Security National Financial (NASDAQ:SNFCA) Share Price Crosses Below 200 Day Moving Average of $8.09

Shares of Security National Financial Co. (NASDAQ:SNFCA) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $8.09 and traded as low as $7.72. Security National Financial shares last traded at $7.78, with a volume of 27,908 shares traded.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Security National Financial from a “strong-buy” rating to a “buy” rating in a research report on Monday, March 18th.

Security National Financial Stock Performance

The stock has a market capitalization of $179.70 million, a price-to-earnings ratio of 5.43 and a beta of 0.92. The company has a fifty day simple moving average of $8.08 and a 200 day simple moving average of $8.08.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Soltis Investment Advisors LLC acquired a new position in Security National Financial during the 4th quarter worth about $26,399,000. BlackRock Inc. lifted its stake in shares of Security National Financial by 438.6% in the 2nd quarter. BlackRock Inc. now owns 617,984 shares of the credit services provider’s stock valued at $5,482,000 after purchasing an additional 503,254 shares during the period. Vanguard Group Inc. lifted its stake in shares of Security National Financial by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 602,356 shares of the credit services provider’s stock valued at $5,421,000 after purchasing an additional 4,019 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Security National Financial by 6.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 480,891 shares of the credit services provider’s stock valued at $4,328,000 after purchasing an additional 30,338 shares during the period. Finally, Bridgeway Capital Management LLC lifted its stake in shares of Security National Financial by 1.0% in the 4th quarter. Bridgeway Capital Management LLC now owns 341,708 shares of the credit services provider’s stock valued at $3,075,000 after purchasing an additional 3,456 shares during the period. 45.58% of the stock is owned by institutional investors and hedge funds.

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 policies.