China Life Insurance Co. (NYSE:LFC)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $11.18, but opened at $11.20. China Life Insurance shares last traded at $11.53, with a volume of 372,319 shares changing hands.

Separately, Zacks Investment Research lowered shares of China Life Insurance from a “hold” rating to a “sell” rating in a report on Monday.

The stock has a market cap of $67.21 billion and a price-to-earnings ratio of 15.89. The stock’s 50-day moving average is $10.88 and its 200-day moving average is $11.44.

Several institutional investors recently added to or reduced their stakes in LFC. BNP Paribas Arbitrage SA increased its position in China Life Insurance by 25.0% in the fourth quarter. BNP Paribas Arbitrage SA now owns 91,570 shares of the company’s stock valued at $1,464,000 after buying an additional 18,303 shares during the period. Bank of Montreal Can increased its position in China Life Insurance by 6.1% in the fourth quarter. Bank of Montreal Can now owns 64,364 shares of the company’s stock valued at $1,029,000 after buying an additional 3,687 shares during the period. Comerica Bank increased its position in China Life Insurance by 4.7% in the fourth quarter. Comerica Bank now owns 80,105 shares of the company’s stock valued at $1,163,000 after buying an additional 3,581 shares during the period. Finally, First Trust Advisors LP increased its position in China Life Insurance by 15.4% in the fourth quarter. First Trust Advisors LP now owns 94,021 shares of the company’s stock valued at $1,503,000 after buying an additional 12,578 shares during the period.

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