Trexquant Investment LP Has $3.55 Million Stock Holdings in Genworth Financial, Inc. (NYSE:GNW)

Trexquant Investment LP raised its holdings in Genworth Financial, Inc. (NYSE:GNW) by 19.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 507,191 shares of the financial services provider’s stock after buying an additional 82,650 shares during the quarter. Trexquant Investment LP owned 0.12% of Genworth Financial worth $3,545,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in GNW. Byrne Asset Management LLC grew its stake in shares of Genworth Financial by 148.9% in the fourth quarter. Byrne Asset Management LLC now owns 4,480 shares of the financial services provider’s stock worth $31,000 after acquiring an additional 2,680 shares during the last quarter. Jones Financial Companies Lllp bought a new stake in shares of Genworth Financial during the fourth quarter valued at approximately $41,000. Smartleaf Asset Management LLC raised its stake in shares of Genworth Financial by 279.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 10,494 shares of the financial services provider’s stock valued at $73,000 after buying an additional 7,729 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of Genworth Financial by 17.2% during the 4th quarter. GAMMA Investing LLC now owns 10,838 shares of the financial services provider’s stock worth $76,000 after acquiring an additional 1,591 shares during the period. Finally, Truist Financial Corp acquired a new stake in shares of Genworth Financial during the 4th quarter valued at about $105,000. 81.85% of the stock is owned by institutional investors.

Genworth Financial Stock Performance

NYSE GNW opened at $6.49 on Monday. The stock has a market cap of $2.72 billion, a P/E ratio of 9.54 and a beta of 0.95. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.16. Genworth Financial, Inc. has a twelve month low of $5.67 and a twelve month high of $7.90. The company’s 50-day simple moving average is $6.99 and its 200 day simple moving average is $7.06.

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

Genworth Financial 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.