Quantbot Technologies LP Sells 11,771 Shares of Voya Financial, Inc. (NYSE:VOYA)

Quantbot Technologies LP lessened its holdings in Voya Financial, Inc. (NYSE:VOYA - Free Report) by 48.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,381 shares of the asset manager's stock after selling 11,771 shares during the period. Quantbot Technologies LP's holdings in Voya Financial were worth $852,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp increased its position in shares of Voya Financial by 81.0% during the 4th quarter. Jones Financial Companies Lllp now owns 409 shares of the asset manager's stock worth $28,000 after purchasing an additional 183 shares in the last quarter. SRS Capital Advisors Inc. increased its holdings in shares of Voya Financial by 207.0% during the fourth quarter. SRS Capital Advisors Inc. now owns 485 shares of the asset manager's stock worth $33,000 after buying an additional 327 shares in the last quarter. R Squared Ltd bought a new position in Voya Financial in the 4th quarter valued at $41,000. Venturi Wealth Management LLC boosted its stake in Voya Financial by 45.0% in the fourth quarter. Venturi Wealth Management LLC now owns 648 shares of the asset manager's stock worth $45,000 after purchasing an additional 201 shares in the last quarter. Finally, Brooklyn Investment Group bought a new position in shares of Voya Financial in the third quarter valued at about $79,000. 96.10% of the stock is owned by institutional investors and hedge funds.

Voya Financial Trading Down 3.0 %

Shares of NYSE:VOYA traded down $2.08 during mid-day trading on Friday, reaching $67.32. The stock had a trading volume of 892,791 shares, compared to its average volume of 833,604. The firm has a 50 day simple moving average of $70.45 and a two-hundred day simple moving average of $74.45. Voya Financial, Inc. has a twelve month low of $64.10 and a twelve month high of $84.30. The firm has a market cap of $6.43 billion, a PE ratio of 11.00, a price-to-earnings-growth ratio of 0.48 and a beta of 1.03. The company has a current ratio of 0.30, a quick ratio of 0.31 and a debt-to-equity ratio of 0.59.

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Voya Financial (NYSE:VOYA - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The asset manager reported $1.50 earnings per share for the quarter, missing analysts' consensus estimates of $2.15 by ($0.65). Voya Financial had a return on equity of 14.10% and a net margin of 8.29%. On average, research analysts predict that Voya Financial, Inc. will post 8.39 EPS for the current fiscal year.

Voya Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, February 25th were issued a $0.45 dividend. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $1.80 annualized dividend and a dividend yield of 2.67%. Voya Financial's dividend payout ratio (DPR) is currently 29.41%.

Analyst Upgrades and Downgrades

VOYA has been the subject of several research reports. Bank of America restated an "underperform" rating and issued a $71.00 price objective (down previously from $79.00) on shares of Voya Financial in a research report on Friday. JPMorgan Chase & Co. lowered their price target on shares of Voya Financial from $87.00 to $82.00 and set a "neutral" rating for the company in a report on Tuesday, January 7th. Morgan Stanley upgraded shares of Voya Financial from an "equal weight" rating to an "overweight" rating and boosted their price objective for the stock from $76.00 to $87.00 in a research report on Friday, February 28th. Royal Bank of Canada lowered their target price on Voya Financial from $90.00 to $85.00 and set an "outperform" rating for the company in a research note on Monday, February 3rd. Finally, Wells Fargo & Company boosted their price objective on Voya Financial from $76.00 to $79.00 and gave the stock an "equal weight" rating in a report on Wednesday, February 19th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $82.45.

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.