Thompson Siegel & Walmsley LLC boosted its position in shares of Genworth Financial, Inc. (NYSE:GNW – Free Report) by 5.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,733,852 shares of the financial services provider’s stock after purchasing an additional 90,033 shares during the period. Thompson Siegel & Walmsley LLC owned 0.36% of Genworth Financial worth $8,669,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of the company. Prelude Capital Management LLC acquired a new stake in shares of Genworth Financial in the second quarter worth about $35,000. Nomura Holdings Inc. acquired a new stake in shares of Genworth Financial in the second quarter worth about $39,000. Private Advisor Group LLC bought a new position in shares of Genworth Financial in the first quarter worth about $40,000. Byrne Asset Management LLC increased its stake in shares of Genworth Financial by 114.0% in the second quarter. Byrne Asset Management LLC now owns 9,200 shares of the financial services provider’s stock worth $46,000 after purchasing an additional 4,900 shares during the period. Finally, Vanguard Personalized Indexing Management LLC increased its stake in shares of Genworth Financial by 27.3% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 15,687 shares of the financial services provider’s stock worth $55,000 after purchasing an additional 3,361 shares during the period. Institutional investors and hedge funds own 78.64% of the company’s stock.
Analyst Ratings Changes
Separately, StockNews.com initiated coverage on Genworth Financial in a research note on Thursday, October 5th. They issued a “hold” rating on the stock.
Genworth Financial Stock Performance
Shares of Genworth Financial stock traded up $0.01 during trading on Friday, reaching $5.78. The company’s stock had a trading volume of 2,766,686 shares, compared to its average volume of 3,296,176. Genworth Financial, Inc. has a one year low of $4.51 and a one year high of $6.40. The firm has a market cap of $2.61 billion, a price-to-earnings ratio of 7.05 and a beta of 1.02. The business’s fifty day moving average price is $5.89 and its 200-day moving average price is $5.67. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.30 and a current ratio of 0.30.
Genworth Financial (NYSE:GNW – Get Free Report) last announced its quarterly earnings data on Wednesday, November 8th. The financial services provider reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.13). Genworth Financial had a return on equity of 4.19% and a net margin of 5.39%. The firm had revenue of $1.83 billion during the quarter. During the same period in the prior year, the firm posted $0.20 EPS.
Genworth Financial Profile
Genworth Financial, Inc provides insurance products in the United States and internationally. It 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.
- Five stocks we like better than Genworth Financial
- How to Invest in E-Commerce: A Guide
- MarketBeat Week in Review – 11/13 – 11/17
- The Dividend Kings With Highest Yield
- 3 large caps with red hot RSIs with upside
- Crypto vs Stocks: How to Choose Your Investments
- Johnson Controls International: Nothing but upside for investors
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.