Genworth Financial, Inc. (NYSE:GNW) Shares Bought by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd raised its stake in shares of Genworth Financial, Inc. (NYSE:GNW - Free Report) by 639.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 230,983 shares of the financial services provider's stock after acquiring an additional 199,750 shares during the quarter. Dynamic Technology Lab Private Ltd owned approximately 0.05% of Genworth Financial worth $1,615,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Donald Smith & CO. Inc. lifted its position in shares of Genworth Financial by 3.7% during the fourth quarter. Donald Smith & CO. Inc. now owns 25,949,469 shares of the financial services provider's stock worth $181,387,000 after purchasing an additional 934,175 shares during the last quarter. American Century Companies Inc. lifted its holdings in Genworth Financial by 8.8% during the 4th quarter. American Century Companies Inc. now owns 7,220,342 shares of the financial services provider's stock worth $50,470,000 after buying an additional 582,147 shares during the last quarter. FMR LLC grew its position in shares of Genworth Financial by 18.7% in the 3rd quarter. FMR LLC now owns 5,675,896 shares of the financial services provider's stock worth $38,880,000 after acquiring an additional 894,053 shares in the last quarter. Prudential Financial Inc. grew its position in shares of Genworth Financial by 70.2% in the 4th quarter. Prudential Financial Inc. now owns 5,567,978 shares of the financial services provider's stock worth $38,920,000 after acquiring an additional 2,296,538 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Genworth Financial by 1.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,195,012 shares of the financial services provider's stock valued at $36,313,000 after acquiring an additional 99,120 shares during the last quarter. 81.85% of the stock is owned by institutional investors and hedge funds.

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Genworth Financial Stock Performance

GNW traded down $0.12 during trading hours on Thursday, hitting $6.56. 4,840,894 shares of the stock were exchanged, compared to its average volume of 3,491,093. The stock has a market cap of $2.75 billion, a price-to-earnings ratio of 9.64 and a beta of 0.95. The stock has a 50-day simple moving average of $6.90 and a 200-day simple moving average of $7.04. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.29 and a quick ratio of 0.29. Genworth Financial, Inc. has a 12 month low of $5.67 and a 12 month high of $7.90.

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

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.