Shares of PICO Holdings Inc. (NASDAQ:PICO) reached a new 52-week low during trading on Monday . The company traded as low as $12.93 and last traded at $13.15, with a volume of 98200 shares. The stock had previously closed at $13.25.

A number of analysts have commented on the company. BidaskClub raised PICO from a “strong sell” rating to a “sell” rating in a report on Saturday, August 12th. ValuEngine lowered PICO from a “buy” rating to a “hold” rating in a report on Monday, October 2nd.

The firm also recently announced a special dividend, which was paid on Monday, November 20th. Shareholders of record on Monday, November 6th were issued a $5.00 dividend. The ex-dividend date of this dividend was Friday, November 3rd.

Institutional investors have recently bought and sold shares of the business. Nisa Investment Advisors LLC boosted its stake in shares of PICO by 8.7% in the 2nd quarter. Nisa Investment Advisors LLC now owns 8,760 shares of the financial services provider’s stock worth $144,000 after buying an additional 700 shares during the last quarter. Strs Ohio purchased a new position in shares of PICO in the 2nd quarter worth $147,000. American International Group Inc. boosted its stake in shares of PICO by 7.0% in the 1st quarter. American International Group Inc. now owns 13,453 shares of the financial services provider’s stock worth $188,000 after buying an additional 875 shares during the last quarter. UBS Asset Management Americas Inc. boosted its stake in shares of PICO by 49.6% in the 1st quarter. UBS Asset Management Americas Inc. now owns 16,599 shares of the financial services provider’s stock worth $232,000 after buying an additional 5,500 shares during the last quarter. Finally, Citadel Advisors LLC purchased a new position in shares of PICO in the 2nd quarter worth $261,000. 70.18% of the stock is owned by institutional investors and hedge funds.

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About PICO

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.

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