National Bank Holdings Corp (NYSE:NBHC) CFO Brian F. Lilly sold 154,358 shares of the stock in a transaction on Tuesday, March 13th. The shares were sold at an average price of $33.67, for a total value of $5,197,233.86. Following the transaction, the chief financial officer now directly owns 203,846 shares in the company, valued at $6,863,494.82. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
Shares of National Bank Holdings Corp (NYSE NBHC) traded up $0.14 during trading on Tuesday, reaching $33.94. The company had a trading volume of 224,014 shares, compared to its average volume of 207,851. National Bank Holdings Corp has a one year low of $30.10 and a one year high of $37.08. The company has a market cap of $1,014.85, a PE ratio of 65.27, a P/E/G ratio of 1.77 and a beta of 0.71. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.24.
National Bank (NYSE:NBHC) last announced its earnings results on Thursday, January 25th. The financial services provider reported $0.36 EPS for the quarter, topping the Zacks’ consensus estimate of $0.33 by $0.03. National Bank had a return on equity of 6.39% and a net margin of 7.16%. The company had revenue of $45.80 million for the quarter, compared to analysts’ expectations of $47.87 million. During the same period last year, the firm earned $0.36 EPS. equities research analysts anticipate that National Bank Holdings Corp will post 1.89 EPS for the current fiscal year.
A number of equities analysts recently commented on the company. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $37.00 target price on shares of National Bank in a report on Friday, December 22nd. Zacks Investment Research raised National Bank from a “strong sell” rating to a “hold” rating in a report on Wednesday, December 27th. Finally, Hovde Group set a $35.00 target price on National Bank and gave the stock a “hold” rating in a report on Wednesday, January 3rd. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $35.83.
A number of large investors have recently bought and sold shares of the business. Segall Bryant & Hamill LLC raised its holdings in National Bank by 9.5% during the fourth quarter. Segall Bryant & Hamill LLC now owns 238,776 shares of the financial services provider’s stock valued at $7,744,000 after acquiring an additional 20,815 shares during the period. MetLife Investment Advisors LLC bought a new stake in National Bank during the fourth quarter valued at about $418,000. Millennium Management LLC raised its holdings in National Bank by 654.9% during the fourth quarter. Millennium Management LLC now owns 457,911 shares of the financial services provider’s stock valued at $14,850,000 after acquiring an additional 397,250 shares during the period. Goldman Sachs Group Inc. raised its holdings in National Bank by 7.2% during the fourth quarter. Goldman Sachs Group Inc. now owns 96,064 shares of the financial services provider’s stock valued at $3,115,000 after acquiring an additional 6,464 shares during the period. Finally, Guggenheim Capital LLC raised its holdings in National Bank by 101.5% during the fourth quarter. Guggenheim Capital LLC now owns 96,999 shares of the financial services provider’s stock valued at $3,145,000 after acquiring an additional 48,860 shares during the period. 96.20% of the stock is currently owned by institutional investors and hedge funds.
TRADEMARK VIOLATION WARNING: “Insider Selling: National Bank Holdings Corp (NBHC) CFO Sells 154,358 Shares of Stock” was reported by Ticker Report and is owned by of Ticker Report. If you are reading this news story on another publication, it was copied illegally and republished in violation of international copyright law. The original version of this news story can be viewed at https://www.tickerreport.com/banking-finance/3260283/insider-selling-national-bank-holdings-corp-nbhc-cfo-sells-154358-shares-of-stock.html.
National Bank Company Profile
National Bank Holdings Corporation (NBH) is a bank holding company. Through Bank Midwest, N.A. (Bank Midwest), NBH’s primary business is to offer a range of products and financial services to both its commercial and consumer customers, located in Kansas, Missouri and Colorado. The Company offers an array of lending products to cater to the customers’ needs, including, but not limited to, small business loans, equipment loans, term loans, asset-backed loans, letters of credit, commercial lines of credit, residential mortgage loans, home equity and consumer loans.
Receive News & Ratings for National Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Bank and related companies with MarketBeat.com's FREE daily email newsletter.