Security National Financial (NASDAQ:SNFCA) Stock Crosses Above Two Hundred Day Moving Average of $7.82

Security National Financial Co. (NASDAQ:SNFCA) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $7.82 and traded as high as $9.19. Security National Financial shares last traded at $9.16, with a volume of 27,515 shares trading hands.

Analyst Ratings Changes

Separately, StockNews.com cut Security National Financial from a “strong-buy” rating to a “buy” rating in a report on Tuesday, August 13th.

Security National Financial Price Performance

The stock has a market cap of $221.86 million, a P/E ratio of 10.45 and a beta of 1.02. The stock’s 50-day moving average is $8.41 and its two-hundred day moving average is $7.83.

Security National Financial (NASDAQ:SNFCA) last released its quarterly earnings data on Wednesday, August 14th. The credit services provider reported $0.30 EPS for the quarter. Security National Financial had a net margin of 6.72% and a return on equity of 6.89%. The business had revenue of $85.79 million during the quarter.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Security National Financial during the 2nd quarter valued at about $103,000. Marshall Wace LLP purchased a new stake in Security National Financial during the second quarter valued at approximately $106,000. Hsbc Holdings PLC bought a new stake in shares of Security National Financial in the 2nd quarter valued at approximately $198,000. Renaissance Technologies LLC lifted its stake in shares of Security National Financial by 43.8% in the 2nd quarter. Renaissance Technologies LLC now owns 291,553 shares of the credit services provider’s stock valued at $2,330,000 after purchasing an additional 88,850 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Security National Financial by 10.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 550,809 shares of the credit services provider’s stock valued at $4,401,000 after purchasing an additional 51,539 shares during the last quarter. 45.58% of the stock is currently owned by institutional investors.

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.