Renaissance Technologies LLC Sells 35,100 Shares of Security National Financial Co. (NASDAQ:SNFCA)

Renaissance Technologies LLC lowered its stake in Security National Financial Co. (NASDAQ:SNFCA) by 10.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 285,606 shares of the credit services provider’s stock after selling 35,100 shares during the period. Renaissance Technologies LLC’s holdings in Security National Financial were worth $3,436,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of SNFCA. Farther Finance Advisors LLC bought a new position in shares of Security National Financial in the 4th quarter valued at $73,000. JPMorgan Chase & Co. boosted 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. Hillsdale Investment Management Inc. bought a new position in Security National Financial in the fourth quarter valued at about $236,000. Ritholtz Wealth Management raised its stake in Security National Financial by 58.8% during the fourth quarter. Ritholtz Wealth Management now owns 40,734 shares of the credit services provider’s stock worth $490,000 after acquiring an additional 15,087 shares in the last quarter. Finally, Jane Street Group LLC lifted its holdings in shares of 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 worth $377,000 after acquiring an additional 9,076 shares during the last quarter. Institutional investors and hedge funds own 45.58% of the company’s stock.

Security National Financial Trading Up 3.7 %

Security National Financial stock opened at $9.48 on Wednesday. The stock has a 50-day moving average price of $11.50 and a two-hundred day moving average price of $11.60. Security National Financial Co. has a 12 month low of $6.19 and a 12 month high of $13.59. The company has a market capitalization of $234.05 million, a PE ratio of 7.72 and a beta of 1.04.

Analysts Set New Price Targets

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

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.