Security National Financial (NASDAQ:SNFCA) Stock Rating Lowered by ValuEngine

Security National Financial (NASDAQ:SNFCA) was downgraded by stock analysts at ValuEngine from a “hold” rating to a “sell” rating in a report released on Thursday, ValuEngine reports.

Shares of NASDAQ:SNFCA traded down $0.10 during trading on Thursday, hitting $5.25. The stock had a trading volume of 3,517 shares, compared to its average volume of 4,666. Security National Financial has a 12 month low of $4.60 and a 12 month high of $5.90. The company has a market cap of $89.48 million, a P/E ratio of 13.28 and a beta of -0.03. The company has a fifty day moving average of $5.11.

Security National Financial (NASDAQ:SNFCA) last announced its earnings results on Thursday, May 16th. The credit services provider reported $0.11 earnings per share (EPS) for the quarter. Security National Financial had a return on equity of 3.89% and a net margin of 2.58%. The firm had revenue of $61.49 million during the quarter.

Several large investors have recently made changes to their positions in the company. M3F Inc. raised its position in shares of Security National Financial by 32.0% in the 1st quarter. M3F Inc. now owns 552,122 shares of the credit services provider’s stock worth $2,606,000 after acquiring an additional 133,752 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Security National Financial by 9.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 203,363 shares of the credit services provider’s stock valued at $1,049,000 after buying an additional 16,826 shares in the last quarter. Synovus Financial Corp increased its position in Security National Financial by 5.0% during the 1st quarter. Synovus Financial Corp now owns 93,878 shares of the credit services provider’s stock valued at $443,000 after buying an additional 4,470 shares in the last quarter. Finally, Deutsche Bank AG increased its position in Security National Financial by 16.7% during the 4th quarter. Deutsche Bank AG now owns 20,360 shares of the credit services provider’s stock valued at $105,000 after buying an additional 2,909 shares in the last quarter. 11.96% of the stock is owned by hedge funds and other institutional investors.

About Security National Financial

Security National Financial Corporation engages in life insurance, cemetery and mortuary, and mortgage businesses. The company operates through three segments: Life Insurance, Cemetery and Mortuary, and Mortgages. The Life Insurance segment is involved in selling and servicing lines of life insurance, annuity products, and accident and health insurance.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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