StockNews.com lowered shares of Citizens (NYSE:CIA - Free Report) from a hold rating to a sell rating in a research note published on Tuesday morning.
Separately, Singular Research upgraded shares of Citizens to a "strong-buy" rating in a research note on Monday, November 18th.
Read Our Latest Analysis on Citizens
Citizens Stock Down 2.0 %
Shares of CIA traded down $0.11 during midday trading on Tuesday, reaching $5.16. 129,761 shares of the stock were exchanged, compared to its average volume of 87,832. The company has a market cap of $257.27 million, a price-to-earnings ratio of 11.99 and a beta of 0.11. The firm has a 50 day simple moving average of $4.89 and a 200-day simple moving average of $4.45. Citizens has a 12-month low of $1.78 and a 12-month high of $5.95.
Citizens (NYSE:CIA - Get Free Report) last issued its quarterly earnings data on Thursday, March 13th. The insurance provider reported $0.07 EPS for the quarter, missing analysts' consensus estimates of $0.10 by ($0.03). Citizens had a net margin of 8.87% and a return on equity of 11.50%. The company had revenue of $63.47 million for the quarter, compared to analyst estimates of $64.66 million. Research analysts expect that Citizens will post 0.32 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the business. Alpine Global Management LLC bought a new position in Citizens in the 4th quarter valued at $41,000. OMERS ADMINISTRATION Corp bought a new stake in shares of Citizens during the fourth quarter worth approximately $63,000. Point72 Asia Singapore Pte. Ltd. bought a new position in Citizens in the third quarter valued at approximately $82,000. Y Intercept Hong Kong Ltd acquired a new stake in Citizens during the 4th quarter worth $92,000. Finally, Balyasny Asset Management L.P. acquired a new position in shares of Citizens in the 4th quarter valued at $120,000. 13.73% of the stock is owned by institutional investors.
Citizens Company Profile
(
Get Free Report)
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.
Recommended Stories
Before you consider Citizens, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Citizens wasn't on the list.
While Citizens currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
