5,686 Shares in Voya Financial, Inc. (NYSE:VOYA) Bought by A&I Financial Services LLC

A&I Financial Services LLC bought a new stake in Voya Financial, Inc. (NYSE:VOYA - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 5,686 shares of the asset manager's stock, valued at approximately $391,000.

Several other institutional investors have also recently bought and sold shares of the business. R Squared Ltd bought a new stake in shares of Voya Financial in the 4th quarter valued at about $41,000. Venturi Wealth Management LLC raised its holdings in Voya Financial by 45.0% during the 4th quarter. Venturi Wealth Management LLC now owns 648 shares of the asset manager's stock worth $45,000 after purchasing an additional 201 shares during the last quarter. Blue Trust Inc. lifted its position in shares of Voya Financial by 3,640.9% in the 3rd quarter. Blue Trust Inc. now owns 823 shares of the asset manager's stock worth $65,000 after purchasing an additional 801 shares during the period. Brooklyn Investment Group bought a new stake in shares of Voya Financial in the 3rd quarter valued at $79,000. Finally, LRI Investments LLC increased its position in shares of Voya Financial by 780.5% during the third quarter. LRI Investments LLC now owns 1,039 shares of the asset manager's stock worth $85,000 after buying an additional 921 shares during the period. Institutional investors and hedge funds own 96.10% of the company's stock.

Voya Financial Price Performance

Shares of Voya Financial stock traded down $0.55 during trading on Monday, hitting $71.71. The stock had a trading volume of 915,639 shares, compared to its average volume of 885,919. The company has a current ratio of 0.30, a quick ratio of 0.31 and a debt-to-equity ratio of 0.59. Voya Financial, Inc. has a 12 month low of $64.10 and a 12 month high of $84.30. The firm has a market cap of $6.85 billion, a price-to-earnings ratio of 11.72, a P/E/G ratio of 0.48 and a beta of 1.05. The business's 50-day moving average is $70.45 and its 200 day moving average is $74.57.

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Voya Financial (NYSE:VOYA - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The asset manager reported $1.50 earnings per share for the quarter, missing the consensus estimate of $2.15 by ($0.65). Voya Financial had a net margin of 8.29% and a return on equity of 14.10%. As a group, sell-side analysts anticipate that Voya Financial, Inc. will post 8.39 earnings per share for the current year.

Voya Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Tuesday, February 25th will be issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.51%. The ex-dividend date of this dividend is Tuesday, February 25th. Voya Financial's payout ratio is 29.41%.

Analysts Set New Price Targets

Several research firms recently issued reports on VOYA. Royal Bank of Canada dropped their target price on shares of Voya Financial from $90.00 to $85.00 and set an "outperform" rating on the stock in a report on Monday, February 3rd. Evercore ISI lowered their target price on Voya Financial from $94.00 to $89.00 and set an "outperform" rating for the company in a report on Tuesday, December 10th. Wells Fargo & Company lifted their price objective on shares of Voya Financial from $76.00 to $79.00 and gave the company an "equal weight" rating in a research note on Wednesday, February 19th. Piper Sandler cut their target price on shares of Voya Financial from $91.00 to $84.00 and set an "overweight" rating on the stock in a research note on Wednesday, December 18th. Finally, Barclays lowered shares of Voya Financial from a "strong-buy" rating to a "hold" rating in a report on Thursday, February 6th. Six research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $83.55.

About Voya Financial

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.