Trexquant Investment LP grew its holdings in shares of Genworth Financial, Inc. (NYSE:GNW - Free Report) by 19.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 507,191 shares of the financial services provider's stock after purchasing an additional 82,650 shares during the quarter. Trexquant Investment LP owned about 0.12% of Genworth Financial worth $3,545,000 at the end of the most recent reporting period.
Several other large investors have also recently modified their holdings of GNW. Xponance Inc. boosted its holdings in Genworth Financial by 9.5% in the 4th quarter. Xponance Inc. now owns 31,032 shares of the financial services provider's stock worth $217,000 after buying an additional 2,693 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Genworth Financial by 30.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,947,016 shares of the financial services provider's stock valued at $13,337,000 after purchasing an additional 450,329 shares during the period. Barclays PLC lifted its holdings in Genworth Financial by 291.2% during the 3rd quarter. Barclays PLC now owns 744,853 shares of the financial services provider's stock worth $5,103,000 after purchasing an additional 554,462 shares in the last quarter. EMC Capital Management boosted its stake in Genworth Financial by 1,562.5% in the 4th quarter. EMC Capital Management now owns 37,771 shares of the financial services provider's stock worth $264,000 after purchasing an additional 35,499 shares during the period. Finally, New York State Teachers Retirement System grew its holdings in Genworth Financial by 2.5% during the 4th quarter. New York State Teachers Retirement System now owns 550,940 shares of the financial services provider's stock valued at $3,851,000 after buying an additional 13,633 shares in the last quarter. Hedge funds and other institutional investors own 81.85% of the company's stock.
Genworth Financial Price Performance
Shares of Genworth Financial stock traded up $0.03 on Friday, reaching $6.55. The stock had a trading volume of 9,300,253 shares, compared to its average volume of 3,530,172. The business's 50 day moving average is $6.87 and its two-hundred day moving average is $7.04. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.16. Genworth Financial, Inc. has a 1 year low of $5.67 and a 1 year high of $7.90. The company has a market cap of $2.72 billion, a P/E ratio of 9.63 and a beta of 0.95.
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). The business had revenue of $1.82 billion during the quarter. Genworth Financial had a return on equity of 2.96% and a net margin of 4.10%. During the same quarter in the prior year, the company earned ($0.51) EPS.
Genworth Financial Company Profile
(
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.
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