Dupont Capital Management Corp raised its position in WMIH Corp (NASDAQ:WMIH) by 220.0% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 627,793 shares of the financial services provider’s stock after buying an additional 431,621 shares during the period. Dupont Capital Management Corp’s holdings in WMIH were worth $873,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Regent Investment Management LLC boosted its position in WMIH by 1,641.8% in the 3rd quarter. Regent Investment Management LLC now owns 174,180 shares of the financial services provider’s stock valued at $242,000 after buying an additional 164,180 shares during the last quarter. State Board of Administration of Florida Retirement System boosted its position in WMIH by 498.7% in the 3rd quarter. State Board of Administration of Florida Retirement System now owns 346,831 shares of the financial services provider’s stock valued at $472,000 after buying an additional 288,901 shares during the last quarter. Wells Fargo & Company MN boosted its position in WMIH by 110.0% in the 3rd quarter. Wells Fargo & Company MN now owns 641,660 shares of the financial services provider’s stock valued at $892,000 after buying an additional 336,179 shares during the last quarter. Zweig DiMenna Associates LLC bought a new position in WMIH in the 3rd quarter valued at $1,163,000. Finally, MYDA Advisors LLC bought a new position in WMIH in the 2nd quarter valued at $1,206,000. Hedge funds and other institutional investors own 36.61% of the company’s stock.

NASDAQ:WMIH opened at $1.31 on Monday. WMIH Corp has a 12-month low of $0.60 and a 12-month high of $1.67.

WMIH has been the topic of a number of recent research reports. BidaskClub upgraded WMIH from a “strong sell” rating to a “sell” rating in a research report on Saturday, July 28th. Credit Suisse Group initiated coverage on WMIH in a research report on Tuesday, July 31st. They issued an “outperform” rating and a $1.85 price objective on the stock. Keefe, Bruyette & Woods initiated coverage on WMIH in a research report on Tuesday, July 31st. They issued an “outperform” rating and a $1.80 price objective on the stock. Barclays reiterated a “sell” rating and issued a $1.50 price objective on shares of WMIH in a research report on Wednesday, August 1st. Finally, Wedbush initiated coverage on WMIH in a research report on Thursday, August 23rd. They issued an “outperform” rating and a $1.90 price objective on the stock. Three research analysts have rated the stock with a sell rating and three have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $1.66.

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WMIH Company Profile

WMIH Corp., through its subsidiary, WM Mortgage Reinsurance Company, Inc, engages in legacy reinsurance business with respect to mortgage insurance operated in runoff mode. The company was formerly known as WMI Holdings Corp. and changed its name to WMIH Corp. in May 2015. WMIH Corp. was founded in 1889 and is headquartered in Seattle, Washington.

Further Reading: Earnings Reports

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Institutional Ownership by Quarter for WMIH (NASDAQ:WMIH)

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