Renaissance Technologies LLC Purchases 283,700 Shares of Genworth Financial, Inc. (NYSE:GNW)

Renaissance Technologies LLC boosted its stake in Genworth Financial, Inc. (NYSE:GNW - Free Report) by 12.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,558,600 shares of the financial services provider's stock after buying an additional 283,700 shares during the period. Renaissance Technologies LLC owned 0.60% of Genworth Financial worth $17,885,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. GAMMA Investing LLC boosted its position in shares of Genworth Financial by 17.2% during the fourth quarter. GAMMA Investing LLC now owns 10,838 shares of the financial services provider's stock valued at $76,000 after purchasing an additional 1,591 shares in the last quarter. Savant Capital LLC boosted its stake in Genworth Financial by 11.9% in the 4th quarter. Savant Capital LLC now owns 17,155 shares of the financial services provider's stock worth $120,000 after purchasing an additional 1,830 shares in the last quarter. Factorial Partners LLC grew its holdings in shares of Genworth Financial by 0.3% during the fourth quarter. Factorial Partners LLC now owns 622,000 shares of the financial services provider's stock valued at $4,348,000 after buying an additional 2,000 shares during the last quarter. CIBC Asset Management Inc increased its holdings in Genworth Financial by 4.9% during the fourth quarter. CIBC Asset Management Inc now owns 43,219 shares of the financial services provider's stock valued at $302,000 after buying an additional 2,003 shares during the last quarter. Finally, HighTower Advisors LLC raised its position in Genworth Financial by 14.0% in the fourth quarter. HighTower Advisors LLC now owns 17,590 shares of the financial services provider's stock worth $123,000 after acquiring an additional 2,154 shares during the period. 81.85% of the stock is owned by institutional investors.

Genworth Financial Stock Performance

NYSE GNW traded up $0.09 on Friday, hitting $6.65. 6,857,779 shares of the company traded hands, compared to its average volume of 3,591,948. The business's 50 day moving average price is $6.81 and its 200-day moving average price is $7.03. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.16. Genworth Financial, Inc. has a 52-week low of $5.80 and a 52-week high of $7.90. The company has a market capitalization of $2.76 billion, a price-to-earnings ratio of 9.77 and a beta of 0.95.

Genworth Financial (NYSE:GNW - Get Free Report) last announced its quarterly earnings data on Tuesday, February 18th. The financial services provider reported $0.04 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.14). The firm had revenue of $1.82 billion for the quarter. Genworth Financial had a net margin of 4.10% and a return on equity of 2.96%. During the same quarter last year, the firm earned ($0.51) EPS.

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.