Leeward Investments LLC MA Acquires 55,601 Shares of National Bank Holdings Co. (NYSE:NBHC)

Leeward Investments LLC MA boosted its stake in shares of National Bank Holdings Co. (NYSE:NBHC) by 32.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 225,334 shares of the financial services provider’s stock after buying an additional 55,601 shares during the period. Leeward Investments LLC MA owned approximately 0.60% of National Bank worth $8,380,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Jackson Hole Capital Partners LLC purchased a new position in National Bank during the fourth quarter valued at approximately $17,537,000. Zurcher Kantonalbank Zurich Cantonalbank raised its position in National Bank by 15.6% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,924 shares of the financial services provider’s stock valued at $295,000 after purchasing an additional 1,067 shares during the period. Everence Capital Management Inc. purchased a new stake in shares of National Bank in the 4th quarter valued at $244,000. Louisiana State Employees Retirement System purchased a new stake in National Bank during the 4th quarter worth about $703,000. Finally, Mutual of America Capital Management LLC acquired a new position in shares of National Bank during the 4th quarter worth about $246,000. Hedge funds and other institutional investors own 92.65% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on NBHC. TheStreet downgraded National Bank from a “b” rating to a “c+” rating in a research note on Monday, March 18th. Piper Sandler boosted their price target on National Bank from $40.00 to $41.00 and gave the stock an “overweight” rating in a report on Thursday, January 25th. Keefe, Bruyette & Woods reissued a “market perform” rating and issued a $39.00 price target (down from $40.00) on shares of National Bank in a report on Friday. Finally, StockNews.com raised National Bank from a “sell” rating to a “hold” rating in a report on Saturday, April 20th. Three equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $38.00.

National Bank Trading Down 0.4 %

National Bank stock traded down $0.15 during trading on Friday, hitting $33.50. The company’s stock had a trading volume of 148,331 shares, compared to its average volume of 166,293. The stock has a market capitalization of $1.27 billion, a price-to-earnings ratio of 9.63 and a beta of 0.84. The stock’s fifty day moving average is $34.14 and its 200 day moving average is $34.09. National Bank Holdings Co. has a 1-year low of $26.48 and a 1-year high of $38.71. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.95 and a current ratio of 0.95.

National Bank (NYSE:NBHC) last released its earnings results on Thursday, April 25th. The financial services provider reported $0.82 EPS for the quarter, beating the consensus estimate of $0.79 by $0.03. The firm had revenue of $149.43 million during the quarter, compared to analyst estimates of $101.98 million. National Bank had a return on equity of 11.34% and a net margin of 22.94%. During the same period in the prior year, the firm posted $1.06 earnings per share. As a group, equities research analysts predict that National Bank Holdings Co. will post 3.33 EPS for the current year.

National Bank Company 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.