China Life Insurance coverage (NYSE:LFC – Get Score) was downgraded by StockNews.com from a “purchase” score to a “maintain” score in a word issued to buyers on Friday.
Individually, Zacks Funding Analysis raised shares of China Life Insurance coverage from a “robust promote” score to a “maintain” score in a analysis word on Wednesday.
NYSE LFC traded up $0.33 throughout buying and selling hours on Friday, hitting $7.99. 943,982 shares of the corporate’s inventory traded fingers, in comparison with its common quantity of 773,566. China Life Insurance coverage has a 52-week low of $6.99 and a 52-week excessive of $10.79. The corporate has a market capitalization of $45.17 billion, a PE ratio of 5.67, a PEG ratio of 0.37 and a beta of 0.92. The agency’s 50-day shifting common is $8.58 and its 200-day shifting common is $8.55.
A number of hedge funds have just lately purchased and bought shares of LFC. Geode Capital Administration LLC bought a brand new stake in shares of China Life Insurance coverage within the 2nd quarter valued at $146,000. LPL Monetary LLC acquired a brand new place in China Life Insurance coverage through the 2nd quarter value $118,000. Goldman Sachs Group Inc. grew its stake in China Life Insurance coverage by 2.6% through the 2nd quarter. Goldman Sachs Group Inc. now owns 268,985 shares of the monetary providers supplier’s inventory value $2,676,000 after buying a further 6,698 shares within the final quarter. State Avenue Corp grew its stake in China Life Insurance coverage by 14.7% through the 2nd quarter. State Avenue Corp now owns 16,574 shares of the monetary providers supplier’s inventory value $165,000 after buying a further 2,120 shares within the final quarter. Lastly, Morgan Stanley grew its stake in China Life Insurance coverage by 42.7% through the 2nd quarter. Morgan Stanley now owns 921,154 shares of the monetary providers supplier’s inventory value $9,165,000 after buying a further 275,820 shares within the final quarter. Hedge funds and different institutional buyers personal 8.12% of the corporate’s inventory.
China Life Insurance coverage Firm Profile (Get Score)
China Life Insurance coverage Firm Restricted, along with its subsidiaries, operates as a life insurance coverage firm within the Folks’s Republic of China. It operates in 4 segments: Life Insurance coverage Enterprise, Well being Insurance coverage Enterprise, Accident Insurance coverage Enterprise, and Different Companies. The corporate presents particular person and group life, annuity merchandise, accident, and medical insurance merchandise.
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