BidaskClub upgraded shares of WMIH (NASDAQ:WMIH) from a hold rating to a buy rating in a report released on Wednesday.

Separately, TheStreet raised shares of WMIH from a d+ rating to a c- rating in a research report on Monday, February 26th.

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WMIH stock opened at $1.49 on Wednesday. WMIH has a 52-week low of $0.60 and a 52-week high of $1.61.

A number of institutional investors have recently modified their holdings of the business. Deutsche Bank AG grew its position in WMIH by 140.5% during the 4th quarter. Deutsche Bank AG now owns 437,018 shares of the financial services provider’s stock worth $370,000 after purchasing an additional 255,303 shares during the last quarter. Citadel Advisors LLC lifted its stake in shares of WMIH by 228.8% in the 4th quarter. Citadel Advisors LLC now owns 149,685 shares of the financial services provider’s stock worth $127,000 after acquiring an additional 104,166 shares during the period. SG Americas Securities LLC lifted its stake in shares of WMIH by 1,613.5% in the 4th quarter. SG Americas Securities LLC now owns 453,934 shares of the financial services provider’s stock worth $385,000 after acquiring an additional 427,442 shares during the period. Scoggin Management LP lifted its stake in shares of WMIH by 14.4% in the 3rd quarter. Scoggin Management LP now owns 5,729,015 shares of the financial services provider’s stock worth $5,443,000 after acquiring an additional 720,782 shares during the period. Finally, Wells Fargo & Company MN lifted its stake in shares of WMIH by 39.0% in the 3rd quarter. Wells Fargo & Company MN now owns 284,661 shares of the financial services provider’s stock worth $270,000 after acquiring an additional 79,883 shares during the period. 37.74% of the stock is currently owned by institutional investors.

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WMIH Company Profile

WMIH Corp., through its subsidiary, WM Mortgage Reinsurance Company, Inc, engages in reinsurance business with respect to mortgage insurance 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.

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