Millennium Management LLC Has $1.47 Million Stock Holdings in Security National Financial Co. (NASDAQ:SNFCA)

Millennium Management LLC raised its position in shares of Security National Financial Co. (NASDAQ:SNFCA - Free Report) by 49.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 121,907 shares of the credit services provider's stock after purchasing an additional 40,138 shares during the period. Millennium Management LLC owned 0.50% of Security National Financial worth $1,467,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Northern Trust Corp raised its position in shares of Security National Financial by 6.4% during the 4th quarter. Northern Trust Corp now owns 45,855 shares of the credit services provider's stock worth $552,000 after buying an additional 2,741 shares in the last quarter. Farther Finance Advisors LLC bought a new stake in shares of Security National Financial during the 4th quarter worth about $73,000. Jane Street Group LLC raised its position in shares of Security National Financial by 91.2% during the 4th quarter. Jane Street Group LLC now owns 78,257 shares of the credit services provider's stock worth $941,000 after buying an additional 37,326 shares in the last quarter. Empowered Funds LLC raised its position in shares of Security National Financial by 4.9% during the 4th quarter. Empowered Funds LLC now owns 52,402 shares of the credit services provider's stock worth $630,000 after buying an additional 2,441 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of Security National Financial by 1,673.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 6,368 shares of the credit services provider's stock worth $59,000 after purchasing an additional 6,009 shares in the last quarter. 45.58% of the stock is owned by institutional investors and hedge funds.

Security National Financial Trading Up 1.2%

Shares of NASDAQ SNFCA traded up $0.12 during midday trading on Friday, reaching $10.04. The company's stock had a trading volume of 55,057 shares, compared to its average volume of 45,986. The company has a 50 day moving average price of $9.85 and a 200 day moving average price of $11.61. Security National Financial Co. has a one year low of $6.95 and a one year high of $13.59. The company has a market cap of $247.88 million, a price-to-earnings ratio of 8.18 and a beta of 0.88.

Security National Financial (NASDAQ:SNFCA - Get Free Report) last released its earnings results on Thursday, May 15th. The credit services provider reported $0.18 EPS for the quarter. Security National Financial had a net margin of 8.92% and a return on equity of 9.02%. The business had revenue of $82.74 million for the quarter.

Wall Street Analyst Weigh In

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

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.