Walleye Capital LLC Acquires New Stake in Genworth Financial, Inc. (NYSE:GNW)

Walleye Capital LLC acquired a new stake in Genworth Financial, Inc. (NYSE:GNWGet Rating) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 21,362 shares of the financial services provider’s stock, valued at approximately $75,000.

Several other institutional investors have also bought and sold shares of GNW. Texas Permanent School Fund raised its holdings in Genworth Financial by 2.6% during the 2nd quarter. Texas Permanent School Fund now owns 368,982 shares of the financial services provider’s stock valued at $1,303,000 after acquiring an additional 9,259 shares during the period. Coldstream Capital Management Inc. bought a new stake in Genworth Financial during the 2nd quarter valued at $38,000. Gator Capital Management LLC raised its holdings in Genworth Financial by 25.7% during the 2nd quarter. Gator Capital Management LLC now owns 2,353,575 shares of the financial services provider’s stock valued at $8,308,000 after acquiring an additional 481,600 shares during the period. DekaBank Deutsche Girozentrale bought a new stake in Genworth Financial during the 2nd quarter valued at $38,000. Finally, Xponance Inc. raised its holdings in Genworth Financial by 14.4% during the 2nd quarter. Xponance Inc. now owns 27,589 shares of the financial services provider’s stock valued at $97,000 after acquiring an additional 3,480 shares during the period. Hedge funds and other institutional investors own 74.20% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on shares of Genworth Financial in a report on Wednesday, October 12th. They set a “hold” rating on the stock.

Insider Transactions at Genworth Financial

In other news, CEO Thomas J. Mcinerney sold 200,000 shares of the company’s stock in a transaction on Friday, November 4th. The shares were sold at an average price of $4.58, for a total value of $916,000.00. Following the transaction, the chief executive officer now owns 3,639,625 shares of the company’s stock, valued at $16,669,482.50. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 0.99% of the company’s stock.

Genworth Financial Trading Up 0.2 %

Genworth Financial stock opened at $4.70 on Monday. The stock has a market cap of $2.33 billion, a P/E ratio of 4.05 and a beta of 1.13. Genworth Financial, Inc. has a fifty-two week low of $3.43 and a fifty-two week high of $4.95. The firm’s fifty day moving average price is $4.23 and its 200-day moving average price is $4.07. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.27 and a current ratio of 0.27.

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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