Leeward Investments LLC MA Acquires Shares of 243,228 Voya Financial, Inc. (NYSE:VOYA)

Leeward Investments LLC MA bought a new stake in shares of Voya Financial, Inc. (NYSE:VOYA - Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 243,228 shares of the asset manager's stock, valued at approximately $19,269,000. Leeward Investments LLC MA owned approximately 0.25% of Voya Financial at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Hohimer Wealth Management LLC increased its position in Voya Financial by 1.7% in the 1st quarter. Hohimer Wealth Management LLC now owns 8,452 shares of the asset manager's stock valued at $625,000 after buying an additional 140 shares in the last quarter. Arjuna Capital increased its holdings in shares of Voya Financial by 0.8% during the second quarter. Arjuna Capital now owns 19,685 shares of the asset manager's stock valued at $1,401,000 after acquiring an additional 161 shares in the last quarter. US Bancorp DE raised its position in shares of Voya Financial by 5.8% during the third quarter. US Bancorp DE now owns 3,655 shares of the asset manager's stock worth $290,000 after purchasing an additional 202 shares during the period. First Trust Direct Indexing L.P. lifted its holdings in shares of 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 worth $261,000 after purchasing an additional 210 shares in the last quarter. Finally, UMB Bank n.a. grew its position 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 period. Institutional investors and hedge funds own 96.10% of the company's stock.

Voya Financial Stock Performance

NYSE VOYA traded down $1.68 on Thursday, hitting $81.25. 759,094 shares of the stock traded hands, compared to its average volume of 822,890. The firm has a market capitalization of $7.99 billion, a price-to-earnings ratio of 13.16, a PEG ratio of 0.55 and a beta of 1.03. The business's fifty day moving average is $77.71 and its two-hundred day moving average is $73.53. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.30 and a current ratio of 0.30. Voya Financial, Inc. has a 12 month low of $63.11 and a 12 month high of $83.93.

Voya Financial (NYSE:VOYA - Get Free Report) last posted its quarterly earnings results on Monday, November 4th. The asset manager reported $2.12 EPS for the quarter, topping analysts' consensus estimates of $2.05 by $0.07. Voya Financial had a return on equity of 15.50% and a net margin of 8.81%. The firm had revenue of $1.96 billion during the quarter, compared to analyst estimates of $1.86 billion. During the same period last year, the company earned $2.07 earnings per share. The business's revenue for the quarter was up 7.3% on a year-over-year basis. As a group, equities analysts anticipate that Voya Financial, Inc. will post 8.28 EPS for the current fiscal year.

Voya Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 26th. Investors of record on Tuesday, November 26th will be given a $0.45 dividend. The ex-dividend date is Tuesday, November 26th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.22%. Voya Financial's dividend payout ratio (DPR) is presently 28.66%.

Insider Activity

In other Voya Financial news, insider Tony D. Oh sold 715 shares of the company's stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $81.95, for a total value of $58,594.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.37% of the company's stock.

Analyst Ratings Changes

VOYA has been the topic of several research reports. Royal Bank of Canada upped their price objective on shares of Voya Financial from $83.00 to $90.00 and gave the stock an "outperform" rating in a report on Friday, October 11th. Wells Fargo & Company raised their price target on shares of Voya Financial from $87.00 to $90.00 and gave the company an "overweight" rating in a research report on Thursday, October 10th. Citigroup boosted their price objective on Voya Financial from $86.00 to $91.00 and gave the stock a "buy" rating in a report on Tuesday, July 23rd. Bank of America raised their target price on Voya Financial from $84.00 to $88.00 and gave the company a "buy" rating in a report on Thursday, October 10th. Finally, JPMorgan Chase & Co. downgraded Voya Financial from an "overweight" rating to a "neutral" rating and set a $87.00 price target for the company. in a report on Thursday, October 3rd. Six analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $85.55.

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.