Townsquare Capital LLC Sells 75,000 Shares of Security National Financial Co. (NASDAQ:SNFCA)

Townsquare Capital LLC lessened its holdings in Security National Financial Co. (NASDAQ:SNFCA - Free Report) by 64.5% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 41,291 shares of the credit services provider's stock after selling 75,000 shares during the period. Townsquare Capital LLC owned about 0.17% of Security National Financial worth $497,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Geode Capital Management LLC raised its stake in Security National Financial by 0.8% during the 3rd quarter. Geode Capital Management LLC now owns 132,414 shares of the credit services provider's stock worth $1,218,000 after acquiring an additional 1,080 shares during the period. O Shaughnessy Asset Management LLC lifted its stake in shares of Security National Financial by 42.6% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 93,682 shares of the credit services provider's stock valued at $1,127,000 after buying an additional 28,002 shares in the last quarter. Empowered Funds LLC boosted its holdings in Security National Financial by 4.9% in the 4th quarter. Empowered Funds LLC now owns 52,402 shares of the credit services provider's stock worth $630,000 after buying an additional 2,441 shares during the period. State Street Corp boosted its holdings in Security National Financial by 5.0% in the 3rd quarter. State Street Corp now owns 51,163 shares of the credit services provider's stock worth $471,000 after buying an additional 2,434 shares during the period. Finally, Barclays PLC increased its stake in Security National Financial by 28.4% in the 3rd quarter. Barclays PLC now owns 42,486 shares of the credit services provider's stock worth $391,000 after buying an additional 9,404 shares in the last quarter. 45.58% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered Security National Financial from a "buy" rating to a "hold" rating in a research note on Tuesday, April 1st.

Security National Financial Price Performance

Shares of SNFCA stock traded down $0.05 during mid-day trading on Friday, hitting $9.74. The company had a trading volume of 4,382 shares, compared to its average volume of 37,502. The stock's 50 day moving average price is $11.36 and its 200-day moving average price is $11.59. Security National Financial Co. has a 52-week low of $6.19 and a 52-week high of $13.59. The company has a market capitalization of $240.35 million, a P/E ratio of 7.93 and a beta of 1.04.

Security National Financial 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.