Can National Bank Holdings Corporation (NBHC)’s Tomorrow be Different? The Stock Just Broke Its High

May 17, 2018 - By Robert Sims

National Bank Holdings Corporation (NYSE:NBHC) Logo

Investors sentiment decreased to 1 in Q4 2017. Its down 0.30, from 1.3 in 2017Q3. It dropped, as 13 investors sold National Bank Holdings Corporation shares while 39 reduced holdings. 8 funds opened positions while 44 raised stakes. 24.57 million shares or 0.76% less from 24.76 million shares in 2017Q3 were reported.
Sei Invests Company stated it has 124,700 shares or 0.01% of all its holdings. Guggenheim Cap has invested 0.01% in National Bank Holdings Corporation (NYSE:NBHC). Parametric Portfolio Associate Limited Liability Com reported 0% in National Bank Holdings Corporation (NYSE:NBHC). Renaissance Technologies Ltd Llc stated it has 0.04% in National Bank Holdings Corporation (NYSE:NBHC). Wells Fargo And Company Mn owns 37,595 shares or 0% of their US portfolio. 27,359 are owned by Comerica Bankshares. Kennedy Capital Inc holds 0.03% or 45,131 shares. Asset Mgmt Inc holds 0% of its portfolio in National Bank Holdings Corporation (NYSE:NBHC) for 8,066 shares. 27,424 were reported by Bbva Compass Bank & Trust. Georgia-based Invesco Limited has invested 0% in National Bank Holdings Corporation (NYSE:NBHC). Moreover, Point72 Asia (Hong Kong) Ltd has 0.01% invested in National Bank Holdings Corporation (NYSE:NBHC). Ameriprise Inc holds 0.01% or 404,849 shares. Sector Pension Inv Board holds 0% or 16,843 shares in its portfolio. Brown Advisory holds 0.11% or 1.12 million shares in its portfolio. California State Teachers Retirement Systems stated it has 39,233 shares.

Since February 2, 2018, it had 0 buys, and 4 sales for $6.30 million activity. 3,841 shares valued at $130,594 were sold by Warren Burney S. III on Wednesday, February 21. $830,015 worth of National Bank Holdings Corporation (NYSE:NBHC) was sold by Newfield Richard U Jr..

The stock of National Bank Holdings Corporation (NYSE:NBHC) hit a new 52-week high and has $39.57 target or 5.00 % above today’s $37.69 share price. The 6 months bullish chart indicates low risk for the $1.15 billion company. The 1-year high was reported on May, 17 by Barchart.com. If the $39.57 price target is reached, the company will be worth $57.55 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 1.18% or $0.44 during the last trading session, reaching $37.69. About 94,882 shares traded. National Bank Holdings Corporation (NYSE:NBHC) has risen 2.82% since May 17, 2017 and is uptrending. It has underperformed by 8.73% the S&P500.

Analysts await National Bank Holdings Corporation (NYSE:NBHC) to report earnings on July, 19. They expect $0.48 EPS, up 45.45 % or $0.15 from last year’s $0.33 per share. NBHC’s profit will be $14.66M for 19.63 P/E if the $0.48 EPS becomes a reality. After $0.47 actual EPS reported by National Bank Holdings Corporation for the previous quarter, Wall Street now forecasts 2.13 % EPS growth.

National Bank Holdings Corporation (NYSE:NBHC) Ratings Coverage

Among 5 analysts covering National Bank Holdings (NYSE:NBHC), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. National Bank Holdings had 5 analyst reports since December 21, 2017 according to SRatingsIntel. The firm has “Hold” rating by Piper Jaffray given on Wednesday, January 31. Keefe Bruyette & Woods maintained National Bank Holdings Corporation (NYSE:NBHC) rating on Thursday, December 21. Keefe Bruyette & Woods has “Hold” rating and $37.0 target. The firm has “Hold” rating by Hovde Group given on Wednesday, January 3. The rating was upgraded by DA Davidson to “Buy” on Tuesday, March 27. The stock of National Bank Holdings Corporation (NYSE:NBHC) earned “Hold” rating by Stephens on Monday, January 29.

More recent National Bank Holdings Corporation (NYSE:NBHC) news were published by: Seekingalpha.com which released: “NBH Holdings’ (NBHC) CEO Tim Laney on Q1 2018 Results – Earnings Call Transcript” on April 28, 2018. Also Prnewswire.com published the news titled: “National Bank Holdings Corporation Announces Retirement of Brian Lilly and Appointment of Aldis Birkans as Chief …” on May 02, 2018. Globenewswire.com‘s news article titled: “Research Report Identifies Spartan Motors, Cardiovascular, Stone Energy, Verisk Analytics, National Bank, and …” with publication date: April 24, 2018 was also an interesting one.

National Bank Holdings Corporation operates as the bank holding firm for NBH Bank, N.A. that provides various banking products and financial services to commercial and consumer clients in the United States. The company has market cap of $1.15 billion. The firm offers deposit products, including checking accounts, savings accounts, money market accounts, and other deposit accounts, including fixed-rate, fixed maturity, time deposits. It has a 71.11 P/E ratio. It also provides commercial and industrial loans and leases, such as working capital loans, equipment loans, structured and asset loans, energy loans, agriculture loans, government and non-profit loans, owner occupied commercial real estate loans, and other commercial loans and leases.

National Bank Holdings Corporation (NYSE:NBHC) Institutional Positions Chart

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