Genworth Financial Inc. (NYSE:GNW) was down 3.2% during trading on Wednesday . The stock traded as low as $2.66 and last traded at $2.69, with a volume of 4,016,794 shares. The stock had previously closed at $2.78.

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

The stock’s market capitalization is $1.37 billion. The stock has a 50-day moving average of $3.11 and a 200 day moving average of $2.90.

Genworth Financial (NYSE:GNW) last announced its earnings results on Thursday, April 28th. The company reported $0.21 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.03. The firm earned $1.79 billion during the quarter, compared to analysts’ expectations of $2.15 billion. The company’s revenue was down 16.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.31 EPS. Equities analysts predict that Genworth Financial Inc. will post $0.81 EPS for the current fiscal year.

A number of hedge funds and institutional investors recently bought and sold shares of GNW. State Treasurer State of Michigan increased its position 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 in the last quarter. GSA Capital Partners LLP increased its position in Genworth Financial by 70.1% in the fourth quarter. GSA Capital Partners LLP now owns 509,409 shares of the company’s stock valued at $1,900,000 after buying an additional 210,007 shares in the last quarter. Retirement Systems of Alabama increased its position in Genworth Financial by 127.8% in the fourth quarter. Retirement Systems of Alabama now owns 639,221 shares of the company’s stock valued at $2,384,000 after buying an additional 358,598 shares in the last quarter. New York State Common Retirement Fund increased its position in 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 valued at $7,457,000 after buying an additional 857,308 shares in the last quarter. Finally, Rhumbline Advisers increased its position in Genworth Financial by 3.6% in the fourth quarter. Rhumbline Advisers now owns 692,651 shares of the company’s stock valued at $2,584,000 after buying an additional 23,948 shares in 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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