Yousif Capital Management LLC Sells 2,385 Shares of Genworth Financial, Inc. (NYSE:GNW)

Yousif Capital Management LLC decreased its position in Genworth Financial, Inc. (NYSE:GNW) by 1.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 180,428 shares of the financial services provider’s stock after selling 2,385 shares during the period. Yousif Capital Management LLC’s holdings in Genworth Financial were worth $1,261,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. Repertoire Partners LP purchased a new stake in shares of Genworth Financial during the third quarter valued at approximately $6,850,000. Whitefort Capital Management LP grew its stake in Genworth Financial by 49.6% in the 3rd quarter. Whitefort Capital Management LP now owns 2,986,960 shares of the financial services provider’s stock valued at $20,461,000 after purchasing an additional 990,000 shares during the period. Donald Smith & CO. Inc. increased its position in shares of Genworth Financial by 3.7% during the 3rd quarter. Donald Smith & CO. Inc. now owns 25,015,294 shares of the financial services provider’s stock valued at $171,355,000 after purchasing an additional 901,485 shares during the last quarter. FMR LLC raised its stake in shares of Genworth Financial by 18.7% during the 3rd quarter. FMR LLC now owns 5,675,896 shares of the financial services provider’s stock worth $38,880,000 after purchasing an additional 894,053 shares during the period. Finally, Verition Fund Management LLC grew its position in Genworth Financial by 900.7% during the third quarter. Verition Fund Management LLC now owns 970,185 shares of the financial services provider’s stock valued at $6,646,000 after buying an additional 873,237 shares during the period. Institutional investors own 81.85% of the company’s stock.

Analyst Ratings Changes

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

Genworth Financial Stock Performance

NYSE:GNW opened at $7.27 on Friday. The company has a market capitalization of $3.10 billion, a P/E ratio of 34.62 and a beta of 1.00. The business has a fifty day simple moving average of $7.13 and a two-hundred day simple moving average of $7.01. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.29 and a quick ratio of 0.29. Genworth Financial, Inc. has a 1 year low of $5.67 and a 1 year high of $7.90.

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.