Pico Holdings Inc (NASDAQ:PICO) hit a new 52-week low during trading on Tuesday . The company traded as low as $12.50 and last traded at $12.65, with a volume of 126100 shares changing hands. The stock had previously closed at $13.05.

PICO has been the topic of a number of recent analyst reports. BidaskClub downgraded shares of Pico from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 26th. ValuEngine downgraded shares of Pico from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd.

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

Large investors have recently made changes to their positions in the business. Royce & Associates LP grew its position in shares of Pico by 2.4% in the 3rd quarter. Royce & Associates LP now owns 1,442,689 shares of the financial services provider’s stock valued at $24,093,000 after buying an additional 33,200 shares during the last quarter. KBC Group NV grew its position in shares of Pico by 1,637.1% in the 3rd quarter. KBC Group NV now owns 69,206 shares of the financial services provider’s stock valued at $1,156,000 after buying an additional 65,222 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Pico by 1.9% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,319,903 shares of the financial services provider’s stock valued at $22,043,000 after buying an additional 24,576 shares during the last quarter. Wells Fargo & Company MN grew its position in shares of Pico by 3.1% in the 3rd quarter. Wells Fargo & Company MN now owns 260,580 shares of the financial services provider’s stock valued at $4,351,000 after buying an additional 7,728 shares during the last quarter. Finally, Citadel Advisors LLC grew its position in shares of Pico by 133.5% in the 3rd quarter. Citadel Advisors LLC now owns 34,851 shares of the financial services provider’s stock valued at $582,000 after buying an additional 19,928 shares during the last quarter. 70.18% of the stock is currently owned by institutional investors.

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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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