Crossmark Global Holdings Inc. Takes $3.62 Million Position in China Life Insurance Company Limited (LFC)

Crossmark Global Holdings Inc. acquired a new position in shares of China Life Insurance Company Limited (NYSE:LFC) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 240,317 shares of the financial services provider’s stock, valued at approximately $3,617,000.

Other institutional investors also recently bought and sold shares of the company. Archford Capital Strategies LLC grew its position in shares of China Life Insurance Company Limited by 2,288.1% during the 2nd quarter. Archford Capital Strategies LLC now owns 1,003 shares of the financial services provider’s stock worth $170,000 after buying an additional 961 shares during the period. Sciencast Management LP acquired a new position in shares of China Life Insurance Company Limited during the 2nd quarter worth about $179,000. Sit Investment Associates Inc. grew its position in shares of China Life Insurance Company Limited by 7.6% during the 2nd 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. Rehmann Capital Advisory Group grew its position in shares of China Life Insurance Company Limited by 29.2% during the 3rd quarter. Rehmann Capital Advisory Group now owns 14,538 shares of the financial services provider’s stock worth $219,000 after buying an additional 3,282 shares during the period. Finally, Fox Run Management L.L.C. acquired a new position in shares of China Life Insurance Company Limited during the 3rd quarter worth about $263,000. Institutional investors own 0.23% of the company’s stock.

Several equities analysts have recently issued reports on LFC shares. Bank of America Corporation upgraded China Life Insurance Company Limited from a “neutral” rating to a “buy” rating in a research report on Friday, August 25th. Zacks Investment Research lowered China Life Insurance Company Limited from a “buy” rating to a “hold” rating in a research report on Monday, August 28th. Daiwa Capital Markets upgraded China Life Insurance Company Limited to a “buy” rating in a research report on Monday, August 28th. Sanford C. Bernstein lowered China Life Insurance Company Limited from an “outperform” rating to a “market perform” rating in a research report on Thursday, August 17th. Finally, Credit Suisse Group upgraded China Life Insurance Company Limited from an “underperform” rating to a “neutral” rating in a research report on Friday, August 25th. One analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. China Life Insurance Company Limited presently has a consensus rating of “Hold” and a consensus target price of $17.00.

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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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