Leeward Investments LLC MA Has $20.31 Million Stock Holdings in National Bank Holdings Corporation $NBHC

Leeward Investments LLC MA raised its position in National Bank Holdings Corporation (NYSE:NBHC) by 20.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 534,211 shares of the financial services provider’s stock after buying an additional 92,489 shares during the quarter. National Bank accounts for 1.0% of Leeward Investments LLC MA’s holdings, making the stock its 28th biggest holding. Leeward Investments LLC MA owned 1.41% of National Bank worth $20,305,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Aster Capital Management DIFC Ltd grew its holdings in National Bank by 650.9% in the 3rd quarter. Aster Capital Management DIFC Ltd now owns 796 shares of the financial services provider’s stock valued at $31,000 after buying an additional 690 shares in the last quarter. Quarry LP grew its holdings in National Bank by 50.8% in the 3rd quarter. Quarry LP now owns 1,819 shares of the financial services provider’s stock valued at $70,000 after buying an additional 613 shares in the last quarter. Nisa Investment Advisors LLC grew its holdings in National Bank by 17.9% in the 4th quarter. Nisa Investment Advisors LLC now owns 3,283 shares of the financial services provider’s stock valued at $125,000 after buying an additional 499 shares in the last quarter. Tower Research Capital LLC TRC grew its holdings in National Bank by 131.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,395 shares of the financial services provider’s stock valued at $128,000 after buying an additional 1,927 shares in the last quarter. Finally, Savant Capital LLC acquired a new position in National Bank in the 3rd quarter valued at $211,000. 92.65% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have commented on NBHC. DA Davidson reaffirmed a “buy” rating and issued a $46.00 price objective on shares of National Bank in a report on Wednesday, April 22nd. Wall Street Zen raised National Bank from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Weiss Ratings raised National Bank from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 30th. Finally, Piper Sandler increased their price target on National Bank from $48.00 to $52.00 and gave the stock an “overweight” rating in a research report on Monday, April 27th. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $46.20.

National Bank Trading Up 0.8%

Shares of NYSE:NBHC opened at $41.20 on Friday. The business’s 50 day simple moving average is $40.62 and its 200 day simple moving average is $39.66. The company has a market capitalization of $1.85 billion, a P/E ratio of 15.37 and a beta of 0.80. National Bank Holdings Corporation has a 1 year low of $35.06 and a 1 year high of $43.86. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.95 and a quick ratio of 0.95.

National Bank (NYSE:NBHC) last issued its earnings results on Tuesday, April 21st. The financial services provider reported $0.72 earnings per share for the quarter, beating analysts’ consensus estimates of $0.65 by $0.07. The firm had revenue of $126.78 million for the quarter, compared to the consensus estimate of $129.30 million. National Bank had a return on equity of 8.72% and a net margin of 17.14%.The company’s revenue was up 37.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.63 EPS. On average, research analysts anticipate that National Bank Holdings Corporation will post 3.51 EPS for the current fiscal year.

National Bank Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Friday, May 29th. National Bank’s dividend payout ratio (DPR) is currently 47.76%.

National Bank Profile

National Bank Holdings Corporation (NYSE: NBHC) is a diversified financial services holding company headquartered in Cape Girardeau, Missouri. Through its network of community bank subsidiaries, the company provides deposit, lending and payment solutions to consumer, small business and commercial clients across multiple U.S. markets.

Since its founding in 1992, National Bank Holdings has pursued a growth strategy focused on acquiring and integrating locally branded community banks. Its footprint spans the Midwest and Southern United States, including Missouri, Kansas, Oklahoma, Texas, Colorado, Illinois and Tennessee.