Shares of Pico Holdings Inc. (NASDAQ:PICO) rose 2.8% during mid-day trading on Tuesday . The stock traded as high as $10.60 and last traded at $10.59, with a volume of 103,198 shares changing hands. The stock had previously closed at $10.30.

The company’s market cap is $244.52 million. The stock’s 50 day moving average is $9.97 and its 200 day moving average is $9.57.

Pico Holdings (NASDAQ:PICO) last announced its quarterly earnings data on Monday, August 8th. The company reported ($0.15) earnings per share for the quarter. The company earned $83.70 million during the quarter, compared to analysts’ expectations of $35.10 million. Equities research analysts predict that Pico Holdings Inc. will post ($1.45) earnings per share for the current year.

A hedge fund recently raised its stake in Pico Holdings stock. First Trust Advisors LP raised its position in Pico Holdings Inc. (NASDAQ:PICO) by 112.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 199,415 shares of the company’s stock after buying an additional 105,671 shares during the period. First Trust Advisors LP owned approximately 0.87% of Pico Holdings worth $2,058,000 as of its most recent SEC filing.

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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