Royal Bank of Canada Sells 1,480 Shares of Citizens, Inc. (CIA)

Royal Bank of Canada lowered its holdings in shares of Citizens, Inc. (NYSE:CIA) by 2.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 63,852 shares of the insurance provider’s stock after selling 1,480 shares during the quarter. Royal Bank of Canada owned about 0.13% of Citizens worth $471,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Goldman Sachs Group Inc. bought a new position in shares of Citizens during the 2nd quarter valued at $166,000. Voya Investment Management LLC raised its holdings in shares of Citizens by 15.9% during the 2nd quarter. Voya Investment Management LLC now owns 27,736 shares of the insurance provider’s stock valued at $205,000 after purchasing an additional 3,814 shares in the last quarter. UBS Asset Management Americas Inc. raised its holdings in shares of Citizens by 27.2% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 29,002 shares of the insurance provider’s stock valued at $214,000 after purchasing an additional 6,200 shares in the last quarter. Hancock Holding Co. bought a new position in shares of Citizens during the 2nd quarter valued at $225,000. Finally, Alliancebernstein L.P. raised its holdings in shares of Citizens by 30.8% during the 2nd quarter. Alliancebernstein L.P. now owns 54,309 shares of the insurance provider’s stock valued at $401,000 after purchasing an additional 12,800 shares in the last quarter. Institutional investors and hedge funds own 20.25% of the company’s stock.

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A number of research analysts have recently weighed in on the stock. ValuEngine upgraded shares of Citizens from a “hold” rating to a “buy” rating in a report on Friday, October 27th. BidaskClub downgraded shares of Citizens from a “buy” rating to a “hold” rating in a report on Thursday, August 24th.

Citizens, Inc. (NYSE CIA) opened at $7.59 on Tuesday. Citizens, Inc. has a twelve month low of $5.86 and a twelve month high of $11.93.

Citizens Company Profile

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.

Institutional Ownership by Quarter for Citizens (NYSE:CIA)

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