ProShare Advisors LLC Has $906,000 Stake in Genworth Financial, Inc. (NYSE:GNW)

ProShare Advisors LLC grew its holdings in shares of Genworth Financial, Inc. (NYSE:GNW - Free Report) by 44.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 129,675 shares of the financial services provider's stock after buying an additional 39,829 shares during the period. ProShare Advisors LLC's holdings in Genworth Financial were worth $906,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Byrne Asset Management LLC increased its stake in shares of Genworth Financial by 148.9% during the fourth quarter. Byrne Asset Management LLC now owns 4,480 shares of the financial services provider's stock valued at $31,000 after acquiring an additional 2,680 shares during the period. Jones Financial Companies Lllp acquired a new position in shares of Genworth Financial during the fourth quarter valued at approximately $41,000. Smartleaf Asset Management LLC increased its stake in shares of Genworth Financial by 279.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 10,494 shares of the financial services provider's stock valued at $73,000 after acquiring an additional 7,729 shares during the period. Pennington Partners & CO. LLC acquired a new position in shares of Genworth Financial during the fourth quarter valued at approximately $84,000. Finally, Landscape Capital Management L.L.C. acquired a new position in shares of Genworth Financial during the fourth quarter valued at approximately $85,000. Institutional investors own 81.85% of the company's stock.

Genworth Financial Price Performance

Genworth Financial stock traded up $0.19 during mid-day trading on Tuesday, hitting $6.98. The company's stock had a trading volume of 5,330,736 shares, compared to its average volume of 4,091,737. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $2.89 billion, a P/E ratio of 10.27 and a beta of 0.99. Genworth Financial, Inc. has a twelve month low of $5.87 and a twelve month high of $7.90. The stock's fifty day moving average price is $6.85 and its two-hundred day moving average price is $7.03.

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

Analyst Ratings Changes

A number of research firms recently commented on GNW. Wall Street Zen lowered shares of 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 shares of Genworth Financial from $8.00 to $8.50 and gave the stock a "market perform" rating in a research report on Tuesday, May 13th.

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.