Susquehanna Fundamental Investments LLC purchased 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 disclosure with the Securities & Exchange Commission. The firm purchased 313,584 shares of the financial services provider's stock, valued at approximately $2,192,000. Susquehanna Fundamental Investments LLC owned 0.07% of Genworth Financial as of its most recent SEC filing.
Other hedge funds also recently made changes to their positions in the company. Byrne Asset Management LLC raised its position in shares of Genworth Financial by 148.9% in the 4th quarter. Byrne Asset Management LLC now owns 4,480 shares of the financial services provider's stock worth $31,000 after buying an additional 2,680 shares during the period. Jones Financial Companies Lllp acquired a new position in shares of Genworth Financial in the 4th quarter valued at about $41,000. Smartleaf Asset Management LLC grew its holdings in shares of Genworth Financial by 279.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 10,494 shares of the financial services provider's stock worth $73,000 after purchasing an additional 7,729 shares during the period. GAMMA Investing LLC increased its position in Genworth Financial by 17.2% during the 4th quarter. GAMMA Investing LLC now owns 10,838 shares of the financial services provider's stock worth $76,000 after purchasing an additional 1,591 shares in the last quarter. Finally, Landscape Capital Management L.L.C. purchased a new position in Genworth Financial in the fourth quarter valued at approximately $85,000. Institutional investors and hedge funds own 81.85% of the company's stock.
Genworth Financial Trading Up 2.8 %
GNW stock traded up $0.19 during midday trading on Friday, reaching $6.98. 6,030,477 shares of the company's stock traded hands, compared to its average volume of 3,743,814. Genworth Financial, Inc. has a fifty-two week low of $5.87 and a fifty-two week high of $7.90. The business has a 50-day moving average price of $6.75 and a two-hundred day moving average price of $7.01. The company has a market capitalization of $2.90 billion, a P/E ratio of 10.26 and a beta of 0.95. 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 quarterly 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 return on equity of 2.96% and a net margin of 4.10%. The business had revenue of $1.76 billion for the quarter.
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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