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

Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Genworth Financial, Inc. (NYSE:GNW - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 558,997 shares of the financial services provider's stock, valued at approximately $3,907,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.13% of Genworth Financial at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the company. Byrne Asset Management LLC boosted its position 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 worth $31,000 after purchasing an additional 2,680 shares in the last quarter. Jones Financial Companies Lllp bought a new position in Genworth Financial during the fourth quarter worth about $41,000. Smartleaf Asset Management LLC grew its stake in Genworth Financial by 279.5% in 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 bought a new stake in shares of Genworth Financial in the fourth quarter worth about $84,000. Finally, Landscape Capital Management L.L.C. acquired a new stake in shares of Genworth Financial during the fourth quarter worth about $85,000. Institutional investors and hedge funds own 81.85% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Wall Street Zen lowered Genworth Financial from a "hold" rating to a "sell" rating in a research report on Thursday, May 22nd. Keefe, Bruyette & Woods increased their price objective 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.

Genworth Financial Stock Down 0.2%

Shares of GNW traded down $0.01 during midday trading on Tuesday, hitting $7.07. The stock had a trading volume of 6,553,710 shares, compared to its average volume of 4,150,009. The firm has a market cap of $2.93 billion, a price-to-earnings ratio of 10.39 and a beta of 0.99. The company has a 50 day simple moving average of $6.84 and a two-hundred day simple moving average of $7.02. Genworth Financial, Inc. has a twelve month low of $5.87 and a twelve month high of $7.90. 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 (NYSE:GNW - Get Free Report) last announced its earnings results 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 firm had revenue of $1.76 billion during the quarter.

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.