Bank of New York Mellon Corp cut its position in Citizens, Inc. (NYSE:CIA) by 0.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 217,768 shares of the insurance provider’s stock after selling 925 shares during the quarter. Bank of New York Mellon Corp owned 0.43% of Citizens worth $1,607,000 as of its most recent filing with the Securities and Exchange Commission.
Separately, Schwab Charles Investment Management Inc. boosted its stake in Citizens by 0.5% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 182,985 shares of the insurance provider’s stock valued at $1,351,000 after acquiring an additional 969 shares during the last quarter. Institutional investors own 20.68% of the company’s stock.
Separately, BidaskClub upgraded shares of Citizens from a “hold” rating to a “buy” rating in a research note on Sunday, July 16th.
Citizens, Inc. (NYSE:CIA) opened at 7.39 on Thursday. Citizens, Inc. has a 1-year low of $5.86 and a 1-year high of $11.93. The company has a market capitalization of $370.10 million, a P/E ratio of 67.18 and a beta of 1.11. The firm’s 50-day moving average is $7.59 and its 200-day moving average is $7.18.
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Citizens, Inc is an insurance holding company. The Company operates in three business segments: Life Insurance, Home Service and Other Non-Insurance Enterprises. The Life Insurance segment issues ordinary whole life insurance in the United States and in the United States Dollar-denominated amounts to foreign residents.
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