Genworth Financial, Inc. (NYSE:GNW) Shares Purchased by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. grew its stake in Genworth Financial, Inc. (NYSE:GNW - Free Report) by 21.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,806,350 shares of the financial services provider's stock after buying an additional 316,780 shares during the period. Assenagon Asset Management S.A. owned approximately 0.40% of Genworth Financial worth $12,066,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. BlackRock Inc. boosted its stake in Genworth Financial by 1.7% in the first quarter. BlackRock Inc. now owns 74,167,167 shares of the financial services provider's stock worth $280,352,000 after buying an additional 1,229,799 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Genworth Financial by 2.3% in the 1st quarter. Vanguard Group Inc. now owns 56,637,689 shares of the financial services provider's stock valued at $214,089,000 after purchasing an additional 1,277,332 shares in the last quarter. State Street Corp grew its holdings in shares of Genworth Financial by 1.7% during the 2nd quarter. State Street Corp now owns 21,013,715 shares of the financial services provider's stock valued at $74,178,000 after purchasing an additional 353,849 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Genworth Financial by 25.5% in the first quarter. Dimensional Fund Advisors LP now owns 12,752,890 shares of the financial services provider's stock worth $48,206,000 after purchasing an additional 2,590,196 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in Genworth Financial by 1.6% during the second quarter. Geode Capital Management LLC now owns 9,463,800 shares of the financial services provider's stock valued at $47,319,000 after buying an additional 144,763 shares during the period. Hedge funds and other institutional investors own 81.85% of the company's stock.

Genworth Financial Trading Up 0.5 %

Shares of NYSE GNW traded up $0.03 during midday trading on Friday, reaching $6.43. The company had a trading volume of 2,749,309 shares, compared to its average volume of 2,890,252. The stock has a market cap of $2.85 billion, a PE ratio of -643,000.00 and a beta of 1.06. Genworth Financial, Inc. has a one year low of $4.51 and a one year high of $6.93. The firm's fifty day moving average price is $6.23 and its 200-day moving average price is $6.15. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.19.

Genworth Financial (NYSE:GNW - Get Free Report) last announced its quarterly earnings results on Wednesday, February 21st. The financial services provider reported ($0.51) EPS for the quarter, missing analysts' consensus estimates of $0.19 by ($0.70). Genworth Financial had a negative return on equity of 0.23% and a net margin of 0.21%. The company had revenue of $1.91 billion during the quarter. During the same quarter in the prior year, the business earned $0.35 earnings per share.

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.