Envestnet Asset Management Inc. Has $139,000 Stock Position in Genworth Financial, Inc. (NYSE:GNW)

Envestnet Asset Management Inc. boosted its holdings in shares of Genworth Financial, Inc. (NYSE:GNW) by 13.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 19,861 shares of the financial services provider’s stock after buying an additional 2,343 shares during the period. Envestnet Asset Management Inc.’s holdings in Genworth Financial were worth $139,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Byrne Asset Management LLC boosted its holdings in shares of Genworth Financial by 148.9% during the 4th quarter. Byrne Asset Management LLC now owns 4,480 shares of the financial services provider’s stock worth $31,000 after buying an additional 2,680 shares during the period. Jones Financial Companies Lllp bought a new stake in Genworth Financial during the fourth quarter valued at about $41,000. Smartleaf Asset Management LLC grew its position in shares of Genworth Financial by 279.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 10,494 shares of the financial services provider’s stock valued at $73,000 after purchasing an additional 7,729 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of Genworth Financial by 17.2% during the 4th quarter. GAMMA Investing LLC now owns 10,838 shares of the financial services provider’s stock worth $76,000 after purchasing an additional 1,591 shares during the last quarter. Finally, Landscape Capital Management L.L.C. bought a new stake in Genworth Financial during the 4th quarter valued at approximately $85,000. 81.85% of the stock is currently owned by institutional investors.

Genworth Financial Stock Up 1.7 %

GNW opened at $7.03 on Friday. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.16. Genworth Financial, Inc. has a 1-year low of $5.87 and a 1-year high of $7.90. The business has a 50 day moving average of $6.76 and a 200-day moving average of $7.01. The stock has a market capitalization of $2.92 billion, a price-to-earnings ratio of 10.33 and a beta of 0.99.

Genworth Financial (NYSE:GNW) last released its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $0.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.09). The firm had revenue of $1.76 billion for the quarter. Genworth Financial had a net margin of 4.10% and a return on equity of 2.96%.

Genworth Financial 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.