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2017 Press Releases

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05/03/17PICO Holdings, Inc. Announces 2017 First Quarter Results From Continuing Operations
LA JOLLA, Calif., May 03, 2017 (GLOBE NEWSWIRE) -- PICO Holdings, Inc. (NASDAQ:PICO) reported the following selected financial results from continuing operations for its first quarter ended March 31, 2017. Complete first quarter results, including results attributable to the Company’s 56.7% owned subsidiary UCP, Inc. (NYSE:UCP), will be reported in the Company’s March 31, 2017 Form 10-Q filed with the SEC on or around May 5, 2017.  In the Company’s consolidated financial statements beginning w... 
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04/11/17PICO Holdings, Inc. Announces Its Majority Owned Subsidiary, UCP, Inc., Agrees to a Business Combination With Century Communities, Inc.
LA JOLLA, Calif., April 11, 2017 (GLOBE NEWSWIRE) -- PICO Holdings, Inc. (NASDAQ:PICO) today announced that its majority owned subsidiary, UCP, Inc., (NYSE.UCP) has entered into a definitive agreement with Century Communities, Inc. (NYSE.CCS), a leading homebuilder of single - family homes, townhomes and flats in select U.S. markets, pursuant to which the two companies have agreed to merge in a stock-and-cash transaction. The agreement has been approved by the boards of directors of both compa... 
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03/30/17UCP Announces Expansion of Board and Strengthened Corporate Governance
SAN JOSE, Calif., March 30, 2017 (GLOBE NEWSWIRE) -- UCP, Inc. (NYSE: UCP) together with the Company’s largest shareholder, PICO Holdings, Inc. (NASDAQ: PICO), today announce an agreement to nominate Keith M. Locker to the board of directors. In connection with the addition of Mr. Locker the number of directors on the UCP Board will increase from six to seven members, effective as of immediately prior to the 2017 Annual Meeting of Stockholders of UCP. ... 
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03/28/17PICO Holdings, Inc. to Webcast Annual Meeting of Shareholders on May 4th, 2017
LA JOLLA, Calif., March 28, 2017 (GLOBE NEWSWIRE) -- PICO Holdings, Inc. (Nasdaq: PICO) today announced that its 2017 Annual Meeting of Shareholders, being held at the Peppermill Resort Reno, Reno, Nevada, will be webcast live beginning at 09:00 am PT/12:00 pm ET on Thursday, May 4, 2017. Shareholders of record, as of close of business on March 10, 2017, may attend the meeting virtually and submit questions by visiting www.virtualshareholdermeeting.com/PICO2017.  Shareholders will need thei... 
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03/02/17PICO Holdings, Inc. Announces Fourth Quarter and Full Year 2016 Results
LA JOLLA, Calif., March 02, 2017 (GLOBE NEWSWIRE) -- PICO Holdings, Inc. (NASDAQ:PICO) reported results for the fourth quarter and full year ended December 31, 2016.  PICO reported shareholders' equity of $328 million ($14.22 per share) at December 31, 2016, compared to $334.9 million ($14.52 per share) at September 30, 2016 and $346.4 million ($15.04 per share) at December 31, 2015. Fourth Quarter Segment Results of Operations For the fourth quarter of 2016, PICO reported a net loss of $8... 
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02/13/17PICO Holdings, Inc. to Host Investor Conference Call and Webcast on March 2nd at 8:00 a.m. Pacific Time/11:00 a.m. Eastern Time
LA JOLLA, Calif., Feb. 13, 2017 (GLOBE NEWSWIRE) -- PICO Holdings, Inc. (Nasdaq: PICO) today announced that the Company will host an investor conference call and audio webcast on Thursday, March 2, 2017 at 8:00 a.m. Pacific Time/11:00 a.m. Eastern Time to discuss its financial results for the fourth quarter and full year ended December 31, 2016.   To participate on the call please dial 1-844-792-3731 in the U.S. or 1-412-317-5124 outside the U.S., or visit the Investors section of PICO's we... 
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02/07/17PICO Holdings, Inc. Announces Closing of the Sale of 100,000 Long Term Storage Credits in Arizona for Gross Proceeds of $25 Million; Additionally, PICO in Receipt of Final Proceeds of $6 Million From the Sale of Its Canola Seed Crushing Operations
LA JOLLA, Calif., Feb. 07, 2017 (GLOBE NEWSWIRE) -- PICO Holdings, Inc. (NASDAQ:PICO) announced today that its wholly-owned subsidiary, Vidler Water Company, Inc. has closed on two sales totaling 100,000 Long Term Storage Credits stored in the Phoenix Active Management Area of Arizona to the Arizona Water Bank Authority and the Central Arizona Groundwater Replenishment District.  Vidler received aggregate gross proceeds of $25 million from the sales. The Company will record the transactions du... 
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01/30/17PICO Holdings, Inc. Concludes Board Refreshment Process
Agrees to Nominate Bandera Partners’ Greg Bylinsky to the Board LA JOLLA, Calif., Jan. 30, 2017 (GLOBE NEWSWIRE) -- PICO Holdings, Inc. (NASDAQ:PICO) announced today that Mr. Michael Machado has informed the Company that he does not wish to stand for reelection as a director at the Company’s 2017 Annual Meeting of Shareholders (the “Annual Meeting”).  As part of the plan to maintain a Board of five directors following the Annual Meeting, and as a result of an agreement (the “Agreement”) enter... 
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