JPMorgan Chase & Co. Grows Holdings in Security National Financial Co. (NASDAQ:SNFCA)

JPMorgan Chase & Co. increased its position in shares of Security National Financial Co. (NASDAQ:SNFCA) by 1,673.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 6,368 shares of the credit services provider’s stock after purchasing an additional 6,009 shares during the quarter. JPMorgan Chase & Co.’s holdings in Security National Financial were worth $59,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Marshall Wace LLP bought a new stake in shares of Security National Financial in the second quarter valued at approximately $106,000. Point72 Asia Singapore Pte. Ltd. raised its position in shares of Security National Financial by 10.3% in the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 14,213 shares of the credit services provider’s stock valued at $131,000 after purchasing an additional 1,322 shares during the period. Ritholtz Wealth Management raised its position in shares of Security National Financial by 77.0% in the third quarter. Ritholtz Wealth Management now owns 25,647 shares of the credit services provider’s stock valued at $236,000 after purchasing an additional 11,160 shares during the period. Jane Street Group LLC raised its position in shares of Security National Financial by 28.5% in the third quarter. Jane Street Group LLC now owns 40,931 shares of the credit services provider’s stock valued at $377,000 after purchasing an additional 9,076 shares during the period. Finally, Barclays PLC raised its position in shares of 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 during the period. 45.58% of the stock is currently owned by hedge funds and other institutional investors.

Security National Financial Stock Performance

Shares of SNFCA stock opened at $12.38 on Tuesday. Security National Financial Co. has a one year low of $6.19 and a one year high of $13.59. The company’s 50-day moving average is $12.44 and its 200 day moving average is $10.29. The company has a market capitalization of $300.46 million, a price-to-earnings ratio of 10.08 and a beta of 1.10.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Security National Financial from a “buy” rating to a “strong-buy” rating in a research note on Friday.

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.