Universal Beteiligungs und Servicegesellschaft mbH Takes Position in Genworth Financial, Inc. (NYSE:GNW)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Genworth Financial, Inc. (NYSE:GNW - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 558,997 shares of the financial services provider's stock, valued at approximately $3,907,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.13% of Genworth Financial as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the stock. Donald Smith & CO. Inc. raised its position in Genworth Financial by 3.7% in the fourth quarter. Donald Smith & CO. Inc. now owns 25,949,469 shares of the financial services provider's stock worth $181,387,000 after acquiring an additional 934,175 shares during the period. American Century Companies Inc. raised its position in Genworth Financial by 8.8% in the fourth quarter. American Century Companies Inc. now owns 7,220,342 shares of the financial services provider's stock worth $50,470,000 after acquiring an additional 582,147 shares during the period. Northern Trust Corp raised its position in Genworth Financial by 18.1% in the fourth quarter. Northern Trust Corp now owns 6,025,178 shares of the financial services provider's stock worth $42,116,000 after acquiring an additional 922,126 shares during the period. Prudential Financial Inc. raised its position in Genworth Financial by 70.2% in the fourth quarter. Prudential Financial Inc. now owns 5,567,978 shares of the financial services provider's stock worth $38,920,000 after acquiring an additional 2,296,538 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its position in Genworth Financial by 1.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,195,012 shares of the financial services provider's stock worth $36,313,000 after acquiring an additional 99,120 shares during the period. Institutional investors own 81.85% of the company's stock.

Wall Street Analysts Forecast Growth

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

Genworth Financial Price Performance

GNW stock traded down $0.17 during midday trading on Thursday, reaching $6.77. The company had a trading volume of 7,740,589 shares, compared to its average volume of 4,191,972. 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 company has a market capitalization of $2.81 billion, a P/E ratio of 9.96 and a beta of 0.99. The firm has a 50-day moving average price of $6.83 and a 200-day moving average price of $7.01.

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 (EPS) for the quarter, missing analysts' consensus estimates of $0.21 by ($0.09). Genworth Financial had a net margin of 4.10% and a return on equity of 2.96%. The business 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.