Two Sigma Investments LP Cuts Holdings in Pico Holdings Inc (PICO)

Two Sigma Investments LP decreased its position in shares of Pico Holdings Inc (NASDAQ:PICO) by 75.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,776 shares of the financial services provider’s stock after selling 52,710 shares during the period. Two Sigma Investments LP’s holdings in Pico were worth $153,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Marquette Asset Management LLC bought a new position in Pico during the 4th quarter worth $121,000. PEAK6 Investments LLC increased its position in Pico by 201.5% during the 4th quarter. PEAK6 Investments LLC now owns 15,025 shares of the financial services provider’s stock worth $137,000 after buying an additional 29,824 shares during the period. GSA Capital Partners LLP bought a new position in Pico during the 3rd quarter worth $279,000. Rhumbline Advisers increased its position in Pico by 39.4% during the 4th quarter. Rhumbline Advisers now owns 29,282 shares of the financial services provider’s stock worth $268,000 after buying an additional 8,270 shares during the period. Finally, Mraz Amerine & Associates Inc. increased its position in Pico by 3.1% during the 4th quarter. Mraz Amerine & Associates Inc. now owns 144,238 shares of the financial services provider’s stock worth $1,318,000 after buying an additional 4,375 shares during the period. Hedge funds and other institutional investors own 69.69% of the company’s stock.

PICO stock opened at $10.94 on Wednesday. Pico Holdings Inc has a fifty-two week low of $8.85 and a fifty-two week high of $12.85.

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Pico Profile

PICO Holdings, Inc engages in the water resource and water storage activities in the southwestern United States. It engages in selling its water rights and storage credits in Arizona, Colorado, Nevada, and New Mexico. The Company sells its water rights to real estate developers, power generating facilities, or other commercial and industrial users, as well as to water utilities, municipalities, and other government agencies; and sells its stored water to state agencies, commercial developers, or municipalities for their commercial projects or communities.

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Institutional Ownership by Quarter for Pico (NASDAQ:PICO)

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