Citizens (NYSE:CIA) Share Price Passes Above 200 Day Moving Average – Should You Sell?

Citizens, Inc. (NYSE:CIA) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $5.40 and traded as high as $6.25. Citizens shares last traded at $5.9950, with a volume of 142,467 shares trading hands.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Citizens in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold”.

Citizens Stock Up 0.6%

The business has a 50-day simple moving average of $5.41 and a two-hundred day simple moving average of $5.40. The stock has a market capitalization of $301.19 million, a P/E ratio of 28.55 and a beta of 0.42.

Hedge Funds Weigh In On Citizens

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in shares of Citizens by 0.9% during the third quarter. Vanguard Group Inc. now owns 2,441,277 shares of the insurance provider’s stock worth $12,817,000 after buying an additional 21,783 shares in the last quarter. Continental General Insurance Co. grew its position in Citizens by 34.8% during the 4th quarter. Continental General Insurance Co. now owns 2,176,694 shares of the insurance provider’s stock worth $10,513,000 after acquiring an additional 562,419 shares during the last quarter. Geode Capital Management LLC increased its holdings in Citizens by 118.0% during the 2nd quarter. Geode Capital Management LLC now owns 1,032,234 shares of the insurance provider’s stock valued at $3,603,000 after purchasing an additional 558,840 shares in the last quarter. State Street Corp raised its position in Citizens by 7.6% in the 4th quarter. State Street Corp now owns 617,732 shares of the insurance provider’s stock valued at $2,984,000 after purchasing an additional 43,826 shares during the last quarter. Finally, First Eagle Investment Management LLC boosted its stake in Citizens by 7.4% in the second quarter. First Eagle Investment Management LLC now owns 598,750 shares of the insurance provider’s stock worth $2,090,000 after purchasing an additional 41,356 shares in the last quarter. 13.73% of the stock is currently owned by institutional investors and hedge funds.

Citizens Company Profile

Citizens, Inc (NYSE:CIA) is a bank holding company headquartered in Conway, Arkansas. Through its wholly owned subsidiary, Citizens Bank of Northern Arkansas, the company provides commercial and consumer banking services to individuals, small businesses and corporate clients across Northern and Central Arkansas.

Citizens offers a range of deposit products, including checking accounts, savings accounts and certificates of deposit, alongside lending solutions such as residential mortgages, commercial real estate loans and consumer installment loans.