Institutional Ownership And Insider Trading At Genworth Financial, Inc. (GNW)

Marco Green
September 13, 2017

It offers long-term care insurance products. ValuEngine upgraded Genworth Financial from a "sell" rating to a "hold" rating in a report on Tuesday, June 27th. Share performance for the month is now at -1.08%. However, new products and pricing changes in the U.S. Life Insurance Division implemented over the past couple of years, led to lower sales for Genworth.

ILLEGAL ACTIVITY NOTICE: "Genworth Financial Inc (GNW) Receives $4.03 Average Target Price from Analysts" was reported by Week Herald and is the property of of Week Herald.

04/30/2015 - Genworth Financial Inc had its "sell" rating reiterated by analysts at TheStreet. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation. This recommendation lands on a scale between 1 and 5.

The share price of Genworth Financial Inc (NYSE:GNW) was up +7.88% during the last trading session, with a day high of 4.04.

Shares of Genworth Financial (GNW) traded up 6.658% during midday trading on Tuesday, reaching $3.925. The stock had a trading volume of 10,627,216 shares. The stock's 50-day moving average price is $3.44 and its 200-day moving average price is $3.73. The company reported revenue of $2.21 Billion in the same period a year ago. The stock go down so far this year; showing a decline of -3.41% and added with positive flow of 4.84% during recent week. The value of the investment in Genworth Financial Inc increased from $127,000 to $119,000,000 a change of 93,600.8% for the reporting period. The consensus mean EPS for the current quarter is at $0.22 derived from a total of 3 estimates from the analysts who have weighed in on projected earnings.

While considering growth estimates of the company, it has next quarter growth estimates of 181.5% whereas during current quarter it has 127.2% estimations over growth, comparing to the estimations of 263.5% during current year and -11.7% for next year.

How Active Are Genworth Financial, Inc. Davidson & Garrard Inc. now owns 30,871 shares of the company's stock worth $153,000 after buying an additional 2,000 shares in the last quarter.

WARNING: "Genworth Financial Inc (GNW) Upgraded by Zacks Investment Research to "Buy" was reported by TrueBlueTribune and is the sole property of of TrueBlueTribune. If you are accessing this news story on another website, it was illegally stolen and republished in violation of USA & global trademark & copyright laws. The correct version of this article can be viewed at https://www.truebluetribune.com/2017/09/12/genworth-financial-inc-gnw-lifted-to-buy-at-zacks-investment-research.html. Hedge funds and other institutional investors own 75.59% of the company's stock. In the past 3-month period alone, shares of GNW have appreciated +0.05 - or +1.38%. During the same quarter in the previous year, the company earned $0.39 earnings per share. Past 5 years growth of Genworth Financial Inc (NYSE:GNW) observed at -1.01%, looking forward for the next 5 years it has a strong prediction of 5% over growth. Creative Planning increased its stake in shares of Genworth Financial by 16.5% during the first quarter. CIBC World Markets Inc. boosted its stake in Genworth Financial by 6.2% in the third quarter.

Examining Institutional Ownership at Genworth Financial, Inc. Capstone Asset Management Co. now owns 80,424 shares of the financial services provider's stock worth $331,000 after purchasing an additional 630 shares in the last quarter. OMERS ADMINISTRATION Corp now owns 2,890,200 shares of the financial services provider's stock worth $10,896,000 after acquiring an additional 45,500 shares during the period.

01/08/2015 - Bank of America Merrill Lynch began new coverage on Genworth Financial Inc giving the company a "underweight" rating. The Company provides insurance, wealth management, investment and financial solutions. The company experienced a fall in short interest from July 31, 2017 to August 15, 2017 of -12.23%. The Company operates in Insurance, Mortgage Insurance and Corporate and Runoff.

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