Shares of Genworth Financial Inc. (NYSE:GNW) were down 3.8% on Wednesday . The stock traded as low as $2.26 and last traded at $2.29, with a volume of 5,967,285 shares traded. The stock had previously closed at $2.38.

Several analysts have weighed in on GNW shares. Zacks Investment Research cut Genworth Financial from a “hold” rating to a “strong sell” rating in a report on Tuesday. BTIG Research reissued a “buy” rating and set a $5.00 price objective on shares of Genworth Financial in a report on Friday, April 29th. Compass Point dropped their price objective on Genworth Financial from $5.50 to $5.25 and set a “buy” rating for the company in a report on Thursday, May 5th. Finally, Morgan Stanley reissued a “hold” rating on shares of Genworth Financial in a report on Saturday, April 30th. One analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company’s stock. Genworth Financial currently has an average rating of “Hold” and a consensus price target of $6.11.

The stock has a 50 day moving average price of $3.22 and a 200-day moving average price of $2.93. The firm’s market capitalization is $1.28 billion.

Genworth Financial (NYSE:GNW) last released its quarterly earnings data on Thursday, April 28th. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.03. The business earned $1.79 billion during the quarter, compared to analyst estimates of $2.15 billion. The business’s quarterly revenue was down 16.4% compared to the same quarter last year. During the same period last year, the business earned $0.31 earnings per share. Equities analysts anticipate that Genworth Financial Inc. will post $0.82 earnings per share for the current year.

A number of hedge funds have added to or reduced their stakes in the stock. State Treasurer State of Michigan raised its stake in Genworth Financial by 4.7% in the fourth quarter. State Treasurer State of Michigan now owns 377,362 shares of the company’s stock valued at $1,408,000 after buying an additional 17,018 shares during the period. GSA Capital Partners LLP raised its stake in shares of Genworth Financial by 70.1% in the fourth quarter. GSA Capital Partners LLP now owns 509,409 shares of the company’s stock worth $1,900,000 after buying an additional 210,007 shares during the last quarter. Retirement Systems of Alabama raised its stake in shares of Genworth Financial by 127.8% in the fourth quarter. Retirement Systems of Alabama now owns 639,221 shares of the company’s stock worth $2,384,000 after buying an additional 358,598 shares during the last quarter. New York State Common Retirement Fund raised its stake in shares of Genworth Financial by 75.1% in the fourth quarter. New York State Common Retirement Fund now owns 1,999,208 shares of the company’s stock worth $7,457,000 after buying an additional 857,308 shares during the last quarter. Finally, Rhumbline Advisers raised its stake in shares of Genworth Financial by 3.6% in the fourth quarter. Rhumbline Advisers now owns 692,651 shares of the company’s stock worth $2,584,000 after buying an additional 23,948 shares during the last quarter.

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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