Genworth Financial Inc (NYSE:GNW) fell 6.4% on Thursday . The company traded as low as $4.17 and last traded at $4.26. 8,436,205 shares were traded during mid-day trading, an increase of 128% from the average session volume of 3,703,001 shares. The stock had previously closed at $4.55.

A number of research firms recently weighed in on GNW. Zacks Investment Research restated a “buy” rating and issued a $4.75 target price on shares of Genworth Financial in a report on Tuesday, November 13th. ValuEngine lowered shares of Genworth Financial from a “sell” rating to a “strong sell” rating in a report on Thursday, November 1st. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $4.88.

The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $2.13 billion, a PE ratio of 3.12 and a beta of 2.01.

Genworth Financial (NYSE:GNW) last issued its quarterly earnings data on Wednesday, October 31st. The financial services provider reported $0.29 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.26 by $0.03. Genworth Financial had a net margin of 9.89% and a return on equity of 5.35%. The business had revenue of $2.13 billion during the quarter, compared to the consensus estimate of $2.15 billion. During the same period in the prior year, the firm posted $0.15 EPS. The firm’s quarterly revenue was up .0% compared to the same quarter last year. Equities analysts predict that Genworth Financial Inc will post 1.17 EPS for the current year.

Hedge funds have recently modified their holdings of the business. Advisors Preferred LLC bought a new stake in Genworth Financial in the 2nd quarter worth about $132,000. Laurion Capital Management LP bought a new stake in Genworth Financial in the 2nd quarter worth about $154,000. Millennium Management LLC bought a new stake in Genworth Financial in the 1st quarter worth about $111,000. Mint Tower Capital Management B.V. bought a new stake in Genworth Financial in the 2nd quarter worth about $180,000. Finally, Kentucky Retirement Systems bought a new stake in Genworth Financial in the 3rd quarter worth about $634,000. 64.09% of the stock is owned by institutional investors and hedge funds.

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Genworth Financial Company Profile (NYSE:GNW)

Genworth Financial, Inc provides insurance and homeownership solutions in the United States and internationally. It operates through five segments: U.S. Mortgage Insurance, Canada Mortgage Insurance, Australia Mortgage Insurance, U.S. Life Insurance, and Runoff. The U.S. Mortgage Insurance segment offers mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans.

Read More: Diversification

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