NI Holdings, Inc. (NASDAQ:NODK) Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. raised its position in NI Holdings, Inc. (NASDAQ:NODK) by 108.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,391 shares of the company’s stock after purchasing an additional 8,025 shares during the quarter. JPMorgan Chase & Co. owned 0.07% of NI worth $241,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of NODK. Renaissance Technologies LLC increased its holdings in NI by 2.2% in the second quarter. Renaissance Technologies LLC now owns 59,991 shares of the company’s stock valued at $918,000 after buying an additional 1,300 shares during the last quarter. Creative Planning grew its holdings in shares of NI by 14.8% during the third quarter. Creative Planning now owns 15,533 shares of the company’s stock worth $244,000 after purchasing an additional 2,000 shares during the last quarter. Geode Capital Management LLC increased its position in shares of NI by 1.9% during the third quarter. Geode Capital Management LLC now owns 169,290 shares of the company’s stock worth $2,655,000 after purchasing an additional 3,092 shares in the last quarter. Barclays PLC grew its stake in NI by 44.0% during the 3rd quarter. Barclays PLC now owns 24,687 shares of the company’s stock worth $387,000 after buying an additional 7,549 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in NI by 4.2% during the second quarter. Dimensional Fund Advisors LP now owns 234,774 shares of the company’s stock worth $3,592,000 after buying an additional 9,414 shares during the period. 21.89% of the stock is currently owned by hedge funds and other institutional investors.

NI Trading Down 1.7 %

Shares of NASDAQ NODK opened at $15.10 on Friday. NI Holdings, Inc. has a twelve month low of $13.16 and a twelve month high of $17.24. The stock has a market cap of $311.82 million, a P/E ratio of -53.93 and a beta of 0.37. The stock has a 50 day moving average of $15.61 and a two-hundred day moving average of $15.47.

NI (NASDAQ:NODK) last announced its quarterly earnings data on Thursday, November 7th. The company reported ($0.13) earnings per share (EPS) for the quarter. The firm had revenue of $88.98 million during the quarter. NI had a negative net margin of 1.63% and a positive return on equity of 1.16%.

NI Company Profile

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.