Security National Financial (NASDAQ:SNFCA) Lowered to Hold Rating by Wall Street Zen

Wall Street Zen cut shares of Security National Financial (NASDAQ:SNFCA) from a buy rating to a hold rating in a research report report published on Saturday morning.

Separately, Weiss Ratings restated a “hold (c+)” rating on shares of Security National Financial in a report on Monday, April 27th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold”.

Security National Financial Stock Down 3.4%

Security National Financial stock opened at $9.22 on Friday. The company’s 50-day moving average price is $9.47 and its 200-day moving average price is $9.00. Security National Financial has a twelve month low of $7.70 and a twelve month high of $10.48. The company has a market cap of $239.90 million, a PE ratio of 6.78 and a beta of 0.72.

Security National Financial (NASDAQ:SNFCA) last posted its earnings results on Monday, May 11th. The credit services provider reported $0.27 earnings per share for the quarter. Security National Financial had a net margin of 10.19% and a return on equity of 8.95%. The firm had revenue of $79.73 million for the quarter.

Insider Transactions at Security National Financial

In other Security National Financial news, Director Gilbert A. Fuller sold 10,000 shares of the business’s stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of $9.45, for a total value of $94,500.00. Following the completion of the sale, the director directly owned 31,973 shares of the company’s stock, valued at $302,144.85. The trade was a 23.82% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 15.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Security National Financial

Large investors have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets boosted its position in Security National Financial by 306.8% in the 2nd quarter. BNP Paribas Financial Markets now owns 2,831 shares of the credit services provider’s stock valued at $28,000 after buying an additional 2,135 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in Security National Financial in the 3rd quarter valued at about $32,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in Security National Financial in the 2nd quarter valued at about $79,000. MetLife Investment Management LLC purchased a new stake in Security National Financial in the 4th quarter valued at about $85,000. Finally, New York State Common Retirement Fund purchased a new stake in Security National Financial in the 2nd quarter valued at about $104,000. 45.58% of the stock is owned by hedge funds and other institutional investors.

About Security National Financial

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.