StockNews.com Upgrades Security National Financial (NASDAQ:SNFCA) to “Strong-Buy”

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

Security National Financial Price Performance

Security National Financial stock opened at $8.25 on Tuesday. The stock has a market capitalization of $199.49 million, a PE ratio of 9.42 and a beta of 1.02. Security National Financial has a 12 month low of $6.19 and a 12 month high of $9.29. The business has a 50 day simple moving average of $7.85 and a 200-day simple moving average of $7.73.

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

Institutional Trading of Security National Financial

Institutional investors and hedge funds have recently made changes to their positions in the business. Physician Wealth Advisors Inc. boosted its stake in shares of Security National Financial by 5.0% in the second quarter. Physician Wealth Advisors Inc. now owns 32,296 shares of the credit services provider’s stock worth $251,000 after acquiring an additional 1,538 shares during the last quarter. Carlson Capital L P boosted its stake in shares of Security National Financial by 4.1% in the first quarter. Carlson Capital L P now owns 220,048 shares of the credit services provider’s stock worth $1,741,000 after acquiring an additional 8,747 shares during the last quarter. O Shaughnessy Asset Management LLC boosted its stake in shares of Security National Financial by 58.4% in the first quarter. O Shaughnessy Asset Management LLC now owns 49,879 shares of the credit services provider’s stock worth $395,000 after acquiring an additional 18,393 shares during the last quarter. Hillsdale Investment Management Inc. boosted its stake in shares of Security National Financial by 45.8% in the first quarter. Hillsdale Investment Management Inc. now owns 22,300 shares of the credit services provider’s stock worth $176,000 after acquiring an additional 7,000 shares during the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of Security National Financial by 1.2% in the first quarter. Vanguard Group Inc. now owns 609,575 shares of the credit services provider’s stock worth $4,822,000 after acquiring an additional 7,219 shares during the last quarter. 45.58% of the stock is currently owned by hedge funds and other 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.