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Security National Financial Corporation (NASDAQ:SNFCA) Shares Sold by LHM Inc.

Security National Financial logo with Finance background

Key Points

  • LHM Inc. reduced its ownership in Security National Financial Corporation (NASDAQ: SNFCA) by 9.6%, selling 82,490 shares and holding 781,169 shares afterward, making it the 6th largest holding in their portfolio.
  • In the last quarter, several institutional investors, including Point72 Asia and Barclays PLC, increased their stakes in Security National Financial, collectively owning 45.58% of the company's stock.
  • Security National Financial reported a net margin of 6.96% and earnings per share of $0.18 for the latest quarter, with revenues totaling $82.74 million.
  • MarketBeat previews the top five stocks to own by October 1st.

LHM Inc. decreased its position in Security National Financial Corporation (NASDAQ:SNFCA - Free Report) by 9.6% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 781,169 shares of the credit services provider's stock after selling 82,490 shares during the period. Security National Financial comprises approximately 3.1% of LHM Inc.'s portfolio, making the stock its 6th biggest holding. LHM Inc. owned 3.16% of Security National Financial worth $9,452,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Tower Research Capital LLC TRC boosted its stake in shares of Security National Financial by 795.2% during the fourth quarter. Tower Research Capital LLC TRC now owns 3,885 shares of the credit services provider's stock valued at $47,000 after acquiring an additional 3,451 shares during the last quarter. Cubist Systematic Strategies LLC boosted its stake in shares of Security National Financial by 203.9% during the fourth quarter. Cubist Systematic Strategies LLC now owns 7,217 shares of the credit services provider's stock valued at $87,000 after acquiring an additional 4,842 shares during the last quarter. Jefferies Financial Group Inc. boosted its stake in shares of Security National Financial by 15.4% during the fourth quarter. Jefferies Financial Group Inc. now owns 13,614 shares of the credit services provider's stock valued at $164,000 after acquiring an additional 1,814 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. boosted its stake in shares of Security National Financial by 7.0% during the fourth quarter. Point72 Asia Singapore Pte. Ltd. now owns 15,213 shares of the credit services provider's stock valued at $183,000 after acquiring an additional 1,000 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of Security National Financial by 31.8% during the fourth quarter. Bank of America Corp DE now owns 17,226 shares of the credit services provider's stock valued at $207,000 after acquiring an additional 4,161 shares during the last quarter. Institutional investors and hedge funds own 45.58% of the company's stock.

Security National Financial Trading Down 7.2%

Shares of Security National Financial stock traded down $0.66 during trading hours on Friday, reaching $8.47. The stock had a trading volume of 124,732 shares, compared to its average volume of 37,468. The firm has a 50 day simple moving average of $9.34 and a two-hundred day simple moving average of $10.52. The firm has a market capitalization of $219.54 million, a price-to-earnings ratio of 9.54 and a beta of 0.84. Security National Financial Corporation has a 1 year low of $7.32 and a 1 year high of $12.94.

Security National Financial (NASDAQ:SNFCA - Get Free Report) last released its quarterly earnings data on Thursday, August 14th. The credit services provider reported $0.25 EPS for the quarter. The company had revenue of $89.54 million for the quarter. Security National Financial had a return on equity of 6.58% and a net margin of 6.66%.

Security National Financial Company Profile

(Free Report)

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.

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