StockNews.com cut shares of Security National Financial (NASDAQ:SNFCA – Free Report) from a buy rating to a hold rating in a research report released on Tuesday morning.
Security National Financial Price Performance
Shares of NASDAQ:SNFCA opened at $11.20 on Tuesday. The firm has a market capitalization of $271.88 million, a P/E ratio of 9.12 and a beta of 1.10. The business’s 50-day moving average is $12.64 and its 200 day moving average is $11.58. Security National Financial has a 1 year low of $6.19 and a 1 year high of $13.59.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in SNFCA. Tower Research Capital LLC TRC raised its stake in shares of Security National Financial by 795.2% in the fourth quarter. Tower Research Capital LLC TRC now owns 3,885 shares of the credit services provider’s stock worth $47,000 after purchasing an additional 3,451 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in 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 period. Farther Finance Advisors LLC purchased a new position in Security National Financial during the 4th quarter worth approximately $73,000. Cubist Systematic Strategies LLC lifted its stake in Security National Financial by 203.9% during the 4th quarter. Cubist Systematic Strategies LLC now owns 7,217 shares of the credit services provider’s stock valued at $87,000 after acquiring an additional 4,842 shares during the period. Finally, Point72 Asia Singapore Pte. Ltd. lifted its stake in Security National Financial by 10.3% during the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 14,213 shares of the credit services provider’s stock valued at $131,000 after acquiring an additional 1,322 shares during the period. Hedge funds and other 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.
Read More
- Five stocks we like better than Security National Financial
- Find and Profitably Trade Stocks at 52-Week Lows
- D-Wave: Multiple Use Cases Emerge Following Quantum Supremacy
- What is a Low P/E Ratio and What Does it Tell Investors?
- Amazon Falls Back to a Key Support Line: Here’s How to Play It
- Bank Stocks – Best Bank Stocks to Invest In
- Buffett Trims Equities, But Still Keeps Buying This Stock
Receive News & Ratings for Security National Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Security National Financial and related companies with MarketBeat.com's FREE daily email newsletter.
