Citizens, Inc. (NYSE:CIA)’s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $6.90 and traded as high as $6.94. Citizens shares last traded at $6.92, with a volume of 2,058 shares.
Separately, ValuEngine upgraded shares of Citizens from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd.
The business’s 50-day moving average price is $6.85 and its 200 day moving average price is $6.90.
Citizens (NYSE:CIA) last issued its quarterly earnings data on Wednesday, November 6th. The insurance provider reported $0.02 earnings per share (EPS) for the quarter. Citizens had a negative return on equity of 3.46% and a negative net margin of 3.15%. The company had revenue of $61.40 million for the quarter.
In related news, insider Wouters Wayne 500,000 shares of the business’s stock in a transaction dated Monday, November 4th. 0.39% of the stock is owned by insiders.
Several hedge funds have recently bought and sold shares of CIA. Charles Schwab Investment Management Inc. raised its stake in Citizens by 2.6% in the second quarter. Charles Schwab Investment Management Inc. now owns 290,635 shares of the insurance provider’s stock valued at $2,122,000 after purchasing an additional 7,376 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Citizens by 12.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 13,588 shares of the insurance provider’s stock worth $98,000 after buying an additional 1,515 shares in the last quarter. California Public Employees Retirement System grew its stake in Citizens by 11.8% in the 3rd quarter. California Public Employees Retirement System now owns 145,888 shares of the insurance provider’s stock worth $1,002,000 after buying an additional 15,398 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Citizens by 1.0% in the 2nd quarter. Vanguard Group Inc. now owns 2,134,186 shares of the insurance provider’s stock worth $15,579,000 after buying an additional 20,375 shares during the last quarter. Finally, Rhumbline Advisers increased its holdings in shares of Citizens by 8.9% in the 3rd quarter. Rhumbline Advisers now owns 78,721 shares of the insurance provider’s stock worth $541,000 after buying an additional 6,440 shares during the last quarter. Institutional investors own 22.11% of the company’s stock.
Citizens Company Profile (NYSE:CIA)
Citizens, Inc, through its subsidiaries, provides life insurance products in the United States and internationally. It operates in two segments, Life Insurance and Home Service Insurance. The Life Insurance segment issues ordinary whole life insurance and endowment policies in the United States dollar-denominated amounts to international residents in approximately 20 countries through 1,110 independent marketing consultants, as well as through approximately 50 independent marketing firms and consultants throughout the United States.
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