LSV Asset Management Has $38.89 Million Stake in Genworth Financial, Inc. (NYSE:GNW)

LSV Asset Management boosted its position in Genworth Financial, Inc. (NYSE:GNW) by 15.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,821,232 shares of the financial services provider’s stock after buying an additional 797,278 shares during the quarter. LSV Asset Management’s holdings in Genworth Financial were worth $38,886,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Daiwa Securities Group Inc. bought a new stake in Genworth Financial during the fourth quarter worth $33,000. GAMMA Investing LLC bought a new stake in shares of Genworth Financial during the 4th quarter worth approximately $56,000. Versor Investments LP acquired a new stake in shares of Genworth Financial in the 3rd quarter valued at $71,000. Pathway Financial Advisors LLC acquired a new stake in Genworth Financial in the fourth quarter valued at about $71,000. Finally, Strs Ohio grew its position in Genworth Financial by 259.5% in the third quarter. Strs Ohio now owns 15,100 shares of the financial services provider’s stock valued at $88,000 after acquiring an additional 10,900 shares during the last quarter. Institutional investors own 81.85% of the company’s stock.

Genworth Financial Stock Up 0.2 %

Shares of GNW opened at $6.50 on Monday. The stock has a market capitalization of $2.86 billion, a price-to-earnings ratio of 34.16 and a beta of 1.08. Genworth Financial, Inc. has a 52 week low of $4.83 and a 52 week high of $6.93. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.30 and a current ratio of 0.29. The stock has a fifty day moving average of $6.19 and a 200-day moving average of $6.18.

Genworth Financial (NYSE:GNW) last announced its quarterly earnings results on Wednesday, May 1st. The financial services provider reported $0.19 earnings per share (EPS) for the quarter. The firm had revenue of $1.86 billion during the quarter. Genworth Financial had a net margin of 1.24% and a negative return on equity of 0.21%.

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods increased their target price on shares of Genworth Financial from $6.50 to $7.00 and gave the stock a “market perform” rating in a report on Wednesday, April 10th.

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.