Security National Financial (NASDAQ:SNFCA) Share Price Passes Below 200 Day Moving Average - Time to Sell?

Security National Financial Corporation (NASDAQ:SNFCA - Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $11.22 and traded as low as $9.79. Security National Financial shares last traded at $10.23, with a volume of 115,245 shares changing hands.

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 Stock Performance

The stock has a market cap of $256.78 million, a P/E ratio of 10.72 and a beta of 0.81. The stock has a 50-day moving average price of $10.00 and a 200-day moving average price of $11.18.

Security National Financial (NASDAQ:SNFCA - Get Free Report) last posted its quarterly earnings data on Thursday, May 15th. The credit services provider reported $0.18 earnings per share (EPS) for the quarter. Security National Financial had a net margin of 6.96% and a return on equity of 6.90%. The company had revenue of $82.74 million during the quarter.

Security National Financial Announces Dividend

The firm also recently disclosed a -- dividend, which will be paid on Friday, July 18th. Stockholders of record on Friday, July 11th will be paid a $5.00 dividend. The ex-dividend date of this dividend is Friday, July 11th.

Institutional Investors Weigh In On Security National Financial

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Tower Research Capital LLC TRC boosted its position in Security National Financial by 795.2% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,885 shares of the credit services provider's stock valued at $47,000 after buying an additional 3,451 shares during the period. Farther Finance Advisors LLC bought a new position in shares of Security National Financial during the fourth quarter valued at about $73,000. Cubist Systematic Strategies LLC boosted its holdings in shares of Security National Financial by 203.9% during the fourth quarter. Cubist Systematic Strategies LLC now owns 7,217 shares of the credit services provider's stock worth $87,000 after purchasing an additional 4,842 shares during the period. Jefferies Financial Group Inc. boosted its holdings in shares of Security National Financial by 15.4% during the fourth quarter. Jefferies Financial Group Inc. now owns 13,614 shares of the credit services provider's stock worth $164,000 after purchasing an additional 1,814 shares during the period. Finally, Trexquant Investment LP bought a new stake in shares of Security National Financial in the first quarter worth about $174,000. Institutional investors own 45.58% of the company's stock.

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.