Security National Financial (NASDAQ:SNFCA) Cut to “Hold” at StockNews.com

StockNews.com lowered shares of Security National Financial (NASDAQ:SNFCA) from a buy rating to a hold rating in a research report report published on Wednesday.

Security National Financial Stock Up 0.2 %

Shares of SNFCA opened at $10.56 on Wednesday. The stock has a market cap of $255.76 million, a price-to-earnings ratio of 11.61 and a beta of 1.01. Security National Financial has a 12 month low of $6.19 and a 12 month high of $10.76. The company has a 50-day moving average price of $9.46 and a two-hundred day moving average price of $8.42.

Security National Financial (NASDAQ:SNFCA) last announced its quarterly earnings results on Wednesday, August 14th. The credit services provider reported $0.30 EPS for the quarter. The firm had revenue of $85.79 million during the quarter. Security National Financial had a net margin of 6.72% and a return on equity of 6.89%.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of SNFCA. Geode Capital Management LLC raised its position in Security National Financial by 0.8% in the 3rd quarter. Geode Capital Management LLC now owns 132,414 shares of the credit services provider’s stock worth $1,218,000 after purchasing an additional 1,080 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. raised its position in Security National Financial by 10.3% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 14,213 shares of the credit services provider’s stock worth $131,000 after purchasing an additional 1,322 shares during the last quarter. Physician Wealth Advisors Inc. raised its position in Security National Financial by 5.0% in the 2nd quarter. Physician Wealth Advisors Inc. now owns 32,296 shares of the credit services provider’s stock worth $251,000 after purchasing an additional 1,538 shares during the last quarter. State Street Corp raised its position 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 purchasing an additional 2,434 shares during the last quarter. Finally, EP Wealth Advisors LLC raised its position in Security National Financial by 5.0% in the 3rd quarter. EP Wealth Advisors LLC now owns 60,825 shares of the credit services provider’s stock worth $560,000 after purchasing an additional 2,896 shares during the last quarter. Institutional investors own 45.58% of the company’s stock.

About Security National Financial

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.