California State Teachers Retirement System Has $434,000 Stake in Pico Holdings Inc. (PICO)
California State Teachers Retirement System lowered its stake in Pico Holdings Inc. (NASDAQ:PICO) by 5.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 45,869 shares of the company’s stock after selling 2,879 shares during the period. California State Teachers Retirement System owned about 0.20% of Pico Holdings worth $434,000 as of its most recent filing with the SEC.
A number of other large investors have also bought and sold shares of PICO. Geode Capital Management LLC increased its stake in 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 in the last quarter. Robotti Robert increased its stake in shares of Pico Holdings by 2.9% in the first quarter. Robotti Robert now owns 214,550 shares of the company’s stock worth $2,195,000 after buying an additional 6,065 shares during the period. Boothbay Fund Management LLC increased its stake 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 worth $283,000 after buying an additional 427 shares during the period. Bank of Montreal Can purchased a new stake in shares of Pico Holdings during the second quarter worth $6,702,000. Finally, Bank of New York Mellon Corp increased its stake in shares of Pico Holdings by 9.9% in the second quarter. Bank of New York Mellon Corp now owns 99,659 shares of the company’s stock worth $943,000 after buying an additional 8,959 shares during the period. Institutional investors own 79.41% of the company’s stock.
Shares of Pico Holdings Inc. (NASDAQ:PICO) traded up 1.68% during midday trading on Wednesday, hitting $10.89. The stock had a trading volume of 32,121 shares. Pico Holdings Inc. has a 12-month low of $7.82 and a 12-month high of $11.92. The firm has a 50-day moving average of $11.07 and a 200 day moving average of $10.11. The firm’s market cap is $250.97 million.
Pico Holdings (NASDAQ:PICO) last announced its quarterly earnings data 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 firm earned $83.70 million during the quarter, compared to the consensus estimate of $35.10 million. On average, analysts expect that Pico Holdings Inc. will post ($1.45) earnings per share 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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