Bay Capital Advisors LLC Invests $126,000 in Genworth Financial, Inc. (NYSE:GNW)

Bay Capital Advisors LLC bought a new position in Genworth Financial, Inc. (NYSE:GNW) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 18,003 shares of the financial services provider’s stock, valued at approximately $126,000.

A number of other large investors have also bought and sold shares of GNW. Intech Investment Management LLC boosted its stake in Genworth Financial by 34.8% in the third quarter. Intech Investment Management LLC now owns 127,882 shares of the financial services provider’s stock worth $876,000 after purchasing an additional 32,979 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Genworth Financial by 1.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 5,095,892 shares of the financial services provider’s stock valued at $34,907,000 after buying an additional 92,849 shares during the last quarter. Citigroup Inc. lifted its position in Genworth Financial by 50.7% during the 3rd quarter. Citigroup Inc. now owns 651,385 shares of the financial services provider’s stock worth $4,462,000 after buying an additional 219,224 shares in the last quarter. Daiwa Securities Group Inc. grew its holdings in Genworth Financial by 44.1% during the 3rd quarter. Daiwa Securities Group Inc. now owns 50,000 shares of the financial services provider’s stock worth $343,000 after acquiring an additional 15,300 shares during the last quarter. Finally, Hancock Whitney Corp increased its position in Genworth Financial by 1.0% in the 3rd quarter. Hancock Whitney Corp now owns 135,327 shares of the financial services provider’s stock valued at $927,000 after acquiring an additional 1,387 shares in the last quarter. 81.85% of the stock is currently owned by institutional investors.

Genworth Financial Trading Down 0.6 %

Shares of NYSE GNW opened at $7.15 on Wednesday. Genworth Financial, Inc. has a 1-year low of $5.67 and a 1-year high of $7.90. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.16. The company has a 50-day moving average of $6.97 and a two-hundred day moving average of $7.04. The company has a market cap of $2.99 billion, a PE ratio of 10.51 and a beta of 1.02.

Genworth Financial (NYSE:GNW) last posted its quarterly earnings data on Tuesday, February 18th. The financial services provider reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.14). The firm had revenue of $1.82 billion for the quarter. Genworth Financial had a return on equity of 2.96% and a net margin of 4.10%. During the same quarter last year, the company posted ($0.51) 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.