Economy

Genworth Financial (GNW) Earns Daily Coverage Optimism Rating of 0.28

Genworth Financial had 21 analyst reports since August 5, 2015 according to SRatingsIntel.

Large investors have recently made changes to their positions in the company. Victory Capital Management Inc. acquired a new position in Genworth Financial during the third quarter worth approximately $29,761,000. The average investment rating for (GNW) on a scale of 1 to 5 (1 being a strong sell and 5 being a strong buy) is a 3.50 or a Hold. Barrow Hanley Mewhinney & Strauss LLC raised its position in Genworth Financial by 36.2% in the fourth quarter. Quinn Opportunity Partners LLC now owns 571,506 shares of the financial services provider's stock valued at $2,155,000 after buying an additional 135,000 shares in the last quarter. Oppenheimer & Co. Inc. increased its position in shares of Genworth Financial by 16.3% in the 2nd quarter.

From another technical standpoint, Genworth Financial, Inc. Accern also assigned media headlines about the financial services provider an impact score of 46.3230352062772 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term. Finally, OMERS ADMINISTRATION Corp increased its position in shares of Genworth Financial by 1.6% in the 2nd quarter. Dimensional Fund Advsr Lp invested in 12.72M shares or 0.02% of the stock.

Genworth Financial (GNW) traded down 0.25% during mid-day trading on Monday, hitting $3.99. That makes it 1.69 less volatile than the broad market. Genworth Financial Inc has a 52-week low of $1.98 and a 52-week high of $5.27. The 50 day moving average was up $0.46 whereas the 200 day average was up by +7.17%. The value of the total investment in Genworth Financial Inc went from $354,000 to $324,000 decreasing 8.5% quarter over quarter.

Analysts expect (GNW) to generate earnings per share of $0.99 in 2017. Solus Alternative Asset Management Lp who had been investing in Genworth Finl Inc for a number of months, seems to be less bullish one the $2.01 billion market cap company. Past 5 years growth of Genworth Financial Inc (NYSE:GNW) observed at -1.01%, looking forward for the next 5 years it has a strong prediction of 5% over growth. This works out to a decrease of -257.14 % compared to last year's earnings. During the same period in the previous year, the firm posted $0.39 earnings per share. On average, equities analysts forecast that Genworth Financial Inc will post $1.03 earnings per share for the current fiscal year. Credit Agricole S A has invested 0% of its portfolio in Genworth Financial Inc (NYSE:GNW). If you are accessing this report on another website, it was stolen and reposted in violation of US and global trademark & copyright legislation. The correct version of this report can be viewed at https://stocknewstimes.com/2017/09/19/genworth-financial-inc-gnw-position-increased-by-aberdeen-asset-management-plc-uk.html. It is negative, as 40 investors sold GNW shares while 88 reduced holdings. As per Tuesday, August 1, the company rating was maintained by Wells Fargo. BidaskClub upgraded Genworth Financial from a sell rating to a hold rating in a research report on Saturday, July 1st. The value of the investment in Genworth Financial Inc decreased from $726,000 to $502,000 a change of $224,000 quarter to quarter. Wall Street analysts covering the stock are projecting that the stock will reach $3.88 within the next 52-weeks. One research analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company's stock. The company has an average rating of Hold and an average target price of $4.27.

Examining Institutional Ownership at Genworth Financial, Inc. As of December 31, 2011, the Company had more than 15 million customers, with a presence in more than 25 countries. 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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