Zurcher Kantonalbank Zurich Cantonalbank Acquires 16,937 Shares of Genworth Financial, Inc. (NYSE:GNW)

Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Genworth Financial, Inc. (NYSE:GNW) by 15.3% during the 4th quarter, HoldingsChannel reports. The firm owned 127,621 shares of the financial services provider’s stock after purchasing an additional 16,937 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Genworth Financial were worth $892,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of GNW. Raymond James Financial Inc. bought a new stake in Genworth Financial during the 4th quarter worth $7,496,000. Repertoire Partners LP bought a new stake in Genworth Financial during the 3rd quarter worth $6,850,000. Whitefort Capital Management LP grew its position in Genworth Financial by 49.6% during the 3rd quarter. Whitefort Capital Management LP now owns 2,986,960 shares of the financial services provider’s stock worth $20,461,000 after acquiring an additional 990,000 shares during the last quarter. FMR LLC grew its position in Genworth Financial by 18.7% during the 3rd quarter. FMR LLC now owns 5,675,896 shares of the financial services provider’s stock worth $38,880,000 after acquiring an additional 894,053 shares during the last quarter. Finally, Verition Fund Management LLC grew its position in Genworth Financial by 900.7% during the 3rd quarter. Verition Fund Management LLC now owns 970,185 shares of the financial services provider’s stock worth $6,646,000 after acquiring an additional 873,237 shares during the last quarter. Institutional investors own 81.85% of the company’s stock.

Genworth Financial Trading Up 2.0 %

Shares of GNW stock opened at $7.06 on Friday. The firm has a market capitalization of $2.95 billion, a P/E ratio of 10.38 and a beta of 1.02. Genworth Financial, Inc. has a twelve month low of $5.67 and a twelve month high of $7.90. 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 stock’s fifty day simple moving average is $6.95 and its 200 day simple moving average is $7.03.

Genworth Financial (NYSE:GNW) last issued its quarterly earnings data on Tuesday, February 18th. The financial services provider reported $0.04 earnings per share 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 prior year, the company earned ($0.51) EPS.

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.