Empowered Funds LLC Acquires 4,802 Shares of Security National Financial Co. (NASDAQ:SNFCA)

Empowered Funds LLC lifted its holdings in shares of Security National Financial Co. (NASDAQ:SNFCA) by 10.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 49,961 shares of the credit services provider’s stock after acquiring an additional 4,802 shares during the quarter. Empowered Funds LLC’s holdings in Security National Financial were worth $460,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Renaissance Technologies LLC boosted its stake in Security National Financial by 43.8% during the second quarter. Renaissance Technologies LLC now owns 291,553 shares of the credit services provider’s stock valued at $2,330,000 after buying an additional 88,850 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of 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 valued at $4,401,000 after purchasing an additional 51,539 shares during the period. Hsbc Holdings PLC purchased a new position in shares of Security National Financial during the second quarter valued at approximately $198,000. O Shaughnessy Asset Management LLC raised its stake 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 worth $395,000 after buying an additional 18,393 shares in the last quarter. Finally, Marshall Wace LLP purchased a new position in Security National Financial during the second quarter valued at $106,000. Hedge funds and other institutional investors own 45.58% of the company’s stock.

Security National Financial Stock Up 1.4 %

NASDAQ SNFCA opened at $12.80 on Monday. The business has a 50-day moving average price of $9.82 and a 200-day moving average price of $8.65. The firm has a market cap of $310.66 million, a price-to-earnings ratio of 10.42 and a beta of 1.01. Security National Financial Co. has a twelve month low of $6.19 and a twelve month high of $12.98.

Wall Street Analysts Forecast Growth

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

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.