Gator Capital Management LLC Makes New $459,000 Investment in Genworth Financial, Inc. (NYSE:GNW)

Gator Capital Management LLC bought a new stake in shares of Genworth Financial, Inc. (NYSE:GNW - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 65,675 shares of the financial services provider's stock, valued at approximately $459,000.

A number of other hedge funds have also recently made changes to their positions in GNW. FMR LLC boosted 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 period. BNP Paribas Financial Markets lifted its holdings in shares of Genworth Financial by 89.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 199,290 shares of the financial services provider's stock worth $1,365,000 after buying an additional 94,130 shares during the period. Kovitz Investment Group Partners LLC bought a new position in shares of Genworth Financial during the 3rd quarter worth $142,000. XTX Topco Ltd increased its stake in shares of Genworth Financial by 33.4% during the third quarter. XTX Topco Ltd now owns 125,438 shares of the financial services provider's stock valued at $859,000 after buying an additional 31,379 shares during the period. Finally, Y Intercept Hong Kong Ltd increased its stake in shares of Genworth Financial by 12.5% during the third quarter. Y Intercept Hong Kong Ltd now owns 117,351 shares of the financial services provider's stock valued at $804,000 after buying an additional 13,042 shares during the period. 81.85% of the stock is currently owned by institutional investors.

Genworth Financial Stock Down 0.8 %

NYSE:GNW traded down $0.06 during mid-day trading on Friday, reaching $6.47. The company's stock had a trading volume of 4,397,834 shares, compared to its average volume of 3,510,458. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.16. Genworth Financial, Inc. has a 1 year low of $5.67 and a 1 year high of $7.90. The stock has a fifty day moving average of $6.88 and a 200-day moving average of $7.04. The firm has a market capitalization of $2.69 billion, a PE ratio of 9.48 and a beta of 0.95.

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Genworth Financial (NYSE:GNW - Get Free Report) last announced its quarterly earnings results on Tuesday, February 18th. The financial services provider reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.14). The business had revenue of $1.82 billion during 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 previous year, the firm earned ($0.51) earnings per share.

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.