Shares of China Life Insurance Co. (NYSE:LFC) gapped up prior to trading on Monday . The stock had previously closed at $11.44, but opened at $11.51. China Life Insurance shares last traded at $11.63, with a volume of 210,381 shares changing hands.

Separately, Zacks Investment Research raised shares of China Life Insurance from a “sell” rating to a “hold” rating in a report on Wednesday, May 25th.

The firm’s 50 day moving average price is $11.04 and its 200 day moving average price is $11.33. The company has a market capitalization of $67.85 billion and a price-to-earnings ratio of 16.04.

Several hedge funds and institutional investors have made changes to their positions in LFC. BNP Paribas Arbitrage SA raised its position in shares of China Life Insurance by 25.0% in the fourth quarter. BNP Paribas Arbitrage SA now owns 91,570 shares of the company’s stock worth $1,464,000 after buying an additional 18,303 shares during the last quarter. First Trust Advisors LP raised its position in shares of China Life Insurance by 15.4% in the fourth quarter. First Trust Advisors LP now owns 94,021 shares of the company’s stock worth $1,503,000 after buying an additional 12,578 shares during the last quarter. Bank of Montreal Can raised its position in shares of China Life Insurance by 6.1% in the fourth quarter. Bank of Montreal Can now owns 64,364 shares of the company’s stock worth $1,029,000 after buying an additional 3,687 shares during the last quarter. Finally, Comerica Bank raised its position in shares of China Life Insurance by 4.7% in the fourth quarter. Comerica Bank now owns 80,105 shares of the company’s stock worth $1,163,000 after buying an additional 3,581 shares during the last quarter.

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