Security National Financial (NASDAQ:SNFCA) Shares Cross Below 200 Day Moving Average of $7.92

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 $7.92 and traded as low as $7.57. Security National Financial shares last traded at $7.72, with a volume of 86,423 shares traded.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Security National Financial from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 15th.

Security National Financial Trading Up 3.6 %

The company has a market cap of $184.01 million, a price-to-earnings ratio of 8.68 and a beta of 1.01. The stock’s fifty day simple moving average is $7.47 and its 200 day simple moving average is $7.91.

Security National Financial (NASDAQ:SNFCA) last released its quarterly earnings data on Tuesday, May 14th. The credit services provider reported $0.33 EPS for the quarter. The company had revenue of $81.19 million during the quarter. Security National Financial had a net margin of 6.47% and a return on equity of 6.74%.

Institutional Trading of Security National Financial

Several hedge funds have recently made changes to their positions in the company. Carlson Capital L P grew its stake in shares of Security National Financial by 4.1% in the 1st quarter. Carlson Capital L P now owns 220,048 shares of the credit services provider’s stock valued at $1,741,000 after buying an additional 8,747 shares during the period. O Shaughnessy Asset Management LLC boosted its position in shares of Security National Financial by 58.4% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 49,879 shares of the credit services provider’s stock worth $395,000 after purchasing an additional 18,393 shares during the period. Hillsdale Investment Management Inc. boosted its position in shares of Security National Financial by 45.8% during the 1st quarter. Hillsdale Investment Management Inc. now owns 22,300 shares of the credit services provider’s stock worth $176,000 after purchasing an additional 7,000 shares during the period. Vanguard Group Inc. boosted its position in shares of Security National Financial by 1.2% during the 1st quarter. Vanguard Group Inc. now owns 609,575 shares of the credit services provider’s stock worth $4,822,000 after purchasing an additional 7,219 shares during the period. Finally, Empowered Funds LLC boosted its position in shares of Security National Financial by 8.1% during the 1st quarter. Empowered Funds LLC now owns 41,919 shares of the credit services provider’s stock worth $332,000 after purchasing an additional 3,150 shares during the period. Hedge funds and other 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.