NI Holdings, Inc. (NASDAQ:NODK - Get Free Report) shares traded down 0.6% on Thursday . The company traded as low as $13.22 and last traded at $13.25. 8,940 shares were traded during mid-day trading, a decline of 45% from the average session volume of 16,219 shares. The stock had previously closed at $13.33.
NI Trading Down 0.0%
The stock's fifty day moving average price is $12.95 and its two-hundred day moving average price is $13.58. The firm has a market capitalization of $274.16 million, a price-to-earnings ratio of -109.45 and a beta of 0.36.
NI (NASDAQ:NODK - Get Free Report) last issued its earnings results on Friday, May 9th. The company reported $0.31 earnings per share for the quarter. The business had revenue of $71.43 million for the quarter. NI had a negative net margin of 0.82% and a positive return on equity of 2.51%.
Institutional Trading of NI
A number of institutional investors and hedge funds have recently modified their holdings of NODK. Empowered Funds LLC lifted its stake in NI by 3.8% during the first quarter. Empowered Funds LLC now owns 21,850 shares of the company's stock valued at $312,000 after buying an additional 796 shares in the last quarter. Tower Research Capital LLC TRC lifted its position in shares of NI by 26.6% in the fourth quarter. Tower Research Capital LLC TRC now owns 3,882 shares of the company's stock worth $61,000 after purchasing an additional 815 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of NI by 27.8% in the fourth quarter. Wells Fargo & Company MN now owns 4,579 shares of the company's stock worth $72,000 after purchasing an additional 997 shares in the last quarter. State of Wyoming lifted its position in shares of NI by 34.8% in the first quarter. State of Wyoming now owns 5,284 shares of the company's stock worth $75,000 after purchasing an additional 1,363 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in shares of NI by 17.0% in the fourth quarter. Bank of America Corp DE now owns 19,320 shares of the company's stock worth $303,000 after purchasing an additional 2,811 shares in the last quarter. 21.89% of the stock is owned by institutional investors and hedge funds.
NI Company Profile
(
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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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