Empowered Funds LLC Has $583,000 Position in Citizens, Inc. (NYSE:CIA)

Empowered Funds LLC raised its stake in Citizens, Inc. (NYSE:CIA) by 5.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 145,316 shares of the insurance provider’s stock after acquiring an additional 7,035 shares during the period. Empowered Funds LLC owned approximately 0.29% of Citizens worth $583,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of CIA. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Citizens in the third quarter worth $82,000. Ritholtz Wealth Management increased its holdings in Citizens by 6.7% in the 4th quarter. Ritholtz Wealth Management now owns 46,116 shares of the insurance provider’s stock valued at $185,000 after buying an additional 2,901 shares during the period. Barclays PLC raised its position in shares of Citizens by 24.4% in the 3rd quarter. Barclays PLC now owns 52,379 shares of the insurance provider’s stock valued at $189,000 after buying an additional 10,267 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in shares of Citizens by 2.3% during the 3rd quarter. Geode Capital Management LLC now owns 458,886 shares of the insurance provider’s stock worth $1,662,000 after acquiring an additional 10,235 shares during the period. 13.73% of the stock is currently owned by institutional investors.

Citizens Stock Up 2.0 %

Shares of CIA stock opened at $5.48 on Wednesday. The business has a fifty day simple moving average of $4.52 and a 200 day simple moving average of $4.13. The company has a market cap of $273.26 million, a P/E ratio of 12.73 and a beta of 0.13. Citizens, Inc. has a twelve month low of $1.78 and a twelve month high of $5.95.

Analysts Set New Price Targets

Separately, Singular Research raised shares of Citizens to a “strong-buy” rating in a research note on Monday, November 18th.

Citizens 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.