Genworth Financial, Inc. (NYSE:GNW) Shares Sold by Vinva Investment Management Ltd

Vinva Investment Management Ltd reduced its stake in Genworth Financial, Inc. (NYSE:GNW) by 7.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 59,323 shares of the financial services provider’s stock after selling 4,885 shares during the period. 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.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Byrne Asset Management LLC lifted 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 valued at $31,000 after acquiring an additional 2,680 shares in the last quarter. Jones Financial Companies Lllp acquired a new position in Genworth Financial in the 4th quarter valued at $41,000. LMR Partners LLP acquired a new position in Genworth Financial in the 3rd quarter valued at $73,000. Smartleaf Asset Management LLC boosted its holdings in Genworth Financial by 279.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 10,494 shares of the financial services provider’s stock valued at $73,000 after purchasing an additional 7,729 shares during the period. Finally, GAMMA Investing LLC boosted its holdings in Genworth Financial by 17.2% in the 4th 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 during the period. 81.85% of the stock is owned by institutional investors and hedge funds.

Genworth Financial Price Performance

Shares of Genworth Financial stock opened at $6.92 on Friday. 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, Inc. has a fifty-two week low of $5.67 and a fifty-two week high of $7.90. The firm has a fifty day moving average price of $6.95 and a two-hundred day moving average price of $7.03. The company has a market cap of $2.90 billion, a PE ratio of 10.17 and a beta of 1.02.

Genworth Financial (NYSE:GNW) last released its quarterly earnings data on Tuesday, February 18th. The financial services provider reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.14). The business had revenue of $1.82 billion for the quarter. Genworth Financial had a return on equity of 2.96% and a net margin of 4.10%. During the same period last year, the firm earned ($0.51) earnings per share.

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.