Genworth Financial (NYSE:GNW) Upgraded to Hold at ValuEngine
Several other brokerages also recently commented on GNW. BTIG Research reaffirmed a hold rating on shares of Genworth Financial in a research note on Tuesday, July 2nd. Zacks Investment Research downgraded shares of GasLog Partners LP Unit from a hold rating to a strong sell rating in a research note on Tuesday, April 2nd.
Shares of NYSE:GNW opened at $3.96 on Tuesday. Genworth Financial has a 52 week low of $2.89 and a 52 week high of $5.02. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.27 and a quick ratio of 0.27. The company has a market capitalization of $1.96 billion, a P/E ratio of 11.00 and a beta of 1.78. The firm has a 50 day moving average price of $3.39.
A number of large investors have recently modified their holdings of GNW. Cleararc Capital Inc. bought a new stake in shares of Genworth Financial during the first quarter worth $49,000. Coldstream Capital Management Inc. bought a new stake in shares of Genworth Financial during the fourth quarter worth $50,000. Heritage Wealth Advisors increased its position in shares of Genworth Financial by 61.0% during the first quarter. Heritage Wealth Advisors now owns 13,201 shares of the financial services provider’s stock worth $51,000 after acquiring an additional 5,000 shares in the last quarter. Park National Corp OH increased its position in shares of Genworth Financial by 25.0% during the first quarter. Park National Corp OH now owns 15,000 shares of the financial services provider’s stock worth $57,000 after acquiring an additional 3,000 shares in the last quarter. Finally, One68 Global Capital LLC bought a new stake in shares of Genworth Financial during the first quarter worth $77,000. 65.80% of the stock is owned by hedge funds and other institutional investors.
About Genworth Financial
Genworth Financial, Inc provides insurance and homeownership solutions in the United States and internationally. It operates through five segments: U.S. Mortgage Insurance, Canada Mortgage Insurance, Australia Mortgage Insurance, U.S. Life Insurance, and Runoff. The U.S. Mortgage Insurance segment offers mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans.
Further Reading: Buy Rating
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