Security National Financial (NASDAQ:SNFCA - Get Free Report) was downgraded by stock analysts at StockNews.com from a "buy" rating to a "hold" rating in a research note issued on Monday.
Security National Financial Stock Down 3.5 %
Shares of SNFCA traded down $0.28 during trading hours on Monday, reaching $7.63. 14,840 shares of the company traded hands, compared to its average volume of 25,212. The stock has a market capitalization of $175.34 million, a P/E ratio of 5.30 and a beta of 0.91. The business has a fifty day moving average price of $8.05 and a 200-day moving average price of $8.08. Security National Financial has a 12-month low of $5.71 and a 12-month high of $9.75.
Institutional Trading of Security National Financial
A number of institutional investors and hedge funds have recently modified their holdings of SNFCA. Soltis Investment Advisors LLC purchased a new stake in shares of Security National Financial in the 4th quarter valued at approximately $26,399,000. BlackRock Inc. lifted its holdings in Security National Financial by 438.6% during the 2nd quarter. BlackRock Inc. now owns 617,984 shares of the credit services provider's stock worth $5,482,000 after buying an additional 503,254 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Security National Financial by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 602,356 shares of the credit services provider's stock valued at $5,421,000 after purchasing an additional 4,019 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Security National Financial by 6.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 480,891 shares of the credit services provider's stock valued at $4,328,000 after purchasing an additional 30,338 shares in the last quarter. Finally, Bridgeway Capital Management LLC raised its holdings in shares of Security National Financial by 1.0% in the 4th quarter. Bridgeway Capital Management LLC now owns 341,708 shares of the credit services provider's stock valued at $3,075,000 after purchasing an additional 3,456 shares in the last quarter. Hedge funds and other institutional investors own 45.58% of the company's stock.
About Security National Financial
(
Get 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 policies.
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