Voya Financial, Inc. (NYSE:VOYA) Shares Purchased by FCA Corp TX

FCA Corp TX lifted its stake in Voya Financial, Inc. (NYSE:VOYA) by 0.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 39,118 shares of the asset manager’s stock after acquiring an additional 212 shares during the quarter. FCA Corp TX’s holdings in Voya Financial were worth $2,692,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in VOYA. Impax Asset Management Group plc lifted its holdings in shares of Voya Financial by 277.8% in the 4th quarter. Impax Asset Management Group plc now owns 2,898,785 shares of the asset manager’s stock worth $199,062,000 after acquiring an additional 2,131,578 shares during the last quarter. Wealthfront Advisers LLC acquired a new position in shares of Voya Financial in the 4th quarter worth approximately $67,214,000. Bank of New York Mellon Corp lifted its holdings in shares of Voya Financial by 15.7% in the 4th quarter. Bank of New York Mellon Corp now owns 6,472,277 shares of the asset manager’s stock worth $445,487,000 after acquiring an additional 876,399 shares during the last quarter. Hennessy Advisors Inc. acquired a new position in shares of Voya Financial in the 4th quarter worth approximately $47,155,000. Finally, FMR LLC lifted its holdings in Voya Financial by 25.9% during the 3rd quarter. FMR LLC now owns 2,884,044 shares of the asset manager’s stock worth $228,474,000 after buying an additional 592,523 shares in the last quarter. 96.10% of the stock is currently owned by institutional investors and hedge funds.

Voya Financial Trading Down 0.9 %

NYSE VOYA opened at $67.77 on Friday. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.30 and a quick ratio of 0.31. The firm’s fifty day moving average price is $70.43 and its 200 day moving average price is $74.50. The company has a market capitalization of $6.47 billion, a price-to-earnings ratio of 11.07, a price-to-earnings-growth ratio of 0.48 and a beta of 1.03. Voya Financial, Inc. has a 12 month low of $64.10 and a 12 month high of $84.30.

Voya Financial (NYSE:VOYA) last posted its earnings results on Tuesday, February 4th. The asset manager reported $1.50 EPS for the quarter, missing analysts’ consensus estimates of $2.15 by ($0.65). Voya Financial had a net margin of 8.29% and a return on equity of 14.10%. On average, sell-side analysts expect that Voya Financial, Inc. will post 8.39 earnings per share for the current fiscal year.

Voya Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Tuesday, February 25th will be given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.66%. The ex-dividend date of this dividend is Tuesday, February 25th. Voya Financial’s dividend payout ratio (DPR) is 29.41%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Evercore ISI reduced their target price on shares of Voya Financial from $94.00 to $89.00 and set an “outperform” rating on the stock in a report on Tuesday, December 10th. Morgan Stanley upgraded shares of Voya Financial from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $76.00 to $87.00 in a report on Friday, February 28th. Wells Fargo & Company increased their target price on shares of Voya Financial from $76.00 to $79.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 19th. JPMorgan Chase & Co. reduced their target price on shares of Voya Financial from $87.00 to $82.00 and set a “neutral” rating on the stock in a report on Tuesday, January 7th. Finally, Keefe, Bruyette & Woods reduced their target price on shares of Voya Financial from $90.00 to $84.00 and set an “outperform” rating on the stock in a report on Wednesday, February 5th. Six research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $83.55.

Voya Financial Profile

Voya Financial, Inc engages in the provision of workplace benefits and savings products in the United States and internationally. The company operates through three segments: Wealth Solutions, Health Solutions, and Investment Management. The Wealth Solutions segment offers full-service retirement products; recordkeeping services; stable value and fixed general account investment products; non-qualified plan administration services; and tools, guidance, and services to promote the financial well-being and retirement security of employees.