EMC Capital Management Grows Position in Genworth Financial, Inc. (NYSE:GNW)

EMC Capital Management boosted its stake in shares of Genworth Financial, Inc. (NYSE:GNW - Free Report) by 1,562.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 37,771 shares of the financial services provider's stock after buying an additional 35,499 shares during the period. EMC Capital Management's holdings in Genworth Financial were worth $264,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Harbor Capital Advisors Inc. purchased a new stake in shares of Genworth Financial in the third quarter valued at $30,000. GAMMA Investing LLC raised its position in Genworth Financial by 34.0% in the 3rd quarter. GAMMA Investing LLC now owns 9,247 shares of the financial services provider's stock worth $63,000 after purchasing an additional 2,347 shares during the period. LMR Partners LLP purchased a new stake in Genworth Financial in the 3rd quarter worth about $73,000. Atlas Wealth LLC bought a new stake in Genworth Financial in the third quarter worth about $91,000. Finally, Covestor Ltd boosted its position in shares of Genworth Financial by 11.8% during the third quarter. Covestor Ltd now owns 17,721 shares of the financial services provider's stock valued at $122,000 after buying an additional 1,868 shares during the period. 81.85% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

Genworth Financial Trading Up 0.3 %

Shares of GNW traded up $0.03 during trading hours on Monday, reaching $7.26. 3,058,667 shares of the company traded hands, compared to its average volume of 3,512,262. The firm has a market cap of $3.10 billion, a price-to-earnings ratio of 34.55 and a beta of 1.00. Genworth Financial, Inc. has a 12-month low of $5.67 and a 12-month high of $7.90. The stock's fifty day moving average price is $7.20 and its 200 day moving average price is $6.97. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.17.

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.