ExodusPoint Capital Management LP Decreases Stock Holdings in Genworth Financial, Inc. (NYSE:GNW)

ExodusPoint Capital Management LP reduced its position in Genworth Financial, Inc. (NYSE:GNW - Free Report) by 29.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 489,000 shares of the financial services provider's stock after selling 205,932 shares during the period. ExodusPoint Capital Management LP owned 0.11% of Genworth Financial worth $3,418,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Xponance Inc. grew its holdings in Genworth Financial by 9.5% in the fourth quarter. Xponance Inc. now owns 31,032 shares of the financial services provider's stock worth $217,000 after purchasing an additional 2,693 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Genworth Financial by 30.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,947,016 shares of the financial services provider's stock worth $13,337,000 after buying an additional 450,329 shares during the last quarter. Barclays PLC grew its stake in Genworth Financial by 291.2% during the 3rd quarter. Barclays PLC now owns 744,853 shares of the financial services provider's stock worth $5,103,000 after buying an additional 554,462 shares during the last quarter. EMC Capital Management increased its position in Genworth Financial by 1,562.5% during the 4th quarter. EMC Capital Management now owns 37,771 shares of the financial services provider's stock valued at $264,000 after buying an additional 35,499 shares in the last quarter. Finally, New York State Teachers Retirement System raised its stake in Genworth Financial by 2.5% in the fourth quarter. New York State Teachers Retirement System now owns 550,940 shares of the financial services provider's stock valued at $3,851,000 after buying an additional 13,633 shares during the last quarter. Hedge funds and other institutional investors own 81.85% of the company's stock.

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Genworth Financial Stock Up 0.4 %

Shares of GNW stock traded up $0.03 during trading hours on Friday, reaching $6.55. 9,300,253 shares of the company's stock were exchanged, compared to its average volume of 3,530,172. Genworth Financial, Inc. has a 1 year low of $5.67 and a 1 year high of $7.90. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.16. The stock has a market cap of $2.72 billion, a PE ratio of 9.63 and a beta of 0.95. The stock's fifty day moving average price is $6.87 and its two-hundred day moving average price is $7.04.

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

About Genworth Financial

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.