Security National Financial Co. (NASDAQ:SNFCA) Shares Sold by Soltis Investment Advisors LLC

Soltis Investment Advisors LLC lessened its holdings in Security National Financial Co. (NASDAQ:SNFCA) by 7.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,623,831 shares of the credit services provider’s stock after selling 197,117 shares during the quarter. Security National Financial accounts for approximately 2.9% of Soltis Investment Advisors LLC’s investment portfolio, making the stock its 4th biggest holding. Soltis Investment Advisors LLC owned 10.81% of Security National Financial worth $31,565,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its holdings in shares of Security National Financial by 1,673.8% in the 3rd 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 during the last quarter. Marshall Wace LLP bought a new stake in shares of Security National Financial in the 2nd quarter valued at about $106,000. Point72 Asia Singapore Pte. Ltd. grew its holdings in Security National Financial by 10.3% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 14,213 shares of the credit services provider’s stock worth $131,000 after purchasing an additional 1,322 shares during the period. Ritholtz Wealth Management increased its position in Security National Financial by 77.0% during the third quarter. Ritholtz Wealth Management now owns 25,647 shares of the credit services provider’s stock worth $236,000 after buying an additional 11,160 shares during the last quarter. Finally, Jane Street Group LLC raised its stake in Security National Financial by 28.5% in the third quarter. Jane Street Group LLC now owns 40,931 shares of the credit services provider’s stock valued at $377,000 after buying an additional 9,076 shares during the period. Institutional investors and hedge funds own 45.58% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut Security National Financial from a “strong-buy” rating to a “buy” rating in a report on Saturday.

Security National Financial Stock Performance

NASDAQ:SNFCA opened at $13.13 on Monday. The firm’s 50-day simple moving average is $12.43 and its 200 day simple moving average is $10.45. Security National Financial Co. has a 52 week low of $6.19 and a 52 week high of $13.59. The firm has a market cap of $318.67 million, a price-to-earnings ratio of 10.69 and a beta of 1.10.

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 insurance policies.