Today, 17,990 Shares of Stock are sold by Insider Selling: National Bank Holdings Corp. (NBHC) CFO

Today, 17,990 Shares of Stock are sold by Insider Selling: National Bank Holdings Corp. (NBHC) CFO

National Bank Holdings Corp. (NYSE:NBHC) CFO Brian F. Lilly sold 17,990 shares of the firm’s stock in a transaction on Friday, November 25th. The stock was sold at an average price of $27.32, for a total value of $491,486.80. Following the sale, the chief financial officer now owns 266,850 shares in the company, valued at approximately $7,290,342. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

National Bank Holdings Corp. (NYSE:NBHC) traded down 1.36% on Monday, reaching $26.80. The company’s stock had a trading volume of 122,745 shares. National Bank Holdings Corp. has a 1-year low of $18.41 and a 1-year high of $27.76. The stock has a 50 day moving average price of $24.78 and a 200-day moving average price of $22.46. The company has a market capitalization of $695.81 million, a price-to-earnings ratio of 48.11 and a beta of 0.58.

National Bank Holdings Corp. (NYSE:NBHC) last posted its quarterly earnings results on Thursday, October 20th. The financial services provider reported $0.30 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.21 by $0.09. The company had revenue of $40.76 million for the quarter, compared to analysts’ expectations of $45.60 million. National Bank Holdings Corp. had a return on equity of 4.03% and a net margin of 7.82%. The firm’s revenue was down 3.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.05 earnings per share. Equities analysts predict that National Bank Holdings Corp. will post $0.67 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 15th. Shareholders of record on Friday, November 25th will be given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 1.04%. This is a boost from National Bank Holdings Corp.’s previous quarterly dividend of $0.05. The ex-dividend date is Tuesday, November 22nd. National Bank Holdings Corp.’s payout ratio is presently 49.12%.

A number of institutional investors have recently bought and sold shares of NBHC. DIAM Co. Ltd. boosted its position in National Bank Holdings Corp. by 2.6% in the second quarter. DIAM Co. Ltd. now owns 39,000 shares of the financial services provider’s stock valued at $794,000 after buying an additional 1,000 shares during the last quarter. Renaissance Technologies LLC boosted its position in National Bank Holdings Corp. by 6.7% in the first quarter. Renaissance Technologies LLC now owns 869,400 shares of the financial services provider’s stock valued at $17,727,000 after buying an additional 54,900 shares during the last quarter. Bbva Compass Bancshares Inc. purchased a new position in National Bank Holdings Corp. during the second quarter valued at $305,000. PNC Financial Services Group Inc. boosted its position in National Bank Holdings Corp. by 19.7% in the second quarter. PNC Financial Services Group Inc. now owns 16,904 shares of the financial services provider’s stock valued at $344,000 after buying an additional 2,779 shares during the last quarter. Finally, I.G. Investment Management LTD. boosted its position in National Bank Holdings Corp. by 1.9% in the second quarter. I.G. Investment Management LTD. now owns 84,056 shares of the financial services provider’s stock valued at $1,711,000 after buying an additional 1,542 shares during the last quarter.

Several equities research analysts have recently issued reports on NBHC shares. Zacks Investment Research upgraded National Bank Holdings Corp. from a “hold” rating to a “buy” rating and set a $27.00 price objective on the stock in a report on Wednesday, October 26th. Hovde Group assumed coverage on National Bank Holdings Corp. in a research report on Wednesday, September 7th. They issued a “market perform” rating and a $25.00 target price on the stock. Finally, Stephens raised National Bank Holdings Corp. from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $21.00 to $25.00 in a research report on Friday, August 12th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $23.33.

About National Bank Holdings Corp.

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