Point72 DIFC Ltd lowered its position in shares of Genworth Financial, Inc. (NYSE:GNW - Free Report) by 85.6% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 16,075 shares of the financial services provider's stock after selling 95,241 shares during the quarter. Point72 DIFC Ltd's holdings in Genworth Financial were worth $110,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC lifted its stake in shares of Genworth Financial by 72.1% during the second quarter. EverSource Wealth Advisors LLC now owns 4,828 shares of the financial services provider's stock worth $29,000 after purchasing an additional 2,022 shares in the last quarter. Harbor Capital Advisors Inc. acquired a new position in Genworth Financial during the 3rd quarter worth approximately $30,000. GAMMA Investing LLC boosted its holdings 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 acquiring an additional 2,347 shares during the period. LMR Partners LLP acquired a new stake in Genworth Financial in the third quarter valued at approximately $73,000. Finally, RMR Wealth Builders raised its stake in shares of Genworth Financial by 20.2% during the second quarter. RMR Wealth Builders now owns 12,620 shares of the financial services provider's stock valued at $76,000 after purchasing an additional 2,120 shares during the period. Institutional investors and hedge funds own 81.85% of the company's stock.
Wall Street Analyst Weigh In
Separately, StockNews.com lowered shares of Genworth Financial from a "buy" rating to a "hold" rating in a report on Wednesday, November 20th.
Read Our Latest Research Report on GNW
Genworth Financial Stock Down 1.3 %
Shares of NYSE GNW traded down $0.10 during midday trading on Monday, reaching $7.40. 1,853,927 shares of the company's stock were exchanged, compared to its average volume of 2,788,401. The stock has a market capitalization of $3.16 billion, a PE ratio of 35.71 and a beta of 0.99. Genworth Financial, Inc. has a 52-week low of $5.67 and a 52-week high of $7.90. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.29 and a current ratio of 0.29. The business's fifty day moving average price is $7.18 and its two-hundred day moving average price is $6.71.
About Genworth Financial
(
Free Report)
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.
Further Reading
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