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Shah Capital Management Has Boosted Its Genworth Financial (GNW) Stake; WORLEY PARSONS LTD ORDINARY SHARES AUST (WYGPF) SI Increased By 63.15%

WorleyParsons Limited (OTCMKTS:WYGPF) Logo

WORLEY PARSONS LTD ORDINARY SHARES AUST (OTCMKTS:WYGPF) had an increase of 63.15% in short interest. WYGPF’s SI was 253,700 shares in May as released by FINRA. Its up 63.15% from 155,500 shares previously. With 400 avg volume, 634 days are for WORLEY PARSONS LTD ORDINARY SHARES AUST (OTCMKTS:WYGPF)’s short sellers to cover WYGPF’s short positions. The SI to WORLEY PARSONS LTD ORDINARY SHARES AUST’s float is 0.15%. It closed at $13.045 lastly. It is down 0.00% since May 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Shah Capital Management increased Genworth Financial Inc (GNW) stake by 6.01% reported in 2017Q4 SEC filing. Shah Capital Management acquired 365,011 shares as Genworth Financial Inc (GNW)’s stock declined 12.19%. The Shah Capital Management holds 6.44 million shares with $20.02 million value, up from 6.07 million last quarter. Genworth Financial Inc now has $1.65 billion valuation. The stock increased 3.12% or $0.1 during the last trading session, reaching $3.3. About 3.24 million shares traded. Genworth Financial, Inc. (NYSE:GNW) has declined 29.75% since May 17, 2017 and is downtrending. It has underperformed by 41.30% the S&P500.

WorleyParsons Limited provides professional services to the resources and energy sectors in Australia and internationally. The company has market cap of $3.78 billion. The firm provides engineering design and project delivery services, including providing maintenance, reliability support services, and advisory services. It has a 119.68 P/E ratio. The firm offers engineering and project management services to the floating production systems, heavy oil and oil sands, offshore topsides, offshore pipelines and subsea systems, onshore pipelines and receiving terminals, onshore gas and oil production facilities, sulphur recovery plants, arctic and cold climate, and unconventional gas and oil facilities, as well as for petrochemicals, refining, and LNG sectors.

Investors sentiment decreased to 0.95 in Q4 2017. Its down 0.33, from 1.28 in 2017Q3. It worsened, as 33 investors sold GNW shares while 75 reduced holdings. 30 funds opened positions while 73 raised stakes. 306.90 million shares or 2.61% less from 315.12 million shares in 2017Q3 were reported. Jump Trading Limited Liability Com, Illinois-based fund reported 10,979 shares. Strs Ohio accumulated 0% or 12,400 shares. Taconic Capital Advsrs Limited Partnership has 1.90 million shares. Mutual Of America Mngmt Limited Liability Com has 389,242 shares for 0.02% of their portfolio. Sigma Planning owns 52,017 shares or 0.01% of their US portfolio. Stratos Wealth Prns owns 11,054 shares or 0% of their US portfolio. Litespeed Mgmt Limited Com accumulated 2.60M shares. Jane Street Grp Incorporated Ltd Llc has 0% invested in Genworth Financial, Inc. (NYSE:GNW) for 37,320 shares. The New Jersey-based New Jersey Better Educational Savings Tru has invested 0.32% in Genworth Financial, Inc. (NYSE:GNW). Fuller And Thaler Asset Incorporated reported 150 shares. Advisory Svcs Net Limited Liability Corp owns 1,000 shares. New York State Teachers Retirement Systems accumulated 993,917 shares. Captrust Fincl Advisors owns 0% invested in Genworth Financial, Inc. (NYSE:GNW) for 18,371 shares. Vanguard Grp Inc Inc owns 0.01% invested in Genworth Financial, Inc. (NYSE:GNW) for 42.88 million shares. Aqr Cap Mngmt Limited has 918,776 shares.

Among 8 analysts covering Genworth Financial (NYSE:GNW), 1 have Buy rating, 1 Sell and 6 Hold. Therefore 13% are positive. Genworth Financial had 25 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was downgraded by Raymond James on Thursday, August 6 to “Outperform”. Goldman Sachs initiated the shares of GNW in report on Tuesday, November 17 with “Neutral” rating. As per Monday, September 19, the company rating was downgraded by Compass Point. Macquarie Research maintained the stock with “Neutral” rating in Thursday, September 17 report. The company was maintained on Monday, August 10 by Compass Point. The firm has “Sell” rating given on Wednesday, November 4 by UBS. UBS maintained Genworth Financial, Inc. (NYSE:GNW) rating on Tuesday, September 8. UBS has “Neutral” rating and $5.25 target. On Wednesday, October 5 the stock rating was downgraded by BTIG Research to “Neutral”. Keefe Bruyette & Woods maintained the shares of GNW in report on Wednesday, April 11 with “Hold” rating. On Monday, February 8 the stock rating was maintained by Compass Point with “Buy”.

Genworth Financial, Inc. (NYSE:GNW) Institutional Positions Chart

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