Gateway Investment Advisers LLC held its stake in shares of Genworth Financial Inc (NYSE:GNW) during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 65,958 shares of the financial services provider’s stock at the end of the second quarter. Gateway Investment Advisers LLC’s holdings in Genworth Financial were worth $249,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Oppenheimer & Co. Inc. raised its position in Genworth Financial by 17.8% in the first quarter. Oppenheimer & Co. Inc. now owns 62,726 shares of the financial services provider’s stock valued at $258,000 after buying an additional 9,495 shares during the period. Creative Planning raised its position in Genworth Financial by 16.5% in the first quarter. Creative Planning now owns 98,750 shares of the financial services provider’s stock valued at $407,000 after buying an additional 13,977 shares during the period. Atria Investments LLC raised its position in Genworth Financial by 99.1% in the first quarter. Atria Investments LLC now owns 25,336 shares of the financial services provider’s stock valued at $104,000 after buying an additional 12,612 shares during the period. Norges Bank bought a new position in shares of Genworth Financial during the fourth quarter valued at $18,730,000. Finally, Sigma Planning Corp increased its position in shares of Genworth Financial by 8.8% in the first quarter. Sigma Planning Corp now owns 49,412 shares of the financial services provider’s stock valued at $204,000 after buying an additional 4,000 shares during the period. 66.96% of the stock is currently owned by institutional investors and hedge funds.

Shares of Genworth Financial Inc (GNW) traded up 4.68% on Monday, reaching $3.58. The company had a trading volume of 7,341,492 shares. Genworth Financial Inc has a 52-week low of $3.22 and a 52-week high of $5.27. The company has a 50-day moving average price of $3.58 and a 200-day moving average price of $3.77. The firm’s market capitalization is $1.79 billion.

Genworth Financial (NYSE:GNW) last posted its quarterly earnings results on Tuesday, August 1st. The financial services provider reported $0.30 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.22 by $0.08. The business had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.14 billion. Genworth Financial had a negative net margin of 1.66% and a negative return on equity of 1.63%. The firm’s revenue for the quarter was down .6% on a year-over-year basis. During the same quarter last year, the business posted $0.39 EPS. Equities research analysts forecast that Genworth Financial Inc will post $1.02 EPS for the current fiscal year.

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Several research analysts have weighed in on the company. BidaskClub upgraded Genworth Financial from a “sell” rating to a “hold” rating in a research note on Saturday, July 1st. ValuEngine upgraded Genworth Financial from a “sell” rating to a “hold” rating in a research note on Tuesday, June 27th. Wells Fargo & Company reissued a “hold” rating on shares of Genworth Financial in a report on Tuesday, May 2nd. Zacks Investment Research lowered Genworth Financial from a “buy” rating to a “hold” rating in a research note on Tuesday, July 4th. Finally, BTIG Research reiterated a “neutral” rating on shares of Genworth Financial in a research note on Wednesday, April 19th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $4.17.

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.

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

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