Pacer Advisors Inc. lessened its holdings in China Life Insurance Company Limited (NYSE:LFC) by 6.3% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 15,381 shares of the financial services provider’s stock after selling 1,029 shares during the period. Pacer Advisors Inc.’s holdings in China Life Insurance Company Limited were worth $234,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of LFC. Credit Suisse AG raised its position in shares of China Life Insurance Company Limited by 21.8% in the first quarter. Credit Suisse AG now owns 1,083,149 shares of the financial services provider’s stock worth $16,604,000 after buying an additional 193,584 shares in the last quarter. Parametric Portfolio Associates LLC raised its position in shares of China Life Insurance Company Limited by 56.8% in the first quarter. Parametric Portfolio Associates LLC now owns 524,047 shares of the financial services provider’s stock worth $8,034,000 after buying an additional 189,771 shares in the last quarter. Athos Capital Ltd purchased a new stake in shares of China Life Insurance Company Limited in the second quarter worth $1,841,000. Bank of Montreal Can raised its position in shares of China Life Insurance Company Limited by 271.4% in the second quarter. Bank of Montreal Can now owns 146,300 shares of the financial services provider’s stock worth $2,244,000 after buying an additional 106,904 shares in the last quarter. Finally, GAM Holding AG raised its position in shares of China Life Insurance Company Limited by 54.3% in the second quarter. GAM Holding AG now owns 274,700 shares of the financial services provider’s stock worth $4,181,000 after buying an additional 96,700 shares in the last quarter. Institutional investors own 0.23% of the company’s stock.

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A number of equities research analysts recently issued reports on the company. Zacks Investment Research downgraded China Life Insurance Company Limited from a “buy” rating to a “hold” rating in a research report on Thursday, September 7th. Goldman Sachs Group, Inc. (The) downgraded China Life Insurance Company Limited from a “conviction-buy” rating to a “buy” rating in a research report on Wednesday, August 16th. BidaskClub downgraded China Life Insurance Company Limited from a “sell” rating to a “strong sell” rating in a research report on Monday, August 14th. Sanford C. Bernstein downgraded China Life Insurance Company Limited from an “outperform” rating to a “market perform” rating in a research report on Thursday, August 17th. Finally, Credit Suisse Group upgraded China Life Insurance Company Limited from an “underperform” rating to a “neutral” rating in a research report on Friday, August 25th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $18.00.

Shares of China Life Insurance Company Limited (NYSE LFC) opened at 15.43 on Friday. The firm’s 50-day moving average price is $15.68 and its 200-day moving average price is $15.60. The stock has a market cap of $87.23 billion, a P/E ratio of 28.05 and a beta of 1.38. China Life Insurance Company Limited has a 52-week low of $12.16 and a 52-week high of $16.61.

China Life Insurance Company Limited Company Profile

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.

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

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