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Profund Advisors LLC Cuts Stake in Genworth Financial Inc (GNW)

Eqis Capital Management, Inc. sold 135,124 shares in the previous quarter decreasing its exposure to Genworth Financial Inc by 4.5%.

Currently Genworth Financial Inc (NYSE:GNW)'s shares owned by insiders are 0.28%, whereas shares owned by institutional owners are 69.8%. Genworth Financial Inc (NYSE:GNW) has risen 3.41% since October 10, 2016 and is uptrending.

Other institutional investors have also modified their holdings of the company. Shelton Capital Management bought a new stake in Genworth Financial in the 2nd quarter worth approximately $140,000. NEXT Financial Group Inc now owns 31,651 shares of the financial services provider's stock worth $119,000 after purchasing an additional 151 shares in the last quarter. Wellington Management Group LLP now owns 292,904 shares of the financial services provider's stock valued at $1,207,000 after acquiring an additional 1,002 shares during the period. Aperio Grp Ltd Liability Corporation stated it has 0.01% of its portfolio in Genworth Financial Inc (NYSE:GNW). Atria Investments LLC lifted its stake in Genworth Financial by 66.2% in the 2nd quarter. Moreover, Lmm Llc has 2.8% invested in the company for 18.31 million shares.

According to analysts Genworth Financial Inc (NYSE:GNW)'s minimum EPS for the current quarter is at $0.2 and can go high up to $0.26. Investors measure stock performance on the basis of a company's earnings power.

Ratings analysis reveals 13% of Genworth Financial's analysts are positive. If you are reading this news story on another website, it was stolen and republished in violation of USA and global trademark and copyright legislation. The original version of this news story can be accessed at https://weekherald.com/2017/10/12/genworth-financial-inc-gnw-shares-sold-by-profund-advisors-llc.html. They now have a United States dollars 1.5 price target on the stock. Out of 8 Wall Street analysts rating Genworth Financial, 1 give it "Buy", 1 "Sell" rating, while 6 recommend "Hold". Genworth Financial had 21 analyst reports since August 5, 2015 according to SRatingsIntel.

09/22/2016 - Wells Fargo began new coverage on Genworth Financial Inc giving the company a "market perform" rating.

08/03/2016 - Genworth Financial Inc had its "neutral" rating reiterated by analysts at Morgan Stanley. You can do this by looking for the average analyst rating on the company's stock.

Tracking other technical indicators, the 14-day RSI is presently standing at 54.85, the 7-day sits at 58.45, and the 3-day is resting at 70.80 for Genworth Financial Inc (GNW). Genworth Financial Inc has a 12 month low of $3.12 and a 12 month high of $5.27.

The stock's 50 day moving average is 3.65 and its 200 day moving average is 3.69. A beta of 1 indicates that the stock price moves with the market.

Among 8 analysts covering Genworth Financial (NYSE:GNW), 1 have Buy rating, 1 Sell and 6 Hold. Analysts forecast earnings per share of $0.20, up exactly $1.01 or 124.69 % from 2014's $-0.81 EPS. The business had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.14 billion. Wms Partners Lc invested 0.01% in Genworth Financial Inc (NYSE:GNW). Its book value per share for the most recent quarter is $26.09 while its price to book ratio for the same period is 0.15, as for as the company's cash per share for the most recent quarter is $5.72, however its price to cash per share ratio for the same period is 0.67. Equities research analysts predict that Genworth Financial Inc will post $1.03 EPS for the current fiscal year. In Australia, the Company offers flow mortgage insurance and provides bulk mortgage insurance. As of December 31, 2011, the Company had more than 15 million customers, with a presence in more than 25 countries. The Firm engages in the sales and lease ownership and specialty retailing of furniture, consumer electronics, home appliances and accessories through its Company-operated and franchised stores in Canada, as well as its e-commerce platform, Aarons.com. If we want to get a sense of GNW's future performance, we have to look at the speed and size of these price movements.



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