Voya Financial, Inc. (NYSE:VOYA) Shares Purchased by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC boosted its holdings in Voya Financial, Inc. (NYSE:VOYA - Free Report) by 23.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 35,334 shares of the asset manager's stock after acquiring an additional 6,725 shares during the period. Kingsview Wealth Management LLC's holdings in Voya Financial were worth $2,432,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in VOYA. Brooklyn Investment Group lifted its holdings in 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 purchasing an additional 169 shares in the last quarter. US Bancorp DE lifted its holdings in Voya Financial by 5.8% in the 3rd quarter. US Bancorp DE now owns 3,655 shares of the asset manager's stock valued at $290,000 after purchasing an additional 202 shares in the last quarter. First Trust Direct Indexing L.P. lifted its holdings in Voya Financial by 6.8% in the 3rd quarter. First Trust Direct Indexing L.P. now owns 3,291 shares of the asset manager's stock valued at $261,000 after purchasing an additional 210 shares in the last quarter. UMB Bank n.a. lifted its holdings 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 in the last quarter. Finally, State of Alaska Department of Revenue lifted its holdings in Voya Financial by 2.2% in the 3rd quarter. State of Alaska Department of Revenue now owns 11,426 shares of the asset manager's stock valued at $905,000 after purchasing an additional 245 shares in the last quarter. 96.10% of the stock is owned by institutional investors and hedge funds.

Voya Financial Stock Up 1.2 %

NYSE:VOYA traded up $0.88 during trading hours on Thursday, hitting $74.29. The stock had a trading volume of 686,067 shares, compared to its average volume of 898,626. The company has a current ratio of 0.30, a quick ratio of 0.31 and a debt-to-equity ratio of 0.59. Voya Financial, Inc. has a 1-year low of $64.10 and a 1-year high of $84.30. The business has a 50 day simple moving average of $70.07 and a two-hundred day simple moving average of $74.10. The company has a market cap of $7.15 billion, a PE ratio of 12.14, a price-to-earnings-growth ratio of 0.46 and a beta of 1.05.

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 net margin of 8.29% and a return on equity of 14.10%. Analysts predict that Voya Financial, Inc. will post 8.95 EPS for the current year.

Voya Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Tuesday, February 25th will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.42%. The ex-dividend date of this dividend is Tuesday, February 25th. Voya Financial's payout ratio is currently 29.41%.

Wall Street Analyst Weigh In

VOYA has been the topic of several recent analyst reports. Keefe, Bruyette & Woods cut their price objective on shares of Voya Financial from $90.00 to $84.00 and set an "outperform" rating on the stock in a report on Wednesday, February 5th. UBS Group upgraded shares of Voya Financial to a "strong-buy" rating in a report on Monday, November 11th. Piper Sandler cut their price objective on shares of Voya Financial from $91.00 to $84.00 and set an "overweight" rating on the stock in a report on Wednesday, December 18th. Bank of America reiterated a "neutral" rating and set a $83.00 price objective (down from $91.00) on shares of Voya Financial in a report on Wednesday, December 11th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Voya Financial from $87.00 to $82.00 and set a "neutral" rating on the stock in a report on Tuesday, January 7th. Seven equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $82.27.

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.