Renaissance Technologies LLC Purchases 283,700 Shares of Genworth Financial, Inc. (NYSE:GNW)

Renaissance Technologies LLC increased its position in shares of Genworth Financial, Inc. (NYSE:GNW - Free Report) by 12.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,558,600 shares of the financial services provider's stock after acquiring an additional 283,700 shares during the period. Renaissance Technologies LLC owned about 0.60% of Genworth Financial worth $17,885,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Byrne Asset Management LLC lifted its stake in Genworth Financial by 148.9% in the 4th quarter. Byrne Asset Management LLC now owns 4,480 shares of the financial services provider's stock valued at $31,000 after purchasing an additional 2,680 shares during the last quarter. Jones Financial Companies Lllp bought a new position in shares of Genworth Financial in the 4th quarter valued at $41,000. Smartleaf Asset Management LLC boosted its holdings in shares of Genworth Financial by 279.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 10,494 shares of the financial services provider's stock valued at $73,000 after acquiring an additional 7,729 shares in the last quarter. GAMMA Investing LLC grew its position in Genworth Financial by 17.2% during the 4th quarter. GAMMA Investing LLC now owns 10,838 shares of the financial services provider's stock worth $76,000 after acquiring an additional 1,591 shares during the last quarter. Finally, Landscape Capital Management L.L.C. acquired a new position in Genworth Financial in the 4th quarter worth about $85,000. 81.85% of the stock is owned by institutional investors.

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Genworth Financial Trading Down 0.6 %

Shares of NYSE:GNW traded down $0.04 during mid-day trading on Tuesday, reaching $6.64. 6,334,605 shares of the company's stock were exchanged, compared to its average volume of 3,554,360. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.29 and a current ratio of 0.29. Genworth Financial, Inc. has a twelve month low of $5.67 and a twelve month high of $7.90. The firm has a market capitalization of $2.76 billion, a price-to-earnings ratio of 9.77 and a beta of 0.95. The business's fifty day moving average price is $6.85 and its 200-day moving average price is $7.04.

Genworth Financial (NYSE:GNW - Get Free Report) last announced its earnings results on Tuesday, February 18th. The financial services provider reported $0.04 earnings per share for the quarter, missing analysts' consensus estimates of $0.18 by ($0.14). Genworth Financial had a return on equity of 2.96% and a net margin of 4.10%. The firm had revenue of $1.82 billion for the quarter. During the same period in the previous year, the company 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.