American Century Companies Inc. Has $20.98 Million Stock Position in National Bank Holdings Co. (NYSE:NBHC)

American Century Companies Inc. cut its position in National Bank Holdings Co. (NYSE:NBHC) by 0.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 487,142 shares of the financial services provider’s stock after selling 1,429 shares during the period. American Century Companies Inc.’s holdings in National Bank were worth $20,976,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in NBHC. KBC Group NV increased its holdings in shares of National Bank by 82.5% during the fourth quarter. KBC Group NV now owns 2,389 shares of the financial services provider’s stock valued at $103,000 after acquiring an additional 1,080 shares in the last quarter. Handelsbanken Fonder AB bought a new stake in National Bank during the 4th quarter valued at $224,000. FMR LLC raised its holdings in National Bank by 359.7% during the third quarter. FMR LLC now owns 7,627 shares of the financial services provider’s stock worth $321,000 after buying an additional 5,968 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of National Bank in the fourth quarter valued at $500,000. Finally, Teacher Retirement System of Texas grew its holdings in shares of National Bank by 8.0% during the fourth quarter. Teacher Retirement System of Texas now owns 16,881 shares of the financial services provider’s stock valued at $727,000 after buying an additional 1,256 shares during the last quarter. 92.65% of the stock is owned by institutional investors and hedge funds.

National Bank Price Performance

National Bank stock opened at $38.76 on Monday. National Bank Holdings Co. has a 52 week low of $32.13 and a 52 week high of $51.76. The company’s 50 day moving average price is $41.49 and its two-hundred day moving average price is $43.41. The stock has a market cap of $1.47 billion, a P/E ratio of 12.54 and a beta of 0.86. The company has a quick ratio of 0.94, a current ratio of 0.95 and a debt-to-equity ratio of 0.08.

National Bank (NYSE:NBHC) last issued its quarterly earnings results on Wednesday, January 22nd. The financial services provider reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.07. National Bank had a return on equity of 9.76% and a net margin of 19.82%. On average, equities analysts predict that National Bank Holdings Co. will post 3.31 earnings per share for the current year.

National Bank Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.99%. The ex-dividend date was Friday, February 28th. National Bank’s dividend payout ratio (DPR) is currently 37.54%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on NBHC shares. StockNews.com upgraded shares of National Bank from a “sell” rating to a “hold” rating in a report on Wednesday, March 19th. Keefe, Bruyette & Woods raised their target price on National Bank from $47.00 to $52.00 and gave the company a “market perform” rating in a report on Wednesday, December 4th. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, National Bank has an average rating of “Hold” and an average price target of $51.40.

National Bank Company Profile

National Bank Holdings Corporation operates as the bank holding company for NBH Bank that provides various banking products and financial services to commercial, business, and consumer clients in the United States. It offers deposit products, including checking, savings, money market, and other deposit accounts, including fixed-rate and fixed maturity time deposits.