Security National Financial (NASDAQ:SNFCA) Stock Rating Upgraded by StockNews.com

Security National Financial (NASDAQ:SNFCA) was upgraded by equities researchers at StockNews.com from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Thursday.

Security National Financial Price Performance

Shares of SNFCA stock opened at $12.80 on Thursday. The company has a market cap of $310.00 million, a price-to-earnings ratio of 10.41 and a beta of 1.01. Security National Financial has a 1 year low of $6.19 and a 1 year high of $12.98. The firm has a fifty day moving average price of $9.82 and a 200-day moving average price of $8.62.

Institutional Trading of Security National Financial

Institutional investors and hedge funds have recently modified their holdings of the company. Marshall Wace LLP bought a new stake in Security National Financial during the 2nd quarter valued at approximately $106,000. O Shaughnessy Asset Management LLC raised its position in shares of Security National Financial by 58.4% during 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 last quarter. Ritholtz Wealth Management lifted its holdings in shares of Security National Financial by 77.0% in the third quarter. Ritholtz Wealth Management now owns 25,647 shares of the credit services provider’s stock worth $236,000 after buying an additional 11,160 shares in the last quarter. Renaissance Technologies LLC boosted its position in shares of 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 worth $2,330,000 after acquiring an additional 88,850 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its stake in Security National Financial by 171.7% during the first quarter. BNP Paribas Financial Markets now owns 10,695 shares of the credit services provider’s stock valued at $85,000 after acquiring an additional 6,759 shares in the last quarter. 45.58% of the stock is currently owned by institutional investors.

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.