Ritholtz Wealth Management Raises Position in Security National Financial Co. (NASDAQ:SNFCA)

Ritholtz Wealth Management lifted its stake in shares of Security National Financial Co. (NASDAQ:SNFCA) by 77.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 25,647 shares of the credit services provider’s stock after buying an additional 11,160 shares during the quarter. Ritholtz Wealth Management’s holdings in Security National Financial were worth $236,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SNFCA. Vanguard Group Inc. raised its stake in shares of Security National Financial by 1.2% during the first quarter. Vanguard Group Inc. now owns 609,575 shares of the credit services provider’s stock valued at $4,822,000 after purchasing an additional 7,219 shares during the period. Dimensional Fund Advisors LP grew its holdings in 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 in the last quarter. Renaissance Technologies LLC increased its stake in Security National Financial by 43.8% during the 2nd quarter. Renaissance Technologies LLC now owns 291,553 shares of the credit services provider’s stock worth $2,330,000 after buying an additional 88,850 shares during the period. Carlson Capital L P lifted its holdings in Security National Financial by 4.1% in the 1st quarter. Carlson Capital L P now owns 220,048 shares of the credit services provider’s stock worth $1,741,000 after buying an additional 8,747 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its position in Security National Financial by 9.3% in the 1st quarter. Janney Montgomery Scott LLC now owns 64,798 shares of the credit services provider’s stock valued at $513,000 after buying an additional 5,492 shares during the last quarter. 45.58% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Security National Financial Trading Up 1.6 %

Security National Financial stock opened at $9.78 on Friday. Security National Financial Co. has a 52 week low of $6.19 and a 52 week high of $9.95. The stock has a market cap of $236.75 million, a P/E ratio of 10.75 and a beta of 1.02. The stock has a 50 day moving average of $8.82 and a 200-day moving average of $7.97.

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

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.