First Trust Advisors LP reduced its holdings in shares of Genworth Financial, Inc. (NYSE:GNW - Free Report) by 33.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 141,644 shares of the financial services provider's stock after selling 71,838 shares during the period. First Trust Advisors LP's holdings in Genworth Financial were worth $990,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. Byrne Asset Management LLC grew its holdings in Genworth Financial by 148.9% during the 4th quarter. Byrne Asset Management LLC now owns 4,480 shares of the financial services provider's stock worth $31,000 after acquiring an additional 2,680 shares during the period. Jones Financial Companies Lllp acquired a new stake in shares of Genworth Financial in the 4th quarter valued at about $41,000. Smartleaf Asset Management LLC grew its stake in shares of Genworth Financial by 279.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 10,494 shares of the financial services provider's stock valued at $73,000 after buying an additional 7,729 shares during the period. GAMMA Investing LLC grew its stake in shares of Genworth Financial by 17.2% in the 4th quarter. GAMMA Investing LLC now owns 10,838 shares of the financial services provider's stock valued at $76,000 after buying an additional 1,591 shares during the period. Finally, Landscape Capital Management L.L.C. acquired a new stake in shares of Genworth Financial in the 4th quarter valued at about $85,000. 81.85% of the stock is currently owned by institutional investors and hedge funds.
Genworth Financial Stock Up 2.3%
Shares of GNW traded up $0.17 during trading hours on Monday, hitting $7.22. The stock had a trading volume of 5,881,240 shares, compared to its average volume of 3,837,984. 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 firm has a 50 day simple moving average of $6.77 and a 200-day simple moving average of $7.01. The firm has a market capitalization of $2.99 billion, a P/E ratio of 10.61 and a beta of 0.99. Genworth Financial, Inc. has a 1-year low of $5.87 and a 1-year high of $7.90.
Genworth Financial (NYSE:GNW - Get Free Report) last issued its earnings results on Wednesday, April 30th. The financial services provider reported $0.12 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.09). The firm had revenue of $1.76 billion during the quarter. Genworth Financial had a net margin of 4.10% and a return on equity of 2.96%.
About Genworth Financial
(
Free Report)
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.
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