Mutual of America Capital Management LLC Has $276,000 Holdings in Genworth Financial, Inc. (NYSE:GNW)

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Mutual of America Capital Management LLC grew its stake in Genworth Financial, Inc. (NYSE:GNWGet Rating) by 5.5% in the 1st quarter, Holdings Channel reports. The institutional investor owned 73,114 shares of the financial services provider’s stock after buying an additional 3,792 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Genworth Financial were worth $276,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Byrne Asset Management LLC acquired a new position in Genworth Financial during the fourth quarter worth $38,000. Modera Wealth Management LLC bought a new stake in Genworth Financial during the fourth quarter worth $47,000. Advisor Partners LLC bought a new stake in Genworth Financial during the fourth quarter worth $69,000. Counterpoint Mutual Funds LLC raised its position in Genworth Financial by 164.5% during the first quarter. Counterpoint Mutual Funds LLC now owns 17,498 shares of the financial services provider’s stock worth $66,000 after acquiring an additional 10,882 shares in the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC raised its position in Genworth Financial by 256.2% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 18,730 shares of the financial services provider’s stock worth $76,000 after acquiring an additional 13,471 shares in the last quarter. Institutional investors and hedge funds own 70.67% of the company’s stock.

Insiders Place Their Bets

In other Genworth Financial news, CEO Thomas J. Mcinerney sold 100,000 shares of the company’s stock in a transaction on Tuesday, May 24th. The shares were sold at an average price of $3.95, for a total transaction of $395,000.00. Following the sale, the chief executive officer now directly owns 3,939,625 shares of the company’s stock, valued at $15,561,518.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.99% of the company’s stock.

Genworth Financial Stock Performance

NYSE GNW opened at $4.16 on Tuesday. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.12. The firm’s fifty day moving average price is $3.85 and its two-hundred day moving average price is $3.89. Genworth Financial, Inc. has a 1 year low of $3.28 and a 1 year high of $4.61. The firm has a market capitalization of $2.12 billion, a P/E ratio of 2.46 and a beta of 0.97.

Genworth Financial (NYSE:GNWGet Rating) last posted its quarterly earnings results on Tuesday, May 3rd. The financial services provider reported $0.25 earnings per share (EPS) for the quarter. Genworth Financial had a net margin of 11.19% and a return on equity of 4.65%. The firm had revenue of $1.86 billion for the quarter.

Genworth Financial Profile

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Genworth Financial, Inc provides insurance products in the United States and internationally. The company operates in three segments: Enact, U.S. Life Insurance, and Runoff. The Enact segment offers mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans; and pool mortgage insurance products.

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