Thompson Siegel & Walmsley LLC Has $783,000 Stock Position in Genworth Financial, Inc. (NYSE:GNW)

Thompson Siegel & Walmsley LLC lessened its holdings in shares of Genworth Financial, Inc. (NYSE:GNW) by 88.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 114,339 shares of the financial services provider’s stock after selling 848,721 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Genworth Financial were worth $783,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Donald Smith & CO. Inc. lifted 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 worth $171,355,000 after buying an additional 901,485 shares during the period. River Road Asset Management LLC lifted its stake in shares of Genworth Financial by 0.8% in the third quarter. River Road Asset Management LLC now owns 17,391,968 shares of the financial services provider’s stock worth $119,135,000 after acquiring an additional 131,634 shares during the period. American Century Companies Inc. boosted its holdings in Genworth Financial by 9.1% in the second quarter. American Century Companies Inc. now owns 7,054,069 shares of the financial services provider’s stock valued at $42,607,000 after acquiring an additional 590,496 shares during the last quarter. Assenagon Asset Management S.A. increased its position in Genworth Financial by 8.8% during the 3rd quarter. Assenagon Asset Management S.A. now owns 4,605,054 shares of the financial services provider’s stock valued at $31,545,000 after purchasing an additional 371,513 shares during the period. Finally, D. E. Shaw & Co. Inc. raised 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 worth $24,478,000 after purchasing an additional 1,958,632 shares during the last quarter. Institutional investors own 81.85% of the company’s stock.

Genworth Financial Stock Up 1.9 %

Shares of NYSE:GNW opened at $7.77 on Friday. The business’s 50-day moving average is $6.98 and its 200-day moving average is $6.62. Genworth Financial, Inc. has a 1 year low of $5.67 and a 1 year high of $7.77. The company has a market capitalization of $3.32 billion, a price-to-earnings ratio of 36.98 and a beta of 0.95. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.29 and a quick ratio of 0.29.

Analyst Ratings Changes

Separately, StockNews.com cut shares of Genworth Financial from a “buy” rating to a “hold” rating in a research report on Wednesday.

Insider Buying and Selling at Genworth Financial

In other Genworth Financial news, CEO Thomas J. Mcinerney sold 150,000 shares of the firm’s stock in a transaction on Monday, August 26th. The shares were sold at an average price of $6.88, for a total value of $1,032,000.00. Following the completion of the sale, the chief executive officer now directly owns 4,532,954 shares in the company, valued at approximately $31,186,723.52. This trade represents a 3.20 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 1.80% of the company’s stock.

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.