BNP Paribas Financial Markets Purchases 94,130 Shares of Genworth Financial, Inc. (NYSE:GNW)

BNP Paribas Financial Markets boosted its position in shares of Genworth Financial, Inc. (NYSE:GNW) by 89.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 199,290 shares of the financial services provider’s stock after acquiring an additional 94,130 shares during the period. BNP Paribas Financial Markets’ holdings in Genworth Financial were worth $1,365,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Assenagon Asset Management S.A. grew its holdings in Genworth Financial by 138.3% during the 2nd quarter. Assenagon Asset Management S.A. now owns 4,233,541 shares of the financial services provider’s stock valued at $25,571,000 after buying an additional 2,456,816 shares in the last quarter. D. E. Shaw & Co. Inc. grew its holdings in Genworth Financial by 93.5% during 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 grew its holdings 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 valued at $10,752,000 after buying an additional 1,729,167 shares in the last quarter. Millennium Management LLC grew its holdings in Genworth Financial by 51.5% during the 2nd quarter. Millennium Management LLC now owns 2,778,921 shares of the financial services provider’s stock valued at $16,785,000 after buying an additional 944,677 shares in the last quarter. Finally, Donald Smith & CO. Inc. grew its holdings in 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 buying an additional 901,485 shares in the last quarter. Institutional investors own 81.85% of the company’s stock.

Genworth Financial Trading Down 0.7 %

GNW stock opened at $7.50 on Monday. The firm has a fifty day moving average price of $7.18 and a 200 day moving average price of $6.71. Genworth Financial, Inc. has a fifty-two week low of $5.67 and a fifty-two week high of $7.90. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.29 and a current ratio of 0.29. The firm has a market cap of $3.20 billion, a PE ratio of 35.71 and a beta of 0.99.

Analyst Ratings Changes

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

About Genworth Financial

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.