Metropolitan Life Insurance Co. NY Has $592,000 Stake in National Bank Holdings Corporation (NBHC)

Metropolitan Life Insurance Co. NY continued to hold its position in shares of National Bank Holdings Corporation (NYSE:NBHC) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 18,211 shares of the financial services provider’s stock at the end of the first quarter. Metropolitan Life Insurance Co. NY owned 0.07% of National Bank Holdings Corporation worth $592,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in NBHC. LS Investment Advisors LLC raised its position in shares of National Bank Holdings Corporation by 237.2% in the first quarter. LS Investment Advisors LLC now owns 3,305 shares of the financial services provider’s stock worth $107,000 after buying an additional 2,325 shares during the last quarter. Bank of Montreal Can raised its position in shares of National Bank Holdings Corporation by 29.6% in the first quarter. Bank of Montreal Can now owns 3,706 shares of the financial services provider’s stock worth $120,000 after buying an additional 846 shares during the last quarter. Victory Capital Management Inc. acquired a new position in shares of National Bank Holdings Corporation during the first quarter valued at $179,000. Mason Street Advisors LLC raised its position in shares of National Bank Holdings Corporation by 9.7% in the first quarter. Mason Street Advisors LLC now owns 6,222 shares of the financial services provider’s stock valued at $202,000 after buying an additional 549 shares in the last quarter. Finally, BW Gestao de Investimentos Ltda. acquired a new position in shares of National Bank Holdings Corporation during the first quarter valued at $304,000. Institutional investors own 96.94% of the company’s stock.

Shares of National Bank Holdings Corporation (NBHC) traded up 1.62% during midday trading on Friday, reaching $31.97. 134,183 shares of the company’s stock traded hands. The stock has a 50-day moving average price of $33.53 and a 200-day moving average price of $32.46. National Bank Holdings Corporation has a 52-week low of $22.69 and a 52-week high of $36.04. The stock has a market cap of $856.51 million, a P/E ratio of 25.17 and a beta of 0.66.

National Bank Holdings Corporation (NYSE:NBHC) last issued its quarterly earnings results on Thursday, July 20th. The financial services provider reported $0.33 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.28 by $0.05. The firm had revenue of $48.85 million for the quarter, compared to the consensus estimate of $48.30 million. National Bank Holdings Corporation had a net margin of 17.64% and a return on equity of 6.60%. During the same quarter in the previous year, the company earned $0.15 EPS. Analysts forecast that National Bank Holdings Corporation will post $1.25 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Friday, August 25th will be given a $0.09 dividend. The ex-dividend date is Wednesday, August 23rd. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.13%. National Bank Holdings Corporation’s dividend payout ratio (DPR) is currently 27.91%.

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NBHC has been the topic of several analyst reports. Sandler O’Neill upgraded shares of National Bank Holdings Corporation from a “hold” rating to a “buy” rating and set a $36.00 price objective on the stock in a report on Friday. Keefe, Bruyette & Woods restated a “buy” rating and issued a $35.00 price objective on shares of National Bank Holdings Corporation in a report on Monday, June 26th. Zacks Investment Research upgraded shares of National Bank Holdings Corporation from a “hold” rating to a “buy” rating and set a $36.00 price objective on the stock in a report on Wednesday, April 26th. Stephens set a $34.00 price objective on shares of National Bank Holdings Corporation and gave the company a “hold” rating in a report on Monday, June 26th. Finally, Piper Jaffray Companies initiated coverage on shares of National Bank Holdings Corporation in a report on Tuesday, July 11th. They issued a “neutral” rating and a $35.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $33.67.

About National Bank Holdings Corporation

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.

Institutional Ownership by Quarter for National Bank Holdings Corporation (NYSE:NBHC)

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