Barclays PLC Has $417,000 Stock Holdings in Citizens, Inc. (NYSE:CIA)

Barclays PLC raised its stake in Citizens, Inc. (NYSE:CIA) by 98.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 103,918 shares of the insurance provider’s stock after buying an additional 51,539 shares during the period. Barclays PLC owned 0.21% of Citizens worth $417,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in CIA. Truffle Hound Capital LLC bought a new position in Citizens during the 4th quarter worth $1,511,000. Arrowstreet Capital Limited Partnership acquired a new position in shares of Citizens in the 4th quarter worth approximately $357,000. WINTON GROUP Ltd bought a new stake in shares of Citizens in the 4th quarter valued at $319,000. First Eagle Investment Management LLC increased its position in shares of Citizens by 14.2% during the fourth quarter. First Eagle Investment Management LLC now owns 554,894 shares of the insurance provider’s stock worth $2,225,000 after buying an additional 68,824 shares during the period. Finally, Y Intercept Hong Kong Ltd bought a new position in Citizens during the fourth quarter worth $92,000. Institutional investors and hedge funds own 13.73% of the company’s stock.

Insider Activity

In other news, CEO Jon Stenberg acquired 106,340 shares of the firm’s stock in a transaction dated Monday, April 7th. The stock was purchased at an average price of $3.89 per share, for a total transaction of $413,662.60. Following the completion of the acquisition, the chief executive officer now directly owns 124,363 shares in the company, valued at $483,772.07. The trade was a 590.02 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 1.20% of the company’s stock.

Citizens Price Performance

NYSE CIA opened at $3.77 on Friday. Citizens, Inc. has a one year low of $2.33 and a one year high of $5.95. The business has a 50 day simple moving average of $4.41 and a 200 day simple moving average of $4.54. The stock has a market capitalization of $188.15 million, a P/E ratio of 8.77 and a beta of 0.44.

Citizens (NYSE:CIA) last released its quarterly earnings data on Thursday, March 13th. The insurance provider reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.03). The company had revenue of $63.47 million during the quarter, compared to the consensus estimate of $64.66 million. Citizens had a net margin of 8.87% and a return on equity of 11.50%. Equities analysts expect that Citizens, Inc. will post 0.32 earnings per share for the current year.

Analyst Ratings Changes

Separately, StockNews.com upgraded Citizens from a “sell” rating to a “hold” rating in a report on Wednesday, April 16th.

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.