" rating in a report on Friday. One research 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 MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price 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.