Oppenheimer & Co. Inc. Has $206,000 Holdings in Genworth Financial, Inc. (NYSE:GNW)

Oppenheimer & Co. Inc. lessened its holdings in Genworth Financial, Inc. (NYSE:GNWGet Rating) by 5.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 58,300 shares of the financial services provider’s stock after selling 3,200 shares during the period. Oppenheimer & Co. Inc.’s holdings in Genworth Financial were worth $206,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in GNW. Sumitomo Mitsui Trust Holdings Inc. raised its stake in Genworth Financial by 144.0% in 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 during the period. Mutual of America Capital Management LLC raised its stake in Genworth Financial by 5.5% in the 1st quarter. Mutual of America Capital Management LLC now owns 73,114 shares of the financial services provider’s stock valued at $276,000 after acquiring an additional 3,792 shares during the period. Envestnet Asset Management Inc. raised its stake in Genworth Financial by 60.7% in the 1st quarter. Envestnet Asset Management Inc. now owns 62,634 shares of the financial services provider’s stock valued at $237,000 after acquiring an additional 23,663 shares during the period. Commonwealth Equity Services LLC raised its stake in Genworth Financial by 19.4% in the 1st quarter. Commonwealth Equity Services LLC now owns 312,073 shares of the financial services provider’s stock valued at $1,179,000 after acquiring an additional 50,775 shares during the period. Finally, Victory Capital Management Inc. raised its stake in Genworth Financial by 12.4% in the 1st quarter. Victory Capital Management Inc. now owns 525,719 shares of the financial services provider’s stock valued at $1,950,000 after acquiring an additional 57,996 shares during the period. Institutional investors own 74.20% of the company’s stock.

Genworth Financial Stock Up 0.2 %

GNW stock opened at $4.70 on Friday. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.27 and a quick ratio of 0.27. The stock has a market capitalization of $2.33 billion, a price-to-earnings ratio of 4.05 and a beta of 1.13. The business’s fifty day moving average price is $4.23 and its two-hundred day moving average price is $4.07. Genworth Financial, Inc. has a fifty-two week low of $3.43 and a fifty-two week high of $4.95.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on Genworth Financial in a research note on Wednesday, October 12th. They issued a “hold” rating on the stock.

Insiders Place Their Bets

In other Genworth Financial news, CEO Thomas J. Mcinerney sold 200,000 shares of the stock in a transaction on Friday, November 4th. The stock was sold at an average price of $4.58, for a total transaction of $916,000.00. Following the transaction, the chief executive officer now owns 3,639,625 shares in the company, valued at approximately $16,669,482.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.99% of the company’s stock.

Genworth Financial 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.

Featured Articles

Want to see what other hedge funds are holding GNW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Genworth Financial, Inc. (NYSE:GNWGet Rating).

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

Receive News & Ratings for Genworth Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Genworth Financial and related companies with MarketBeat.com's FREE daily email newsletter.