NJ State Employees Deferred Compensation Plan bought a new stake in Genworth Financial Inc (NYSE:GNW) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 70,000 shares of the financial services provider’s stock, valued at approximately $268,000.
Coldstream Capital Management Inc. purchased a new position in Genworth Financial in the fourth quarter valued at about $50,000. Founders Capital Management grew its position in shares of Genworth Financial by 4,000.0% in the fourth quarter. Founders Capital Management now owns 12,300 shares of the financial services provider’s stock valued at $57,000 after purchasing an additional 12,000 shares during the last quarter.
Park National Corp OH grew its position in shares of Genworth Financial by 25.0% in the first quarter. Park National Corp OH now owns 15,000 shares of the financial services provider’s stock valued at $57,000 after purchasing an additional 3,000 shares during the last quarter. Paulson Wealth Management Inc. acquired a new stake in shares of Genworth Financial in the fourth quarter valued at approximately $62,000. Finally, Standard Life Aberdeen plc acquired a new stake in shares of Genworth Financial in the third quarter valued at approximately $74,000. 65.27% of the stock is owned by institutional investors.
Several analysts have recently commented on GNW shares. ValuEngine upgraded shares of Genworth Financial from a “sell” rating to a “hold” rating in a research report on Wednesday, May 1st. Zacks Investment Research lowered shares of Genworth Financial from a “hold” rating to a “strong sell” rating in a research report on Tuesday, April 2nd.
Shares of GNW stock traded down $0.07 during trading hours on Monday, hitting $3.81. The company’s stock had a trading volume of 492,713 shares, compared to its average volume of 2,129,960. The firm has a market capitalization of $1.92 billion, a PE ratio of 10.57 and a beta of 1.49. Genworth Financial Inc has a twelve month low of $2.86 and a twelve month high of $5.02. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.27 and a quick ratio of 0.27.
Genworth Financial (NYSE:GNW) last released its quarterly earnings results on Tuesday, April 30th. The financial services provider reported $0.24 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.02). The business had revenue of $2.20 billion during the quarter, compared to analyst estimates of $2.13 billion. Genworth Financial had a net margin of 2.12% and a return on equity of 1.20%.