Wetherby Asset Management Inc. boosted its position in China Life Insurance Company Limited (NYSE:LFC) by 1.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,263 shares of the financial services provider’s stock after buying an additional 606 shares during the period. Wetherby Asset Management Inc.’s holdings in China Life Insurance Company Limited were worth $541,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in LFC. US Bancorp DE raised its position in shares of China Life Insurance Company Limited by 16.5% in the second quarter. US Bancorp DE now owns 37,404 shares of the financial services provider’s stock worth $574,000 after buying an additional 5,310 shares during the period. Sit Investment Associates Inc. raised its position in shares of China Life Insurance Company Limited by 7.6% in the second quarter. Sit Investment Associates Inc. now owns 13,775 shares of the financial services provider’s stock worth $211,000 after buying an additional 975 shares during the period. Augustine Asset Management Inc. raised its position in shares of 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 worth $4,449,000 after buying an additional 16,161 shares during the period. Aperio Group LLC raised its position in shares of 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 worth $8,357,000 after buying an additional 49,287 shares during the period. Finally, Bank of Montreal Can raised its position in shares of China Life Insurance Company Limited by 271.4% in the second quarter. Bank of Montreal Can now owns 146,300 shares of the financial services provider’s stock worth $2,244,000 after buying an additional 106,904 shares during the period. Institutional investors own 0.23% of the company’s stock.

China Life Insurance Company Limited (NYSE:LFC) opened at 15.30 on Friday. China Life Insurance Company Limited has a 1-year low of $11.74 and a 1-year high of $16.61. The company has a market cap of $89.60 billion, a price-to-earnings ratio of 29.71 and a beta of 1.37. The firm’s 50-day moving average price is $15.89 and its 200-day moving average price is $15.47.

The firm also recently announced a None dividend, which was paid on Friday, August 11th. Shareholders of record on Thursday, June 15th were issued a dividend of $0.137 per share. The ex-dividend date of this dividend was Tuesday, June 13th. China Life Insurance Company Limited’s payout ratio is 27.45%.

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A number of equities analysts have recently weighed in on the company. BidaskClub lowered China Life Insurance Company Limited from a “hold” rating to a “sell” rating in a research note on Monday, July 31st. Zacks Investment Research lowered China Life Insurance Company Limited from a “buy” rating to a “hold” rating in a research note on Tuesday, May 23rd. Finally, Bank of America Corporation lowered China Life Insurance Company Limited from a “buy” rating to a “neutral” rating in a research note on Tuesday, April 25th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. China Life Insurance Company Limited has a consensus rating of “Hold” and a consensus price target of $18.00.

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.

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

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