Amundi Raises Stock Holdings in Genworth Financial, Inc. (NYSE:GNW)

Amundi boosted its holdings in Genworth Financial, Inc. (NYSE:GNW) by 183.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 215,289 shares of the financial services provider’s stock after purchasing an additional 139,231 shares during the period. Amundi owned about 0.05% of Genworth Financial worth $1,466,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Hancock Whitney Corp boosted its holdings in Genworth Financial by 1.0% in the third quarter. Hancock Whitney Corp now owns 135,327 shares of the financial services provider’s stock valued at $927,000 after purchasing an additional 1,387 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Genworth Financial by 17.2% in 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 during the last quarter. Savant Capital LLC boosted its holdings in Genworth Financial by 11.9% in the fourth quarter. Savant Capital LLC now owns 17,155 shares of the financial services provider’s stock valued at $120,000 after purchasing an additional 1,830 shares during the last quarter. Factorial Partners LLC boosted its holdings in Genworth Financial by 0.3% in the fourth quarter. Factorial Partners LLC now owns 622,000 shares of the financial services provider’s stock valued at $4,348,000 after purchasing an additional 2,000 shares during the last quarter. Finally, CIBC Asset Management Inc boosted its holdings in Genworth Financial by 4.9% in the fourth quarter. CIBC Asset Management Inc now owns 43,219 shares of the financial services provider’s stock valued at $302,000 after purchasing an additional 2,003 shares during the last quarter. Hedge funds and other institutional investors own 81.85% of the company’s stock.

Genworth Financial Trading Down 0.4 %

NYSE:GNW opened at $6.79 on Wednesday. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.16. The business’s 50 day moving average is $6.94 and its two-hundred day moving average is $7.03. Genworth Financial, Inc. has a 52 week low of $5.67 and a 52 week high of $7.90. The company has a market cap of $2.84 billion, a PE ratio of 9.98 and a beta of 1.02.

Genworth Financial (NYSE:GNW) last released its earnings results 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). Genworth Financial had a return on equity of 2.96% and a net margin of 4.10%. The firm had revenue of $1.82 billion for the quarter. During the same quarter in the previous year, the company posted ($0.51) earnings per share.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Genworth Financial from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th.

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.