Security National Financial Co. (NASDAQ:SNFCA) Shares Bought by Jane Street Group LLC

Jane Street Group LLC lifted its position in Security National Financial Co. (NASDAQ:SNFCA - Free Report) by 91.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 78,257 shares of the credit services provider's stock after acquiring an additional 37,326 shares during the quarter. Jane Street Group LLC owned 0.32% of Security National Financial worth $941,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Susquehanna International Group LLP boosted its position in Security National Financial by 962.3% during the 4th quarter. Susquehanna International Group LLP now owns 237,691 shares of the credit services provider's stock worth $2,859,000 after acquiring an additional 215,315 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Security National Financial by 6.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 673,379 shares of the credit services provider's stock worth $8,101,000 after purchasing an additional 38,522 shares during the period. Schonfeld Strategic Advisors LLC acquired a new stake in shares of Security National Financial during the fourth quarter worth $342,000. O Shaughnessy Asset Management LLC raised its position in shares of Security National Financial by 42.6% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 93,682 shares of the credit services provider's stock worth $1,127,000 after purchasing an additional 28,002 shares during the period. Finally, Hillsdale Investment Management Inc. acquired a new stake in shares of Security National Financial during the fourth quarter worth $236,000. Institutional investors and hedge funds own 45.58% of the company's stock.

Security National Financial Price Performance

Shares of NASDAQ SNFCA opened at $9.80 on Friday. The company has a market capitalization of $241.95 million, a P/E ratio of 7.98 and a beta of 0.88. The business's 50-day moving average price is $10.41 and its two-hundred day moving average price is $11.66. Security National Financial Co. has a one year low of $6.95 and a one year high of $13.59.

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

Wall Street Analyst Weigh In

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

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.

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