Mraz Amerine & Associates Inc. cut its position in shares of Pico Holdings Inc. (NASDAQ:PICO) by 0.8% during the second quarter, Holdings Channel reports. The fund owned 124,217 shares of the company’s stock after selling 1,043 shares during the period. Mraz Amerine & Associates Inc.’s holdings in Pico Holdings were worth $1,175,000 at the end of the most recent quarter.
Other large investors also recently bought and sold shares of the company. Benchmark Capital Advisors acquired a new position in shares of Pico Holdings during the first quarter valued at $102,000. Squarepoint Ops LLC acquired a new position in shares of Pico Holdings during the first quarter valued at $141,000. Boothbay Fund Management LLC increased its position in shares of Pico Holdings by 1.6% in the first quarter. Boothbay Fund Management LLC now owns 27,703 shares of the company’s stock valued at $283,000 after buying an additional 427 shares during the period. Geode Capital Management LLC increased its position in shares of Pico Holdings by 0.9% in the first quarter. Geode Capital Management LLC now owns 154,451 shares of the company’s stock valued at $1,580,000 after buying an additional 1,368 shares during the period. Finally, Robotti Robert increased its position in shares of Pico Holdings by 2.9% in the first quarter. Robotti Robert now owns 214,550 shares of the company’s stock valued at $2,195,000 after buying an additional 6,065 shares during the period. 79.41% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Pico Holdings Inc. (NASDAQ:PICO) traded down 2.23% on Monday, reaching $11.41. The company’s stock had a trading volume of 64,661 shares. The stock has a 50-day moving average of $10.75 and a 200 day moving average of $9.99. Pico Holdings Inc. has a 1-year low of $7.82 and a 1-year high of $11.92. The stock’s market capitalization is $262.95 million.
Pico Holdings (NASDAQ:PICO) last announced its earnings results on Monday, August 8th. The company reported ($0.15) EPS for the quarter. Pico Holdings had a negative return on equity of 2.43% and a negative net margin of 7.51%. The business had revenue of $83.70 million for the quarter, compared to analyst estimates of $35.10 million. On average, equities analysts forecast that Pico Holdings Inc. will post ($1.45) EPS for the current year.
About Pico Holdings
PICO Holdings, Inc (PICO) is a holding company. The Company’s segments include Water Resource and Water Storage Operations; Real Estate Operations, and Corporate. PICO’s subsidiary, Vidler Water Company, Inc (Vidler), acquires and develops water resources and water storage operations in the southwestern United States, with assets and operations in Nevada, Arizona, Colorado and New Mexico.
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