First Eagle Investment Management LLC Has $2.23 Million Holdings in Citizens, Inc. (NYSE:CIA)

First Eagle Investment Management LLC lifted its stake in shares of Citizens, Inc. (NYSE:CIA - Free Report) by 14.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 554,894 shares of the insurance provider's stock after acquiring an additional 68,824 shares during the quarter. First Eagle Investment Management LLC owned 1.11% of Citizens worth $2,225,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Ritholtz Wealth Management boosted its stake in shares of Citizens by 6.7% during the 4th quarter. Ritholtz Wealth Management now owns 46,116 shares of the insurance provider's stock worth $185,000 after acquiring an additional 2,901 shares in the last quarter. Empowered Funds LLC boosted its stake in shares of Citizens by 5.3% during the 3rd quarter. Empowered Funds LLC now owns 138,281 shares of the insurance provider's stock worth $501,000 after acquiring an additional 6,968 shares in the last quarter. Geode Capital Management LLC boosted its stake 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 in the last quarter. Barclays PLC boosted its stake in shares of Citizens by 24.4% during the 3rd quarter. Barclays PLC now owns 52,379 shares of the insurance provider's stock worth $189,000 after acquiring an additional 10,267 shares in the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Citizens during the 3rd quarter worth $82,000. 13.73% of the stock is owned by institutional investors.

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Analyst Ratings Changes

Separately, StockNews.com downgraded Citizens from a "hold" rating to a "sell" rating in a report on Tuesday.

Citizens Stock Performance

Shares of CIA stock traded up $0.13 on Thursday, reaching $5.28. 94,688 shares of the company's stock traded hands, compared to its average volume of 87,360. Citizens, Inc. has a 12-month low of $1.78 and a 12-month high of $5.95. The company has a market capitalization of $263.66 million, a P/E ratio of 12.29 and a beta of 0.11. The business's 50 day moving average price is $4.85 and its two-hundred day moving average price is $4.42.

Citizens (NYSE:CIA - Get Free Report) last issued its earnings results 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 firm had revenue of $63.47 million during the quarter, compared to analysts' expectations of $64.66 million. Research analysts predict that Citizens, Inc. will post 0.32 earnings per share for the current year.

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.