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

Shares of Security National Financial Corporation (NASDAQ:SNFCA - Get Free Report) crossed 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 trading hands.

Analyst Upgrades and Downgrades

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

Security National Financial Stock Up 1.9%

The firm has a market cap of $256.78 million, a PE ratio of 10.72 and a beta of 0.81. The company has a 50-day simple moving average of $9.99 and a two-hundred day simple moving average of $11.19.

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

Security National Financial Announces Dividend

The company also recently announced a -- dividend, which will be paid on Friday, July 18th. Shareholders of record on Friday, July 11th will be paid a $5.00 dividend. The ex-dividend date is Friday, July 11th.

Institutional Investors Weigh In On Security National Financial

Large investors have recently added to or reduced their stakes in the company. Susquehanna International Group LLP raised its position in shares of Security National Financial by 962.3% in the fourth quarter. Susquehanna International Group LLP now owns 237,691 shares of the credit services provider's stock valued at $2,859,000 after purchasing an additional 215,315 shares during the period. Acadian Asset Management LLC boosted its holdings in Security National Financial by 303.0% in the 1st quarter. Acadian Asset Management LLC now owns 58,081 shares of the credit services provider's stock worth $701,000 after buying an additional 43,670 shares during the period. Millennium Management LLC grew its stake in Security National Financial by 49.1% in the 4th quarter. Millennium Management LLC now owns 121,907 shares of the credit services provider's stock valued at $1,467,000 after buying an additional 40,138 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Security National Financial by 6.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 673,379 shares of the credit services provider's stock valued at $8,101,000 after acquiring an additional 38,522 shares during the period. Finally, Jane Street Group LLC raised its holdings in Security National Financial by 91.2% during the 4th quarter. Jane Street Group LLC now owns 78,257 shares of the credit services provider's stock valued at $941,000 after acquiring an additional 37,326 shares during the period. Hedge funds and other 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.