Vinva Investment Management Ltd lessened its stake in Genworth Financial, Inc. (NYSE:GNW – Free Report) by 7.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 59,323 shares of the financial services provider’s stock after selling 4,885 shares during the quarter. Vinva Investment Management Ltd’s holdings in Genworth Financial were worth $415,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Xponance Inc. boosted its stake in Genworth Financial by 9.5% during the 4th quarter. Xponance Inc. now owns 31,032 shares of the financial services provider’s stock worth $217,000 after acquiring an additional 2,693 shares during the last quarter. Intech Investment Management LLC lifted its position in shares of Genworth Financial by 211.0% in the fourth quarter. Intech Investment Management LLC now owns 397,733 shares of the financial services provider’s stock worth $2,780,000 after purchasing an additional 269,851 shares in the last quarter. Cibc World Markets Corp bought a new stake in shares of Genworth Financial in the fourth quarter worth $282,000. Thompson Siegel & Walmsley LLC lifted its position in shares of Genworth Financial by 7.9% in the fourth quarter. Thompson Siegel & Walmsley LLC now owns 123,320 shares of the financial services provider’s stock worth $862,000 after purchasing an additional 8,981 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. increased its holdings in Genworth Financial by 85.5% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 799,542 shares of the financial services provider’s stock worth $5,589,000 after buying an additional 368,413 shares during the last quarter. Institutional investors and hedge funds own 81.85% of the company’s stock.
Genworth Financial Price Performance
Shares of GNW opened at $6.92 on Friday. The company has a market cap of $2.90 billion, a price-to-earnings ratio of 10.17 and a beta of 1.02. Genworth Financial, Inc. has a 1-year low of $5.67 and a 1-year high of $7.90. The company’s fifty day simple moving average is $6.95 and its 200 day simple moving average 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 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.
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