Citizens, Inc. (CIA) Holdings Cut by California State Teachers Retirement System

California State Teachers Retirement System decreased its holdings in shares of Citizens, Inc. (NYSE:CIA) by 9.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 82,602 shares of the insurance provider’s stock after selling 8,900 shares during the period. California State Teachers Retirement System owned approximately 0.16% of Citizens worth $610,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CIA. Goldman Sachs Group Inc. purchased a new stake in shares of Citizens during the 2nd quarter worth approximately $166,000. Voya Investment Management LLC boosted its stake in shares of Citizens by 15.9% during the 2nd quarter. Voya Investment Management LLC now owns 27,736 shares of the insurance provider’s stock worth $205,000 after acquiring an additional 3,814 shares in the last quarter. UBS Asset Management Americas Inc. boosted its stake in shares of Citizens by 27.2% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 29,002 shares of the insurance provider’s stock worth $214,000 after acquiring an additional 6,200 shares in the last quarter. Hancock Holding Co. purchased a new stake in shares of Citizens during the 2nd quarter worth approximately $225,000. Finally, The Manufacturers Life Insurance Company boosted its stake in shares of Citizens by 11.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 43,258 shares of the insurance provider’s stock worth $319,000 after acquiring an additional 4,577 shares in the last quarter. Institutional investors own 20.36% of the company’s stock.

Several equities research analysts have recently commented on CIA shares. BidaskClub lowered Citizens from a “buy” rating to a “hold” rating in a research note on Thursday, August 24th. ValuEngine raised Citizens from a “hold” rating to a “buy” rating in a research note on Friday, October 27th.

Shares of Citizens, Inc. (NYSE:CIA) opened at $8.01 on Tuesday. Citizens, Inc. has a 52 week low of $5.86 and a 52 week high of $11.93.

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About Citizens

Citizens, Inc is an insurance holding company. The Company operates in three business segments: Life Insurance, Home Service and Other Non-Insurance Enterprises. The Life Insurance segment issues ordinary whole life insurance in the United States and in the United States Dollar-denominated amounts to foreign residents.

Institutional Ownership by Quarter for Citizens (NYSE:CIA)

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