Voya Financial, Inc. (NYSE:VOYA) Shares Bought by Geode Capital Management LLC

Geode Capital Management LLC raised its holdings in Voya Financial, Inc. (NYSE:VOYA - Free Report) by 1.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,685,642 shares of the asset manager's stock after buying an additional 23,818 shares during the period. Geode Capital Management LLC owned approximately 1.75% of Voya Financial worth $116,058,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Jones Financial Companies Lllp raised its position in Voya Financial by 81.0% in the 4th quarter. Jones Financial Companies Lllp now owns 409 shares of the asset manager's stock valued at $28,000 after purchasing an additional 183 shares in the last quarter. SRS Capital Advisors Inc. increased its holdings in Voya Financial by 207.0% in the fourth quarter. SRS Capital Advisors Inc. now owns 485 shares of the asset manager's stock valued at $33,000 after buying an additional 327 shares during the last quarter. R Squared Ltd purchased a new stake in Voya Financial during the 4th quarter worth about $41,000. Venturi Wealth Management LLC boosted its position in shares of Voya Financial by 45.0% during the 4th quarter. Venturi Wealth Management LLC now owns 648 shares of the asset manager's stock worth $45,000 after acquiring an additional 201 shares in the last quarter. Finally, Brooklyn Investment Group increased its holdings in shares of Voya Financial by 17.0% in the 4th quarter. Brooklyn Investment Group now owns 1,166 shares of the asset manager's stock valued at $80,000 after acquiring an additional 169 shares during the last quarter. Institutional investors and hedge funds own 96.10% of the company's stock.

Voya Financial Price Performance

VOYA stock traded up $1.00 during trading on Monday, reaching $57.45. 58,557 shares of the company were exchanged, compared to its average volume of 854,026. 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 stock's 50 day moving average price is $68.02 and its 200 day moving average price is $73.05. Voya Financial, Inc. has a 52-week low of $52.43 and a 52-week high of $84.30. The company has a market cap of $5.49 billion, a P/E ratio of 9.39, a PEG ratio of 0.48 and a beta of 0.93.

Voya Financial (NYSE:VOYA - Get Free Report) last issued its quarterly earnings data on Tuesday, February 4th. The asset manager reported $1.50 earnings per share (EPS) for the quarter, missing the consensus estimate 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, analysts predict that Voya Financial, Inc. will post 8.39 earnings per share for the current fiscal year.

Voya Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, February 25th were given a $0.45 dividend. The ex-dividend date was Tuesday, February 25th. This represents a $1.80 annualized dividend and a dividend yield of 3.13%. Voya Financial's dividend payout ratio is presently 29.41%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. Morgan Stanley raised shares of Voya Financial from an "equal weight" rating to an "overweight" rating and raised their price objective for the stock from $76.00 to $87.00 in a report on Friday, February 28th. Barclays decreased their price objective on shares of Voya Financial from $75.00 to $66.00 and set an "equal weight" rating for the company in a research note on Friday. UBS Group decreased their target price on 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 cut their price target on Voya Financial from $84.00 to $80.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 9th. Finally, Wells Fargo & Company reduced their price objective on Voya Financial from $79.00 to $69.00 and set an "equal weight" rating for the company in a research note on Thursday. One analyst has rated the stock with a sell rating, five have given a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target 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.