Sei Investments Co. increased its stake in Pico Holdings Inc (NASDAQ:PICO) by 7.1% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 39,830 shares of the financial services provider’s stock after acquiring an additional 2,635 shares during the period. Sei Investments Co. owned approximately 0.17% of Pico worth $665,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Strs Ohio acquired a new stake in shares of Pico in the second quarter worth approximately $147,000. Nisa Investment Advisors LLC boosted its position in shares of Pico by 8.7% in the second quarter. Nisa Investment Advisors LLC now owns 8,760 shares of the financial services provider’s stock worth $144,000 after acquiring an additional 700 shares during the last quarter. Citadel Advisors LLC acquired a new stake in shares of Pico in the second quarter worth approximately $261,000. Virtu KCG Holdings LLC acquired a new stake in shares of Pico in the second quarter worth approximately $261,000. Finally, Voya Investment Management LLC boosted its position in shares of Pico by 8.1% in the second quarter. Voya Investment Management LLC now owns 17,259 shares of the financial services provider’s stock worth $302,000 after acquiring an additional 1,300 shares during the last quarter. 70.18% of the stock is currently owned by institutional investors and hedge funds.
Several equities research analysts recently issued reports on the stock. ValuEngine cut shares of Pico from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. BidaskClub cut shares of Pico from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 26th.
The firm also recently declared a special dividend, which was paid on Monday, November 20th. Shareholders of record on Monday, November 6th were given a dividend of $5.00 per share. The ex-dividend date was Friday, November 3rd.
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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