Profund Advisors LLC Acquires 19,874 Shares of China Life Insurance Company Limited (LFC)

Profund Advisors LLC lifted its holdings in shares of China Life Insurance Company Limited (NYSE:LFC) by 11.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 200,892 shares of the financial services provider’s stock after acquiring an additional 19,874 shares during the period. Profund Advisors LLC’s holdings in China Life Insurance Company Limited were worth $3,082,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Stevens Capital Management LP bought a new stake in shares of China Life Insurance Company Limited during the second quarter worth about $523,000. Ameriprise Financial Inc. increased its position in shares of China Life Insurance Company Limited by 0.3% during the second quarter. Ameriprise Financial Inc. now owns 27,994 shares of the financial services provider’s stock worth $433,000 after acquiring an additional 85 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of China Life Insurance Company Limited by 10.3% during the second quarter. JPMorgan Chase & Co. now owns 57,547 shares of the financial services provider’s stock worth $882,000 after acquiring an additional 5,354 shares in the last quarter. GAM Holding AG increased its position in shares of China Life Insurance Company Limited by 54.3% during the second quarter. GAM Holding AG now owns 274,700 shares of the financial services provider’s stock worth $4,181,000 after acquiring an additional 96,700 shares in the last quarter. Finally, BNP Paribas Arbitrage SA increased its position in shares of China Life Insurance Company Limited by 6.2% during the second quarter. BNP Paribas Arbitrage SA now owns 155,318 shares of the financial services provider’s stock worth $2,383,000 after acquiring an additional 9,115 shares in the last quarter. 0.23% of the stock is owned by institutional investors.

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Several equities research analysts have recently commented on the stock. Zacks Investment Research downgraded shares of China Life Insurance Company Limited from a “buy” rating to a “hold” rating in a research report on Thursday, September 7th. Goldman Sachs Group, Inc. (The) downgraded shares of China Life Insurance Company Limited from a “conviction-buy” rating to a “buy” rating in a research report on Wednesday, August 16th. BidaskClub downgraded shares of China Life Insurance Company Limited from a “sell” rating to a “strong sell” rating in a research report on Monday, August 14th. Sanford C. Bernstein downgraded shares of China Life Insurance Company Limited from an “outperform” rating to a “market perform” rating in a research report on Thursday, August 17th. Finally, Credit Suisse Group raised shares of China Life Insurance Company Limited from an “underperform” rating to a “neutral” rating in a research report on Friday, August 25th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $18.00.

China Life Insurance Company Limited (NYSE:LFC) traded up 0.72% on Friday, reaching $15.43. 775,948 shares of the company traded hands. China Life Insurance Company Limited has a one year low of $12.16 and a one year high of $16.61. The stock’s 50 day moving average price is $15.68 and its 200 day moving average price is $15.60. The company has a market capitalization of $87.23 billion, a PE ratio of 28.05 and a beta of 1.38.

China Life Insurance Company Limited 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.

Institutional Ownership by Quarter for China Life Insurance Company Limited (NYSE:LFC)

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