Aquatic Capital Management LLC Makes New $3.32 Million Investment in Voya Financial, Inc. (NYSE:VOYA)

Aquatic Capital Management LLC purchased a new position in shares of Voya Financial, Inc. (NYSE:VOYA - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 48,288 shares of the asset manager's stock, valued at approximately $3,324,000. Aquatic Capital Management LLC owned about 0.05% of Voya Financial as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. Oxford Asset Management LLP purchased a new stake in Voya Financial during the 4th quarter worth approximately $290,000. Pinebridge Investments L.P. lifted its stake in shares of Voya Financial by 42.7% during the fourth quarter. Pinebridge Investments L.P. now owns 35,641 shares of the asset manager's stock worth $2,453,000 after buying an additional 10,664 shares during the period. Quantessence Capital LLC purchased a new stake in shares of Voya Financial during the fourth quarter valued at $212,000. Tower Research Capital LLC TRC increased its position in shares of Voya Financial by 218.8% in the 4th quarter. Tower Research Capital LLC TRC now owns 8,424 shares of the asset manager's stock valued at $580,000 after acquiring an additional 5,782 shares during the period. Finally, Mirova purchased a new position in Voya Financial in the 4th quarter worth $292,000. Institutional investors and hedge funds own 96.10% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on VOYA. Barclays dropped their price target on Voya Financial from $75.00 to $66.00 and set an "equal weight" rating on the stock in a research note on Friday, April 11th. JPMorgan Chase & Co. dropped their target price on Voya Financial from $81.00 to $80.00 and set a "neutral" rating on the stock in a research report on Wednesday, April 2nd. UBS Group reduced their price target on shares of Voya Financial from $94.00 to $89.00 and set a "buy" rating for the company in a research report on Wednesday, April 2nd. Keefe, Bruyette & Woods decreased their price objective on shares of Voya Financial from $84.00 to $80.00 and set an "outperform" rating for the company in a research note on Wednesday, April 9th. Finally, Morgan Stanley upgraded shares of Voya Financial from an "equal weight" rating to an "overweight" rating and increased their price objective for the stock from $76.00 to $87.00 in a research note on Friday, February 28th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $80.92.

Voya Financial Trading Down 0.1 %

Shares of Voya Financial stock opened at $59.00 on Monday. Voya Financial, Inc. has a fifty-two week low of $52.43 and a fifty-two week high of $84.30. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.31 and a current ratio of 0.30. The company has a market cap of $5.68 billion, a P/E ratio of 9.64, a price-to-earnings-growth ratio of 0.48 and a beta of 0.93. The firm has a 50-day simple moving average of $64.78 and a two-hundred day simple moving average of $71.53.

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 analysts' consensus estimates of $2.15 by ($0.65). Voya Financial had a return on equity of 14.10% and a net margin of 8.29%. As a group, equities analysts predict that Voya Financial, Inc. will post 8.39 earnings per share for the current fiscal year.

Voya Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, February 25th were paid a $0.45 dividend. The ex-dividend date was Tuesday, February 25th. This represents a $1.80 dividend on an annualized basis and a yield of 3.05%. Voya Financial's dividend payout ratio is currently 29.41%.

Voya Financial Company 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.

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