Reservoir Operations L.P. Has $4,626,000 Holdings in NI Holdings, Inc. (NODK)
Reservoir Operations L.P. continued to hold its stake in shares of NI Holdings, Inc. (NASDAQ:NODK) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 258,750 shares of the company’s stock at the close of the second quarter. NI Holdings comprises about 5.2% of Reservoir Operations L.P.’s holdings, making the stock its 4th biggest holding. Reservoir Operations L.P. owned about 1.14% of NI Holdings worth $4,626,000 at the end of the most recent quarter.
Other large investors have also recently modified their holdings of the company. Minerva Advisors LLC raised its stake in shares of NI Holdings by 40.8% during the second quarter. Minerva Advisors LLC now owns 154,900 shares of the company’s stock valued at $2,766,000 after acquiring an additional 44,900 shares during the last quarter. M3F Inc. raised its stake in shares of NI Holdings by 10.8% during the second quarter. M3F Inc. now owns 163,263 shares of the company’s stock valued at $2,919,000 after acquiring an additional 15,900 shares during the last quarter. Spark Investment Management LLC bought a new position in NI Holdings in the second quarter worth about $253,000. Bank of New York Mellon Corp bought a new position in NI Holdings in the second quarter worth about $640,000. Finally, Rhumbline Advisers bought a new position in NI Holdings in the second quarter worth about $188,000. 30.95% of the stock is owned by hedge funds and other institutional investors.
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NI Holdings, Inc. (NASDAQ NODK) traded down 1.73% during trading on Friday, reaching $16.51. 19,208 shares of the company were exchanged. The company’s 50-day moving average price is $17.03 and its 200-day moving average price is $16.80. The stock has a market capitalization of $368.39 million and a P/E ratio of 75.05. NI Holdings, Inc. has a 1-year low of $14.00 and a 1-year high of $18.80.
NI Holdings (NASDAQ:NODK) last posted its quarterly earnings results on Friday, August 11th. The company reported $0.01 EPS for the quarter. The business had revenue of $47.76 million during the quarter.
NI Holdings Company Profile
NI Holdings, Inc is the stock holding company of Nodak Mutual Insurance Company (Nodak Mutual). Nodak Mutual is a mutual insurance company based in North Dakota. It offers property and casualty insurance, crop hail, and multi-peril crop insurance to members of the North Dakota Farm Bureau through captive agents in North Dakota.
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