Dynamic Technology Lab Private Ltd Has $214,000 Stock Holdings in Genworth Financial, Inc. (NYSE:GNW)

Dynamic Technology Lab Private Ltd lowered its stake in Genworth Financial, Inc. (NYSE:GNW) by 76.1% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 31,233 shares of the financial services provider’s stock after selling 99,382 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in Genworth Financial were worth $214,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Assenagon Asset Management S.A. increased its stake in shares of Genworth Financial by 138.3% during the second quarter. Assenagon Asset Management S.A. now owns 4,233,541 shares of the financial services provider’s stock worth $25,571,000 after purchasing an additional 2,456,816 shares during the period. D. E. Shaw & Co. Inc. grew its holdings in Genworth Financial by 93.5% in the 2nd quarter. D. E. Shaw & Co. Inc. now owns 4,052,621 shares of the financial services provider’s stock valued at $24,478,000 after buying an additional 1,958,632 shares in the last quarter. Cubist Systematic Strategies LLC increased its position in Genworth Financial by 3,395.1% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 1,780,098 shares of the financial services provider’s stock worth $10,752,000 after buying an additional 1,729,167 shares during the period. Millennium Management LLC lifted its holdings in shares of Genworth Financial by 51.5% during the second quarter. Millennium Management LLC now owns 2,778,921 shares of the financial services provider’s stock worth $16,785,000 after buying an additional 944,677 shares in the last quarter. Finally, Donald Smith & CO. Inc. boosted its position in shares of Genworth Financial by 3.7% in the third quarter. Donald Smith & CO. Inc. now owns 25,015,294 shares of the financial services provider’s stock valued at $171,355,000 after acquiring an additional 901,485 shares during the period. 81.85% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com cut shares of Genworth Financial from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th.

Genworth Financial Stock Performance

GNW opened at $7.76 on Tuesday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.29 and a current ratio of 0.29. Genworth Financial, Inc. has a 52-week low of $5.67 and a 52-week high of $7.90. The firm has a market cap of $3.31 billion, a P/E ratio of 36.95 and a beta of 0.95. The business’s fifty day moving average is $7.11 and its 200-day moving average is $6.68.

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.