AJOVista LLC Makes New Investment in Security National Financial Co. (NASDAQ:SNFCA)

AJOVista LLC purchased a new stake in Security National Financial Co. (NASDAQ:SNFCA) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 5,564 shares of the credit services provider’s stock, valued at approximately $50,000.

Several other large investors have also recently made changes to their positions in SNFCA. Allspring Global Investments Holdings LLC purchased a new position in shares of Security National Financial in the 3rd quarter valued at about $34,000. Acadian Asset Management LLC acquired a new position in Security National Financial in the 3rd quarter valued at $96,000. Bailard Inc. acquired a new stake in shares of Security National Financial in the 3rd quarter worth $100,000. Los Angeles Capital Management LLC purchased a new stake in shares of Security National Financial in the third quarter valued at about $229,000. Finally, Barclays PLC increased its stake in shares of Security National Financial by 4.6% during the third quarter. Barclays PLC now owns 31,184 shares of the credit services provider’s stock worth $245,000 after acquiring an additional 1,366 shares during the period. 45.58% of the stock is currently owned by institutional investors and hedge funds.

Security National Financial Price Performance

Security National Financial stock opened at $6.59 on Monday. The stock’s 50 day moving average price is $7.48 and its 200 day moving average price is $7.90. The company has a market cap of $151.70 million, a PE ratio of 10.18 and a beta of 0.95. Security National Financial Co. has a 1-year low of $6.44 and a 1-year high of $9.75.

Security National Financial (NASDAQ:SNFCA) last issued its earnings results on Monday, April 1st. The credit services provider reported $0.13 EPS for the quarter. Security National Financial had a net margin of 4.55% and a return on equity of 4.81%. The company had revenue of $74.91 million for the quarter.

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of Security National Financial from a “buy” rating to a “hold” rating in a research report on Monday, April 1st.

About Security National Financial

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 insurance policies.