International Assets Investment Management LLC Purchases 20,788 Shares of Voya Financial, Inc. (NYSE:VOYA)

International Assets Investment Management LLC lifted its holdings in Voya Financial, Inc. (NYSE:VOYA - Free Report) by 15,513.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,922 shares of the asset manager's stock after purchasing an additional 20,788 shares during the quarter. International Assets Investment Management LLC's holdings in Voya Financial were worth $1,657,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. V Square Quantitative Management LLC acquired a new position in Voya Financial during the third quarter worth $29,000. UMB Bank n.a. grew its stake 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 buying an additional 239 shares during the last quarter. FinTrust Capital Advisors LLC acquired a new position in Voya Financial in the 1st quarter valued at about $43,000. Blue Trust Inc. grew its stake in Voya Financial by 3,640.9% in the 3rd quarter. Blue Trust Inc. now owns 823 shares of the asset manager's stock valued at $65,000 after buying an additional 801 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC grew its stake in Voya Financial by 6,850.0% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 834 shares of the asset manager's stock valued at $62,000 after buying an additional 822 shares during the last quarter. Institutional investors and hedge funds own 96.10% of the company's stock.

Voya Financial Trading Down 1.2 %

Shares of VOYA stock traded down $0.97 during trading hours on Monday, hitting $79.00. 1,320,977 shares of the company's stock traded hands, compared to its average volume of 812,503. Voya Financial, Inc. has a 12 month low of $63.11 and a 12 month high of $83.93. 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 stock's 50 day simple moving average is $77.10 and its 200 day simple moving average is $73.34. The stock has a market cap of $7.77 billion, a PE ratio of 10.41, a price-to-earnings-growth ratio of 0.56 and a beta of 1.03.

Voya Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 26th. Stockholders of record on Tuesday, November 26th will be given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 2.28%. The ex-dividend date is Tuesday, November 26th. Voya Financial's dividend payout ratio (DPR) is presently 23.72%.

Wall Street Analysts Forecast Growth

VOYA has been the topic of a number of research reports. Evercore ISI upped their price target on shares of Voya Financial from $79.00 to $82.00 and gave the company an "outperform" rating in a research note on Wednesday, September 11th. Bank of America upped 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 downgraded shares of Voya Financial from a "strong-buy" rating to a "market perform" rating in a research note on Friday, September 13th. Jefferies Financial Group increased their price objective on shares of Voya Financial from $78.00 to $80.00 and gave the company a "hold" rating in a research note on Thursday, July 18th. Finally, Citigroup increased their price objective on shares of Voya Financial from $86.00 to $91.00 and gave the company a "buy" rating in a research note on Tuesday, July 23rd. Six research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $85.27.

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.