BNP Paribas Financial Markets Has $4.51 Million Holdings in Voya Financial, Inc. (NYSE:VOYA)

BNP Paribas Financial Markets lifted its holdings in shares of Voya Financial, Inc. (NYSE:VOYA - Free Report) by 52.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 56,878 shares of the asset manager's stock after buying an additional 19,654 shares during the period. BNP Paribas Financial Markets owned about 0.06% of Voya Financial worth $4,506,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the business. V Square Quantitative Management LLC acquired a new stake in Voya Financial in the 3rd quarter valued at about $29,000. UMB Bank n.a. lifted its stake in Voya Financial by 118.9% in the 3rd quarter. UMB Bank n.a. now owns 440 shares of the asset manager's stock valued at $35,000 after purchasing an additional 239 shares during the last quarter. Quarry LP acquired a new stake in Voya Financial in the 2nd quarter valued at about $61,000. Blue Trust Inc. lifted its stake in Voya Financial by 3,640.9% in the 3rd quarter. Blue Trust Inc. now owns 823 shares of the asset manager's stock valued at $65,000 after purchasing an additional 801 shares during the last quarter. Finally, Brooklyn Investment Group acquired a new stake in Voya Financial in the 3rd quarter valued at about $79,000. 96.10% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. UBS Group upgraded shares of Voya Financial to a "strong-buy" rating in a research note on Monday, November 11th. Evercore ISI raised their price objective on shares of Voya Financial from $79.00 to $82.00 and gave the stock an "outperform" rating in a research report on Wednesday, September 11th. Bank of America raised their price objective on shares of Voya Financial from $84.00 to $88.00 and gave the stock a "buy" rating in a research report on Thursday, October 10th. Raymond James downgraded shares of Voya Financial from a "strong-buy" rating to a "market perform" rating in a research report on Friday, September 13th. Finally, Wells Fargo & Company raised their price objective on shares of Voya Financial from $87.00 to $90.00 and gave the stock an "overweight" rating in a research report on Thursday, October 10th. Six research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $86.00.

Voya Financial Price Performance

NYSE:VOYA traded down $0.94 during mid-day trading on Wednesday, reaching $81.63. The stock had a trading volume of 162,506 shares, compared to its average volume of 809,363. The stock has a 50-day simple moving average of $80.87 and a two-hundred day simple moving average of $74.94. The stock has a market capitalization of $7.85 billion, a PE ratio of 13.14, a P/E/G ratio of 0.58 and a beta of 1.02. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.31 and a quick ratio of 0.31. Voya Financial, Inc. has a 12 month low of $63.11 and a 12 month high of $84.30.

Voya Financial (NYSE:VOYA - Get Free Report) last announced its quarterly earnings data on Monday, November 4th. The asset manager reported $2.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.05 by $0.07. The business had revenue of $1.96 billion for the quarter, compared to analysts' expectations of $1.86 billion. Voya Financial had a net margin of 8.81% and a return on equity of 15.09%. The firm's quarterly revenue was up 7.3% compared to the same quarter last year. During the same period last year, the firm posted $2.07 earnings per share. On average, equities analysts anticipate that Voya Financial, Inc. will post 8.4 earnings per share for the current year.

Voya Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 26th. Investors 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 2.21%. Voya Financial's dividend payout ratio (DPR) is 28.66%.

Insider Activity at Voya Financial

In other news, insider Tony D. Oh sold 715 shares of the company's stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $81.95, for a total transaction of $58,594.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.37% of the stock is currently owned by insiders.

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.