Security National Financial Corporation Plans -- Dividend of $5.00 (NASDAQ:SNFCA)

Security National Financial Corporation (NASDAQ:SNFCA - Get Free Report) declared a -- dividend on Tuesday, July 1st, Wall Street Journal reports. Investors of record on Friday, July 11th will be given a dividend of 5.00 per share by the credit services provider on Friday, July 18th. The ex-dividend date of this dividend is Friday, July 11th.

Security National Financial Price Performance

SNFCA traded down $0.04 on Wednesday, reaching $10.19. 374 shares of the stock were exchanged, compared to its average volume of 46,335. The company's 50-day moving average price is $9.96 and its 200 day moving average price is $11.22. The firm has a market capitalization of $251.69 million, a PE ratio of 10.51 and a beta of 0.81. Security National Financial has a fifty-two week low of $7.35 and a fifty-two week high of $13.59.

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. The firm had revenue of $82.74 million during the quarter. Security National Financial had a return on equity of 6.90% and a net margin of 6.96%.

Institutional Investors Weigh In On Security National Financial

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SNFCA. Cubist Systematic Strategies LLC lifted its holdings in shares of Security National Financial by 48.0% in the 1st quarter. Cubist Systematic Strategies LLC now owns 10,679 shares of the credit services provider's stock valued at $129,000 after buying an additional 3,462 shares during the period. Empowered Funds LLC raised its position in Security National Financial by 8.1% during the first quarter. Empowered Funds LLC now owns 56,652 shares of the credit services provider's stock valued at $685,000 after acquiring an additional 4,250 shares in the last quarter. Acadian Asset Management LLC lifted its holdings in Security National Financial by 303.0% in the first quarter. Acadian Asset Management LLC now owns 58,081 shares of the credit services provider's stock valued at $701,000 after acquiring an additional 43,670 shares during the period. Finally, Goldman Sachs Group Inc. boosted its holdings in Security National Financial by 36.4% during the first quarter. Goldman Sachs Group Inc. now owns 93,796 shares of the credit services provider's stock worth $1,135,000 after buying an additional 25,020 shares in the last quarter. 45.58% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen lowered shares of Security National Financial from a "buy" rating to a "hold" rating in a research note 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.