Shares of China Life Insurance Co. (NYSE:LFC) saw strong trading volume on Monday . 712,681 shares changed hands during trading, an increase of 61% from the previous session’s volume of 442,604 shares.The stock last traded at $12.49 and had previously closed at $11.98.

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

The firm’s 50-day moving average is $11.21 and its 200 day moving average is $11.33. The company has a market cap of $73.22 billion and a PE ratio of 17.31.

Other hedge funds recently bought and sold shares of the company. Bank of Montreal Can boosted its stake 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 boosted 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. BNP Paribas Arbitrage SA boosted 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. Finally, First Trust Advisors LP boosted 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.