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Main » BlackRock Inc. Sells 2558 Shares of Genworth Financial Inc (GNW)

BlackRock Inc. Sells 2558 Shares of Genworth Financial Inc (GNW)

16 January 2018

The stock increased 0.78% or $1.03 during the last trading session, reaching $133.6. Genworth Financial Inc (NYSE:GNW)'s price sits -7.37% off from its SMA 50 of $3.29 and -14.26% away from the SMA 200 which is at $3.51. It has outperformed by 9.47% the S&P500. (NYSE:GNW). Georgia-based Advisory Serv Net Ltd Llc has invested 0% in Genworth Financial, Inc. 47,677 were accumulated by Webster Bancshares N A. Bridgewater Associate L P owns 0.02% invested in Chevron Corporation (NYSE:CVX) for 31,298 shares. The hedge fund run by Bruce J. Richards held 57,416 shares of the technology company at the end of 2017Q3, valued at $9.81 million, down from 71,982 at the end of the previous reported quarter. The stock increased 3.56% or $0.11 during the last trading session, reaching $3.2. Mitsubishi UFJ Trust & Banking Corp now owns 65,664 shares of the financial services provider's stock valued at $248,000 after acquiring an additional 2,593 shares in the last quarter.

Analysts are expecting average earnings estimates of $0.22 for the current quarter based on the opinion of 4 analysts, relating to high earnings per share estimates of $0.27 and low estimates of $0.18, however Genworth Financial Inc (NYSE:GNW) reported $-0.27 earnings per share for the same quarter past year. It has underperformed by 13.29% the S&P500.

Genworth Financial, Inc. (NYSE:GNW) has a market cap of $1.6 billion and over the last 12 months, GNW has declined by -16.88%. Therefore 13% are positive. (NYSE:GNW) earned "Neutral" rating by Macquarie Research on Wednesday, August 5. Oregon Pub Employees Retirement Fund has invested 0.01% in Genworth Financial, Inc. The firm has "Buy" rating given on Friday, November 11 by Compass Point.

According to Genworth Financial, Inc.'s latest 13F filing with the US Securities and Exchange Commission (SEC), institutional ownership is at 66.85%. The firm has "Neutral" rating given on Tuesday, September 8 by UBS. As per Wednesday, November 22, the company rating was maintained by Robert W. Baird. The firm earned "Buy" rating on Monday, August 10 by Compass Point.

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Investors sentiment increased to 1.28 in Q3 2017. GNW comes in with a P/S ratio of 0.18 that's below 1, potentially implying that it could be cheap relative to the overall sector (6.33) and its peers (2.83). It increased, as 17 investors sold GNW shares while 77 reduced holdings.

The most recent open market insider trade was Disposition (Non Open Market) of 25,286 shares on a day where the closing price was 4.01. 315.12 million shares or 4.07% less from 328.49 million shares in 2017Q2 were reported.

According to analysts Genworth Financial Inc (NYSE:GNW)'s minimum EPS for the current quarter is at $0.18 and can go high up to $0.27. (NYSE:GNW). Aperio Grp Ltd Liability Corp holds 402,014 shares. Fny Managed Accounts Ltd Limited Liability Company invested 0.06% in Genworth Financial, Inc. Swiss Commercial Bank stated it has 869,186 shares. About 2.71M shares traded. Daiwa Secs Group Inc has 87,005 shares for 0.05% of their portfolio. (NYSE:GNW) for 55,005 shares. Leuthold Ltd Llc invested in 24,104 shares or 0.01% of the stock. Tiedemann Wealth Llc stated it has 69,842 shares or 0.01% of all its holdings. Great West Life Assurance Can invested in 436,711 shares. 130,510 are held by Liberty Mutual Gru Asset Mgmt Inc. Amundi Pioneer Asset Mgmt Inc reported 913,990 shares stake. Moreover, Shah Cap Mgmt has 11.76% invested in Genworth Financial, Inc.

Investors sentiment decreased to 1.15 in Q3 2017. Its down 0.01, from 0.91 in 2017Q2. It is positive, as 76 investors sold LOW shares while 406 reduced holdings. 110 funds opened positions while 558 raised stakes. The Illinois-based Zacks Management has invested 2.01% in Merck & Co., Inc.

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Investors may also want to take a longer-term look at company shares. Whalerock Point Limited Co accumulated 0.34% or 14,934 shares. Mason Street Advsr Ltd Liability Com holds 0.05% in CarMax Inc. Raymond James And Associate holds 20,454 shares. Vantage Inv Advisors Lc holds 1.56% of its portfolio in Merck & Co., Inc. New Jersey-based Princeton Cap Management Incorporated has invested 2.33% in Facebook, Inc. The firm has "Hold" rating given on Friday, November 17 by Deutsche Bank. Fifth Third Bancorporation reported 5.54M shares. Glenview Retail Bank Dept owns 1.36% invested in Merck & Co., Inc. (NYSE:LOW) for 33,990 shares. St Johns Investment Management Communications Ltd Liability has invested 0.82% in Chevron Corporation (NYSE:CVX). (NYSE:KMX) for 2,733 shares. (NYSE:MRK), 15 have Buy rating, 0 Sell and 8 Hold. Therefore 35% are positive. They issued a "market perform" rating on the stock. (NYSE:LOW) earned "Hold" rating by Jefferies on Friday, November 10. The stock of Lowe's Companies, Inc. As per Tuesday, September 8, the company rating was maintained by UBS. RBC Capital Markets maintained Lowe's Companies, Inc. Morgan Stanley maintained Chevron Corporation (NYSE:CVX) on Wednesday, October 18 with "Overweight" rating. The count of Hold ratings in that period was 6. The firm earned "Perform" rating on Wednesday, September 23 by Oppenheimer. The rating was upgraded by Johnson Rice on Friday, August 26 to "Buy". The company was maintained on Monday, October 30 by Leerink Swann. (NYSE:KMX) has "Neutral" rating given on Monday, March 28 by Sterne Agee CRT.

Analysts await Merck & Co., Inc. Eaton Vance reported 0.48% in The Procter & Gamble Company (NYSE:PG). GNW's profit would be $99.81 million giving it 4.04 P/E if the $0.20 EPS is correct. After $1.59 actual EPS reported by Facebook, Inc. for the previous quarter, Wall Street now forecasts 22.01% EPS growth.

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