Barclays PLC Grows Stock Holdings in NI Holdings, Inc. (NASDAQ:NODK)

Barclays PLC raised its stake in NI Holdings, Inc. (NASDAQ:NODK) by 44.0% in the third quarter, HoldingsChannel reports. The institutional investor owned 24,687 shares of the company’s stock after buying an additional 7,549 shares during the quarter. Barclays PLC’s holdings in NI were worth $387,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of NODK. Creative Planning increased its stake in NI by 14.8% in the 3rd quarter. Creative Planning now owns 15,533 shares of the company’s stock valued at $244,000 after purchasing an additional 2,000 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in NI by 5.5% in the second quarter. Bank of New York Mellon Corp now owns 23,787 shares of the company’s stock valued at $364,000 after purchasing an additional 1,246 shares during the last quarter. Renaissance Technologies LLC increased its position in shares of 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 in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in shares of NI by 4.2% during the 2nd 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 last quarter. 21.89% of the stock is currently owned by institutional investors and hedge funds.

NI Trading Up 0.4 %

Shares of NASDAQ NODK opened at $15.62 on Friday. The company’s 50-day moving average price is $16.00 and its 200 day moving average price is $15.51. NI Holdings, Inc. has a 52 week low of $12.71 and a 52 week high of $17.24. The stock has a market cap of $322.54 million, a price-to-earnings ratio of -55.79 and a beta of 0.37.

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.