California State Teachers Retirement System trimmed its holdings in Genworth Financial Inc (NYSE:GNW) by 4.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 855,354 shares of the financial services provider’s stock after selling 35,683 shares during the period. California State Teachers Retirement System’s holdings in Genworth Financial were worth $3,293,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Comerica Bank lifted its stake in Genworth Financial by 0.6% during the second quarter. Comerica Bank now owns 399,185 shares of the financial services provider’s stock worth $1,365,000 after purchasing an additional 2,511 shares in the last quarter. Principal Financial Group Inc. lifted its stake in Genworth Financial by 3.6% during the second quarter. Principal Financial Group Inc. now owns 2,102,128 shares of the financial services provider’s stock worth $7,925,000 after purchasing an additional 73,592 shares in the last quarter. Oppenheimer & Co. Inc. lifted its stake in Genworth Financial by 16.3% during the second quarter. Oppenheimer & Co. Inc. now owns 72,926 shares of the financial services provider’s stock worth $275,000 after purchasing an additional 10,200 shares in the last quarter. Systematic Financial Management LP lifted its stake in Genworth Financial by 13.1% during the second quarter. Systematic Financial Management LP now owns 455,450 shares of the financial services provider’s stock worth $1,717,000 after purchasing an additional 52,665 shares in the last quarter. Finally, Aberdeen Asset Management PLC UK lifted its stake in Genworth Financial by 94.1% during the second quarter. Aberdeen Asset Management PLC UK now owns 473,569 shares of the financial services provider’s stock worth $1,785,000 after purchasing an additional 229,585 shares in the last quarter. Institutional investors own 66.70% of the company’s stock.

A number of research analysts have commented on GNW shares. ValuEngine upgraded Genworth Financial from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Zacks Investment Research upgraded Genworth Financial from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 2nd. Wells Fargo & Co restated a “hold” rating on shares of Genworth Financial in a research note on Wednesday, November 29th. Keefe, Bruyette & Woods restated a “hold” rating and set a $4.00 price target on shares of Genworth Financial in a research note on Tuesday, October 3rd. Finally, BTIG Research restated a “neutral” rating on shares of Genworth Financial in a research note on Saturday, September 16th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $3.92.

Shares of Genworth Financial Inc (NYSE:GNW) opened at $3.12 on Wednesday. The stock has a market capitalization of $1,560.00, a price-to-earnings ratio of 4.39, a PEG ratio of 0.76 and a beta of 2.81. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.28. Genworth Financial Inc has a 52 week low of $3.01 and a 52 week high of $4.23.

Genworth Financial (NYSE:GNW) last announced its quarterly earnings data on Thursday, November 2nd. The financial services provider reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.05). The company had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.12 billion. Genworth Financial had a net margin of 3.88% and a return on equity of 1.57%. The firm’s revenue was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.81) earnings per share. analysts anticipate that Genworth Financial Inc will post 0.94 EPS for the current year.

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About Genworth Financial

Genworth Financial, Inc (Genworth) is a financial security company. The Company provides insurance, wealth management, investment and financial solutions. As of December 31, 2011, the Company had more than 15 million customers, with a presence in more than 25 countries. The Company operates in Insurance, Mortgage Insurance and Corporate and Runoff.

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Institutional Ownership by Quarter for Genworth Financial (NYSE:GNW)

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