Citizens (NYSE:CIA) Downgraded by StockNews.com to Sell

Citizens (NYSE:CIA) was downgraded by stock analysts at StockNews.com from a “hold” rating to a “sell” rating in a note issued to investors on Thursday.

Citizens Trading Down 4.8 %

Shares of NYSE:CIA opened at $4.67 on Thursday. The company has a 50-day moving average price of $4.95 and a 200 day moving average price of $4.50. Citizens has a 12 month low of $1.78 and a 12 month high of $5.95. The company has a market cap of $233.22 million, a price-to-earnings ratio of 10.87 and a beta of 0.11.

Citizens (NYSE:CIA) last posted its quarterly earnings data on Thursday, March 13th. The insurance provider reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.03). The company had revenue of $63.47 million during the quarter, compared to the consensus estimate of $64.66 million. Citizens had a net margin of 8.87% and a return on equity of 11.50%. As a group, equities analysts forecast that Citizens will post 0.32 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Alpine Global Management LLC bought a new stake in shares of Citizens in the 4th quarter worth about $41,000. OMERS ADMINISTRATION Corp bought a new stake in Citizens in the fourth quarter worth about $63,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in Citizens in the third quarter worth about $82,000. Y Intercept Hong Kong Ltd purchased a new position in shares of Citizens during the fourth quarter valued at approximately $92,000. Finally, Balyasny Asset Management L.P. bought a new position in shares of Citizens during the fourth quarter valued at approximately $120,000. Institutional investors own 13.73% of the company’s stock.

Citizens Company Profile

Citizens, Inc provides life insurance products in the United States and internationally. The company operates in two segments, Life Insurance and Home Service Insurance. The Life Insurance segment issues ordinary whole life insurance and endowment policies in the United States dollar-denominated amounts to non-U.S.