Gargoyle Investment Advisor L.L.C. held its position in shares of Genworth Financial Inc (NYSE:GNW) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 26,526 shares of the financial services provider’s stock at the end of the second quarter. Gargoyle Investment Advisor L.L.C.’s holdings in Genworth Financial were worth $100,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the company. ClariVest Asset Management LLC raised its position in shares of Genworth Financial by 28.2% in the second quarter. ClariVest Asset Management LLC now owns 772,100 shares of the financial services provider’s stock worth $2,910,000 after buying an additional 170,000 shares during the last quarter. Sigma Planning Corp boosted its stake in shares of Genworth Financial by 6.1% in the second quarter. Sigma Planning Corp now owns 52,412 shares of the financial services provider’s stock valued at $198,000 after buying an additional 3,000 shares during the period. Rhumbline Advisers boosted its stake in shares of Genworth Financial by 0.4% in the second quarter. Rhumbline Advisers now owns 1,080,701 shares of the financial services provider’s stock valued at $4,074,000 after buying an additional 4,482 shares during the period. Teacher Retirement System of Texas boosted its stake in shares of Genworth Financial by 1.1% in the second quarter. Teacher Retirement System of Texas now owns 40,020 shares of the financial services provider’s stock valued at $151,000 after buying an additional 418 shares during the period. Finally, Crescent Grove Advisors LLC acquired a new stake in shares of Genworth Financial during the second quarter valued at approximately $3,214,000. 66.17% of the stock is owned by hedge funds and other institutional investors.

Shares of Genworth Financial Inc (GNW) opened at 3.48 on Wednesday. Genworth Financial Inc has a 12 month low of $3.22 and a 12 month high of $5.27. The firm’s 50-day moving average is $3.52 and its 200 day moving average is $3.75. The company’s market capitalization is $1.74 billion.

Genworth Financial (NYSE:GNW) last issued its quarterly earnings data on Tuesday, August 1st. The financial services provider reported $0.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.08. The firm had revenue of $2.22 billion during the quarter, compared to analysts’ expectations of $2.14 billion. Genworth Financial had a negative net margin of 1.66% and a negative return on equity of 1.63%. The business’s revenue was down .6% on a year-over-year basis. During the same period last year, the company earned $0.39 earnings per share. Equities research analysts predict that Genworth Financial Inc will post $1.02 EPS for the current year.

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Several equities research analysts have commented on the stock. BTIG Research reissued a “neutral” rating on shares of Genworth Financial in a research report on Wednesday, April 19th. Zacks Investment Research raised shares of Genworth Financial from a “hold” rating to a “buy” rating and set a $4.25 price target on the stock in a research report on Thursday, May 4th. BidaskClub raised shares of Genworth Financial from a “sell” rating to a “hold” rating in a research report on Tuesday, June 13th. ValuEngine raised shares of Genworth Financial from a “sell” rating to a “hold” rating in a research report on Tuesday, June 27th. Finally, Wells Fargo & Company reissued a “hold” rating on shares of Genworth Financial in a research report on Tuesday, May 2nd. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the company’s stock. Genworth Financial has an average rating of “Hold” and a consensus target price of $4.17.

About Genworth Financial

Genworth Financial, Inc (Genworth) is a financial security company. The Company provides insurance, wealth management, investment and financial solutions. As of December 31, 2011, the Company had more than 15 million customers, with a presence in more than 25 countries. The Company operates in Insurance, Mortgage Insurance and Corporate and Runoff.

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Institutional Ownership by Quarter for Genworth Financial (NYSE:GNW)

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