Clarus Wealth Advisors Buys New Stake in Pico Holdings Inc (PICO)

Clarus Wealth Advisors purchased a new stake in shares of Pico Holdings Inc (NASDAQ:PICO) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 16,222 shares of the financial services provider’s stock, valued at approximately $208,000. Clarus Wealth Advisors owned about 0.07% of Pico as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Acadian Asset Management LLC bought a new position in Pico in the fourth quarter worth $110,000. Schwab Charles Investment Management Inc. lifted its holdings in shares of Pico by 8.7% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 92,673 shares of the financial services provider’s stock valued at $1,187,000 after acquiring an additional 7,447 shares during the period. Nisa Investment Advisors LLC lifted its holdings in shares of Pico by 122.6% during the fourth quarter. Nisa Investment Advisors LLC now owns 19,500 shares of the financial services provider’s stock valued at $250,000 after acquiring an additional 10,740 shares during the period. Royce & Associates LP lifted its holdings in shares of Pico by 2.4% during the third quarter. Royce & Associates LP now owns 1,442,689 shares of the financial services provider’s stock valued at $24,093,000 after acquiring an additional 33,200 shares during the period. Finally, KBC Group NV lifted its holdings in shares of Pico by 1,637.1% during the third quarter. KBC Group NV now owns 69,206 shares of the financial services provider’s stock valued at $1,156,000 after acquiring an additional 65,222 shares during the period. Institutional investors own 70.25% of the company’s stock.

A number of research analysts recently issued reports on the company. TheStreet cut Pico from a “c” rating to a “d” rating in a report on Friday, December 22nd. BidaskClub cut Pico from a “sell” rating to a “strong sell” rating in a report on Tuesday, December 26th.

Shares of Pico Holdings Inc (NASDAQ PICO) opened at $12.55 on Thursday. Pico Holdings Inc has a 12-month low of $12.10 and a 12-month high of $20.20.

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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)

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