Thompson Siegel & Walmsley LLC Acquires New Shares in National Bank Holdings Corporation $NBHC

Thompson Siegel & Walmsley LLC acquired a new stake in National Bank Holdings Corporation (NYSE:NBHC) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 130,830 shares of the financial services provider’s stock, valued at approximately $4,973,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Aster Capital Management DIFC Ltd lifted its stake in shares of 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 purchasing an additional 690 shares during the last quarter. Global Retirement Partners LLC acquired a new stake in shares of National Bank in the 4th quarter valued at $66,000. Quarry LP lifted its stake in shares of 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 purchasing an additional 613 shares during the last quarter. Nisa Investment Advisors LLC lifted its stake in shares of 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 purchasing an additional 499 shares during the last quarter. Finally, Tower Research Capital LLC TRC lifted its stake in shares of 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 purchasing an additional 1,927 shares during the last quarter. Institutional investors and hedge funds own 92.65% of the company’s stock.

National Bank Stock Performance

NYSE NBHC opened at $41.19 on Tuesday. The stock has a market cap of $1.84 billion, a P/E ratio of 15.37 and a beta of 0.80. The company’s 50-day simple moving average is $41.20 and its 200 day simple moving average is $40.11. National Bank Holdings Corporation has a twelve month low of $35.06 and a twelve month high of $43.86. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.12.

National Bank (NYSE:NBHC) last issued its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.65 by $0.07. The firm had revenue of $126.78 million for the quarter, compared to analysts’ expectations of $129.30 million. National Bank had a net margin of 17.14% and a return on equity of 8.72%. The company’s quarterly revenue was up 37.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.63 earnings per share. As a group, research analysts forecast that National Bank Holdings Corporation will post 3.51 earnings per share for the current fiscal year.

National Bank Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Friday, May 29th. National Bank’s dividend payout ratio is currently 47.76%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. DA Davidson reaffirmed a “buy” rating and issued a $46.00 price objective on shares of National Bank in a research note on Wednesday, April 22nd. Piper Sandler boosted their target price on shares of National Bank from $48.00 to $52.00 and gave the stock an “overweight” rating in a research report on Monday, April 27th. Wall Street Zen raised shares of National Bank from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Weiss Ratings raised shares of National Bank from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, May 21st. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $46.20.

National Bank Company 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.