Dimensional Fund Advisors LP Has $202.69 Million Holdings in Genworth Financial, Inc. (NYSE:GNW)

Dimensional Fund Advisors LP decreased its position in Genworth Financial, Inc. (NYSE:GNW - Free Report) by 2.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 28,996,607 shares of the financial services provider's stock after selling 691,894 shares during the period. Dimensional Fund Advisors LP owned about 6.79% of Genworth Financial worth $202,685,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Prudential Financial Inc. boosted its position in shares of Genworth Financial by 70.2% in the fourth quarter. Prudential Financial Inc. now owns 5,567,978 shares of the financial services provider's stock worth $38,920,000 after buying an additional 2,296,538 shares during the period. Norges Bank purchased a new stake in Genworth Financial in the 4th quarter worth about $15,034,000. Raymond James Financial Inc. acquired a new stake in Genworth Financial during the 4th quarter worth about $7,496,000. Donald Smith & CO. Inc. grew its stake in Genworth Financial by 3.7% during the 4th quarter. Donald Smith & CO. Inc. now owns 25,949,469 shares of the financial services provider's stock valued at $181,387,000 after acquiring an additional 934,175 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of Genworth Financial by 37.2% in the 4th quarter. JPMorgan Chase & Co. now owns 2,671,573 shares of the financial services provider's stock valued at $18,674,000 after purchasing an additional 724,557 shares during the period. 81.85% of the stock is currently owned by hedge funds and other institutional investors.

Genworth Financial Stock Performance

GNW stock opened at $6.59 on Wednesday. The firm has a 50 day simple moving average of $6.76 and a 200 day simple moving average of $7.03. Genworth Financial, Inc. has a 52 week low of $5.87 and a 52 week high of $7.90. The stock has a market cap of $2.74 billion, a P/E ratio of 9.68 and a beta of 0.95. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.29 and a current ratio of 0.29.

Genworth Financial (NYSE:GNW - Get Free Report) last posted its quarterly earnings results on Tuesday, February 18th. The financial services provider reported $0.04 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.14). Genworth Financial had a net margin of 4.10% and a return on equity of 2.96%. The company had revenue of $1.82 billion for the quarter. During the same quarter in the prior year, the company posted ($0.51) EPS.

Genworth Financial Company 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.

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