Genworth Financial, Inc. (NYSE:GNW) Shares Bought by NBC Securities Inc.

NBC Securities Inc. lifted its position in Genworth Financial, Inc. (NYSE:GNW - Free Report) by 105,629.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 91,985 shares of the financial services provider's stock after acquiring an additional 91,898 shares during the period. NBC Securities Inc.'s holdings in Genworth Financial were worth $652,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the company. GAMMA Investing LLC boosted its stake in shares of Genworth Financial by 494.7% in the first quarter. GAMMA Investing LLC now owns 64,455 shares of the financial services provider's stock worth $457,000 after acquiring an additional 53,617 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Genworth Financial in the fourth quarter worth approximately $3,907,000. Jefferies Financial Group Inc. boosted its stake in shares of Genworth Financial by 47.0% in the fourth quarter. Jefferies Financial Group Inc. now owns 29,127 shares of the financial services provider's stock worth $204,000 after acquiring an additional 9,306 shares during the last quarter. Mackenzie Financial Corp boosted its stake in shares of Genworth Financial by 21.2% in the fourth quarter. Mackenzie Financial Corp now owns 117,977 shares of the financial services provider's stock worth $825,000 after acquiring an additional 20,624 shares during the last quarter. Finally, Forum Financial Management LP boosted its stake in shares of Genworth Financial by 12.6% in the fourth quarter. Forum Financial Management LP now owns 23,131 shares of the financial services provider's stock worth $162,000 after acquiring an additional 2,584 shares during the last quarter. 81.85% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

GNW has been the topic of a number of research analyst reports. Wall Street Zen lowered Genworth Financial from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. Keefe, Bruyette & Woods lifted their price target on Genworth Financial from $8.00 to $8.50 and gave the stock a "market perform" rating in a research note on Tuesday, May 13th.

Genworth Financial Trading Up 2.7%

NYSE GNW traded up $0.18 on Friday, reaching $6.96. 7,934,897 shares of the company were exchanged, compared to its average volume of 4,226,235. The business's fifty day moving average price is $6.82 and its 200 day moving average price is $7.00. The stock has a market capitalization of $2.88 billion, a P/E ratio of 10.24 and a beta of 1.03. 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 fifty-two week low of $5.87 and a fifty-two week high of $7.90.

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

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.