Genworth Financial, Inc. (NYSE:GNW) Shares Sold by Two Sigma Investments LP

Two Sigma Investments LP decreased its position in Genworth Financial, Inc. (NYSE:GNW - Free Report) by 34.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 827,700 shares of the financial services provider's stock after selling 438,949 shares during the period. Two Sigma Investments LP owned about 0.19% of Genworth Financial worth $5,786,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. State of Wyoming raised its holdings in Genworth Financial by 61.8% in the 4th quarter. State of Wyoming now owns 38,051 shares of the financial services provider's stock worth $266,000 after purchasing an additional 14,529 shares during the period. ProShare Advisors LLC raised its holdings in shares of Genworth Financial by 44.3% during the fourth quarter. ProShare Advisors LLC now owns 129,675 shares of the financial services provider's stock valued at $906,000 after acquiring an additional 39,829 shares during the last quarter. Nuveen Asset Management LLC lifted its holdings in Genworth Financial by 106.9% in the 4th quarter. Nuveen Asset Management LLC now owns 2,663,077 shares of the financial services provider's stock valued at $18,615,000 after purchasing an additional 1,375,637 shares in the last quarter. Numerai GP LLC acquired a new position in Genworth Financial during the fourth quarter worth about $1,471,000. Finally, OMERS ADMINISTRATION Corp purchased a new stake in shares of Genworth Financial in the fourth quarter valued at approximately $347,000. Institutional investors and hedge funds own 81.85% of the company's stock.

Genworth Financial Stock Up 0.6%

Shares of Genworth Financial stock traded up $0.05 during trading hours on Friday, hitting $7.07. The company had a trading volume of 6,365,961 shares, compared to its average volume of 4,139,800. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.29 and a quick ratio of 0.29. The company's 50-day moving average is $6.85 and its two-hundred day moving average is $7.03. The company has a market cap of $2.93 billion, a P/E ratio of 10.39 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.

Genworth Financial (NYSE:GNW - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate 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 for the quarter.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Wall Street Zen downgraded Genworth Financial from a "hold" rating to a "sell" rating in a research report on Thursday, May 22nd. Keefe, Bruyette & Woods raised their price objective on shares of Genworth Financial from $8.00 to $8.50 and gave the company a "market perform" rating in a research note on Tuesday, May 13th.

Genworth Financial Company 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.