China Life Insurance Co. (NYSE:LFC) was downgraded by equities research analysts at Morgan Stanley from an “overweight” rating to an “equal weight” rating in a research note issued on Thursday.

LFC has been the topic of a number of other reports. Zacks Investment Research raised shares of China Life Insurance from a “sell” rating to a “hold” rating in a report on Wednesday, September 28th. HSBC raised shares of China Life Insurance from a “reduce” rating to a “hold” rating in a report on Tuesday, September 27th.

China Life Insurance (NYSE:LFC) opened at 13.08 on Thursday. The company has a market cap of $73.94 billion, a P/E ratio of 37.37 and a beta of 1.26. China Life Insurance has a 52-week low of $10.07 and a 52-week high of $21.00. The company has a 50-day moving average of $12.74 and a 200-day moving average of $11.68.

Several hedge funds and other institutional investors have recently modified their holdings of LFC. M&T Bank Corp increased its position in shares of China Life Insurance by 2.7% in the first quarter. M&T Bank Corp now owns 15,920 shares of the company’s stock worth $196,000 after buying an additional 421 shares during the period. Franklin Resources Inc. increased its position in shares of China Life Insurance by 0.7% in the first quarter. Franklin Resources Inc. now owns 642,999 shares of the company’s stock worth $7,903,000 after buying an additional 4,766 shares during the period. Moore Capital Management LP purchased a new position in shares of China Life Insurance during the first quarter worth about $12,290,000. BlackRock Inc. increased its position in shares of China Life Insurance by 5.0% in the first quarter. BlackRock Inc. now owns 119,529 shares of the company’s stock worth $1,469,000 after buying an additional 5,702 shares during the period. Finally, Natixis purchased a new position in shares of China Life Insurance during the first quarter worth about $362,000. Hedge funds and other institutional investors own 0.27% of the company’s stock.

About China Life Insurance

China Life Insurance Company Limited is a life insurance company. The Company provides a range of insurance products, including individual and group life insurance, health insurance and accident insurance products. It operates through four segments: life insurance, health insurance, accident insurance and other.

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