Soltis Investment Advisors LLC Sells 197,117 Shares of Security National Financial Co. (NASDAQ:SNFCA)

Soltis Investment Advisors LLC reduced its position in Security National Financial Co. (NASDAQ:SNFCA - Free Report) by 7.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,623,831 shares of the credit services provider's stock after selling 197,117 shares during the period. Security National Financial comprises about 2.9% of Soltis Investment Advisors LLC's portfolio, making the stock its 4th biggest holding. Soltis Investment Advisors LLC owned about 10.81% of Security National Financial worth $31,565,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in SNFCA. JPMorgan Chase & Co. raised its position in Security National Financial by 1,673.8% during the third quarter. JPMorgan Chase & Co. now owns 6,368 shares of the credit services provider's stock worth $59,000 after acquiring an additional 6,009 shares during the period. Marshall Wace LLP acquired a new position in Security National Financial during the second quarter worth $106,000. Point72 Asia Singapore Pte. Ltd. grew its holdings in shares of Security National Financial by 10.3% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 14,213 shares of the credit services provider's stock worth $131,000 after buying an additional 1,322 shares in the last quarter. Ritholtz Wealth Management grew its holdings in shares of Security National Financial by 77.0% during the third quarter. Ritholtz Wealth Management now owns 25,647 shares of the credit services provider's stock worth $236,000 after buying an additional 11,160 shares in the last quarter. Finally, Jane Street Group LLC grew its holdings in shares of Security National Financial by 28.5% during the third quarter. Jane Street Group LLC now owns 40,931 shares of the credit services provider's stock worth $377,000 after buying an additional 9,076 shares in the last quarter. 45.58% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Security National Financial from a "strong-buy" rating to a "buy" rating in a report on Saturday, February 8th.

Security National Financial Stock Up 1.4 %

SNFCA stock traded up $0.18 during mid-day trading on Thursday, hitting $13.09. 26,487 shares of the company were exchanged, compared to its average volume of 30,713. The firm has a market capitalization of $317.69 million, a P/E ratio of 10.66 and a beta of 1.10. The business has a fifty day simple moving average of $12.41 and a 200-day simple moving average of $10.56. Security National Financial Co. has a 12-month low of $6.19 and a 12-month high of $13.59.

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.