Security National Financial (NASDAQ:SNFCA) Lowered to Sell at ValuEngine – Tech Know Bits


Security National Financial (NASDAQ:SNFCA) was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating in a research report issued on Tuesday, January 7th, ValuEngine reports.

SNFCA stock opened at $5.81 on Tuesday. The business’s 50 day simple moving average is $5.88 and its 200 day simple moving average is $5.26. The firm has a market capitalization of $106.33 million, a PE ratio of 12.45 and a beta of 0.05. Security National Financial has a 1-year low of $4.38 and a 1-year high of $6.42.

Security National Financial (NASDAQ:SNFCA) last released its earnings results on Thursday, November 14th. The credit services provider reported $0.21 earnings per share for the quarter. Security National Financial had a return on equity of 4.85% and a net margin of 3.20%. The firm had revenue of $75.38 million during the quarter.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Renaissance Technologies LLC boosted its holdings in Security National Financial by 9.5% in the second quarter. Renaissance Technologies LLC now owns 159,426 shares of the credit services provider’s stock worth $800,000 after acquiring an additional 13,890 shares in the last quarter. BlackRock Inc. increased its position in Security National Financial by 6.0% in the second quarter. BlackRock Inc. now owns 79,242 shares of the credit services provider’s stock worth $398,000 after buying an additional 4,456 shares during the last quarter. Finally, Acadian Asset Management LLC increased its position in Security National Financial by 113.4% in the second quarter. Acadian Asset Management LLC now owns 11,268 shares of the credit services provider’s stock worth $57,000 after buying an additional 5,988 shares during the last quarter. 14.04% of the stock is owned by institutional investors and hedge funds.

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Security National Financial Company Profile

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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