A Reversal for PICO Holdings Inc (PICO) Is Not Near. The Stock Declines Again

August 11, 2017 - By Peter Erickson

Investors sentiment decreased to 1.28 in 2016 Q4. Its down 0.39, from 1.67 in 2016Q3. It is negative, as 8 investors sold PICO Holdings Inc shares while 28 reduced holdings. 12 funds opened positions while 34 raised stakes. 17.00 million shares or 6.58% less from 18.20 million shares in 2016Q3 were reported.
Vanguard Group Incorporated Inc holds 889,032 shares. Amer Intll Gp accumulated 12,578 shares. Sei Investments holds 0% of its portfolio in PICO Holdings Inc (NASDAQ:PICO) for 37,225 shares. State Board Of Administration Of Florida Retirement Systems has invested 0% in PICO Holdings Inc (NASDAQ:PICO). Leisure Management holds 0.45% in PICO Holdings Inc (NASDAQ:PICO) or 32,837 shares. River Road Asset Mgmt Ltd has invested 0.48% in PICO Holdings Inc (NASDAQ:PICO). Fmr Ltd Co accumulated 48,568 shares or 0% of the stock. Centaur Capital Partners Lp accumulated 1.14% or 35,000 shares. Ameriprise invested in 578,254 shares or 0% of the stock. First Tru Advisors L P owns 182,865 shares. Eam Limited Liability Company holds 0.26% or 127,127 shares. Barclays Public Ltd holds 0% of its portfolio in PICO Holdings Inc (NASDAQ:PICO) for 546 shares. California Employees Retirement has 0% invested in PICO Holdings Inc (NASDAQ:PICO) for 17,100 shares. Bandera Prns Ltd Liability Corp holds 967,052 shares or 9.39% of its portfolio. Kbc Grp Nv has 13,943 shares.

The stock of PICO Holdings Inc (NASDAQ:PICO) is a huge mover today! About 75,483 shares traded or 5.81% up from the average. PICO Holdings Inc (NASDAQ:PICO) has risen 86.86% since August 11, 2016 and is uptrending. It has outperformed by 70.16% the S&P500.
The move comes after 5 months negative chart setup for the $377.37 million company. It was reported on Aug, 11 by Barchart.com. We have $15.37 PT which if reached, will make NASDAQ:PICO worth $22.64 million less.

More notable recent PICO Holdings Inc (NASDAQ:PICO) news were published by: Globenewswire.com which released: “PICO Holdings, Inc. Announces Results for the Second Quarter of 2017” on August 09, 2017, also Seekingalpha.com with their article: “PICO Holdings – Margin Of Safety Still Strong, Catalysts Remain In Place” published on March 15, 2017, Globenewswire.com published: “PICO Holdings, Inc. Announces an Agreement for the Sale of 50000 Additional …” on December 29, 2016. More interesting news about PICO Holdings Inc (NASDAQ:PICO) were released by: Seekingalpha.com and their article: “Lawndale Capital Management Announces Voting Intent On PICO Holdings’ 2017 …” published on May 01, 2017 as well as Globenewswire.com‘s news article titled: “PICO Holdings, Inc. Concludes Board Refreshment Process” with publication date: January 30, 2017.

PICO Holdings, Inc. is a holding company. The company has market cap of $377.37 million. The Company’s divisions include Water Resource and Water Storage Operations; Real Estate Operations, and Corporate. It currently has negative earnings. The Company’s subsidiary, Vidler Water Company, Inc. (Vidler), owns water resources and water storage activities in the southwestern United States, with assets and activities in Nevada, Arizona, Colorado and New Mexico.

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