Security National Financial (NASDAQ:SNFCA) Upgraded at StockNews.com

StockNews.com upgraded shares of Security National Financial (NASDAQ:SNFCA) from a buy rating to a strong-buy rating in a report published on Saturday morning.

Security National Financial Trading Down 2.1 %

SNFCA opened at $11.80 on Friday. The stock has a market capitalization of $286.45 million, a P/E ratio of 9.61 and a beta of 1.09. Security National Financial has a 12 month low of $6.19 and a 12 month high of $13.59. The firm’s fifty day simple moving average is $11.36 and its 200 day simple moving average is $9.36.

Hedge Funds Weigh In On Security National Financial

A number of large investors have recently bought and sold shares of SNFCA. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Security National Financial during the 2nd quarter worth about $103,000. Marshall Wace LLP bought a new stake in Security National Financial during the second quarter worth about $106,000. Ritholtz Wealth Management boosted its position in 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. Hsbc Holdings PLC bought a new position in Security National Financial in the second quarter valued at approximately $198,000. Finally, Jane Street Group LLC increased its position in shares of Security National Financial by 28.5% during the 3rd quarter. Jane Street Group LLC now owns 40,931 shares of the credit services provider’s stock worth $377,000 after purchasing an additional 9,076 shares during the last quarter. Institutional investors and hedge funds 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.