Renaissance Technologies LLC Has $2.33 Million Stock Holdings in Security National Financial Co. (NASDAQ:SNFCA)

Renaissance Technologies LLC increased its stake in Security National Financial Co. (NASDAQ:SNFCA) by 43.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 291,553 shares of the credit services provider’s stock after acquiring an additional 88,850 shares during the quarter. Renaissance Technologies LLC owned about 1.21% of Security National Financial worth $2,330,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SNFCA. EP Wealth Advisors LLC bought a new position in Security National Financial during the 4th quarter worth approximately $521,000. Dimensional Fund Advisors LP raised its stake in Security National Financial by 10.3% during the second quarter. Dimensional Fund Advisors LP now owns 550,809 shares of the credit services provider’s stock worth $4,401,000 after buying an additional 51,539 shares during the last quarter. O Shaughnessy Asset Management LLC lifted its holdings in Security National Financial by 58.4% in the first quarter. O Shaughnessy Asset Management LLC now owns 49,879 shares of the credit services provider’s stock valued at $395,000 after buying an additional 18,393 shares during the period. Janney Montgomery Scott LLC boosted its position in Security National Financial by 17.9% during the fourth quarter. Janney Montgomery Scott LLC now owns 59,306 shares of the credit services provider’s stock valued at $534,000 after acquiring an additional 8,992 shares during the last quarter. Finally, Carlson Capital L P grew its holdings in Security National Financial by 4.1% during the 1st quarter. Carlson Capital L P now owns 220,048 shares of the credit services provider’s stock worth $1,741,000 after acquiring an additional 8,747 shares during the period. 45.58% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Security National Financial Stock Performance

Security National Financial stock opened at $9.20 on Wednesday. The stock’s 50 day moving average price is $8.46 and its two-hundred day moving average price is $7.84. The stock has a market capitalization of $222.82 million, a price-to-earnings ratio of 10.50 and a beta of 1.02. Security National Financial Co. has a 52-week low of $6.19 and a 52-week high of $9.29.

Security National Financial (NASDAQ:SNFCA) last issued its earnings results on Wednesday, August 14th. The credit services provider reported $0.30 earnings per share (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 for the quarter.

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.