Teacher Retirement System of Texas Acquires 172,918 Shares of Genworth Financial, Inc. (NYSE:GNW)

Teacher Retirement System of Texas raised its stake in Genworth Financial, Inc. (NYSE:GNW - Free Report) by 123.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 313,347 shares of the financial services provider's stock after buying an additional 172,918 shares during the quarter. Teacher Retirement System of Texas owned 0.07% of Genworth Financial worth $2,190,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. 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 purchasing an additional 2,680 shares in the last quarter. Jones Financial Companies Lllp bought a new stake in shares of Genworth Financial in the fourth quarter worth about $41,000. Smartleaf Asset Management LLC raised its position in shares of Genworth Financial by 279.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 10,494 shares of the financial services provider's stock worth $73,000 after purchasing an additional 7,729 shares during the period. GAMMA Investing LLC lifted its holdings in shares of Genworth Financial by 17.2% during the 4th quarter. GAMMA Investing LLC now owns 10,838 shares of the financial services provider's stock valued at $76,000 after purchasing an additional 1,591 shares in the last quarter. Finally, Atlas Wealth LLC acquired a new position in shares of Genworth Financial in the 3rd quarter valued at approximately $91,000. 81.85% of the stock is currently owned by institutional investors and hedge funds.

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Genworth Financial Stock Down 2.5 %

NYSE GNW traded down $0.18 during trading hours on Friday, reaching $7.08. 3,321,413 shares of the company's stock were exchanged, compared to its average volume of 3,310,733. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.29 and a current ratio of 0.29. The company has a market capitalization of $2.96 billion, a price-to-earnings ratio of 10.41 and a beta of 1.02. The company's 50-day moving average is $6.99 and its two-hundred day moving average is $7.05. Genworth Financial, Inc. has a one year low of $5.67 and a one year high of $7.90.

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 the consensus estimate of $0.18 by ($0.14). The company had revenue of $1.82 billion for the quarter. Genworth Financial had a return on equity of 2.96% and a net margin of 4.10%. During the same period last 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.