Security National Financial (NASDAQ:SNFCA) Upgraded at Wall Street Zen

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

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Security National Financial in a research note on Monday, December 29th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company has an average rating of “Hold”.

Security National Financial Stock Down 1.6%

Shares of NASDAQ:SNFCA opened at $9.33 on Friday. Security National Financial has a 12-month low of $7.32 and a 12-month high of $12.33. The stock has a market cap of $242.77 million, a PE ratio of 7.40 and a beta of 0.75. The business has a 50 day moving average of $9.00 and a 200-day moving average of $8.71.

Security National Financial (NASDAQ:SNFCA) last issued its quarterly earnings data on Monday, March 16th. The credit services provider reported $0.53 EPS for the quarter. Security National Financial had a return on equity of 8.71% and a net margin of 9.33%.The firm had revenue of $82.98 million for the quarter.

Hedge Funds Weigh In On Security National Financial

A number of hedge funds have recently added to or reduced their stakes in SNFCA. Invesco Ltd. lifted its position in shares of Security National Financial by 7.8% during the 4th quarter. Invesco Ltd. now owns 16,973 shares of the credit services provider’s stock valued at $153,000 after acquiring an additional 1,221 shares during the period. Lunt Capital Management Inc. increased its position in shares of Security National Financial by 9.0% in the third quarter. Lunt Capital Management Inc. now owns 17,972 shares of the credit services provider’s stock worth $156,000 after purchasing an additional 1,483 shares during the period. JPMorgan Chase & Co. raised its stake in Security National Financial by 12.0% in the third quarter. JPMorgan Chase & Co. now owns 15,661 shares of the credit services provider’s stock valued at $136,000 after purchasing an additional 1,680 shares in the last quarter. Ameriprise Financial Inc. raised its stake in Security National Financial by 0.4% in the second quarter. Ameriprise Financial Inc. now owns 467,818 shares of the credit services provider’s stock valued at $4,608,000 after purchasing an additional 1,746 shares in the last quarter. Finally, Evergreen Capital Management LLC lifted its position in Security National Financial by 5.0% during the third quarter. Evergreen Capital Management LLC now owns 39,291 shares of the credit services provider’s stock worth $341,000 after purchasing an additional 1,871 shares during the period. Institutional investors own 45.58% of the company’s stock.

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.