2 weeks Ago By ABMN Staff
Bank of Montreal Can boosted its position in shares of National Bank Holdings Co. ( NYSE:NBHC – Free Report ) by 6.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission.
The institutional investor owned 7,098 shares of the financial services provider’s stock after buying an additional 455 shares during the period. Bank of Montreal Can’s holdings in National Bank were worth $306,000 at the end of the most recent quarter. Several other large investors have also made changes to their positions in the company.
Wells Fargo & Company MN lifted its position in shares of National Bank by 27.1% during the 4th quarter. Wells Fargo & Company MN now owns 22,121 shares of the financial services provider’s stock worth $953,000 after buying an additional 4,719 shares during the last quarter.
Franklin Resources Inc. raised its stake in National Bank by 216.8% during the fourth quarter.
Franklin Resources Inc. now owns 33,945 shares of the financial services provider’s stock worth $1,462,000 after acquiring an additional 23,230 shares in the last quarter. Meeder Asset Management Inc.
lifted its holdings in shares of National Bank by 390.5% in the fourth quarter. Meeder Asset Management Inc.
now owns 6,509 shares of the financial services provider’s stock worth $280,000 after acquiring an additional 5,182 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of National Bank by 74.
7% in the 4th quarter. JPMorgan Chase & Co. now owns 331,546 shares of the financial services provider’s stock valued at $14,276,000 after purchasing an additional 141,716 shares in the last quarter.
Finally, Vanguard Group Inc. increased its position in National Bank by 0.9% during the 4th quarter.
Vanguard Group Inc. now owns 4,230,384 shares of the financial services provider’s stock worth $182,160,000 after purchasing an additional 35,910 shares in the last quarter. Institutional investors and hedge funds own 92.
65% of the company’s stock. National Bank Stock Down 6.5 % Shares of NYSE:NBHC opened at $34.
23 on Thursday. The firm has a market cap of $1.30 billion, a P/E ratio of 11.
08 and a beta of 0.77. National Bank Holdings Co.
has a 12-month low of $32.69 and a 12-month high of $51.76.
The business has a fifty day simple moving average of $38.40 and a 200 day simple moving average of $42.54.
The company has a quick ratio of 0.94, a current ratio of 0.95 and a debt-to-equity ratio of 0.
08. Analyst Ratings Changes NBHC has been the topic of a number of research analyst reports. DA Davidson decreased their target price on shares of National Bank from $46.
00 to $42.00 and set a “buy” rating on the stock in a research note on Wednesday. StockNews.
com lowered National Bank from a “hold” rating to a “sell” rating in a research report on Wednesday. Finally, Hovde Group dropped their target price on National Bank from $48.00 to $43.
00 and set a “market perform” rating for the company in a research report on Wednesday, April 2nd. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, National Bank presently has an average rating of “Hold” and a consensus price target of $46.
80. Get Our Latest Analysis on National Bank National Bank Profile ( Free Report ) 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.
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