China Life Insurance (NYSE:LFC) has been uploaded to StockNews.com

China Life Insurance (NYSE:LFC – Get Votes) it was raised by equities researchers at StockNews.com from “hold” to “buy” in a report released on Monday.

Separately, JPMorgan Chase & Co. raised shares of China Life Insurance from a “neutral” rating to an “overweight” rating in a report on Friday, August 5th.

China Life Insurance Price Performance

Shares of China Life Insurance stock traded up $0.04 on Monday, reaching $7.09. 500,318 shares of the stock changed hands, compared to its previous volume of 798,027. The company’s 50-day moving average is $7.67 and its 200-day moving average is $7.70. China Life Insurance has a one year low of $6.93 and a one year high of $9.69. The company has a debt ratio of 0.11, a quick ratio of 8.91 and a current ratio of 8.91. The company has a market cap of $40.08 billion, a PE ratio of 5.01, a P/E/G ratio of 0.69 and a beta of 0.64.

Hedge Funds Weigh On China Life Insurance

Several institutional investors and hedge funds have added to or reduced their stakes in LFC. Crossmark Global Holdings Inc. raised its stake in China Life Insurance by 1,190.3% in the first quarter. Crossmark Global Holdings Inc. now owns 1,199,151 shares of the financial services provider’s stock valued at $9,102,000 after buying an additional 1,106,213 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in China Life Insurance in the second quarter valued at approximately $4,486,000. OLD Mission Capital LLC purchased a new position in China Life Insurance in the second quarter valued at approximately $2,646,000. LMR Partners LLP raised its stake in China Life Insurance by 668.2% in the fourth quarter. LMR Partners LLP now owns 330,322 shares of the company’s stock valued at $2,737,000 after purchasing an additional 287,321 shares in the last quarter. Finally, Eqis Capital Management Inc. purchased a new position in China Life Insurance in the second quarter valued at about $1,485,000. Institutional investors own 8.09% of the company’s stock.

Opinions of the company China Life Insurance Company

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China Life Insurance Company Limited, together with its subsidiaries, operates as a life insurance company in the People’s Republic of China. The company operates in four segments: Life Insurance Business, Health Insurance Business, Casualty Insurance Business, and Other Businesses. They offer critical illness, annuity, child/maternity/pension, security, life, medical, and accident insurance.

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