Van Den Berg Management I Inc. trimmed its position in Pico Holdings Inc (NASDAQ:PICO) by 14.8% during the 4th quarter, Holdings Channel reports. The firm owned 470,221 shares of the financial services provider’s stock after selling 81,393 shares during the period. Van Den Berg Management I Inc.’s holdings in Pico were worth $6,019,000 at the end of the most recent quarter.
A number of other large investors have also recently bought and sold shares of the business. Stone Ridge Asset Management LLC acquired a new position in Pico in the 4th quarter valued at about $359,000. Deutsche Bank AG boosted its holdings in Pico by 45.8% in the 4th quarter. Deutsche Bank AG now owns 223,347 shares of the financial services provider’s stock valued at $2,857,000 after purchasing an additional 70,154 shares during the last quarter. Amundi Pioneer Asset Management Inc. acquired a new position in Pico in the 4th quarter valued at about $27,714,000. Kestrel Investment Management Corp acquired a new position in Pico in the 4th quarter valued at about $2,013,000. Finally, KBC Group NV boosted its holdings in Pico by 147.1% in the 4th quarter. KBC Group NV now owns 171,017 shares of the financial services provider’s stock valued at $2,189,000 after purchasing an additional 101,811 shares during the last quarter. Institutional investors own 70.90% of the company’s stock.
Pico Holdings Inc (NASDAQ PICO) traded down $0.75 during trading hours on Monday, reaching $11.65. 44,287 shares of the company’s stock traded hands, compared to its average volume of 95,774. The firm has a market cap of $287.08, a price-to-earnings ratio of 620.31 and a beta of 1.22. Pico Holdings Inc has a 12 month low of $11.60 and a 12 month high of $20.20.
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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.
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