Who Owns Genworth Financial

To get a sense of who is truly in control of Genworth Financial, Inc. (NYSE:GNW), it is important to understand the ownership structure of the business. The group holding the most number of shares in the company, around 76% to be precise, is institutions. In other words, the group stands to gain the most (or lose the most) from their investment into the company.

Since institutional have access to huge amounts of capital, their market moves tend to receive a lot of scrutiny by retail or individual investors. As a result, a sizeable amount of institutional money invested in a firm is generally viewed as a positive attribute.

Let’s delve deeper into each type of owner of Genworth Financial, beginning with the chart below.

See our latest analysis for Genworth Financial

What Does The Institutional Ownership Tell Us About Genworth Financial?

Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.

Genworth Financial already has institutions on the share registry. Indeed, they own a respectable stake in the company. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Genworth Financial, (below). Of course, keep in mind that there are other factors to consider, too.

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Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. Genworth Financial is not owned by hedge funds. The company’s largest shareholder is BlackRock, Inc., with ownership of 15%. The Vanguard Group, Inc. is the second largest shareholder owning 11% of common stock, and State Street Global Advisors, Inc. holds about 4.2% of the company stock. Furthermore, CEO Thomas McInerney is the owner of 0.8% of the company’s shares.

After doing some more digging, we found that the top 13 have the combined ownership of 50% in the company, suggesting that no single shareholder has significant control over the company.

While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock’s expected performance. While there is some analyst coverage, the company is probably not widely covered. So it could gain more attention, down the track.

Insider Ownership Of Genworth Financial

The definition of company insiders can be subjective and does vary between jurisdictions. Our data ref

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