Security National Financial (NASDAQ:SNFCA) Rating Lowered to Buy at StockNews.com

Security National Financial (NASDAQ:SNFCA) was downgraded by equities research analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a report issued on Friday.

Security National Financial Price Performance

Shares of Security National Financial stock traded down $0.27 during trading on Friday, hitting $12.83. 26,841 shares of the company’s stock traded hands, compared to its average volume of 46,483. The company has a market cap of $311.38 million, a PE ratio of 10.45 and a beta of 1.09. Security National Financial has a twelve month low of $6.19 and a twelve month high of $13.59. The firm’s fifty day moving average price is $11.00 and its 200 day moving average price is $9.16.

Hedge Funds Weigh In On Security National Financial

Several institutional investors have recently added to or reduced their stakes in the company. Barclays PLC raised its stake in shares of Security National Financial by 28.4% in the third quarter. Barclays PLC now owns 42,486 shares of the credit services provider’s stock worth $391,000 after acquiring an additional 9,404 shares during the last quarter. Soltis Investment Advisors LLC increased its stake in shares of Security National Financial by 1.0% in the 3rd quarter. Soltis Investment Advisors LLC now owns 2,820,948 shares of the credit services provider’s stock valued at $25,953,000 after buying an additional 29,120 shares during the period. Geode Capital Management LLC lifted its stake in shares of Security National Financial by 0.8% during the third quarter. Geode Capital Management LLC now owns 132,414 shares of the credit services provider’s stock valued at $1,218,000 after acquiring an additional 1,080 shares during the period. EP Wealth Advisors LLC boosted its holdings in Security National Financial by 5.0% in the third quarter. EP Wealth Advisors LLC now owns 60,825 shares of the credit services provider’s stock valued at $560,000 after acquiring an additional 2,896 shares during the last quarter. Finally, Jane Street Group LLC boosted its stake in shares of Security National Financial by 28.5% in the 3rd quarter. Jane Street Group LLC now owns 40,931 shares of the credit services provider’s stock valued at $377,000 after purchasing an additional 9,076 shares during the last quarter. 45.58% of the stock is owned by institutional investors.

Security National Financial Company Profile

Security National Financial Corporation engages in the life insurance, cemetery and mortuary, and mortgage businesses. The company's Life Insurance segment is involved in selling and servicing lines of life insurance, annuity products, and accident and health insurance. It offers various life insurance products, including funeral plans and interest-sensitive life insurance, as well as other traditional life, accident, and health insurance products; annuity products comprising single and flexible premium deferred annuities, and immediate annuities; and diver's accident insurance policies.