Davis Selected Advisers Has Boosted State Street Corp. (STT) Holding by $961,561 as Valuation Rose; As National Bk Hldgs (NBHC) Shares Rose, Boston Partners Has Decreased Its Holding

April 23, 2018 - By wolcottdaily

National Bank Holdings Corporation (NYSE:NBHC) Logo

Boston Partners decreased its stake in National Bk Hldgs Corp (NBHC) by 15.81% based on its latest 2017Q4 regulatory filing with the SEC. Boston Partners sold 85,219 shares as the company’s stock rose 0.61% while stock markets declined. The institutional investor held 453,660 shares of the major banks company at the end of 2017Q4, valued at $14.71 million, down from 538,879 at the end of the previous reported quarter. Boston Partners who had been investing in National Bk Hldgs Corp for a number of months, seems to be less bullish one the $1.03B market cap company. The stock increased 0.53% or $0.18 during the last trading session, reaching $33.89. About 71,649 shares traded. National Bank Holdings Corporation (NYSE:NBHC) has risen 2.82% since April 23, 2017 and is uptrending. It has underperformed by 8.73% the S&P500.

Davis Selected Advisers increased its stake in State Street Corp. (STT) by 1.99% based on its latest 2017Q4 regulatory filing with the SEC. Davis Selected Advisers bought 9,913 shares as the company’s stock rose 1.05% while stock markets declined. The institutional investor held 507,740 shares of the major banks company at the end of 2017Q4, valued at $49.56M, up from 497,827 at the end of the previous reported quarter. Davis Selected Advisers who had been investing in State Street Corp. for a number of months, seems to be bullish on the $36.66 billion market cap company. The stock decreased 4.34% or $4.52 during the last trading session, reaching $99.66. About 3.95 million shares traded or 111.68% up from the average. State Street Corporation (NYSE:STT) has risen 26.69% since April 23, 2017 and is uptrending. It has outperformed by 15.14% the S&P500.

Analysts await National Bank Holdings Corporation (NYSE:NBHC) to report earnings on April, 26 after the close. They expect $0.35 EPS, up 16.67% or $0.05 from last year’s $0.3 per share. NBHC’s profit will be $10.64 million for 24.21 P/E if the $0.35 EPS becomes a reality. After $0.36 actual EPS reported by National Bank Holdings Corporation for the previous quarter, Wall Street now forecasts -2.78% negative EPS growth.

Since February 2, 2018, it had 0 buys, and 3 selling transactions for $6.16 million activity. Newfield Richard U Jr. also sold $830,015 worth of National Bank Holdings Corporation (NYSE:NBHC) shares. $5.20 million worth of National Bank Holdings Corporation (NYSE:NBHC) was sold by LILLY BRIAN F on Friday, March 9.

Among 8 analysts covering National Bank Holdings Corp (NYSE:NBHC), 2 have Buy rating, 0 Sell and 6 Hold. Therefore 25% are positive. National Bank Holdings Corp had 19 analyst reports since October 26, 2015 according to SRatingsIntel. The company was maintained on Wednesday, January 3 by Hovde Group. The firm has “Buy” rating by Sandler O’Neill given on Friday, August 18. The stock has “Overweight” rating by Stephens on Friday, August 12. The firm earned “Buy” rating on Friday, April 21 by Stephens. The rating was initiated by Hovde Group with “Market Perform” on Wednesday, September 7. The firm has “Market Perform” rating by Wood given on Friday, October 20. Keefe Bruyette & Woods downgraded National Bank Holdings Corporation (NYSE:NBHC) on Friday, October 20 to “Hold” rating. As per Tuesday, October 3, the company rating was maintained by Keefe Bruyette & Woods. The rating was maintained by Stephens with “Hold” on Monday, June 26. As per Thursday, December 21, the company rating was maintained by Keefe Bruyette & Woods.

Boston Partners, which manages about $53.18 billion and $84.89B US Long portfolio, upped its stake in Andeavor by 1.99 million shares to 9.48 million shares, valued at $1.08 billion in 2017Q4, according to the filing. It also increased its holding in Suntrust Bks Inc (NYSE:STI) by 221,043 shares in the quarter, for a total of 7.03M shares, and has risen its stake in Cdw Corp (NASDAQ:CDW).

Investors sentiment decreased to 1 in Q4 2017. Its down 0.30, from 1.3 in 2017Q3. It dropped, as 13 investors sold NBHC 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. Geode Cap Limited Liability Co reported 0% in National Bank Holdings Corporation (NYSE:NBHC). Principal Fin stated it has 210,004 shares or 0.01% of all its holdings. 124,700 are owned by Sei. Bbva Compass State Bank Inc invested in 27,424 shares. Rhumbline Advisers stated it has 64,778 shares. 20,569 are owned by State Board Of Administration Of Florida Retirement Sys. Citigroup Incorporated owns 10,022 shares. 3.44 million are held by Blackrock. State Street stated it has 927,536 shares. Brown Advisory invested in 1.12 million shares. Guggenheim Capital Limited Liability Corporation reported 96,999 shares. 96,064 were accumulated by Goldman Sachs Grp. Connecticut-based Cubist Systematic Strategies Limited Liability Corporation has invested 0.02% in National Bank Holdings Corporation (NYSE:NBHC). Citadel Advsrs Llc holds 0% or 28,368 shares in its portfolio. Bnp Paribas Arbitrage Sa has 18,710 shares for 0% of their portfolio.

Davis Selected Advisers, which manages about $48.17 billion and $23.54 billion US Long portfolio, decreased its stake in Cabot Oil & Gas Corp. (NYSE:COG) by 17,236 shares to 14.43M shares, valued at $412.72 million in 2017Q4, according to the filing. It also reduced its holding in Eaton Corporation Plc (NYSE:ETN) by 198,273 shares in the quarter, leaving it with 335,951 shares, and cut its stake in Vornado Realty Trust (NYSE:VNO).

Among 19 analysts covering State Street Corporation (NYSE:STT), 9 have Buy rating, 0 Sell and 10 Hold. Therefore 47% are positive. State Street Corporation had 82 analyst reports since July 28, 2015 according to SRatingsIntel. The stock of State Street Corporation (NYSE:STT) has “Hold” rating given on Tuesday, January 9 by Jefferies. The firm earned “Buy” rating on Wednesday, January 4 by Goldman Sachs. The rating was maintained by RBC Capital Markets on Wednesday, July 26 with “Hold”. The firm has “Hold” rating by Deutsche Bank given on Thursday, February 25. The rating was upgraded by Morgan Stanley on Monday, November 14 to “Equal-Weight”. Deutsche Bank maintained the shares of STT in report on Friday, April 6 with “Hold” rating. The company was maintained on Monday, May 29 by Bank of America. On Wednesday, January 10 the stock rating was upgraded by Citigroup to “Buy”. The rating was downgraded by Sandler O’Neill to “Hold” on Tuesday, September 6. The rating was maintained by Standpoint Research with “Hold” on Sunday, August 9.

Investors sentiment decreased to 0.96 in 2017 Q4. Its down 0.04, from 1 in 2017Q3. It worsened, as 42 investors sold STT shares while 262 reduced holdings. 80 funds opened positions while 211 raised stakes. 312.70 million shares or 2.45% less from 320.54 million shares in 2017Q3 were reported. Somerville Kurt F holds 0.17% of its portfolio in State Street Corporation (NYSE:STT) for 8,410 shares. Cipher Lp holds 0.25% or 32,710 shares. Numeric Invsts Ltd Limited Liability Company invested 1.01% of its portfolio in State Street Corporation (NYSE:STT). Sumitomo Mitsui Asset Management holds 0.04% or 27,159 shares in its portfolio. Woodstock has 1.84% invested in State Street Corporation (NYSE:STT). Howland Mngmt Ltd Liability Corp owns 2,602 shares or 0.02% of their US portfolio. Bank Of Ny Mellon has 0.1% invested in State Street Corporation (NYSE:STT). 30,000 were reported by Ally Fincl. Veritable Limited Partnership reported 18,113 shares. Fairfield Bush & holds 0.31% or 11,654 shares. Cornerstone Inv Ptnrs Lc has invested 2.03% in State Street Corporation (NYSE:STT). Origin Asset Llp holds 1.65% or 295,600 shares. Sol Cap stated it has 0.06% of its portfolio in State Street Corporation (NYSE:STT). Raymond James Assocs holds 0.03% or 150,039 shares in its portfolio. Amer Interest Grp Incorporated has 119,214 shares.

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

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