Cibc World Markets Corp Purchases Shares of 40,291 Genworth Financial, Inc. (NYSE:GNW)

Cibc World Markets Corp purchased a new position in shares of Genworth Financial, Inc. (NYSE:GNW) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 40,291 shares of the financial services provider’s stock, valued at approximately $282,000.

A number of other large investors have also modified their holdings of GNW. Thompson Siegel & Walmsley LLC grew its position in Genworth Financial by 7.9% during the 4th quarter. Thompson Siegel & Walmsley LLC now owns 123,320 shares of the financial services provider’s stock worth $862,000 after purchasing an additional 8,981 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of Genworth Financial by 85.5% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 799,542 shares of the financial services provider’s stock valued at $5,589,000 after buying an additional 368,413 shares during the last quarter. HighTower Advisors LLC grew its holdings in shares of Genworth Financial by 14.0% during the fourth quarter. HighTower Advisors LLC now owns 17,590 shares of the financial services provider’s stock valued at $123,000 after buying an additional 2,154 shares during the last quarter. Wealthfront Advisers LLC acquired a new position in shares of Genworth Financial in the 4th quarter valued at $156,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Genworth Financial by 15.3% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 127,621 shares of the financial services provider’s stock worth $892,000 after acquiring an additional 16,937 shares during the last quarter. Hedge funds and other institutional investors own 81.85% of the company’s stock.

Genworth Financial Stock Down 0.6 %

Genworth Financial stock opened at $7.15 on Wednesday. The business’s 50-day simple moving average is $6.97 and its two-hundred day simple moving average is $7.04. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.29 and a current ratio of 0.29. The company has a market cap of $2.99 billion, a PE ratio of 10.51 and a beta of 1.02. Genworth Financial, Inc. has a fifty-two week low of $5.67 and a fifty-two week high of $7.90.

Genworth Financial (NYSE:GNW) last issued 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 net margin of 4.10% and a return on equity of 2.96%. The firm had revenue of $1.82 billion during the quarter. During the same quarter in the prior year, the company posted ($0.51) EPS.

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.