Impact Partnership Wealth LLC Buys New Shares in Voya Financial, Inc. (NYSE:VOYA)

Impact Partnership Wealth LLC bought a new position in Voya Financial, Inc. (NYSE:VOYA - Free Report) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 6,523 shares of the asset manager's stock, valued at approximately $517,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. International Assets Investment Management LLC increased its position in shares of Voya Financial by 15,513.4% in the third quarter. International Assets Investment Management LLC now owns 20,922 shares of the asset manager's stock worth $1,657,000 after acquiring an additional 20,788 shares in the last quarter. Vest Financial LLC increased its position in shares of Voya Financial by 30.2% in the third quarter. Vest Financial LLC now owns 19,612 shares of the asset manager's stock worth $1,554,000 after acquiring an additional 4,553 shares in the last quarter. Raymond James & Associates increased its position in shares of Voya Financial by 0.3% in the third quarter. Raymond James & Associates now owns 119,375 shares of the asset manager's stock worth $9,457,000 after acquiring an additional 320 shares in the last quarter. Blue Trust Inc. increased its position in shares of Voya Financial by 3,640.9% in the third quarter. Blue Trust Inc. now owns 823 shares of the asset manager's stock worth $65,000 after acquiring an additional 801 shares in the last quarter. Finally, Net Worth Advisory Group purchased a new position in shares of Voya Financial in the third quarter worth approximately $725,000. 96.10% of the stock is currently owned by institutional investors.

Voya Financial Stock Down 0.5 %

VOYA stock traded down $0.38 during trading hours on Thursday, hitting $81.20. The company's stock had a trading volume of 1,052,877 shares, compared to its average volume of 813,169. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $7.98 billion, a PE ratio of 10.70, a price-to-earnings-growth ratio of 0.57 and a beta of 1.03. Voya Financial, Inc. has a 12 month low of $63.02 and a 12 month high of $83.93. The stock has a 50 day moving average price of $75.58 and a two-hundred day moving average price of $72.81.

Voya Financial (NYSE:VOYA - Get Free Report) last posted its earnings results on Tuesday, July 30th. The asset manager reported $2.27 EPS for the quarter, topping the consensus estimate of $2.14 by $0.13. Voya Financial had a net margin of 10.87% and a return on equity of 16.11%. The company had revenue of $2.03 billion during the quarter, compared to the consensus estimate of $1.87 billion. During the same period in the previous year, the firm posted $2.31 earnings per share. The company's revenue for the quarter was up 8.7% compared to the same quarter last year. On average, equities research analysts expect that Voya Financial, Inc. will post 8.31 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have recently weighed in on VOYA. 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. Wells Fargo & Company boosted their price objective 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. Evercore ISI boosted their price objective on shares of Voya Financial from $79.00 to $82.00 and gave the company an "outperform" rating in a research report on Wednesday, September 11th. Barclays boosted their price objective on shares of Voya Financial from $84.00 to $85.00 and gave the company an "overweight" rating in a research report on Tuesday, October 8th. Finally, Royal Bank of Canada boosted their price objective on shares of Voya Financial from $83.00 to $90.00 and gave the company an "outperform" rating in a research report on Friday, October 11th. Six investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $85.27.

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.