Dimensional Fund Advisors LP Boosts Position in Security National Financial Co. (NASDAQ:SNFCA)

Dimensional Fund Advisors LP lifted its position in Security National Financial Co. (NASDAQ:SNFCA) by 6.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 673,379 shares of the credit services provider’s stock after buying an additional 38,522 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Security National Financial were worth $8,101,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Ritholtz Wealth Management increased its stake in Security National Financial by 58.8% in the 4th quarter. Ritholtz Wealth Management now owns 40,734 shares of the credit services provider’s stock worth $490,000 after acquiring an additional 15,087 shares during the last quarter. Barclays PLC raised its stake in Security National Financial by 28.4% in the third quarter. Barclays PLC now owns 42,486 shares of the credit services provider’s stock valued at $391,000 after purchasing an additional 9,404 shares in the last quarter. Farther Finance Advisors LLC bought a new stake in Security National Financial during the fourth quarter valued at approximately $73,000. Empowered Funds LLC grew its stake 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 in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of Security National Financial by 1,673.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 6,368 shares of the credit services provider’s stock worth $59,000 after buying an additional 6,009 shares during the last quarter. 45.58% of the stock is currently owned by institutional investors.

Security National Financial Trading Down 1.6 %

SNFCA opened at $10.18 on Friday. The stock has a market capitalization of $251.33 million, a P/E ratio of 8.29 and a beta of 0.88. Security National Financial Co. has a 12-month low of $6.30 and a 12-month high of $13.59. The stock has a 50-day moving average price of $10.78 and a 200-day moving average price of $11.65.

Wall Street Analyst Weigh In

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

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.