2,933,195 Shares in Security National Financial Co. (NASDAQ:SNFCA) Bought by Soltis Investment Advisors LLC

Soltis Investment Advisors LLC bought a new position in Security National Financial Co. (NASDAQ:SNFCA - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 2,933,195 shares of the credit services provider's stock, valued at approximately $26,399,000. Security National Financial accounts for about 3.0% of Soltis Investment Advisors LLC's holdings, making the stock its 5th biggest position. Soltis Investment Advisors LLC owned 12.76% of Security National Financial as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in SNFCA. O Shaughnessy Asset Management LLC increased its position in Security National Financial by 102.5% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 31,407 shares of the credit services provider's stock valued at $246,000 after purchasing an additional 15,899 shares during the period. Ritholtz Wealth Management purchased a new position in Security National Financial during the 3rd quarter valued at $111,000. Los Angeles Capital Management LLC purchased a new position in Security National Financial during the 3rd quarter valued at $229,000. Bailard Inc. purchased a new position in Security National Financial during the 3rd quarter valued at $100,000. Finally, Barclays PLC increased its position in Security National Financial by 4.6% during the 3rd quarter. Barclays PLC now owns 31,184 shares of the credit services provider's stock valued at $245,000 after purchasing an additional 1,366 shares during the period. 45.58% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Security National Financial Stock Down 0.7 %

SNFCA traded down $0.05 during midday trading on Tuesday, hitting $7.16. 58,126 shares of the company traded hands, compared to its average volume of 25,861. The firm has a market capitalization of $164.82 million, a PE ratio of 11.14 and a beta of 0.91. The company's 50-day moving average is $7.94 and its 200 day moving average is $8.05. Security National Financial Co. has a 52 week low of $6.03 and a 52 week high of $9.75.

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 policies.

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