Security National Financial (NASDAQ:SNFCA) Share Price Crosses Below 200-Day Moving Average of $7.95

Security National Financial Co. (NASDAQ:SNFCA) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $7.95 and traded as low as $6.51. Security National Financial shares last traded at $6.81, with a volume of 48,608 shares traded.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of Security National Financial from a “buy” rating to a “hold” rating in a research report on Monday, April 1st.

Security National Financial Trading Up 4.0 %

The firm’s 50-day moving average price is $7.66 and its two-hundred day moving average price is $7.95. The stock has a market cap of $156.77 million, a PE ratio of 10.48 and a beta of 0.91.

Security National Financial (NASDAQ:SNFCA) last announced its quarterly earnings results on Monday, April 1st. The credit services provider reported $0.13 earnings per share for the quarter. Security National Financial had a net margin of 4.55% and a return on equity of 4.81%. The firm had revenue of $74.91 million during the quarter.

Institutional Investors Weigh In On Security National Financial

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Soltis Investment Advisors LLC purchased a new stake in Security National Financial during the fourth quarter valued at approximately $26,399,000. Janney Montgomery Scott LLC lifted 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. EP Wealth Advisors LLC purchased a new stake in Security National Financial during the fourth quarter valued at approximately $521,000. Bank of New York Mellon Corp increased its stake in Security National Financial by 6.5% during the 3rd quarter. Bank of New York Mellon Corp now owns 40,535 shares of the credit services provider’s stock valued at $318,000 after purchasing an additional 2,469 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC increased its stake in Security National Financial by 102.5% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 31,407 shares of the credit services provider’s stock valued at $246,000 after purchasing an additional 15,899 shares in the last quarter. Hedge funds and other institutional investors own 45.58% of the company’s stock.

About Security National Financial

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.