Trading Report: Today, 17,990 Shares of Stock are sold by National Bank Holdings Corp. (NBHC) CFO Brian F. Lilly

Today, 17,990 Shares of Stock are sold by National Bank Holdings Corp. (NBHC) CFO Brian F. Lilly

National Bank Holdings Corp. (NYSE:NBHC) CFO Brian F. Lilly sold 17,990 shares of the firm’s stock in a transaction dated Friday, November 25th. The stock was sold at an average price of $27.32, for a total value of $491,486.80. Following the completion of the transaction, the chief financial officer now owns 266,850 shares in the company, valued at $7,290,342. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Shares of National Bank Holdings Corp. (NYSE:NBHC) opened at 26.80 on Tuesday. The company’s 50 day moving average price is $24.78 and its 200 day moving average price is $22.46. The stock has a market capitalization of $695.81 million, a P/E ratio of 48.11 and a beta of 0.58. National Bank Holdings Corp. has a one year low of $18.41 and a one year high of $27.76.

National Bank Holdings Corp. (NYSE:NBHC) last issued its quarterly earnings results on Thursday, October 20th. The financial services provider reported $0.30 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.09. National Bank Holdings Corp. had a return on equity of 4.03% and a net margin of 7.82%. The business had revenue of $40.76 million for the quarter, compared to the consensus estimate of $45.60 million. During the same quarter in the previous year, the company posted $0.05 earnings per share. National Bank Holdings Corp.’s revenue for the quarter was down 3.7% compared to the same quarter last year. On average, equities analysts expect that National Bank Holdings Corp. will post $0.67 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 15th. Stockholders of record on Friday, November 25th will be issued a dividend of $0.07 per share. This is an increase from National Bank Holdings Corp.’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend is Tuesday, November 22nd. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.04%. National Bank Holdings Corp.’s payout ratio is currently 49.12%.

Hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Advisors LLC increased its position in shares of National Bank Holdings Corp. by 1.4% in the third quarter. BlackRock Advisors LLC now owns 14,204 shares of the financial services provider’s stock worth $332,000 after buying an additional 199 shares in the last quarter. Rhumbline Advisers increased its position in shares of National Bank Holdings Corp. by 1.4% in the third quarter. Rhumbline Advisers now owns 34,457 shares of the financial services provider’s stock worth $805,000 after buying an additional 460 shares in the last quarter. State Board of Administration of Florida Retirement System increased its position in shares of National Bank Holdings Corp. by 3.3% in the second quarter. State Board of Administration of Florida Retirement System now owns 19,919 shares of the financial services provider’s stock worth $406,000 after buying an additional 640 shares in the last quarter. DIAM Co. Ltd. increased its position in shares of 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 worth $794,000 after buying an additional 1,000 shares in the last quarter. Finally, Sei Investments Co. increased its position in shares of National Bank Holdings Corp. by 32.2% in the third quarter. Sei Investments Co. now owns 4,839 shares of the financial services provider’s stock worth $113,000 after buying an additional 1,179 shares in the last quarter.

NBHC has been the topic of a number of research reports. Stephens upgraded National Bank Holdings Corp. from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $21.00 to $25.00 in a report on Friday, August 12th. Hovde Group initiated coverage on National Bank Holdings Corp. in a report on Wednesday, September 7th. They issued a “market perform” rating and a $25.00 price objective on the stock. Finally, Zacks Investment Research upgraded National Bank Holdings Corp. from a “sell” rating to a “hold” rating and set a $26.00 price objective on the stock in a report on Tuesday, September 27th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $23.33.

National Bank Holdings Corp. Company Profile

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