Security National Financial Co. (NASDAQ:SNFCA) Shares Acquired by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC grew its holdings in Security National Financial Co. (NASDAQ:SNFCA) by 795.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,885 shares of the credit services provider’s stock after purchasing an additional 3,451 shares during the quarter. Tower Research Capital LLC TRC’s holdings in Security National Financial were worth $47,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Barclays PLC grew its position in shares of Security National Financial by 3.3% in the fourth quarter. Barclays PLC now owns 43,881 shares of the credit services provider’s stock valued at $528,000 after purchasing an additional 1,395 shares during the last quarter. Empowered Funds LLC boosted its position in Security National Financial by 4.9% during the fourth quarter. Empowered Funds LLC now owns 52,402 shares of the credit services provider’s stock worth $630,000 after acquiring an additional 2,441 shares during the last quarter. JPMorgan Chase & Co. boosted 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 last quarter. Farther Finance Advisors LLC acquired a new stake in Security National Financial during the fourth quarter worth approximately $73,000. Finally, Marshall Wace LLP boosted its position in Security National Financial by 42.4% during the fourth quarter. Marshall Wace LLP now owns 35,833 shares of the credit services provider’s stock worth $431,000 after acquiring an additional 10,675 shares during the last quarter. 45.58% of the stock is currently owned by institutional investors and hedge funds.

Security National Financial Stock Performance

Shares of NASDAQ SNFCA opened at $10.26 on Tuesday. Security National Financial Co. has a 1 year low of $6.30 and a 1 year high of $13.59. The firm’s 50 day moving average price is $10.73 and its 200 day moving average price is $11.66. The firm has a market cap of $253.31 million, a P/E ratio of 8.35 and a beta of 0.88.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of Security National Financial from a “buy” rating to a “hold” rating in a research 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.