BNP Paribas Financial Markets Has $1.37 Million Stake in Genworth Financial, Inc. (NYSE:GNW)

BNP Paribas Financial Markets boosted its position in Genworth Financial, Inc. (NYSE:GNW - Free Report) by 89.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 199,290 shares of the financial services provider's stock after buying an additional 94,130 shares during the quarter. BNP Paribas Financial Markets' holdings in Genworth Financial were worth $1,365,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of GNW. FMR LLC raised its holdings in shares of Genworth Financial by 18.7% in the third quarter. FMR LLC now owns 5,675,896 shares of the financial services provider's stock valued at $38,880,000 after purchasing an additional 894,053 shares during the last quarter. Hancock Whitney Corp grew its position in Genworth Financial by 1.0% in the third quarter. Hancock Whitney Corp now owns 135,327 shares of the financial services provider's stock valued at $927,000 after purchasing an additional 1,387 shares in the last quarter. Daiwa Securities Group Inc. increased its stake in Genworth Financial by 44.1% in the 3rd quarter. Daiwa Securities Group Inc. now owns 50,000 shares of the financial services provider's stock valued at $343,000 after buying an additional 15,300 shares during the last quarter. Algert Global LLC lifted its position in Genworth Financial by 23.4% during the 3rd quarter. Algert Global LLC now owns 731,705 shares of the financial services provider's stock worth $5,012,000 after buying an additional 138,674 shares in the last quarter. Finally, Citigroup Inc. boosted its stake in shares of Genworth Financial by 50.7% during the 3rd quarter. Citigroup Inc. now owns 651,385 shares of the financial services provider's stock worth $4,462,000 after buying an additional 219,224 shares during the last quarter. Institutional investors own 81.85% of the company's stock.

Genworth Financial Stock Down 1.5 %

Shares of NYSE GNW traded down $0.11 during trading hours on Monday, hitting $7.39. The company had a trading volume of 3,027,904 shares, compared to its average volume of 2,793,771. Genworth Financial, Inc. has a 1-year low of $5.67 and a 1-year high of $7.90. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.17. The firm's 50 day moving average is $7.19 and its 200-day moving average is $6.72. The stock has a market capitalization of $3.16 billion, a P/E ratio of 35.19 and a beta of 0.99.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Genworth Financial from a "buy" rating to a "hold" rating in a research report on Wednesday, November 20th.

Genworth Financial Profile

Genworth Financial, Inc, together with its subsidiaries, provides mortgage and long-term care insurance products in the United States and internationally. It operates in three segments: Enact, Long-Term Care Insurance, and Life and Annuities. The Enact segment offers private mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans; and pool mortgage insurance products.