Mutual of America Capital Management LLC Has $276,000 Stake in Genworth Financial, Inc. (NYSE:GNW)

Mutual of America Capital Management LLC grew its stake in Genworth Financial, Inc. (NYSE:GNWGet Rating) by 5.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 73,114 shares of the financial services provider’s stock after purchasing an additional 3,792 shares during the period. Mutual of America Capital Management LLC’s holdings in Genworth Financial were worth $276,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of GNW. Comerica Bank boosted its position in shares of Genworth Financial by 1.0% during the 1st quarter. Comerica Bank now owns 792,849 shares of the financial services provider’s stock valued at $3,132,000 after acquiring an additional 7,965 shares in the last quarter. Counterpoint Mutual Funds LLC boosted its position in shares of Genworth Financial by 164.5% during the 1st quarter. Counterpoint Mutual Funds LLC now owns 17,498 shares of the financial services provider’s stock valued at $66,000 after acquiring an additional 10,882 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. boosted its position in shares of Genworth Financial by 144.0% during the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 92,737 shares of the financial services provider’s stock valued at $351,000 after acquiring an additional 54,736 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its position in shares of Genworth Financial by 27.4% during the 1st quarter. Robeco Institutional Asset Management B.V. now owns 477,664 shares of the financial services provider’s stock valued at $1,806,000 after acquiring an additional 102,695 shares in the last quarter. Finally, Inspire Investing LLC acquired a new stake in shares of Genworth Financial during the 1st quarter valued at about $238,000. 70.67% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Genworth Financial

In related news, CEO Thomas J. Mcinerney sold 100,000 shares of Genworth Financial stock in a transaction dated Tuesday, May 24th. The shares were sold at an average price of $3.95, for a total transaction of $395,000.00. Following the completion of the transaction, the chief executive officer now directly owns 3,939,625 shares of the company’s stock, valued at approximately $15,561,518.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.99% of the stock is currently owned by insiders.

Genworth Financial Price Performance

Shares of Genworth Financial stock opened at $4.16 on Tuesday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.27 and a current ratio of 0.27. The firm’s 50-day simple moving average is $3.85 and its 200-day simple moving average is $3.89. Genworth Financial, Inc. has a twelve month low of $3.28 and a twelve month high of $4.61. The firm has a market cap of $2.12 billion, a P/E ratio of 2.46 and a beta of 0.97.

Genworth Financial (NYSE:GNWGet Rating) last issued its earnings results on Tuesday, May 3rd. The financial services provider reported $0.25 earnings per share for the quarter. Genworth Financial had a net margin of 11.19% and a return on equity of 4.65%. The business had revenue of $1.86 billion for the quarter.

Genworth Financial Company Profile

(Get Rating)

Genworth Financial, Inc provides insurance products in the United States and internationally. The company operates in three segments: Enact, U.S. Life Insurance, and Runoff. The Enact segment offers mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans; and pool mortgage insurance products.

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Institutional Ownership by Quarter for Genworth Financial (NYSE:GNW)

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