Security National Financial (NASDAQ:SNFCA - Get Free Report) was downgraded by stock analysts at StockNews.com from a "buy" rating to a "hold" rating in a research note issued to investors on Tuesday.
Security National Financial Stock Performance
Security National Financial stock traded down $0.73 during mid-day trading on Tuesday, hitting $9.58. The company's stock had a trading volume of 63,778 shares, compared to its average volume of 48,564. The company has a 50 day moving average of $12.50 and a 200-day moving average of $11.60. Security National Financial has a one year low of $6.19 and a one year high of $13.59. The stock has a market cap of $232.55 million, a PE ratio of 7.80 and a beta of 1.04.
Institutional Trading of Security National Financial
A number of large investors have recently modified their holdings of SNFCA. Tower Research Capital LLC TRC lifted its stake in 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 worth $47,000 after acquiring an additional 3,451 shares during the period. Farther Finance Advisors LLC purchased a new stake in shares of Security National Financial in the 4th quarter worth approximately $73,000. JPMorgan Chase & Co. boosted its stake in shares of 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 valued at $59,000 after purchasing an additional 6,009 shares in the last quarter. Cubist Systematic Strategies LLC increased its holdings in Security National Financial by 203.9% during the fourth quarter. Cubist Systematic Strategies LLC now owns 7,217 shares of the credit services provider's stock valued at $87,000 after buying an additional 4,842 shares during the period. Finally, Jefferies Financial Group Inc. raised its stake in Security National Financial by 15.4% in the fourth quarter. Jefferies Financial Group Inc. now owns 13,614 shares of the credit services provider's stock worth $164,000 after buying an additional 1,814 shares in the last quarter. Hedge funds and other institutional investors own 45.58% of the company's stock.
Security National Financial Company Profile
(
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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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