Strs Ohio continued to hold its position in shares of China Life Insurance Company Limited (NYSE:LFC) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 188,000 shares of the financial services provider’s stock at the end of the second quarter. Strs Ohio’s holdings in China Life Insurance Company Limited were worth $2,883,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Credit Suisse AG raised its stake in China Life Insurance Company Limited by 21.8% in the first quarter. Credit Suisse AG now owns 1,083,149 shares of the financial services provider’s stock valued at $16,604,000 after buying an additional 193,584 shares during the last quarter. Aperio Group LLC raised its stake in China Life Insurance Company Limited by 9.9% in the second quarter. Aperio Group LLC now owns 544,782 shares of the financial services provider’s stock valued at $8,357,000 after buying an additional 49,287 shares during the last quarter. Parametric Portfolio Associates LLC raised its stake in China Life Insurance Company Limited by 56.8% in the first quarter. Parametric Portfolio Associates LLC now owns 524,047 shares of the financial services provider’s stock valued at $8,034,000 after buying an additional 189,771 shares during the last quarter. Karp Capital Management Corp acquired a new stake in China Life Insurance Company Limited during the first quarter valued at about $7,596,000. Finally, Augustine Asset Management Inc. raised its stake in China Life Insurance Company Limited by 5.9% in the second quarter. Augustine Asset Management Inc. now owns 290,046 shares of the financial services provider’s stock valued at $4,449,000 after buying an additional 16,161 shares during the last quarter. Institutional investors own 0.23% of the company’s stock.

China Life Insurance Company Limited (NYSE LFC) opened at 15.91 on Thursday. The stock’s 50 day moving average is $15.90 and its 200 day moving average is $15.46. China Life Insurance Company Limited has a 52 week low of $11.68 and a 52 week high of $16.61. The company has a market capitalization of $93.17 billion, a P/E ratio of 30.89 and a beta of 1.37.

The business also recently disclosed a None dividend, which will be paid on Friday, August 11th. Shareholders of record on Thursday, June 15th will be given a $0.137 dividend. The ex-dividend date is Tuesday, June 13th. China Life Insurance Company Limited’s dividend payout ratio (DPR) is 27.45%.

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LFC has been the subject of several analyst reports. Bank of America Corporation lowered shares of China Life Insurance Company Limited from a “buy” rating to a “neutral” rating in a research report on Tuesday, April 25th. Zacks Investment Research lowered shares of China Life Insurance Company Limited from a “buy” rating to a “hold” rating in a research report on Tuesday, May 23rd. Finally, BidaskClub lowered shares of China Life Insurance Company Limited from a “hold” rating to a “sell” rating in a research report on Friday, June 16th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $18.00.

About China Life Insurance Company Limited

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

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