Barclays PLC Buys 27,408 Shares of Voya Financial, Inc. (NYSE:VOYA)

Barclays PLC grew its position in shares of Voya Financial, Inc. (NYSE:VOYA - Free Report) by 56.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 76,298 shares of the asset manager's stock after purchasing an additional 27,408 shares during the period. Barclays PLC owned approximately 0.08% of Voya Financial worth $5,251,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Bank of New York Mellon Corp raised its position in shares of Voya Financial by 15.7% during the 4th quarter. Bank of New York Mellon Corp now owns 6,472,277 shares of the asset manager's stock valued at $445,487,000 after buying an additional 876,399 shares in the last quarter. FMR LLC raised its position in Voya Financial by 10.5% during the fourth quarter. FMR LLC now owns 3,185,726 shares of the asset manager's stock valued at $219,274,000 after purchasing an additional 301,682 shares during the period. Impax Asset Management Group plc raised its position in Voya Financial by 277.8% during the fourth quarter. Impax Asset Management Group plc now owns 2,898,785 shares of the asset manager's stock valued at $199,062,000 after purchasing an additional 2,131,578 shares during the period. Geode Capital Management LLC lifted its stake in shares of Voya Financial by 1.4% in the 4th quarter. Geode Capital Management LLC now owns 1,685,642 shares of the asset manager's stock valued at $116,058,000 after purchasing an additional 23,818 shares during the last quarter. Finally, Norges Bank purchased a new position in shares of Voya Financial in the 4th quarter worth approximately $96,508,000. 96.10% of the stock is owned by institutional investors.

Voya Financial Price Performance

VOYA stock opened at $59.00 on Friday. Voya Financial, Inc. has a 52-week low of $52.43 and a 52-week high of $84.30. The company has a quick ratio of 0.31, a current ratio of 0.30 and a debt-to-equity ratio of 0.59. The stock has a market cap of $5.68 billion, a price-to-earnings ratio of 9.64, a price-to-earnings-growth ratio of 0.48 and a beta of 0.93. The business has a fifty day moving average of $64.78 and a two-hundred day moving average of $71.58.

Voya Financial (NYSE:VOYA - Get Free Report) last posted its quarterly earnings data 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, research 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 disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, February 25th were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 3.05%. The ex-dividend date was Tuesday, February 25th. Voya Financial's dividend payout ratio is presently 29.41%.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. UBS Group decreased their price objective on shares of Voya Financial from $94.00 to $89.00 and set a "buy" rating for the company in a research note on Wednesday, April 2nd. Barclays decreased their price target on Voya Financial from $75.00 to $66.00 and set an "equal weight" rating for the company in a research note on Friday, April 11th. Keefe, Bruyette & Woods reduced their target price on Voya Financial from $84.00 to $80.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 9th. Wells Fargo & Company lowered their target price on shares of Voya Financial from $79.00 to $69.00 and set an "equal weight" rating for the company in a research note on Thursday, April 10th. Finally, Royal Bank of Canada lowered their price objective on shares of Voya Financial from $90.00 to $85.00 and set an "outperform" rating for the company in a research report on Monday, February 3rd. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Voya Financial has an average rating of "Hold" and a consensus target price of $80.92.

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.

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