Nine Chapters Capital Management LLC purchased a new stake in China Life Insurance Company Limited (NYSE:LFC) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 10,000 shares of the financial services provider’s stock, valued at approximately $151,000.

Several other institutional investors also recently bought and sold shares of LFC. Archford Capital Strategies LLC boosted its holdings in shares of China Life Insurance Company Limited by 2,288.1% in the second quarter. Archford Capital Strategies LLC now owns 1,003 shares of the financial services provider’s stock valued at $170,000 after acquiring an additional 961 shares in the last quarter. Sciencast Management LP bought a new position in shares of China Life Insurance Company Limited in the second quarter valued at approximately $179,000. Sit Investment Associates Inc. boosted its holdings in shares of China Life Insurance Company Limited by 7.6% in the second quarter. Sit Investment Associates Inc. now owns 13,775 shares of the financial services provider’s stock valued at $211,000 after acquiring an additional 975 shares in the last quarter. Rehmann Capital Advisory Group boosted its holdings in shares of China Life Insurance Company Limited by 29.2% in the third quarter. Rehmann Capital Advisory Group now owns 14,538 shares of the financial services provider’s stock valued at $219,000 after acquiring an additional 3,282 shares in the last quarter. Finally, Fox Run Management L.L.C. bought a new position in shares of China Life Insurance Company Limited in the third quarter valued at approximately $263,000. Institutional investors and hedge funds own 0.23% of the company’s stock.

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Several research analysts have recently issued reports on LFC shares. Bank of America Corporation upgraded shares of China Life Insurance Company Limited from a “neutral” rating to a “buy” rating in a report on Friday, August 25th. BidaskClub cut shares of China Life Insurance Company Limited from a “hold” rating to a “sell” rating in a report on Monday, July 31st. Zacks Investment Research cut shares of China Life Insurance Company Limited from a “buy” rating to a “hold” rating in a report on Monday, August 28th. Daiwa Capital Markets upgraded shares of China Life Insurance Company Limited to a “buy” rating in a report on Monday, August 28th. Finally, Credit Suisse Group upgraded shares of China Life Insurance Company Limited from an “underperform” rating to a “neutral” rating in a report on Friday, August 25th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $17.00.

Shares of China Life Insurance Company Limited (LFC) traded down $0.04 during trading hours on Friday, reaching $17.58. 561,145 shares of the company were exchanged, compared to its average volume of 526,817. The company has a debt-to-equity ratio of 0.08, a current ratio of 11.01 and a quick ratio of 11.01. The stock has a market capitalization of $99.49 billion, a P/E ratio of 33.21, a PEG ratio of 2.03 and a beta of 1.40.

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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