Hillsdale Investment Management Inc. Invests $236,000 in Security National Financial Co. (NASDAQ:SNFCA)

Hillsdale Investment Management Inc. bought a new stake in Security National Financial Co. (NASDAQ:SNFCA) in the 4th quarter, Holdings Channel.com reports. The firm bought 19,600 shares of the credit services provider’s stock, valued at approximately $236,000.

Several other hedge funds have also bought and sold shares of SNFCA. Soltis Investment Advisors LLC boosted its position in Security National Financial by 1.0% during the third quarter. Soltis Investment Advisors LLC now owns 2,820,948 shares of the credit services provider’s stock worth $25,953,000 after purchasing an additional 29,120 shares during the period. RBF Capital LLC boosted its holdings in shares of Security National Financial by 5.9% during 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 period. Ritholtz Wealth Management grew its stake in Security National Financial by 58.8% in the 4th quarter. Ritholtz Wealth Management now owns 40,734 shares of the credit services provider’s stock valued at $490,000 after buying an additional 15,087 shares during the last quarter. Barclays PLC raised its holdings in Security National Financial by 28.4% in the 3rd quarter. Barclays PLC now owns 42,486 shares of the credit services provider’s stock valued at $391,000 after acquiring an additional 9,404 shares during the period. Finally, Jane Street Group LLC lifted its position in Security National Financial by 28.5% during 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. 45.58% of the stock is currently owned by institutional investors and hedge funds.

Security National Financial Price Performance

SNFCA stock opened at $12.61 on Tuesday. Security National Financial Co. has a fifty-two week low of $6.19 and a fifty-two week high of $13.59. The stock has a market capitalization of $306.11 million, a price-to-earnings ratio of 10.27 and a beta of 1.10. The business’s fifty day moving average price is $12.62 and its two-hundred day moving average price is $11.42.

Wall Street Analyst Weigh In

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

About Security National Financial

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.