71,054 Shares in NI Holdings, Inc. (NASDAQ:NODK) Bought by Bridgeway Capital Management LLC

Bridgeway Capital Management LLC purchased a new stake in NI Holdings, Inc. (NASDAQ:NODK) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 71,054 shares of the company’s stock, valued at approximately $1,116,000. Bridgeway Capital Management LLC owned about 0.34% of NI at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Citadel Advisors LLC raised its holdings in shares of NI by 61.4% in the fourth quarter. Citadel Advisors LLC now owns 18,328 shares of the company’s stock valued at $288,000 after purchasing an additional 6,972 shares during the last quarter. Bank of America Corp DE lifted its position in shares of NI by 17.0% during the 4th quarter. Bank of America Corp DE now owns 19,320 shares of the company’s stock worth $303,000 after buying an additional 2,811 shares in the last quarter. Northern Trust Corp boosted its stake in shares of NI by 15.2% in the 4th quarter. Northern Trust Corp now owns 74,332 shares of the company’s stock worth $1,167,000 after buying an additional 9,832 shares during the last quarter. Boothbay Fund Management LLC bought a new position in shares of NI in the fourth quarter valued at approximately $487,000. Finally, Hsbc Holdings PLC increased its position in shares of NI by 20.4% during the fourth quarter. Hsbc Holdings PLC now owns 24,523 shares of the company’s stock valued at $387,000 after acquiring an additional 4,159 shares during the last quarter. 21.89% of the stock is currently owned by institutional investors.

NI Trading Up 3.0 %

NODK stock opened at $12.56 on Friday. The stock has a market cap of $259.98 million, a P/E ratio of -44.86 and a beta of 0.38. The stock’s fifty day simple moving average is $13.48 and its two-hundred day simple moving average is $14.74. NI Holdings, Inc. has a 1-year low of $12.01 and a 1-year high of $17.24.

NI (NASDAQ:NODK) last issued its quarterly earnings results on Friday, May 9th. The company reported $0.31 earnings per share for the quarter. NI had a negative net margin of 1.63% and a positive return on equity of 1.16%. The company had revenue of $71.43 million for the quarter.

NI 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.