Security National Financial (NASDAQ:SNFCA) Stock Passes Below 200 Day Moving Average of $7.95

Security National Financial Co. (NASDAQ:SNFCA) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $7.95 and traded as low as $6.51. Security National Financial shares last traded at $6.81, with a volume of 48,608 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Security National Financial from a “buy” rating to a “hold” rating in a research report on Monday, April 1st.

Security National Financial Stock Up 4.0 %

The company’s fifty day simple moving average is $7.66 and its 200 day simple moving average is $7.95. The firm has a market capitalization of $156.77 million, a PE ratio of 10.48 and a beta of 0.91.

Security National Financial (NASDAQ:SNFCA) last announced its earnings results on Monday, April 1st. The credit services provider reported $0.13 earnings per share for the quarter. Security National Financial had a net margin of 4.55% and a return on equity of 4.81%. The business had revenue of $74.91 million during the quarter.

Hedge Funds Weigh In On Security National Financial

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Soltis Investment Advisors LLC bought a new stake in shares of Security National Financial during the fourth quarter valued at approximately $26,399,000. Janney Montgomery Scott LLC increased its position in shares of Security National Financial by 17.9% during the fourth quarter. Janney Montgomery Scott LLC now owns 59,306 shares of the credit services provider’s stock valued at $534,000 after acquiring an additional 8,992 shares in the last quarter. EP Wealth Advisors LLC bought a new stake in shares of Security National Financial during the fourth quarter valued at approximately $521,000. Bank of New York Mellon Corp increased its position in shares of Security National Financial by 6.5% during the third quarter. Bank of New York Mellon Corp now owns 40,535 shares of the credit services provider’s stock valued at $318,000 after acquiring an additional 2,469 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC increased its position in shares of Security National Financial by 102.5% during the third quarter. O Shaughnessy Asset Management LLC now owns 31,407 shares of the credit services provider’s stock valued at $246,000 after acquiring an additional 15,899 shares in the last quarter. 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.