Entropy Technologies LP Has $1.49 Million Stock Holdings in Voya Financial, Inc. (NYSE:VOYA)

Entropy Technologies LP lessened its stake in shares of Voya Financial, Inc. (NYSE:VOYA - Free Report) by 29.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 18,847 shares of the asset manager's stock after selling 7,999 shares during the period. Entropy Technologies LP's holdings in Voya Financial were worth $1,493,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Empowered Funds LLC grew its stake in Voya Financial by 149.4% during the 1st quarter. Empowered Funds LLC now owns 25,399 shares of the asset manager's stock valued at $1,877,000 after purchasing an additional 15,216 shares during the last quarter. M&G Plc lifted its position in Voya Financial by 18.6% during the second quarter. M&G Plc now owns 117,706 shares of the asset manager's stock valued at $8,357,000 after purchasing an additional 18,471 shares during the period. Seven Eight Capital LP acquired a new stake in Voya Financial during the 1st quarter worth about $1,032,000. Dimensional Fund Advisors LP raised its stake in shares of Voya Financial by 13.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,055,263 shares of the asset manager's stock valued at $146,234,000 after buying an additional 248,795 shares during the last quarter. Finally, International Assets Investment Management LLC lifted its holdings in shares of Voya Financial by 15,513.4% in the 3rd 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. Hedge funds and other institutional investors own 96.10% of the company's stock.

Insider Activity at Voya Financial

In related news, insider Tony D. Oh sold 715 shares of Voya Financial stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $81.95, for a total transaction of $58,594.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.37% of the stock is currently owned by insiders.

Voya Financial Stock Performance

Shares of Voya Financial stock traded down $0.99 on Wednesday, reaching $82.33. 374,344 shares of the company were exchanged, compared to its average volume of 819,496. The firm has a market cap of $7.92 billion, a price-to-earnings ratio of 13.25, a P/E/G ratio of 0.59 and a beta of 1.03. The company's 50-day moving average is $78.66 and its two-hundred day moving average is $73.94. 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 1-year low of $63.11 and a 1-year high of $84.30.

Voya Financial (NYSE:VOYA - Get Free Report) last posted its quarterly earnings data on Monday, November 4th. The asset manager reported $2.12 earnings per share for the quarter, beating the consensus estimate of $2.05 by $0.07. Voya Financial had a return on equity of 15.09% and a net margin of 8.81%. The company had revenue of $1.96 billion during the quarter, compared to analysts' expectations of $1.86 billion. During the same period in the prior year, the business earned $2.07 earnings per share. Voya Financial's revenue for the quarter was up 7.3% compared to the same quarter last year. As a group, research analysts expect that Voya Financial, Inc. will post 8.21 earnings per share for the current fiscal year.

Voya Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 26th. Shareholders of record on Tuesday, November 26th will be paid a dividend of $0.45 per share. The ex-dividend date of this dividend is Tuesday, November 26th. This represents a $1.80 annualized dividend and a yield of 2.19%. Voya Financial's dividend payout ratio is currently 28.66%.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Bank of America boosted their price target on shares of Voya Financial from $84.00 to $88.00 and gave the stock a "buy" rating in a report on Thursday, October 10th. Raymond James lowered shares of Voya Financial from a "strong-buy" rating to a "market perform" rating in a report on Friday, September 13th. Morgan Stanley reduced their target price on shares of Voya Financial from $76.00 to $75.00 and set an "equal weight" rating on the stock in a research note on Monday, August 19th. Barclays increased their price target on shares of Voya Financial from $84.00 to $85.00 and gave the company an "overweight" rating in a research note on Tuesday, October 8th. Finally, UBS Group upgraded Voya Financial to a "strong-buy" rating in a report on Monday. Six investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $86.00.

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.