Price Action Alert: Is Buying All-time Stock Like National Bank Holdings Corp a Winning Strategy?

Price Action Alert: Is Buying All time Stock Like National Bank Holdings Corp a Winning Strategy?

The stock of National Bank Holdings Corp (NYSE:NBHC) reached all time high today, Nov, 14 and still has $37.21 target or 41.00% above today’s $26.39 share price. This indicates more upside for the $715.85M company. This technical setup was reported by Barchart.com. If the $37.21 PT is reached, the company will be worth $293.50 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. About 111,900 shares traded hands. National Bank Holdings Corp (NYSE:NBHC) has risen 27.01% since April 12, 2016 and is uptrending. It has outperformed by 22.03% the S&P500.

National Bank Holdings Corp (NYSE:NBHC) Ratings Coverage

Out of 2 analysts covering National Bank Holdings Corp (NYSE:NBHC), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. National Bank Holdings Corp has been the topic of 4 analyst reports since October 26, 2015 according to StockzIntelligence Inc. Hovde Group initiated the stock with “Market Perform” rating in Wednesday, September 7 report. Stephens upgraded National Bank Holdings Corp (NYSE:NBHC) on Friday, August 12 to “Overweight” rating.

According to Zacks Investment Research, “National Bank Holdings Corporation is a bank holding company operating full-service banking centers, with the majority of those banking centers located in Colorado and the greater Kansas City region. The Company, through its subsidiaries, provides services through community banking franchises serving the needs of retail and business customers. National Bank Holdings Corporation is based in Greenwood Village, Colorado.”

Insitutional Activity: The institutional sentiment increased to 1.02 in Q2 2016. Its up 0.22, from 0.8 in 2016Q1. The ratio is positive, as 10 funds sold all National Bank Holdings Corp shares owned while 37 reduced positions. 14 funds bought stakes while 34 increased positions. They now own 25.26 million shares or 3.01% less from 26.05 million shares in 2016Q1.
California Employees Retirement Systems has invested 0% of its portfolio in National Bank Holdings Corp (NYSE:NBHC). Art Ltd Liability Corporation holds 0.01% of its portfolio in National Bank Holdings Corp (NYSE:NBHC) for 14,689 shares. Strs Ohio has 36,100 shares for 0% of their US portfolio. The New York-based Goldman Sachs Group Inc has invested 0% in National Bank Holdings Corp (NYSE:NBHC). Blair William & Co Il has 0% invested in the company for 12,500 shares. Eagle Boston Investment Management Inc has 552,412 shares for 1.53% of their US portfolio. Menta Ltd Liability Corp holds 0.04% of its portfolio in National Bank Holdings Corp (NYSE:NBHC) for 15,836 shares. Deutsche Bancshares Ag reported 59,460 shares or 0% of all its holdings. The Michigan-based Comerica Retail Bank has invested 0.03% in National Bank Holdings Corp (NYSE:NBHC). Teachers has invested 0% of its portfolio in National Bank Holdings Corp (NYSE:NBHC). Wells Fargo Mn last reported 10,428 shares in the company. The Delaware-based Blackrock Advsr Ltd has invested 0% in National Bank Holdings Corp (NYSE:NBHC). Legal General Grp Public Limited Liability Company holds 0% of its portfolio in National Bank Holdings Corp (NYSE:NBHC) for 5,359 shares. Analytic Investors Llc accumulated 0.01% or 36,852 shares. Blackrock Grp reported 11,152 shares or 0% of all its holdings.

More recent National Bank Holdings Corp (NYSE:NBHC) news were published by: Prnewswire.com which released: “National Bank Holdings Corporation Announces Record Third Quarter 2016 …” on October 20, 2016. Also Reuters.com published the news titled: “BRIEF-National Bank Holdings Corp announces record Q3 financial results an…” on October 20, 2016. Seekingalpha.com‘s news article titled: “National Bank Holdings’ (NBHC) CEO Timothy Laney on Q3 2016 Results – Earnings …” with publication date: October 21, 2016 was also an interesting one.

NBHC Company Profile

National Bank Holdings Corporation (NBHC), incorporated on June 16, 2009, is a bank holding company. The Company’s primary activities are conducted through its subsidiary, NBH Bank (the Bank), through which it provides a range of banking products to both commercial and consumer clients. The Firm services its clients through a network of approximately 100 banking centers, and through online and mobile banking products. The Firm operates under various brand names, such as Community Banks of Colorado in Colorado; Bank Midwest in Kansas and Missouri, and Hillcrest Bank in Texas. In addition to traditional banking activities, it provides an array of treasury management solutions to its clients, including online and mobile banking, wire transfers, automated clearing house services, electronic bill payment, lock box services, remote deposit capture services, merchant processing services, cash vault, controlled disbursements, positive pay and other auxiliary services (including account reconciliation, collections, repurchase accounts, zero balance accounts and sweep accounts).

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