Ajo LP lifted its stake in shares of PICO Holdings Inc. (NASDAQ:PICO) by 1.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 100,487 shares of the financial services provider’s stock after buying an additional 1,700 shares during the quarter. Ajo LP owned about 0.44% of PICO Holdings worth $1,759,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Royce & Associates LP boosted its stake in PICO Holdings by 2.3% during the second quarter. Royce & Associates LP now owns 1,409,489 shares of the financial services provider’s stock worth $24,666,000 after acquiring an additional 32,000 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in PICO Holdings by 8.3% during the first quarter. Dimensional Fund Advisors LP now owns 1,189,055 shares of the financial services provider’s stock worth $16,647,000 after acquiring an additional 91,190 shares in the last quarter. Vanguard Group Inc. boosted its stake in PICO Holdings by 5.6% during the first quarter. Vanguard Group Inc. now owns 938,775 shares of the financial services provider’s stock worth $13,143,000 after acquiring an additional 49,743 shares in the last quarter. Robotti Robert boosted its stake in PICO Holdings by 1.8% during the second quarter. Robotti Robert now owns 236,695 shares of the financial services provider’s stock worth $4,012,000 after acquiring an additional 4,105 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in PICO Holdings by 10.0% during the first quarter. Geode Capital Management LLC now owns 180,106 shares of the financial services provider’s stock worth $2,521,000 after acquiring an additional 16,427 shares in the last quarter. Institutional investors own 71.14% of the company’s stock.

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Shares of PICO Holdings Inc. (NASDAQ PICO) opened at 16.45 on Wednesday. The company’s market cap is $380.60 million. The company’s 50-day moving average is $16.44 and its 200 day moving average is $16.10. PICO Holdings Inc. has a 1-year low of $10.16 and a 1-year high of $17.95.

PICO Holdings (NASDAQ:PICO) last posted its earnings results on Wednesday, August 9th. The financial services provider reported $0.06 EPS for the quarter. The business had revenue of $8.63 million for the quarter. PICO Holdings had a negative net margin of 2.23% and a negative return on equity of 0.68%. Equities analysts anticipate that PICO Holdings Inc. will post ($1.45) EPS for the current year.

Separately, BidaskClub raised shares of PICO Holdings from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 12th.

PICO Holdings Company Profile

PICO Holdings, Inc (PICO) is a holding company. The Company’s segments include Water Resource and Water Storage Operations; Real Estate Operations, and Corporate. Its subsidiary, Vidler Water Company, Inc (Vidler), owns water resources and water storage operations in the southwestern United States, with assets and operations in Nevada, Arizona, Colorado and New Mexico.

Institutional Ownership by Quarter for PICO Holdings (NASDAQ:PICO)

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