Boothbay Fund Management LLC acquired a new stake in shares of NI Holdings, Inc. (NASDAQ:NODK - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 31,000 shares of the company's stock, valued at approximately $487,000. Boothbay Fund Management LLC owned approximately 0.15% of NI at the end of the most recent quarter.
A number of other hedge funds also recently bought and sold shares of the business. M3F Inc. increased its position in NI by 21.8% during the fourth quarter. M3F Inc. now owns 1,336,330 shares of the company's stock worth $20,980,000 after purchasing an additional 239,316 shares during the last quarter. Arbiter Partners Capital Management LLC grew its stake in shares of NI by 152.0% in the 4th quarter. Arbiter Partners Capital Management LLC now owns 51,392 shares of the company's stock valued at $807,000 after buying an additional 31,000 shares during the period. Empowered Funds LLC acquired a new stake in shares of NI during the 4th quarter worth approximately $331,000. JPMorgan Chase & Co. lifted its holdings in NI by 107.3% in the fourth quarter. JPMorgan Chase & Co. now owns 31,911 shares of the company's stock valued at $501,000 after acquiring an additional 16,520 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in NI by 4.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 270,564 shares of the company's stock worth $4,248,000 after acquiring an additional 11,240 shares during the period. Institutional investors and hedge funds own 21.89% of the company's stock.
NI Stock Down 1.1 %
NASDAQ:NODK traded down $0.14 on Tuesday, reaching $12.40. The company's stock had a trading volume of 4,948 shares, compared to its average volume of 19,407. NI Holdings, Inc. has a 12-month low of $12.28 and a 12-month high of $17.24. The stock has a 50 day moving average price of $13.63 and a 200 day moving average price of $14.82. The firm has a market cap of $256.65 million, a price-to-earnings ratio of -44.28 and a beta of 0.38.
NI (NASDAQ:NODK - Get Free Report) last issued its quarterly earnings data on Friday, March 7th. The company reported $0.47 earnings per share (EPS) for the quarter. NI had a negative net margin of 1.63% and a positive return on equity of 1.16%. The firm had revenue of $73.91 million for the quarter.
About NI
(
Free Report)
NI Holdings, Inc underwrites property and casualty insurance products in the United States. Its products include private passenger auto, non-standard automobile, homeowners, farm owners, crop hail and multi-peril crop, and liability insurance policies. The company was founded in 1946 and is headquartered in Fargo, North Dakota.
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