State of Tennessee Department of Treasury Lowers Stake in Genworth Financial, Inc. (NYSE:GNW)

State of Tennessee Department of Treasury lessened its position in Genworth Financial, Inc. (NYSE:GNW - Free Report) by 46.3% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 109,680 shares of the financial services provider's stock after selling 94,557 shares during the period. State of Tennessee Department of Treasury's holdings in Genworth Financial were worth $767,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Tower Research Capital LLC TRC grew its holdings in shares of Genworth Financial by 87.9% during the fourth quarter. Tower Research Capital LLC TRC now owns 22,042 shares of the financial services provider's stock valued at $154,000 after buying an additional 10,311 shares during the last quarter. MetLife Investment Management LLC increased its holdings in Genworth Financial by 5.8% during the 4th quarter. MetLife Investment Management LLC now owns 256,711 shares of the financial services provider's stock worth $1,794,000 after purchasing an additional 14,129 shares in the last quarter. Forum Financial Management LP raised its stake in shares of Genworth Financial by 12.6% in the fourth quarter. Forum Financial Management LP now owns 23,131 shares of the financial services provider's stock worth $162,000 after purchasing an additional 2,584 shares during the last quarter. CANADA LIFE ASSURANCE Co raised its stake in shares of Genworth Financial by 3.7% in the fourth quarter. CANADA LIFE ASSURANCE Co now owns 506,618 shares of the financial services provider's stock worth $3,540,000 after purchasing an additional 17,877 shares during the last quarter. Finally, Marshall Wace LLP boosted its position in shares of Genworth Financial by 45.2% during the fourth quarter. Marshall Wace LLP now owns 454,900 shares of the financial services provider's stock valued at $3,180,000 after buying an additional 141,660 shares during the last quarter. 81.85% of the stock is owned by institutional investors and hedge funds.

Genworth Financial Stock Up 1.4 %

Shares of GNW traded up $0.10 during trading hours on Thursday, reaching $7.01. 1,710,456 shares of the stock traded hands, compared to its average volume of 3,797,681. Genworth Financial, Inc. has a 52 week low of $5.87 and a 52 week high of $7.90. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.16. The stock has a fifty day simple moving average of $6.76 and a 200 day simple moving average of $7.01. The company has a market cap of $2.92 billion, a price-to-earnings ratio of 10.31 and a beta of 0.99.

Genworth Financial (NYSE:GNW - Get Free Report) last released its earnings results on Wednesday, April 30th. The financial services provider reported $0.12 earnings per share 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 company had revenue of $1.76 billion for the quarter.

Genworth Financial 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.