Russell Investments Group Ltd. Sells 3,300 Shares of Pico Holdings Inc (PICO)

Russell Investments Group Ltd. decreased its holdings in shares of Pico Holdings Inc (NASDAQ:PICO) by 7.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 41,034 shares of the financial services provider’s stock after selling 3,300 shares during the period. Russell Investments Group Ltd. owned about 0.18% of Pico worth $686,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Sei Investments Co. boosted its holdings in shares of Pico by 7.1% during the third quarter. Sei Investments Co. now owns 39,830 shares of the financial services provider’s stock valued at $665,000 after acquiring an additional 2,635 shares during the period. NFC Investments LLC boosted its holdings in shares of Pico by 2.3% during the second quarter. NFC Investments LLC now owns 454,204 shares of the financial services provider’s stock valued at $7,949,000 after acquiring an additional 10,000 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in shares of Pico by 6.6% during the second quarter. The Manufacturers Life Insurance Company now owns 19,942 shares of the financial services provider’s stock valued at $349,000 after acquiring an additional 1,230 shares during the period. State Street Corp boosted its holdings in shares of Pico by 8.3% during the second quarter. State Street Corp now owns 450,994 shares of the financial services provider’s stock valued at $7,896,000 after acquiring an additional 34,399 shares during the period. Finally, Goldman Sachs Group Inc. boosted its holdings in shares of Pico by 43.7% during the second quarter. Goldman Sachs Group Inc. now owns 38,907 shares of the financial services provider’s stock valued at $681,000 after acquiring an additional 11,826 shares during the period. Hedge funds and other institutional investors own 70.12% of the company’s stock.

Several equities analysts have recently issued reports on PICO shares. BidaskClub downgraded shares of Pico from a “sell” rating to a “strong sell” rating in a report on Tuesday, December 12th. TheStreet downgraded shares of Pico from a “c” rating to a “d” rating in a report on Friday, December 22nd. Finally, 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 $12.60 on Wednesday. Pico Holdings Inc has a 1-year low of $12.30 and a 1-year high of $20.20. The stock has a market cap of $296.28, a price-to-earnings ratio of -40.64 and a beta of 1.24.

TRADEMARK VIOLATION WARNING: This report was first published by Chaffey Breeze and is owned by of Chaffey Breeze. If you are accessing this report on another site, it was illegally stolen and republished in violation of international copyright laws. The original version of this report can be read at https://www.chaffeybreeze.com/2018/01/03/russell-investments-group-ltd-sells-3300-shares-of-pico-holdings-inc-pico.html.

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.

Institutional Ownership by Quarter for Pico (NASDAQ:PICO)

Receive News & 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 companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply