Security National Financial (NASDAQ:SNFCA) Raised to Strong-Buy at StockNews.com

Security National Financial (NASDAQ:SNFCA) was upgraded by investment analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a research note issued to investors on Saturday.

Security National Financial Trading Down 2.1 %

SNFCA opened at $11.80 on Friday. The stock’s 50 day simple moving average is $11.36 and its 200-day simple moving average is $9.37. The stock has a market cap of $286.45 million, a PE ratio of 9.61 and a beta of 1.09. 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 institutional investors have recently modified their holdings of SNFCA. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Security National Financial in the second quarter valued at about $103,000. Marshall Wace LLP bought a new position in shares of Security National Financial in the second quarter worth about $106,000. Hsbc Holdings PLC acquired a new position in shares of Security National Financial during the second quarter worth approximately $198,000. Ritholtz Wealth Management grew its stake in shares of Security National Financial by 77.0% during the third quarter. Ritholtz Wealth Management now owns 25,647 shares of the credit services provider’s stock valued at $236,000 after purchasing an additional 11,160 shares during the last quarter. Finally, Jane Street Group LLC increased its holdings in shares of Security National Financial by 28.5% in the third quarter. Jane Street Group LLC now owns 40,931 shares of the credit services provider’s stock valued at $377,000 after purchasing an additional 9,076 shares in the last quarter. Institutional investors own 45.58% of the company’s stock.

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.