Hillsdale Investment Management Inc. Makes New Investment in Security National Financial Co. (NASDAQ:SNFCA)

Hillsdale Investment Management Inc. purchased a new stake in Security National Financial Co. (NASDAQ:SNFCA) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 19,600 shares of the credit services provider’s stock, valued at approximately $236,000. Hillsdale Investment Management Inc. owned 0.08% of Security National Financial as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. JPMorgan Chase & Co. lifted its stake in Security National Financial by 1,673.8% in the third quarter. JPMorgan Chase & Co. now owns 6,368 shares of the credit services provider’s stock valued at $59,000 after buying an additional 6,009 shares in the last quarter. Farther Finance Advisors LLC acquired a new stake in shares of Security National Financial during the fourth quarter worth $73,000. Point72 Asia Singapore Pte. Ltd. lifted its position in Security National Financial by 10.3% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 14,213 shares of the credit services provider’s stock valued at $131,000 after acquiring an additional 1,322 shares in the last quarter. Jane Street Group LLC boosted its stake in Security National Financial by 28.5% in the 3rd quarter. Jane Street Group LLC now owns 40,931 shares of the credit services provider’s stock worth $377,000 after purchasing an additional 9,076 shares during the period. Finally, Barclays PLC increased its holdings in Security National Financial by 28.4% during the 3rd quarter. Barclays PLC now owns 42,486 shares of the credit services provider’s stock worth $391,000 after purchasing an additional 9,404 shares in the last quarter. Institutional investors own 45.58% of the company’s stock.

Security National Financial Stock Down 1.6 %

NASDAQ:SNFCA opened at $12.61 on Tuesday. Security National Financial Co. has a twelve month low of $6.19 and a twelve month high of $13.59. The company has a market cap of $306.11 million, a P/E ratio of 10.27 and a beta of 1.10. The business has a 50 day moving average price of $12.62 and a two-hundred day moving average price of $11.42.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered Security National Financial from a “strong-buy” rating to a “buy” rating in a report on Friday, March 14th.

Security National Financial 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 insurance policies.