Brevan Howard Capital Management LP Makes New Investment in Genworth Financial, Inc. (NYSE:GNW)

Brevan Howard Capital Management LP purchased a new stake in shares of Genworth Financial, Inc. (NYSE:GNW - Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 37,205 shares of the financial services provider's stock, valued at approximately $260,000.

Several other large investors have also recently made changes to their positions in GNW. GAMMA Investing LLC raised its position in Genworth Financial by 17.2% in 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 period. Savant Capital LLC grew its stake in shares of Genworth Financial by 11.9% during the fourth quarter. Savant Capital LLC now owns 17,155 shares of the financial services provider's stock valued at $120,000 after buying an additional 1,830 shares during the last quarter. Factorial Partners LLC grew its stake in shares of Genworth Financial by 0.3% during the fourth quarter. Factorial Partners LLC now owns 622,000 shares of the financial services provider's stock valued at $4,348,000 after buying an additional 2,000 shares during the last quarter. CIBC Asset Management Inc increased its holdings in shares of Genworth Financial by 4.9% in the fourth quarter. CIBC Asset Management Inc now owns 43,219 shares of the financial services provider's stock worth $302,000 after buying an additional 2,003 shares during the period. Finally, HighTower Advisors LLC lifted its stake in shares of Genworth Financial by 14.0% in the 4th quarter. HighTower Advisors LLC now owns 17,590 shares of the financial services provider's stock valued at $123,000 after acquiring an additional 2,154 shares during the last quarter. 81.85% of the stock is owned by hedge funds and other institutional investors.

Genworth Financial Trading Up 0.4%

Shares of GNW stock opened at $7.05 on Monday. The business has a 50-day moving average of $6.77 and a 200 day moving average of $7.01. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.29 and a quick ratio of 0.29. Genworth Financial, Inc. has a 1-year low of $5.87 and a 1-year high of $7.90. The stock has a market capitalization of $2.92 billion, a PE ratio of 10.37 and a beta of 0.99.

Genworth Financial (NYSE:GNW - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.09). Genworth Financial had a net margin of 4.10% and a return on equity of 2.96%. The company had revenue of $1.76 billion during the quarter.

About Genworth Financial

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.