Soltis Investment Advisors LLC Cuts Stake in Security National Financial Co. (NASDAQ:SNFCA)

Soltis Investment Advisors LLC reduced its position in Security National Financial Co. (NASDAQ:SNFCA) by 7.0% during the fourth quarter, according to the company in its most recent 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 period. Security National Financial makes up 2.9% of Soltis Investment Advisors LLC’s investment portfolio, making the stock its 4th largest holding. Soltis Investment Advisors LLC owned about 0.11% of Security National Financial worth $31,565,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of SNFCA. RBF Capital LLC boosted its stake in shares of Security National Financial by 5.9% in the 3rd quarter. RBF Capital LLC now owns 296,531 shares of the credit services provider’s stock worth $2,728,000 after buying an additional 16,406 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Security National Financial by 0.8% during the 3rd quarter. Geode Capital Management LLC now owns 132,414 shares of the credit services provider’s stock valued at $1,218,000 after purchasing an additional 1,080 shares during the period. Townsquare Capital LLC lifted its holdings in shares of Security National Financial by 5.0% in the third quarter. Townsquare Capital LLC now owns 116,291 shares of the credit services provider’s stock worth $1,070,000 after buying an additional 5,538 shares in the last quarter. EP Wealth Advisors LLC lifted its stake in Security National Financial by 5.0% in the 3rd quarter. EP Wealth Advisors LLC now owns 60,825 shares of the credit services provider’s stock worth $560,000 after purchasing an additional 2,896 shares in the last quarter. Finally, Empowered Funds LLC boosted its stake in Security National Financial by 4.9% during the fourth quarter. Empowered Funds LLC now owns 52,402 shares of the credit services provider’s stock valued at $630,000 after buying an additional 2,441 shares during the period. Institutional investors and hedge funds own 45.58% of the company’s stock.

Security National Financial Stock Performance

Shares of SNFCA opened at $13.13 on Monday. Security National Financial Co. has a fifty-two week low of $6.19 and a fifty-two week high of $13.59. The firm has a 50 day moving average price of $12.43 and a 200-day moving average price of $10.45. The firm has a market cap of $318.67 million, a price-to-earnings ratio of 10.69 and a beta of 1.10.

Analysts Set New Price Targets

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

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.