GAM Holding AG raised its position in shares of China Life Insurance Company Limited (NYSE:LFC) by 54.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 274,700 shares of the financial services provider’s stock after buying an additional 96,700 shares during the period. GAM Holding AG’s holdings in China Life Insurance Company Limited were worth $4,181,000 as of its most recent filing with the SEC.

A number of other institutional investors have also bought and sold shares of LFC. BNP Paribas Arbitrage SA boosted its position in China Life Insurance Company Limited by 6.2% in the second quarter. BNP Paribas Arbitrage SA now owns 155,318 shares of the financial services provider’s stock worth $2,383,000 after buying an additional 9,115 shares during the last quarter. First Trust Advisors LP boosted its position in China Life Insurance Company Limited by 20.8% in the second quarter. First Trust Advisors LP now owns 110,160 shares of the financial services provider’s stock worth $1,690,000 after buying an additional 18,997 shares during the last quarter. Athos Capital Ltd acquired a new position in China Life Insurance Company Limited during the second quarter worth about $1,841,000. Wetherby Asset Management Inc. boosted its position in China Life Insurance Company Limited by 1.7% in the second quarter. Wetherby Asset Management Inc. now owns 35,263 shares of the financial services provider’s stock worth $541,000 after buying an additional 606 shares during the last quarter. Finally, US Bancorp DE boosted its position in China Life Insurance Company Limited by 16.5% in the second quarter. US Bancorp DE now owns 37,404 shares of the financial services provider’s stock worth $574,000 after buying an additional 5,310 shares during the last quarter. Institutional investors own 0.23% of the company’s stock.

Shares of China Life Insurance Company Limited (NYSE LFC) opened at 16.20 on Friday. China Life Insurance Company Limited has a 12 month low of $11.82 and a 12 month high of $16.61. The firm’s 50-day moving average price is $15.82 and its 200-day moving average price is $15.57. The company has a market capitalization of $89.61 billion, a price-to-earnings ratio of 29.72 and a beta of 1.37.

The company also recently disclosed a None dividend, which was paid on Friday, August 11th. Shareholders of record on Thursday, June 15th were given a $0.137 dividend. The ex-dividend date was Tuesday, June 13th. China Life Insurance Company Limited’s payout ratio is currently 27.45%.

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A number of research firms recently issued reports on LFC. Bank of America Corporation upgraded China Life Insurance Company Limited from a “neutral” rating to a “buy” rating in a report on Friday. Credit Suisse Group upgraded China Life Insurance Company Limited from an “underperform” rating to a “neutral” rating in a report on Friday. Sanford C. Bernstein lowered China Life Insurance Company Limited from an “outperform” rating to a “market perform” rating in a research report on Thursday, August 17th. Goldman Sachs Group, Inc. (The) lowered China Life Insurance Company Limited from a “conviction-buy” rating to a “buy” rating in a research report on Wednesday, August 16th. Finally, BidaskClub lowered China Life Insurance Company Limited from a “sell” rating to a “strong sell” rating in a research report on Monday, August 14th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $18.00.

About China Life Insurance Company Limited

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 three segments: Life Insurance, Health Insurance, and Accident Insurance.

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Institutional Ownership by Quarter for China Life Insurance Company Limited (NYSE:LFC)

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