China Life Insurance Company Limited (NYSE:LFC) was the recipient of some unusual options trading on Tuesday. Stock investors bought 1,420 call options on the company. This is an increase of approximately 834% compared to the typical daily volume of 152 call options.

Institutional investors and hedge funds have recently modified their holdings of the stock. Nine Chapters Capital Management LLC purchased a new stake in China Life Insurance during the 3rd quarter worth about $151,000. Trexquant Investment LP purchased a new stake in China Life Insurance during the 3rd quarter worth about $160,000. Archford Capital Strategies LLC lifted its holdings in China Life Insurance by 2,288.1% during the 2nd quarter. Archford Capital Strategies LLC now owns 1,003 shares of the financial services provider’s stock worth $170,000 after purchasing an additional 961 shares in the last quarter. Sciencast Management LP purchased a new stake in China Life Insurance during the 2nd quarter worth about $179,000. Finally, Sit Investment Associates Inc. lifted its holdings in China Life Insurance by 7.6% during the 2nd quarter. Sit Investment Associates Inc. now owns 13,775 shares of the financial services provider’s stock worth $211,000 after purchasing an additional 975 shares in the last quarter. 0.22% of the stock is currently owned by institutional investors and hedge funds.

Shares of China Life Insurance (LFC) opened at $17.37 on Friday. The stock has a market capitalization of $128,340.00, a PE ratio of 32.96, a P/E/G ratio of 2.02 and a beta of 1.40. The company has a debt-to-equity ratio of 0.08, a quick ratio of 11.01 and a current ratio of 11.01. China Life Insurance has a 1-year low of $12.74 and a 1-year high of $17.85.

A number of research analysts have recently commented on the company. BidaskClub cut China Life Insurance from a “sell” rating to a “strong sell” rating in a research report on Monday, August 14th. Goldman Sachs Group Inc cut China Life Insurance from a “conviction-buy” rating to a “buy” rating in a research report on Wednesday, August 16th. Zacks Investment Research raised China Life Insurance from a “hold” rating to a “buy” rating and set a $18.00 price target on the stock in a research report on Tuesday, August 29th. Credit Suisse Group raised China Life Insurance from an “underperform” rating to a “neutral” rating in a report on Friday, August 25th. Finally, Sanford C. Bernstein cut China Life Insurance from an “outperform” rating to a “market perform” rating in a report on Thursday, August 17th. One analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $17.00.

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China Life Insurance Company Profile

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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