Citizens (NYSE:CIA) Stock Price Passes Above 200 Day Moving Average – Time to Sell?

Citizens, Inc. (NYSE:CIA) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $5.34 and traded as high as $5.50. Citizens shares last traded at $5.46, with a volume of 89,441 shares trading hands.

Analyst Upgrades and Downgrades

CIA has been the subject of a number of research analyst reports. Weiss Ratings upgraded Citizens from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 11th. Wall Street Zen cut Citizens from a “buy” rating to a “hold” rating in a research note on Sunday, March 29th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Citizens Price Performance

The stock has a 50 day simple moving average of $5.21 and a 200-day simple moving average of $5.34. The firm has a market cap of $274.64 million, a PE ratio of 15.60 and a beta of 0.47.

Citizens (NYSE:CIA) last posted its earnings results on Thursday, March 12th. The insurance provider reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.03. The business had revenue of $70.19 million during the quarter, compared to analyst estimates of $67.89 million. Citizens had a return on equity of 7.21% and a net margin of 7.12%. As a group, equities analysts predict that Citizens, Inc. will post 0.31 EPS for the current fiscal year.

Insider Activity at Citizens

In other Citizens news, CEO Jon Stenberg bought 10,000 shares of Citizens stock in a transaction on Thursday, May 21st. The stock was acquired at an average price of $4.82 per share, with a total value of $48,200.00. Following the acquisition, the chief executive officer owned 327,574 shares in the company, valued at approximately $1,578,906.68. This trade represents a 3.15% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last three months, insiders acquired 20,100 shares of company stock valued at $96,753. 1.60% of the stock is currently owned by company insiders.

Institutional Trading of Citizens

Several large investors have recently modified their holdings of the company. JPMorgan Chase & Co. grew its holdings in shares of Citizens by 4.6% in the third quarter. JPMorgan Chase & Co. now owns 42,753 shares of the insurance provider’s stock worth $224,000 after acquiring an additional 1,866 shares during the period. Nuveen LLC grew its holdings in shares of Citizens by 4.3% in the fourth quarter. Nuveen LLC now owns 61,184 shares of the insurance provider’s stock worth $296,000 after acquiring an additional 2,521 shares during the period. Deutsche Bank AG grew its holdings in shares of Citizens by 7.1% in the fourth quarter. Deutsche Bank AG now owns 40,968 shares of the insurance provider’s stock worth $198,000 after acquiring an additional 2,715 shares during the period. Price T Rowe Associates Inc. MD grew its holdings in shares of Citizens by 6.7% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 70,353 shares of the insurance provider’s stock worth $340,000 after acquiring an additional 4,420 shares during the period. Finally, Bank of America Corp DE grew its holdings in shares of Citizens by 31.5% in the third quarter. Bank of America Corp DE now owns 19,123 shares of the insurance provider’s stock worth $100,000 after acquiring an additional 4,582 shares during the period. Institutional investors own 13.73% of the company’s stock.

About Citizens

Citizens, Inc (NYSE:CIA) is a bank holding company headquartered in Conway, Arkansas. Through its wholly owned subsidiary, Citizens Bank of Northern Arkansas, the company provides commercial and consumer banking services to individuals, small businesses and corporate clients across Northern and Central Arkansas.

Citizens offers a range of deposit products, including checking accounts, savings accounts and certificates of deposit, alongside lending solutions such as residential mortgages, commercial real estate loans and consumer installment loans.