Texas Permanent School Fund Purchases 7,629 Shares of National Bank Holdings Corporation (NBHC)

Texas Permanent School Fund boosted its position in shares of National Bank Holdings Corporation (NYSE:NBHC) by 65.6% during the first quarter, Holdings Channel reports. The institutional investor owned 19,266 shares of the financial services provider’s stock after buying an additional 7,629 shares during the period. Texas Permanent School Fund owned about 0.07% of National Bank Holdings Corporation worth $626,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Public Sector Pension Investment Board purchased a new stake in shares of National Bank Holdings Corporation during the fourth quarter worth about $590,000. Highbridge Capital Management LLC purchased a new stake in shares of National Bank Holdings Corporation during the fourth quarter worth about $1,534,000. New York State Teachers Retirement System purchased a new stake in shares of National Bank Holdings Corporation during the fourth quarter worth about $323,000. Dimensional Fund Advisors LP raised its stake in shares of National Bank Holdings Corporation by 13.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,098,956 shares of the financial services provider’s stock worth $66,936,000 after buying an additional 242,943 shares in the last quarter. Finally, Guggenheim Capital LLC purchased a new stake in shares of National Bank Holdings Corporation during the fourth quarter worth about $1,850,000. 96.14% of the stock is currently owned by institutional investors and hedge funds.

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

National Bank Holdings Corporation (NBHC) opened at 32.79 on Friday. National Bank Holdings Corporation has a 1-year low of $19.46 and a 1-year high of $34.10. The company has a market capitalization of $878.18 million, a P/E ratio of 30.14 and a beta of 0.67. The firm has a 50-day moving average price of $31.65 and a 200-day moving average price of $31.76.

National Bank Holdings Corporation (NYSE:NBHC) last posted its quarterly earnings data on Thursday, April 20th. The financial services provider reported $0.30 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.23 by $0.07. The firm had revenue of $43.42 million for the quarter, compared to the consensus estimate of $46.30 million. National Bank Holdings Corporation had a return on equity of 5.59% and a net margin of 15.65%. During the same quarter in the previous year, the company earned $0.01 EPS. On average, analysts forecast that National Bank Holdings Corporation will post $1.18 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 15th. Shareholders of record on Friday, May 26th were issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 1.10%. The ex-dividend date of this dividend was Wednesday, May 24th. This is an increase from National Bank Holdings Corporation’s previous quarterly dividend of $0.07. National Bank Holdings Corporation’s payout ratio is presently 32.43%.

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A number of equities research analysts recently issued reports on NBHC shares. Stephens lowered National Bank Holdings Corporation from an “overweight” rating to an “equal weight” rating in a research report on Thursday, April 20th. Zacks Investment Research raised National Bank Holdings Corporation from a “sell” rating to a “hold” rating in a research report on Saturday, February 25th.

National Bank Holdings Corporation 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.

Want to see what other hedge funds are holding NBHC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for National Bank Holdings Corporation (NYSE:NBHC).

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