8,342 Shares in National Bank Holdings Co. (NYSE:NBHC) Acquired by Centiva Capital LP

Centiva Capital LP acquired a new stake in shares of National Bank Holdings Co. (NYSE:NBHC - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 8,342 shares of the financial services provider's stock, valued at approximately $359,000.

A number of other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of National Bank by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 4,230,384 shares of the financial services provider's stock worth $182,160,000 after purchasing an additional 35,910 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in National Bank by 1.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,089,730 shares of the financial services provider's stock worth $89,984,000 after buying an additional 32,983 shares during the period. Principal Financial Group Inc. grew its position in shares of National Bank by 36.1% in the 3rd quarter. Principal Financial Group Inc. now owns 786,096 shares of the financial services provider's stock worth $33,095,000 after buying an additional 208,303 shares during the last quarter. Northern Trust Corp increased its stake in shares of National Bank by 7.3% during the fourth quarter. Northern Trust Corp now owns 440,106 shares of the financial services provider's stock valued at $18,951,000 after buying an additional 29,823 shares during the period. Finally, Boston Partners raised its holdings in shares of National Bank by 90.3% during the fourth quarter. Boston Partners now owns 403,255 shares of the financial services provider's stock valued at $17,366,000 after acquiring an additional 191,336 shares in the last quarter. Institutional investors own 92.65% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on NBHC shares. 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 report on Thursday, April 24th. StockNews.com cut shares of National Bank from a "hold" rating to a "sell" rating in a research report on Friday, May 2nd. Finally, DA Davidson dropped 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. One analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, National Bank currently has an average rating of "Hold" and a consensus price target of $46.00.

National Bank Stock Up 1.2%

NBHC stock traded up $0.45 on Thursday, reaching $38.19. 174,024 shares of the company traded hands, compared to its average volume of 234,923. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.95 and a quick ratio of 0.94. The firm has a fifty day simple moving average of $36.94 and a 200-day simple moving average of $41.94. National Bank Holdings Co. has a one year low of $32.83 and a one year high of $51.76. The company has a market cap of $1.45 billion, a P/E ratio of 12.36 and a beta of 0.77.

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). National Bank had a return on equity of 9.76% and a net margin of 19.82%. The firm had revenue of $102.07 million during the quarter, compared to analysts' expectations of $107.47 million. During the same quarter in the previous year, the firm earned $0.82 earnings per share. Research analysts anticipate that National Bank Holdings Co. will post 3.31 earnings per share for the current year.

National Bank Increases Dividend

The business 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 dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.14%. The ex-dividend date of this dividend is Friday, May 30th. This is an increase from National Bank's previous quarterly dividend of $0.29. National Bank's dividend payout ratio (DPR) is presently 41.38%.

About National Bank

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.