Intech Investment Management LLC Purchases 269,851 Shares of Genworth Financial, Inc. (NYSE:GNW)

Intech Investment Management LLC raised its holdings in shares of Genworth Financial, Inc. (NYSE:GNW - Free Report) by 211.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 397,733 shares of the financial services provider's stock after acquiring an additional 269,851 shares during the quarter. Intech Investment Management LLC owned approximately 0.09% of Genworth Financial worth $2,780,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Byrne Asset Management LLC boosted its position in shares of Genworth Financial by 148.9% during the fourth quarter. Byrne Asset Management LLC now owns 4,480 shares of the financial services provider's stock worth $31,000 after acquiring an additional 2,680 shares during the last quarter. Jones Financial Companies Lllp purchased a new stake in shares of Genworth Financial in the fourth quarter worth about $41,000. LMR Partners LLP bought a new position in Genworth Financial during the third quarter valued at approximately $73,000. Smartleaf Asset Management LLC grew its holdings in shares of Genworth Financial by 279.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 10,494 shares of the financial services provider's stock valued at $73,000 after purchasing an additional 7,729 shares in the last quarter. Finally, GAMMA Investing LLC grew its stake in shares of Genworth Financial by 17.2% in the 4th quarter. GAMMA Investing LLC now owns 10,838 shares of the financial services provider's stock worth $76,000 after buying an additional 1,591 shares in the last quarter. 81.85% of the stock is currently owned by hedge funds and other institutional investors.

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Genworth Financial Price Performance

Shares of Genworth Financial stock traded up $0.26 during trading hours on Monday, reaching $7.19. The company's stock had a trading volume of 5,517,822 shares, compared to its average volume of 3,073,861. 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 one year low of $5.67 and a one year high of $7.90. The firm has a 50 day moving average price of $6.95 and a 200-day moving average price of $7.03. The stock has a market cap of $3.01 billion, a P/E ratio of 10.57 and a beta of 1.02.

Genworth Financial (NYSE:GNW - Get Free Report) last issued its quarterly earnings data 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). The company had revenue of $1.82 billion for the quarter. Genworth Financial had a net margin of 4.10% and a return on equity of 2.96%. During the same quarter in the previous year, the business 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.