Citizens (NYSE:CIA) was upgraded by stock analysts at ValuEngine from a “hold” rating to a “buy” rating in a report released on Friday.
Separately, BidaskClub cut shares of Citizens from a “buy” rating to a “hold” rating in a research report on Thursday, August 24th.
Citizens (CIA) traded down $0.55 during mid-day trading on Friday, reaching $8.05. 112,726 shares of the company were exchanged, compared to its average volume of 111,379. Citizens has a twelve month low of $5.86 and a twelve month high of $11.93.
Hedge funds have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. acquired a new position in Citizens during the 2nd quarter worth approximately $166,000. Vanguard Group Inc. increased its position in Citizens by 3.9% in the 2nd quarter. Vanguard Group Inc. now owns 1,916,392 shares of the insurance provider’s stock valued at $14,143,000 after acquiring an additional 71,183 shares during the period. Northern Trust Corp increased its position in Citizens by 3.3% in the 2nd quarter. Northern Trust Corp now owns 521,886 shares of the insurance provider’s stock valued at $3,851,000 after acquiring an additional 16,444 shares during the period. Hancock Holding Co. acquired a new position in Citizens in the 2nd quarter valued at approximately $225,000. Finally, State Street Corp increased its position in Citizens by 6.4% in the 2nd quarter. State Street Corp now owns 856,251 shares of the insurance provider’s stock valued at $6,322,000 after acquiring an additional 51,642 shares during the period. Institutional investors and hedge funds own 20.36% of the company’s stock.
TRADEMARK VIOLATION NOTICE: “Citizens (CIA) Stock Rating Upgraded by ValuEngine” was reported by American Banking News and is the property of of American Banking News. If you are accessing this article on another domain, it was stolen and republished in violation of United States & international copyright & trademark legislation. The legal version of this article can be read at https://www.americanbankingnews.com/2017/12/03/citizens-cia-stock-rating-upgraded-by-valuengine.html.
Citizens Company Profile
Citizens, Inc is an insurance holding company. The Company operates in three business segments: Life Insurance, Home Service and Other Non-Insurance Enterprises. The Life Insurance segment issues ordinary whole life insurance in the United States and in the United States Dollar-denominated amounts to foreign residents.
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Citizens Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Citizens Inc. and related companies with MarketBeat.com's FREE daily email newsletter.