Oxford Asset Management Has $32960000 Position in Genworth Financial Inc (GNW)

Gladys Abbott
June 12, 2017

Genworth Financial, Inc. (NYSE:GNW) share price increased in the last trading session with a previous 52-week high of $5.27.

Currently Genworth Financial Inc (NYSE:GNW)'s shares owned by insiders are 0.1%, whereas shares owned by institutional owners are 69.1%. Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of Genworth Financial by 20.9% in the third quarter. Commerzbank Aktiengesellschaft FI now owns 38,774 shares of the financial services provider's stock valued at $148,000 after buying an additional 6,657 shares in the last quarter. Waratah Capital Advisors Ltd. bought a new position in shares of Genworth Financial during the fourth quarter worth about $112,000. Finally, Commerzbank Aktiengesellschaft FI increased its stake in shares of Genworth Financial by 20.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 12,717,442 shares of the financial services provider's stock valued at $48,456,000 after buying an additional 3,328,178 shares in the last quarter. Russell Investments Group Ltd. purchased a new stake in shares of Genworth Financial during the fourth quarter worth about $2,959,000. (GNW) have 498.60 million outstanding shares now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Genworth Financial Inc (NYSE:GNW) stock reached a 1-year peak price of $98.66. A total volume of 5.35 million shares were traded versus to average volume of 5.41 million shares. The stock sank -1.52% last month and is down -17.82 this year. The company has its outstanding shares of 1.02 billion.

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Compass Point "Upgrades" Genworth Financial Inc (NYSE:GNW) in a research note issued to investors on 11/11/16 to Buy with price target of $0. The firm had revenue of $2.14 billion for the quarter, compared to analyst estimates of $2.15 billion.

On the other hand the company has Relative Strength Index (RSI 14) of 46.09 along with Average True Range (ATR 14) of 0.11, Consequently Genworth Financial Inc (NYSE:GNW)'s weekly and monthly volatility is 3.32%, 2.90% respectively. On average, analysts expect that Genworth Financial will post $0.96 EPS for the current fiscal year.

COPYRIGHT VIOLATION WARNING: This news story was first published by Markets Daily and is the property of of Markets Daily. If you are accessing this piece of content on another website, it was copied illegally and reposted in violation of global copyright & trademark laws. The legal version of this news story can be viewed at https://www.themarketsdaily.com/2017/06/11/genworth-financial-gnw-receiving-somewhat-favorable-press-coverage-study-shows-updated-updated-updated.html. (GNW) were valued at $3.63 and moved 1.40% as of a recent closing trade. Zacks Investment Research downgraded Genworth Financial from a "hold" rating to a "strong sell" rating in a research note on Tuesday, March 7th. Finally, ValuEngine raised Genworth Financial from a "strong sell" rating to a "sell" rating in a report on Friday, June 2nd. Wells Fargo & Co restated a "hold" rating on shares of Genworth Financial in a research note on Tuesday, May 2nd. The firm has "Neutral" rating given on Wednesday, August 5 by Macquarie Research. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company. According to Thomson Reuters, sell-side analysts are forecasting a harmony target price of $8.38 on company shares.

The Return on Investment (ROI) ratio of Genworth Financial, Inc. The Company provides insurance, wealth management, investment and financial solutions. Its book value per share for the most recent quarter is $25.7 while its price to book ratio for the same period is 0.14, as for as the company's cash per share for the most recent quarter is $6.05, however its price to cash per share ratio for the same period is 0.6. Its segments include U.S. Mortgage Insurance, Canada Mortgage Insurance, Australia Mortgage Insurance, U.S. Life Insurance, Runoff, and Corporate and Other.

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