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

Security National Financial Corporation (NASDAQ:SNFCA - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-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 downgraded shares of Security National Financial from a "buy" rating to a "hold" rating in a research report on Tuesday, April 1st.

Security National Financial Trading Down 2.7%

The firm has a market capitalization of $247.64 million, a P/E ratio of 10.34 and a beta of 0.81. The firm has a 50 day moving average price of $10.00 and a 200-day moving average price of $11.14.

Security National Financial (NASDAQ:SNFCA - Get Free Report) last released its earnings results 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 firm had revenue of $82.74 million during the quarter.

Security National Financial Dividend Announcement

The business also recently disclosed a -- dividend, which will be paid on Friday, July 18th. Investors of record on Friday, July 11th will be issued a dividend of $5.00 per share. The ex-dividend date of this dividend is Friday, July 11th.

Institutional Investors Weigh In On Security National Financial

Hedge funds have recently made changes to their positions in the company. Bank of America Corp DE boosted its position in Security National Financial by 31.8% during the 4th quarter. Bank of America Corp DE now owns 17,226 shares of the credit services provider's stock valued at $207,000 after acquiring an additional 4,161 shares in the last quarter. Northern Trust Corp boosted its position in Security National Financial by 6.4% during the fourth quarter. Northern Trust Corp now owns 45,855 shares of the credit services provider's stock valued at $552,000 after purchasing an additional 2,741 shares in the last quarter. Farther Finance Advisors LLC bought a new stake in Security National Financial during the fourth quarter valued at about $73,000. Jane Street Group LLC grew its stake in Security National Financial by 91.2% in the fourth quarter. Jane Street Group LLC now owns 78,257 shares of the credit services provider's stock valued at $941,000 after purchasing an additional 37,326 shares during the last quarter. Finally, Millennium Management LLC raised its holdings in Security National Financial by 49.1% in the fourth quarter. Millennium Management LLC now owns 121,907 shares of the credit services provider's stock worth $1,467,000 after purchasing an additional 40,138 shares in the last quarter. 45.58% of the stock is currently owned by hedge funds and other institutional investors.

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.

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