Security National Financial (NASDAQ:SNFCA) Share Price Passes Below 200-Day Moving Average - What's Next?

Security National Financial Corporation (NASDAQ:SNFCA - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $11.14 and traded as low as $9.95. Security National Financial shares last traded at $10.03, with a volume of 62,277 shares traded.

Analyst Ratings Changes

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

Security National Financial Stock Performance

The company has a market capitalization of $243.13 million, a PE ratio of 10.15 and a beta of 0.81. The business's 50-day moving average is $9.97 and its 200-day moving average is $11.11.

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

Security National Financial Announces Dividend

The business also recently announced a -- dividend, which will be paid on Friday, July 18th. Shareholders of record on Friday, July 11th will be given 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 large investors have recently added to or reduced their stakes in SNFCA. Tower Research Capital LLC TRC grew its position in shares of 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 acquiring an additional 3,451 shares during the period. Farther Finance Advisors LLC bought a new stake in shares of Security National Financial during the 4th quarter valued at $73,000. Cubist Systematic Strategies LLC grew its position in shares of Security National Financial by 203.9% during the 4th quarter. Cubist Systematic Strategies LLC now owns 7,217 shares of the credit services provider's stock valued at $87,000 after acquiring an additional 4,842 shares during the period. Jefferies Financial Group Inc. grew its position in shares of Security National Financial by 15.4% during the 4th quarter. Jefferies Financial Group Inc. now owns 13,614 shares of the credit services provider's stock valued at $164,000 after acquiring an additional 1,814 shares during the period. Finally, Trexquant Investment LP purchased a new position in shares of Security National Financial during the 1st quarter valued at $174,000. Institutional investors own 45.58% of the company's stock.

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.