Citizens, Inc. (NYSE:CIA - Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $3.17 and traded as high as $5.29. Citizens shares last traded at $5.12, with a volume of 86,756 shares.
Citizens Price Performance
The company has a market cap of $251.84 million, a P/E ratio of 11.74 and a beta of 0.11. The stock has a fifty day moving average price of $4.06 and a two-hundred day moving average price of $3.18.
Citizens (NYSE:CIA - Get Free Report) last issued its quarterly earnings results on Tuesday, August 6th. The insurance provider reported $0.08 earnings per share for the quarter, topping analysts' consensus estimates of $0.06 by $0.02. Citizens had a net margin of 8.92% and a return on equity of 12.33%. The company had revenue of $62.34 million for the quarter, compared to the consensus estimate of $58.59 million. Equities analysts predict that Citizens, Inc. will post 0.32 earnings per share for the current fiscal year.
Insider Activity at Citizens
In other news, CEO Jon Stenberg acquired 12,558 shares of the firm's stock in a transaction that occurred on Thursday, September 5th. The stock was bought at an average price of $2.96 per share, with a total value of $37,171.68. Following the acquisition, the chief executive officer now owns 18,023 shares in the company, valued at $53,348.08. The trade was a 200.00 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Over the last quarter, insiders have bought 20,539 shares of company stock worth $59,029. Insiders own 1.20% of the company's stock.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Ritholtz Wealth Management bought a new position in Citizens during the second quarter valued at approximately $54,000. Marietta Wealth Management LLC bought a new stake in Citizens during the 2nd quarter valued at $64,000. Empowered Funds LLC raised its holdings in shares of Citizens by 8.1% in the first quarter. Empowered Funds LLC now owns 121,953 shares of the insurance provider's stock valued at $261,000 after acquiring an additional 9,112 shares in the last quarter. Finally, First Eagle Investment Management LLC boosted its stake in shares of Citizens by 69.1% during the first quarter. First Eagle Investment Management LLC now owns 330,508 shares of the insurance provider's stock valued at $707,000 after purchasing an additional 135,069 shares in the last quarter. Institutional investors own 13.73% of the company's stock.
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.
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