Pico (NASDAQ:PICO) was downgraded by stock analysts at TheStreet from a “c” rating to a “d” rating in a research note issued on Friday.

A number of other brokerages also recently issued reports on PICO. ValuEngine downgraded shares of Pico from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. BidaskClub downgraded shares of Pico from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 26th.

Pico (NASDAQ:PICO) opened at $12.60 on Friday. Pico has a 12-month low of $12.30 and a 12-month high of $20.20. The stock has a market cap of $297.44, a P/E ratio of -40.64 and a beta of 1.23.

Large investors have recently added to or reduced their stakes in the business. Benchmark Capital Advisors purchased a new stake in Pico during the 1st quarter worth approximately $102,000. Squarepoint Ops LLC purchased a new stake in Pico during the 1st quarter worth approximately $141,000. Nisa Investment Advisors LLC grew its position in Pico by 8.7% during the 2nd quarter. Nisa Investment Advisors LLC now owns 8,760 shares of the financial services provider’s stock worth $144,000 after purchasing an additional 700 shares during the last quarter. Strs Ohio purchased a new stake in Pico during the 2nd quarter worth approximately $147,000. Finally, KBC Group NV grew its position in Pico by 150.9% during the 3rd quarter. KBC Group NV now owns 13,943 shares of the financial services provider’s stock worth $164,000 after purchasing an additional 8,385 shares during the last quarter. 70.12% of the stock is currently owned by institutional investors.

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Pico Company Profile

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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