Shares of Genworth Financial, Inc. (NYSE:GNW - Get Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $6.85 and traded as high as $7.08. Genworth Financial shares last traded at $6.91, with a volume of 3,804,086 shares.
Analyst Upgrades and Downgrades
Separately, StockNews.com lowered shares of Genworth Financial from a "buy" rating to a "hold" rating in a research report on Wednesday, November 20th.
Read Our Latest Report on GNW
Genworth Financial Price Performance
The firm has a market capitalization of $2.95 billion, a price-to-earnings ratio of 32.86 and a beta of 1.00. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.29 and a quick ratio of 0.29. The stock's 50 day moving average price is $7.26 and its two-hundred day moving average price is $6.85.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the business. Donald Smith & CO. Inc. boosted its position in shares of Genworth Financial by 3.7% in the third quarter. Donald Smith & CO. Inc. now owns 25,015,294 shares of the financial services provider's stock valued at $171,355,000 after acquiring an additional 901,485 shares during the period. River Road Asset Management LLC raised its holdings in shares of Genworth Financial by 0.8% in the 3rd quarter. River Road Asset Management LLC now owns 17,391,968 shares of the financial services provider's stock worth $119,135,000 after buying an additional 131,634 shares in the last quarter. American Century Companies Inc. lifted its position in shares of Genworth Financial by 9.1% during the 2nd quarter. American Century Companies Inc. now owns 7,054,069 shares of the financial services provider's stock worth $42,607,000 after buying an additional 590,496 shares during the period. FMR LLC lifted its holdings in shares of Genworth Financial by 18.7% during the third quarter. FMR LLC now owns 5,675,896 shares of the financial services provider's stock valued at $38,880,000 after acquiring an additional 894,053 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Genworth Financial by 1.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 5,095,892 shares of the financial services provider's stock valued at $34,907,000 after purchasing an additional 92,849 shares during the last quarter. 81.85% of the stock is owned by institutional investors.
About Genworth Financial
(
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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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