Boothbay Fund Management LLC cut its holdings in Pico Holdings Inc (NASDAQ:PICO) by 29.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,379 shares of the financial services provider’s stock after selling 6,552 shares during the period. Boothbay Fund Management LLC owned about 0.07% of Pico worth $257,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of PICO. Dimensional Fund Advisors LP increased its holdings in shares of Pico by 8.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,295,327 shares of the financial services provider’s stock worth $22,668,000 after buying an additional 106,272 shares during the last quarter. KBC Group NV increased its holdings 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 worth $1,156,000 after buying an additional 65,222 shares during the last quarter. Vanguard Group Inc. grew its holdings in Pico by 5.6% during the 1st quarter. Vanguard Group Inc. now owns 938,775 shares of the financial services provider’s stock valued at $13,143,000 after purchasing an additional 49,743 shares during the last quarter. State Street Corp grew its holdings in Pico by 8.3% during the 2nd quarter. State Street Corp now owns 450,994 shares of the financial services provider’s stock valued at $7,896,000 after purchasing an additional 34,399 shares during the last quarter. Finally, Royce & Associates LP grew its holdings in Pico by 2.4% during 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 purchasing an additional 33,200 shares during the last quarter. Hedge funds and other institutional investors own 70.18% of the company’s stock.

Several equities analysts recently commented on PICO shares. BidaskClub downgraded shares of Pico from a “sell” rating to a “strong sell” rating in a report on Tuesday. ValuEngine downgraded shares of Pico from a “buy” rating to a “hold” rating in a report on Monday, October 2nd.

Pico Holdings Inc (NASDAQ PICO) opened at $12.85 on Wednesday. Pico Holdings Inc has a fifty-two week low of $12.30 and a fifty-two week high of $20.20.

The company also recently declared a special dividend, which was paid on Monday, November 20th. Investors of record on Monday, November 6th were issued a dividend of $5.00 per share. The ex-dividend date was Friday, November 3rd.

COPYRIGHT VIOLATION NOTICE: “Boothbay Fund Management LLC Trims Stake in Pico Holdings Inc (PICO)” was first posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this report on another website, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The legal version of this report can be viewed at https://www.thecerbatgem.com/2017/12/13/boothbay-fund-management-llc-trims-stake-in-pico-holdings-inc-pico.html.

Pico 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 (NASDAQ:PICO)

Receive News & Stock Ratings for Pico Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pico and related stocks with our FREE daily email newsletter.