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

Key Points

• Security National Financial Corporation (NASDAQ: SNFCA) shares fell below their 200-day moving average for the first time, trading as low as $8.31 compared to the moving average of $10.78.
• The company's recent earnings report showed $0.18 earnings per share and revenue of $82.74 million for the quarter, with a net margin of 6.96%.
• Institutional ownership of Security National Financial is at 45.58%, with notable increases in stakes from several hedge funds during the fourth quarter.

Security National Financial Corporation (NASDAQ:SNFCA - Get Free Report)'s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $10.78 and traded as low as $8.31. Security National Financial shares last traded at $8.41, with a volume of 47,417 shares trading hands.

Security National Financial Stock Performance

The stock's 50-day moving average price is $9.50 and its two-hundred day moving average price is $10.73. The stock has a market capitalization of $231.21 million, a P/E ratio of 9.66 and a beta of 0.84.

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

Hedge Funds Weigh In On Security National Financial

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Point72 Asia Singapore Pte. Ltd. lifted its holdings in Security National Financial by 7.0% during the 4th quarter. Point72 Asia Singapore Pte. Ltd. now owns 15,213 shares of the credit services provider's stock worth $183,000 after purchasing an additional 1,000 shares in the last quarter. Barclays PLC increased its position in shares of Security National Financial by 3.3% during the fourth quarter. Barclays PLC now owns 43,881 shares of the credit services provider's stock valued at $528,000 after buying an additional 1,395 shares during the period. Jefferies Financial Group Inc. increased its position 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 valued at $164,000 after buying an additional 1,814 shares during the period. Northern Trust Corp lifted its holdings in shares of Security National Financial by 6.4% in the fourth quarter. Northern Trust Corp now owns 45,855 shares of the credit services provider's stock worth $552,000 after buying an additional 2,741 shares in the last quarter. Finally, Tower Research Capital LLC TRC boosted its position in shares of Security National Financial by 795.2% in the fourth 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. 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.