35,460 Shares in Genworth Financial, Inc. (NYSE:GNW) Purchased by Quantbot Technologies LP

Quantbot Technologies LP purchased a new stake in shares of Genworth Financial, Inc. (NYSE:GNW) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund purchased 35,460 shares of the financial services provider’s stock, valued at approximately $248,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. GAMMA Investing LLC lifted its holdings in shares of 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 in the last quarter. Savant Capital LLC lifted its stake in Genworth Financial by 11.9% during the 4th quarter. Savant Capital LLC now owns 17,155 shares of the financial services provider’s stock valued at $120,000 after acquiring an additional 1,830 shares in the last quarter. Factorial Partners LLC boosted its holdings in Genworth Financial by 0.3% during the 4th quarter. Factorial Partners LLC now owns 622,000 shares of the financial services provider’s stock worth $4,348,000 after acquiring an additional 2,000 shares during the last quarter. CIBC Asset Management Inc grew its stake in shares of Genworth Financial by 4.9% in the 4th quarter. CIBC Asset Management Inc now owns 43,219 shares of the financial services provider’s stock worth $302,000 after acquiring an additional 2,003 shares in the last quarter. Finally, HighTower Advisors LLC grew its stake in shares of Genworth Financial by 14.0% in the 4th quarter. HighTower Advisors LLC now owns 17,590 shares of the financial services provider’s stock worth $123,000 after acquiring an additional 2,154 shares in the last quarter. 81.85% of the stock is owned by institutional investors.

Genworth Financial Stock Down 2.5 %

GNW opened at $7.08 on Friday. 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 market capitalization of $2.96 billion, a P/E ratio of 10.41 and a beta of 1.02. The company’s 50-day moving average is $6.99 and its 200 day moving average is $7.05. 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) last posted its earnings results on Tuesday, February 18th. The financial services provider reported $0.04 EPS for the quarter, missing the consensus estimate 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 posted ($0.51) earnings per share.

About Genworth Financial

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.