XTX Topco Ltd Grows Holdings in Genworth Financial, Inc. (NYSE:GNW)

XTX Topco Ltd grew its stake in shares of Genworth Financial, Inc. (NYSE:GNW) by 9.1% in the fourth quarter, Holdings Channel reports. The firm owned 136,810 shares of the financial services provider’s stock after acquiring an additional 11,372 shares during the period. XTX Topco Ltd’s holdings in Genworth Financial were worth $956,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in GNW. Xponance Inc. boosted its position in Genworth Financial by 9.5% in the 4th quarter. Xponance Inc. now owns 31,032 shares of the financial services provider’s stock valued at $217,000 after buying an additional 2,693 shares during the period. JPMorgan Chase & Co. grew its stake in Genworth Financial by 30.1% in the third quarter. JPMorgan Chase & Co. now owns 1,947,016 shares of the financial services provider’s stock worth $13,337,000 after purchasing an additional 450,329 shares in the last quarter. Barclays PLC increased its holdings in Genworth Financial by 291.2% during the 3rd quarter. Barclays PLC now owns 744,853 shares of the financial services provider’s stock worth $5,103,000 after purchasing an additional 554,462 shares during the period. EMC Capital Management raised its position in Genworth Financial by 1,562.5% during the 4th quarter. EMC Capital Management now owns 37,771 shares of the financial services provider’s stock valued at $264,000 after purchasing an additional 35,499 shares in the last quarter. Finally, New York State Teachers Retirement System lifted its holdings in shares of Genworth Financial by 2.5% in the 4th quarter. New York State Teachers Retirement System now owns 550,940 shares of the financial services provider’s stock worth $3,851,000 after buying an additional 13,633 shares during the period. 81.85% of the stock is currently owned by institutional investors.

Genworth Financial Price Performance

GNW opened at $6.57 on Thursday. The company has a market capitalization of $2.73 billion, a price-to-earnings ratio of 9.66 and a beta of 0.95. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.16. Genworth Financial, Inc. has a 12-month low of $5.77 and a 12-month high of $7.90. The business’s fifty day simple moving average is $6.82 and its 200-day simple moving average is $7.03.

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 analysts’ consensus estimates of $0.18 by ($0.14). Genworth Financial had a net margin of 4.10% and a return on equity of 2.96%. The business had revenue of $1.82 billion for the quarter. During the same quarter last year, the business earned ($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.