Dimensional Fund Advisors LP Grows Holdings in Security National Financial Co. (NASDAQ:SNFCA)

Dimensional Fund Advisors LP boosted its stake in Security National Financial Co. (NASDAQ:SNFCA - Free Report) by 6.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 673,379 shares of the credit services provider's stock after buying an additional 38,522 shares during the quarter. Dimensional Fund Advisors LP owned approximately 2.77% of Security National Financial worth $8,101,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of SNFCA. Marshall Wace LLP grew its holdings in Security National Financial by 42.4% in the 4th quarter. Marshall Wace LLP now owns 35,833 shares of the credit services provider's stock valued at $431,000 after buying an additional 10,675 shares during the period. Barclays PLC boosted its stake in shares of Security National Financial by 3.3% during the 4th quarter. Barclays PLC now owns 43,881 shares of the credit services provider's stock worth $528,000 after acquiring an additional 1,395 shares in the last quarter. O Shaughnessy Asset Management LLC increased its holdings in Security National Financial by 42.6% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 93,682 shares of the credit services provider's stock valued at $1,127,000 after buying an additional 28,002 shares during the period. Hillsdale Investment Management Inc. bought a new position in shares of Security National Financial in the fourth quarter worth about $236,000. Finally, Farther Finance Advisors LLC acquired a new position in Security National Financial in the fourth quarter valued at about $73,000. 45.58% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of Security National Financial from a "buy" rating to a "hold" rating in a report on Tuesday, April 1st.

Security National Financial Stock Up 1.0%

SNFCA traded up $0.10 on Tuesday, hitting $10.36. The company's stock had a trading volume of 12,428 shares, compared to its average volume of 48,645. The company's 50 day simple moving average is $10.73 and its 200-day simple moving average is $11.66. The firm has a market cap of $255.78 million, a P/E ratio of 8.44 and a beta of 0.88. Security National Financial Co. has a 12 month low of $6.31 and a 12 month high of $13.59.

About Security National Financial

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.