Y Intercept Hong Kong Ltd Grows Stock Holdings in Genworth Financial, Inc. (NYSE:GNW)

Y Intercept Hong Kong Ltd raised its holdings in shares of Genworth Financial, Inc. (NYSE:GNW) by 12.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 117,351 shares of the financial services provider’s stock after acquiring an additional 13,042 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Genworth Financial were worth $804,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in GNW. EverSource Wealth Advisors LLC raised its stake in shares of Genworth Financial by 72.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,828 shares of the financial services provider’s stock valued at $29,000 after purchasing an additional 2,022 shares during the period. Harbor Capital Advisors Inc. bought a new stake in shares of Genworth Financial during the third quarter valued at about $30,000. GAMMA Investing LLC lifted its holdings in shares of Genworth Financial by 34.0% in the third quarter. GAMMA Investing LLC now owns 9,247 shares of the financial services provider’s stock worth $63,000 after buying an additional 2,347 shares in the last quarter. LMR Partners LLP bought a new position in shares of Genworth Financial in the third quarter valued at approximately $73,000. Finally, RMR Wealth Builders grew its stake in Genworth Financial by 20.2% during the second quarter. RMR Wealth Builders now owns 12,620 shares of the financial services provider’s stock valued at $76,000 after acquiring an additional 2,120 shares in the last quarter. 81.85% of the stock is owned by institutional investors.

Genworth Financial Stock Up 0.5 %

Shares of NYSE GNW opened at $7.54 on Friday. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.17. The business has a 50-day moving average of $7.23 and a 200-day moving average of $6.73. The firm has a market capitalization of $3.22 billion, a price-to-earnings ratio of 35.88 and a beta of 0.99. Genworth Financial, Inc. has a 12 month low of $5.67 and a 12 month high of $7.90.

Analyst Ratings Changes

Separately, StockNews.com cut shares of Genworth Financial from a “buy” rating to a “hold” rating in a research note on Wednesday, November 20th.

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.