Genworth Financial, Inc. (NYSE:GNW) Stock Holdings Lifted by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lifted its holdings in Genworth Financial, Inc. (NYSE:GNW) by 10.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 21,640 shares of the financial services provider’s stock after buying an additional 2,000 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Genworth Financial were worth $145,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Captrust Financial Advisors lifted its position in shares of Genworth Financial by 3.6% in the 2nd quarter. Captrust Financial Advisors now owns 53,669 shares of the financial services provider’s stock worth $268,000 after buying an additional 1,869 shares during the last quarter. RMR Wealth Builders increased its holdings in shares of Genworth Financial by 10.9% in the 3rd quarter. RMR Wealth Builders now owns 19,960 shares of the financial services provider’s stock worth $117,000 after acquiring an additional 1,960 shares during the period. Ethic Inc. increased its holdings in shares of Genworth Financial by 20.7% in the 1st quarter. Ethic Inc. now owns 13,175 shares of the financial services provider’s stock worth $66,000 after acquiring an additional 2,258 shares during the period. HighTower Advisors LLC increased its holdings in shares of Genworth Financial by 10.3% in the 4th quarter. HighTower Advisors LLC now owns 24,565 shares of the financial services provider’s stock worth $131,000 after acquiring an additional 2,300 shares during the period. Finally, Covestor Ltd increased its holdings in shares of Genworth Financial by 16.8% in the 3rd quarter. Covestor Ltd now owns 16,817 shares of the financial services provider’s stock worth $99,000 after acquiring an additional 2,413 shares during the period. 81.85% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Keefe, Bruyette & Woods increased their price objective 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 Stock Up 1.8 %

GNW stock opened at $5.99 on Friday. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.19. Genworth Financial, Inc. has a fifty-two week low of $4.51 and a fifty-two week high of $6.93. The firm’s 50-day simple moving average is $6.19 and its 200 day simple moving average is $6.17. The stock has a market cap of $2.63 billion, a PE ratio of -598,500.00 and a beta of 1.06.

Genworth Financial (NYSE:GNW) last released its earnings results on Wednesday, February 21st. The financial services provider reported ($0.51) EPS for the quarter, missing the consensus estimate of $0.19 by ($0.70). The company had revenue of $1.91 billion for the quarter. Genworth Financial had a net margin of 0.21% and a negative return on equity of 0.23%. During the same quarter last year, the firm posted $0.35 earnings per share.

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.