M3F Inc. Boosts Stock Holdings in Security National Financial Corporation $SNFCA

M3F Inc. increased its position in shares of Security National Financial Corporation (NASDAQ:SNFCA) by 5.2% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,233,648 shares of the credit services provider’s stock after buying an additional 111,223 shares during the period. Security National Financial accounts for 5.5% of M3F Inc.’s holdings, making the stock its 8th biggest holding. M3F Inc. owned about 8.60% of Security National Financial worth $19,366,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the company. Ameriprise Financial Inc. raised its position in shares of Security National Financial by 0.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 467,818 shares of the credit services provider’s stock worth $4,608,000 after acquiring an additional 1,746 shares in the last quarter. Bank of America Corp DE boosted its position in shares of Security National Financial by 86.1% during the 2nd quarter. Bank of America Corp DE now owns 11,664 shares of the credit services provider’s stock valued at $115,000 after purchasing an additional 5,398 shares in the last quarter. Bridgeway Capital Management LLC grew its stake in Security National Financial by 1.6% during the second quarter. Bridgeway Capital Management LLC now owns 336,704 shares of the credit services provider’s stock worth $3,317,000 after purchasing an additional 5,204 shares during the period. BNP Paribas Financial Markets increased its holdings in Security National Financial by 306.8% in the second quarter. BNP Paribas Financial Markets now owns 2,831 shares of the credit services provider’s stock worth $28,000 after purchasing an additional 2,135 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in Security National Financial by 12.0% in the third quarter. JPMorgan Chase & Co. now owns 15,661 shares of the credit services provider’s stock worth $136,000 after purchasing an additional 1,680 shares in the last quarter. Institutional investors own 45.58% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Security National Financial in a report on Monday, December 29th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Security National Financial presently has an average rating of “Hold”.

Security National Financial Price Performance

Shares of Security National Financial stock opened at $9.06 on Friday. The business has a 50-day simple moving average of $8.94 and a 200 day simple moving average of $8.66. Security National Financial Corporation has a one year low of $7.32 and a one year high of $12.43. The firm has a market capitalization of $235.47 million, a price-to-earnings ratio of 12.39 and a beta of 0.76.

Security National Financial Profile

Security National Financial Corp. is a diversified provider of mortgage lending, settlement and technology services under the NASDAQ ticker SNFCA. Through its primary subsidiaries—Security National Mortgage Company and Titan Lenders Corp—the company originates and funds residential mortgage loans across retail, wholesale and correspondent channels. Its platform supports a full range of loan products, including conventional, government-insured and jumbo financing tailored to homebuyers and investors.

Established in 1989, Security National Mortgage Company operates a nationwide branch network in all 50 states, offering local origination backed by centralized underwriting and closing services.