Barclays PLC Grows Stock Position in Citizens, Inc. (NYSE:CIA)

Barclays PLC increased its holdings in Citizens, Inc. (NYSE:CIA) by 24.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 52,379 shares of the insurance provider’s stock after acquiring an additional 10,267 shares during the period. Barclays PLC owned approximately 0.11% of Citizens worth $189,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Citizens in the 3rd quarter worth approximately $82,000. Empowered Funds LLC raised its position in Citizens by 5.3% in the third quarter. Empowered Funds LLC now owns 138,281 shares of the insurance provider’s stock valued at $501,000 after purchasing an additional 6,968 shares during the period. Finally, First Eagle Investment Management LLC lifted its stake in Citizens by 26.8% during the second quarter. First Eagle Investment Management LLC now owns 418,923 shares of the insurance provider’s stock worth $1,139,000 after purchasing an additional 88,415 shares in the last quarter. Institutional investors and hedge funds own 13.73% of the company’s stock.

Citizens Price Performance

Shares of NYSE:CIA opened at $4.31 on Tuesday. The firm has a market capitalization of $215.10 million, a PE ratio of 10.02 and a beta of 0.12. Citizens, Inc. has a 1 year low of $1.78 and a 1 year high of $5.95. The firm’s 50-day moving average is $4.39 and its two-hundred day moving average is $3.68.

Wall Street Analyst Weigh In

Separately, Singular Research upgraded Citizens to a “strong-buy” rating in a report on Monday, November 18th.

Citizens Company Profile

Citizens, Inc provides life insurance products in the United States and internationally. The company 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 non-U.S.