Genworth Financial (GNW) Shares Down 0%
Genworth Financial Inc (NYSE:GNW)’s share price traded down 0% during trading on Friday . The stock traded as low as $2.78 and last traded at $2.78. 2,787,716 shares traded hands during trading, a decline of 39% from the average session volume of 4,564,113 shares. The stock had previously closed at $2.78.
Several equities analysts recently commented on the company. TheStreet upgraded Genworth Financial from a “d+” rating to a “c” rating in a research report on Wednesday. Zacks Investment Research upgraded Genworth Financial from a “hold” rating to a “buy” rating and set a $3.50 target price for the company in a research report on Wednesday, January 10th. Wells Fargo & Co restated a “hold” rating on shares of Genworth Financial in a research report on Wednesday, November 29th. BTIG Research restated a “hold” rating on shares of Genworth Financial in a research report on Thursday. Finally, ValuEngine cut Genworth Financial from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $3.75.
The company has a debt-to-equity ratio of 0.28, a current ratio of 1.24 and a quick ratio of 0.28. The company has a market cap of $1,370.00, a PE ratio of 1.67, a P/E/G ratio of 0.62 and a beta of 2.58.
Several institutional investors and hedge funds have recently bought and sold shares of GNW. Webster Bank N. A. purchased a new position in shares of Genworth Financial in the 4th quarter worth about $110,000. Shelton Capital Management purchased a new position in shares of Genworth Financial in the 2nd quarter worth about $140,000. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Genworth Financial by 52.1% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 55,077 shares of the financial services provider’s stock worth $171,000 after purchasing an additional 18,868 shares in the last quarter. Fondren Management LP purchased a new position in shares of Genworth Financial in the 2nd quarter worth about $189,000. Finally, Commonwealth Equity Services Inc boosted its holdings in shares of Genworth Financial by 54.2% in the 3rd quarter. Commonwealth Equity Services Inc now owns 73,215 shares of the financial services provider’s stock worth $281,000 after purchasing an additional 25,746 shares in the last quarter. Hedge funds and other institutional investors own 66.66% of the company’s stock.
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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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