Y Intercept Hong Kong Ltd Makes New $92,000 Investment in Citizens, Inc. (NYSE:CIA)

Y Intercept Hong Kong Ltd bought a new position in Citizens, Inc. (NYSE:CIA) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 22,826 shares of the insurance provider’s stock, valued at approximately $92,000.

Several other institutional investors and hedge funds have also recently modified their holdings of CIA. Barclays PLC boosted its stake in Citizens by 24.4% in the 3rd quarter. Barclays PLC now owns 52,379 shares of the insurance provider’s stock worth $189,000 after purchasing an additional 10,267 shares in the last quarter. Geode Capital Management LLC raised its holdings in Citizens by 2.3% in the third quarter. Geode Capital Management LLC now owns 458,886 shares of the insurance provider’s stock worth $1,662,000 after buying an additional 10,235 shares during the last quarter. Empowered Funds LLC lifted its stake in shares of Citizens by 5.3% in the third quarter. Empowered Funds LLC now owns 138,281 shares of the insurance provider’s stock worth $501,000 after buying an additional 6,968 shares in the last quarter. Ritholtz Wealth Management grew its holdings in shares of Citizens by 6.7% during the fourth 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 last quarter. Finally, Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Citizens during the third quarter valued at approximately $82,000. 13.73% of the stock is currently owned by institutional investors.

Citizens Price Performance

Shares of NYSE:CIA opened at $4.64 on Thursday. Citizens, Inc. has a 1 year low of $1.78 and a 1 year high of $5.95. The stock’s fifty day moving average price is $4.75 and its 200-day moving average price is $4.31. The company has a market cap of $231.32 million, a P/E ratio of 10.78 and a beta of 0.13.

Analyst Upgrades and Downgrades

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

About Citizens

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.