Raymond James Financial Services Advisors Inc. Has $189,000 Stock Holdings in Genworth Financial, Inc. (NYSE:GNW)

Raymond James Financial Services Advisors Inc. grew its holdings in Genworth Financial, Inc. (NYSE:GNW) by 9.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 50,011 shares of the financial services provider’s stock after purchasing an additional 4,195 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Genworth Financial were worth $189,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. BlackRock Inc. lifted its stake in shares of Genworth Financial by 1.4% in the 4th quarter. BlackRock Inc. now owns 56,630,679 shares of the financial services provider’s stock valued at $214,064,000 after purchasing an additional 757,033 shares during the period. Shah Capital Management lifted its stake in shares of Genworth Financial by 3.2% in the 4th quarter. Shah Capital Management now owns 9,521,754 shares of the financial services provider’s stock valued at $35,992,000 after purchasing an additional 292,944 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of Genworth Financial by 0.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 4,115,115 shares of the financial services provider’s stock valued at $13,786,000 after purchasing an additional 30,205 shares during the period. Alpine Associates Management Inc. increased its position in Genworth Financial by 100.9% in the 4th quarter. Alpine Associates Management Inc. now owns 2,605,694 shares of the financial services provider’s stock valued at $9,850,000 after buying an additional 1,308,694 shares in the last quarter. Finally, Credit Suisse AG increased its position in Genworth Financial by 22.2% in the 4th quarter. Credit Suisse AG now owns 1,863,298 shares of the financial services provider’s stock valued at $7,044,000 after buying an additional 338,786 shares in the last quarter. 67.22% of the stock is currently owned by institutional investors.

Shares of Genworth Financial stock opened at $3.54 on Thursday. Genworth Financial, Inc. has a one year low of $1.87 and a one year high of $4.76. The firm has a market capitalization of $1.79 billion, a price-to-earnings ratio of -17.70 and a beta of 1.08. The business has a 50-day simple moving average of $3.37 and a 200 day simple moving average of $3.69. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.26 and a quick ratio of 0.26.

Genworth Financial (NYSE:GNW) last issued its earnings results on Tuesday, February 16th. The financial services provider reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.14. The business had revenue of $2.09 billion during the quarter. Genworth Financial had a positive return on equity of 1.12% and a negative net margin of 1.26%.

About Genworth Financial

Genworth Financial, Inc provides insurance products in the United States and internationally. It operates through four segments: U.S. Mortgage Insurance, Australia Mortgage Insurance, U.S. Life Insurance, and Runoff. The U.S. Mortgage Insurance segment offers mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans; and pool mortgage insurance products.

See Also: What is required to own or exchange cryptocurrency?

Want to see what other hedge funds are holding GNW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Genworth Financial, Inc. (NYSE:GNW).

Institutional Ownership by Quarter for Genworth Financial (NYSE:GNW)

Receive News & Ratings for Genworth Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Genworth Financial and related companies with MarketBeat.com's FREE daily email newsletter.