An issue of Genworth Financial Inc (NYSE:GNW) bonds fell 0.9% as a percentage of their face value during trading on Friday. The high-yield issue of debt has a 7.7% coupon and is set to mature on June 15, 2020. The debt is now trading at $98.38 and was trading at $100.25 one week ago. Price changes in a company’s bonds in credit markets sometimes predict parallel changes in its share price.

Several equities research analysts have recently weighed in on GNW shares. Zacks Investment Research raised Genworth Financial from a “hold” rating to a “buy” rating and set a $4.25 target price on the stock in a research report on Thursday, May 4th. Wells Fargo & Company reissued a “hold” rating on shares of Genworth Financial in a research report on Tuesday, August 1st. BidaskClub raised Genworth Financial from a “sell” rating to a “hold” rating in a research report on Tuesday, June 13th. Finally, ValuEngine raised Genworth Financial from a “sell” rating to a “hold” rating in a research report on Tuesday, June 27th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $4.17.

Genworth Financial Inc (NYSE:GNW) opened at 3.42 on Friday. The firm’s market cap is $1.71 billion. Genworth Financial Inc has a 52-week low of $3.23 and a 52-week high of $5.27. The firm’s 50-day moving average price is $3.46 and its 200 day moving average price is $3.75. Genworth Financial also saw some unusual options trading activity on Thursday. Traders purchased 23,525 call options on the company. This represents an increase of approximately 1,449% compared to the typical volume of 1,519 call options.

Genworth Financial (NYSE:GNW) last posted its earnings results on Tuesday, August 1st. The financial services provider reported $0.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.08. Genworth Financial had a negative net margin of 1.66% and a negative return on equity of 1.63%. The company had revenue of $2.22 billion during the quarter, compared to analysts’ expectations of $2.14 billion. During the same quarter in the previous year, the company posted $0.39 earnings per share. Genworth Financial’s quarterly revenue was down .6% compared to the same quarter last year. On average, equities research analysts forecast that Genworth Financial Inc will post $1.03 EPS for the current year.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Oppenheimer & Co. Inc. boosted 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. Sigma Planning Corp boosted its position in 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. Geode Capital Management LLC boosted its position in Genworth Financial by 8.6% in the first quarter. Geode Capital Management LLC now owns 3,909,751 shares of the financial services provider’s stock valued at $16,108,000 after buying an additional 309,296 shares during the period. Raymond James Financial Services Advisors Inc. boosted its position in Genworth Financial by 29.5% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 48,181 shares of the financial services provider’s stock valued at $199,000 after buying an additional 10,972 shares during the period. Finally, Gotham Asset Management LLC boosted its position in Genworth Financial by 37.0% in the first quarter. Gotham Asset Management LLC now owns 86,934 shares of the financial services provider’s stock valued at $358,000 after buying an additional 23,470 shares during the period. Hedge funds and other institutional investors own 66.17% of the company’s stock.

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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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