Barclays PLC lifted its position in Voya Financial, Inc. (NYSE:VOYA - Free Report) by 48.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 48,890 shares of the asset manager's stock after buying an additional 15,902 shares during the quarter. Barclays PLC owned approximately 0.05% of Voya Financial worth $3,872,000 at the end of the most recent quarter.
Several other large investors have also recently bought and sold shares of VOYA. Dimensional Fund Advisors LP grew its stake in Voya Financial by 13.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,055,263 shares of the asset manager's stock worth $146,234,000 after buying an additional 248,795 shares in the last quarter. Massachusetts Financial Services Co. MA raised its position in Voya Financial by 1.5% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,678,016 shares of the asset manager's stock worth $212,152,000 after purchasing an additional 38,438 shares during the period. International Assets Investment Management LLC boosted its position in Voya Financial by 15,513.4% during the third quarter. International Assets Investment Management LLC now owns 20,922 shares of the asset manager's stock valued at $1,657,000 after buying an additional 20,788 shares during the period. FMR LLC boosted its position in Voya Financial by 25.9% during the third quarter. FMR LLC now owns 2,884,044 shares of the asset manager's stock valued at $228,474,000 after buying an additional 592,523 shares during the period. Finally, BNP Paribas Financial Markets increased its holdings in shares of Voya Financial by 52.8% in the third quarter. BNP Paribas Financial Markets now owns 56,878 shares of the asset manager's stock worth $4,506,000 after buying an additional 19,654 shares during the period. 96.10% of the stock is owned by institutional investors.
Voya Financial Price Performance
Shares of NYSE:VOYA traded up $0.52 on Monday, reaching $67.73. The company's stock had a trading volume of 669,108 shares, compared to its average volume of 830,676. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.31 and a current ratio of 0.31. Voya Financial, Inc. has a 52-week low of $63.11 and a 52-week high of $84.30. The company has a 50-day simple moving average of $79.23 and a 200 day simple moving average of $74.77. The company has a market cap of $6.52 billion, a P/E ratio of 10.79, a PEG ratio of 0.54 and a beta of 1.02.
Voya Financial (NYSE:VOYA - Get Free Report) last issued its quarterly earnings results on Monday, November 4th. The asset manager reported $2.12 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.05 by $0.07. The company had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.86 billion. Voya Financial had a return on equity of 15.09% and a net margin of 8.81%. Voya Financial's revenue was up 7.3% on a year-over-year basis. During the same period last year, the company earned $2.07 earnings per share. As a group, equities research analysts anticipate that Voya Financial, Inc. will post 8.09 EPS for the current fiscal year.
Voya Financial Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 26th. Shareholders of record on Tuesday, November 26th will be paid a $0.45 dividend. The ex-dividend date of this dividend is Tuesday, November 26th. This represents a $1.80 dividend on an annualized basis and a yield of 2.66%. Voya Financial's payout ratio is 28.66%.
Insider Activity at Voya Financial
In other news, insider Tony D. Oh sold 715 shares of the business's stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $81.95, for a total value of $58,594.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.37% of the stock is currently owned by company insiders.
Analyst Upgrades and Downgrades
Several equities analysts have recently commented on the stock. UBS Group raised shares of Voya Financial to a "strong-buy" rating in a research note on Monday, November 11th. Raymond James downgraded Voya Financial from a "strong-buy" rating to a "market perform" rating in a report on Friday, September 13th. JPMorgan Chase & Co. cut shares of Voya Financial from an "overweight" rating to a "neutral" rating and set a $87.00 target price on the stock. in a report on Thursday, October 3rd. Bank of America reiterated a "neutral" rating and issued a $83.00 price target (down from $91.00) on shares of Voya Financial in a research note on Wednesday, December 11th. Finally, Evercore ISI cut their price objective 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. Seven analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, Voya Financial currently has an average rating of "Moderate Buy" and an average target price of $85.08.
Check Out Our Latest Report on VOYA
Voya Financial Company Profile
(
Free Report)
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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