Genworth Financial, Inc. $GNW Shares Acquired by American Century Companies Inc.

American Century Companies Inc. lifted its position in shares of Genworth Financial, Inc. (NYSE:GNW - Free Report) by 10.0% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 8,863,036 shares of the financial services provider's stock after purchasing an additional 806,502 shares during the quarter. American Century Companies Inc. owned about 2.16% of Genworth Financial worth $68,954,000 as of its most recent filing with the SEC.

• Genworth Financial Stock is Retracing Fine

Several other hedge funds have also recently bought and sold shares of GNW. Blueshift Asset Management LLC purchased a new stake in Genworth Financial during the first quarter worth approximately $71,000. Haven Private LLC acquired a new position in shares of Genworth Financial during the 2nd quarter valued at $88,000. Strs Ohio purchased a new stake in Genworth Financial during the 1st quarter worth $82,000. GAMMA Investing LLC increased its holdings in Genworth Financial by 29.5% in the 2nd quarter. GAMMA Investing LLC now owns 11,770 shares of the financial services provider's stock valued at $92,000 after purchasing an additional 2,679 shares in the last quarter. Finally, CWM LLC increased its holdings in Genworth Financial by 113.6% in the 2nd quarter. CWM LLC now owns 12,788 shares of the financial services provider's stock valued at $99,000 after purchasing an additional 6,800 shares in the last quarter. Hedge funds and other institutional investors own 81.85% of the company's stock.

Genworth Financial Stock Down 0.4%

Shares of NYSE:GNW opened at $8.73 on Thursday. The stock has a market capitalization of $3.49 billion, a price-to-earnings ratio of 16.48 and a beta of 1.05. Genworth Financial, Inc. has a 1-year low of $5.99 and a 1-year high of $9.15. The company's fifty day moving average is $8.66 and its two-hundred day moving average is $8.08. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.29 and a current ratio of 0.29.

• Forgotten Genworth Financial Stock is Ready to Unlock Value

Genworth Financial (NYSE:GNW - Get Free Report) last posted its quarterly earnings results on Wednesday, November 5th. The financial services provider reported $0.04 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.02). Genworth Financial had a net margin of 3.01% and a return on equity of 1.56%. The business had revenue of $1.04 billion during the quarter.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on GNW. Wall Street Zen raised Genworth Financial from a "sell" rating to a "hold" rating in a research report on Saturday, November 15th. Keefe, Bruyette & Woods upped their price target on Genworth Financial from $9.50 to $10.00 and gave the stock an "outperform" rating in a report on Thursday, October 9th. Finally, Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Genworth Financial in a research report on Monday. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Genworth Financial presently has an average rating of "Buy" and a consensus price target of $10.00.

Read Our Latest Stock Report on Genworth Financial

Genworth Financial Profile

Genworth Financial, Inc, together with its subsidiaries, provides mortgage and long-term care insurance products in the United States and internationally. It operates in three segments: Enact, Long-Term Care Insurance, and Life and Annuities. The Enact segment offers private mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans; and pool mortgage insurance products.

Featured Articles

• Five stocks we like better than Genworth Financial
• Options Trading - Understanding Strike Price
• Why Gold Loves Trump as Much as Trump Loves Gold
• Should You Add These Warren Buffett Stocks to Your Portfolio?
• Google's Gemini 3 Sends Broadcom Soaring: TPUs Take Center Stage
• ESG Stocks, What Investors Should Know
• Palantir Isn’t Just Riding the AI Boom—It’s Orchestrating It

Want to see what other hedge funds are holding GNW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Genworth Financial, Inc. (NYSE:GNW - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Genworth Financial Right Now?

Before you consider Genworth Financial, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Genworth Financial wasn't on the list.

While Genworth Financial currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here