WINTON GROUP Ltd Purchases New Position in Citizens, Inc. (NYSE:CIA)

WINTON GROUP Ltd acquired a new position in Citizens, Inc. (NYSE:CIA) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 79,486 shares of the insurance provider’s stock, valued at approximately $319,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Truffle Hound Capital LLC purchased a new position in shares of Citizens in the fourth quarter valued at $1,511,000. First Eagle Investment Management LLC boosted its stake in Citizens by 14.2% in the 4th quarter. First Eagle Investment Management LLC now owns 554,894 shares of the insurance provider’s stock worth $2,225,000 after purchasing an additional 68,824 shares during the period. Y Intercept Hong Kong Ltd purchased a new position in Citizens during the 4th quarter valued at about $92,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Citizens during the third quarter valued at about $82,000. Finally, Barclays PLC lifted its holdings in shares of Citizens by 24.4% in the third quarter. Barclays PLC now owns 52,379 shares of the insurance provider’s stock worth $189,000 after buying an additional 10,267 shares in the last quarter. Institutional investors own 13.73% of the company’s stock.

Citizens Stock Performance

Shares of CIA stock opened at $4.67 on Monday. The company has a market capitalization of $233.22 million, a PE ratio of 10.87 and a beta of 0.11. Citizens, Inc. has a 52-week low of $1.78 and a 52-week high of $5.95. The business’s fifty day moving average is $4.95 and its 200 day moving average is $4.52.

Citizens (NYSE:CIA) last released its quarterly earnings results 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). Citizens had a net margin of 8.87% and a return on equity of 11.50%. The business had revenue of $63.47 million during the quarter, compared to analysts’ expectations of $64.66 million. On average, sell-side analysts forecast that Citizens, Inc. will post 0.32 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Citizens from a “hold” rating to a “sell” rating in a research note on Thursday.

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.