Hancock Holding Co. bought a new stake in Citizens, Inc. (NYSE:CIA) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 30,420 shares of the insurance provider’s stock, valued at approximately $225,000. Hancock Holding Co. owned approximately 0.06% of Citizens as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Schwab Charles Investment Management Inc. increased its stake in shares of Citizens by 0.5% during the second quarter. Schwab Charles Investment Management Inc. now owns 182,985 shares of the insurance provider’s stock worth $1,351,000 after acquiring an additional 969 shares during the period. Alliancebernstein L.P. raised its holdings in Citizens by 30.8% during the second quarter. Alliancebernstein L.P. now owns 54,309 shares of the insurance provider’s stock worth $401,000 after purchasing an additional 12,800 shares in the last quarter. Teachers Advisors LLC raised its holdings in Citizens by 13.8% during the second quarter. Teachers Advisors LLC now owns 90,622 shares of the insurance provider’s stock worth $669,000 after purchasing an additional 10,979 shares in the last quarter. TIAA CREF Investment Management LLC raised its holdings in Citizens by 1.6% during the second quarter. TIAA CREF Investment Management LLC now owns 126,807 shares of the insurance provider’s stock worth $936,000 after purchasing an additional 2,024 shares in the last quarter. Finally, UBS Asset Management Americas Inc. raised its holdings in Citizens by 27.2% during the second quarter. UBS Asset Management Americas Inc. now owns 29,002 shares of the insurance provider’s stock worth $214,000 after purchasing an additional 6,200 shares in the last quarter. 20.68% of the stock is currently owned by institutional investors and hedge funds.

Separately, BidaskClub upgraded shares of Citizens from a “hold” rating to a “buy” rating in a research report on Sunday, July 16th.

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Citizens, Inc. (NYSE CIA) opened at 7.35 on Monday. The firm has a market cap of $368.10 million, a PE ratio of 66.82 and a beta of 1.11. Citizens, Inc. has a 52-week low of $5.86 and a 52-week high of $11.93. The firm’s 50-day moving average price is $7.76 and its 200 day moving average price is $7.18.

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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