China Life Insurance Co Ltd (NYSE:LFC) saw some unusual options trading activity on Thursday. Stock investors purchased 533 call options on the company. This is an increase of 869% compared to the typical volume of 55 call options.

Shares of China Life Insurance stock opened at $10.74 on Friday. China Life Insurance has a 12-month low of $9.85 and a 12-month high of $17.32. The company has a debt-to-equity ratio of 0.06, a current ratio of 9.10 and a quick ratio of 9.10. The stock has a market capitalization of $61.62 billion, a price-to-earnings ratio of 11.55, a P/E/G ratio of 0.65 and a beta of 1.51.

China Life Insurance (NYSE:LFC) last issued its quarterly earnings data on Thursday, October 25th. The financial services provider reported $0.09 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.39 by ($0.30). China Life Insurance had a return on equity of 7.73% and a net margin of 4.03%. The business had revenue of $19.76 billion for the quarter. As a group, sell-side analysts predict that China Life Insurance will post 0.61 earnings per share for the current year.

A number of brokerages have issued reports on LFC. HSBC raised shares of China Life Insurance from a “reduce” rating to a “hold” rating in a report on Thursday, August 9th. Nomura raised shares of China Life Insurance from a “neutral” rating to a “buy” rating in a report on Tuesday, August 21st. Zacks Investment Research cut shares of China Life Insurance from a “hold” rating to a “sell” rating in a report on Saturday, December 1st. UBS Group cut shares of China Life Insurance from a “buy” rating to a “neutral” rating in a report on Monday, November 26th. Finally, Deutsche Bank raised shares of China Life Insurance to a “buy” rating in a report on Tuesday, November 20th. They noted that the move was a valuation call. Five analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company’s stock. China Life Insurance has a consensus rating of “Hold” and a consensus target price of $14.93.

Institutional investors and hedge funds have recently modified their holdings of the company. Tower Research Capital LLC TRC increased its stake in shares of China Life Insurance by 274.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 7,884 shares of the financial services provider’s stock worth $101,000 after purchasing an additional 5,780 shares in the last quarter. Greenleaf Trust purchased a new position in shares of China Life Insurance during the 3rd quarter worth approximately $203,000. SG Americas Securities LLC increased its stake in shares of China Life Insurance by 127.2% during the 3rd quarter. SG Americas Securities LLC now owns 19,825 shares of the financial services provider’s stock worth $226,000 after purchasing an additional 11,100 shares in the last quarter. Citadel Advisors LLC increased its stake in shares of China Life Insurance by 191.2% during the 3rd quarter. Citadel Advisors LLC now owns 41,133 shares of the financial services provider’s stock worth $469,000 after purchasing an additional 27,007 shares in the last quarter. Finally, Cubist Systematic Strategies LLC increased its stake in shares of China Life Insurance by 12.5% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 41,520 shares of the financial services provider’s stock worth $531,000 after purchasing an additional 4,614 shares in the last quarter. 0.34% of the stock is owned by institutional investors and hedge funds.

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About China Life Insurance

China Life Insurance Company Limited, together with its subsidiaries, operates as a life insurance company in the People's Republic of China. The company operates in four segments: Life Insurance Business, Health Insurance Business, Accident Insurance Business, and Other Business. It offers individual and group life, annuity, accident, and health insurance products, as well as provides pension products.

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