Vinva Investment Management Ltd Purchases Shares of 64,208 Genworth Financial, Inc. (NYSE:GNW)

Vinva Investment Management Ltd acquired a new stake in Genworth Financial, Inc. (NYSE:GNW - Free Report) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 64,208 shares of the financial services provider's stock, valued at approximately $440,000.

A number of other large investors also recently modified their holdings of GNW. Assenagon Asset Management S.A. increased its holdings in shares of Genworth Financial by 138.3% in the second quarter. Assenagon Asset Management S.A. now owns 4,233,541 shares of the financial services provider's stock valued at $25,571,000 after purchasing an additional 2,456,816 shares during the last quarter. D. E. Shaw & Co. Inc. raised its position in shares of Genworth Financial by 93.5% in the 2nd quarter. D. E. Shaw & Co. Inc. now owns 4,052,621 shares of the financial services provider's stock valued at $24,478,000 after buying an additional 1,958,632 shares in the last quarter. Cubist Systematic Strategies LLC boosted its holdings in shares of Genworth Financial by 3,395.1% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 1,780,098 shares of the financial services provider's stock valued at $10,752,000 after purchasing an additional 1,729,167 shares in the last quarter. Millennium Management LLC grew its position in Genworth Financial by 51.5% in the second quarter. Millennium Management LLC now owns 2,778,921 shares of the financial services provider's stock valued at $16,785,000 after acquiring an additional 944,677 shares during the last quarter. Finally, Donald Smith & CO. Inc. grew its holdings in shares of Genworth Financial by 3.7% during the 3rd quarter. Donald Smith & CO. Inc. now owns 25,015,294 shares of the financial services provider's stock valued at $171,355,000 after purchasing an additional 901,485 shares during the last quarter. 81.85% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Genworth Financial from a "buy" rating to a "hold" rating in a report on Wednesday, November 20th.

Genworth Financial Stock Up 0.1 %

Shares of NYSE:GNW traded up $0.01 during midday trading on Friday, hitting $7.80. 1,618,303 shares of the company's stock were exchanged, compared to its average volume of 3,032,286. The company has a market cap of $3.33 billion, a PE ratio of 37.14 and a beta of 0.95. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.29 and a quick ratio of 0.29. Genworth Financial, Inc. has a 12 month low of $5.67 and a 12 month high of $7.90. The stock has a 50 day moving average price of $7.10 and a 200-day moving average price of $6.67.

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.