Easterly Investment Partners LLC grew its stake in shares of Voya Financial, Inc. (NYSE:VOYA - Free Report) by 29.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 110,202 shares of the asset manager's stock after purchasing an additional 25,327 shares during the quarter. Easterly Investment Partners LLC owned approximately 0.11% of Voya Financial worth $7,585,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Jones Financial Companies Lllp grew its holdings in Voya Financial by 81.0% in the 4th quarter. Jones Financial Companies Lllp now owns 409 shares of the asset manager's stock worth $28,000 after acquiring an additional 183 shares during the last quarter. SRS Capital Advisors Inc. grew its stake in shares of Voya Financial by 207.0% in the fourth quarter. SRS Capital Advisors Inc. now owns 485 shares of the asset manager's stock worth $33,000 after purchasing an additional 327 shares during the last quarter. R Squared Ltd purchased a new position in Voya Financial during the 4th quarter valued at about $41,000. Venturi Wealth Management LLC raised its position in Voya Financial by 45.0% during the 4th quarter. Venturi Wealth Management LLC now owns 648 shares of the asset manager's stock valued at $45,000 after purchasing an additional 201 shares during the last quarter. Finally, Brooklyn Investment Group purchased a new stake in Voya Financial in the 3rd quarter worth approximately $79,000. Institutional investors own 96.10% of the company's stock.
Voya Financial Stock Down 0.1 %
Voya Financial stock traded down $0.04 during trading hours on Monday, hitting $67.24. The stock had a trading volume of 141,911 shares, compared to its average volume of 831,095. The stock's 50-day moving average price is $70.45 and its 200-day moving average price is $74.45. The stock has a market capitalization of $6.42 billion, a P/E ratio of 10.98, a price-to-earnings-growth ratio of 0.48 and a beta of 1.03. Voya Financial, Inc. has a 12-month low of $64.10 and a 12-month high of $84.30. The company has a quick ratio of 0.31, a current ratio of 0.30 and a debt-to-equity ratio of 0.59.
Voya Financial (NYSE:VOYA - Get Free Report) last announced its quarterly earnings data 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%. Equities research analysts anticipate that Voya Financial, Inc. will post 8.39 EPS for the current fiscal year.
Voya Financial Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, February 25th were given a dividend of $0.45 per share. The ex-dividend date was Tuesday, February 25th. This represents a $1.80 annualized dividend and a dividend yield of 2.68%. Voya Financial's dividend payout ratio (DPR) is presently 29.41%.
Analyst Upgrades and Downgrades
Several research firms have recently issued reports on VOYA. Bank of America reissued an "underperform" rating and set a $71.00 target price (down from $79.00) on shares of Voya Financial in a research note on Friday. Keefe, Bruyette & Woods decreased their price objective on shares of Voya Financial from $90.00 to $84.00 and set an "outperform" rating for the company in a report on Wednesday, February 5th. JPMorgan Chase & Co. reduced their price target on shares of Voya Financial from $87.00 to $82.00 and set a "neutral" rating on the stock in a research report on Tuesday, January 7th. Barclays lowered shares of Voya Financial from a "strong-buy" rating to a "hold" rating in a report on Thursday, February 6th. Finally, Wells Fargo & Company upped their target price 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 analyst has rated the stock with a sell rating, five have issued a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Voya Financial has a consensus rating of "Moderate Buy" and an average target price of $82.45.
Get Our Latest Analysis on Voya Financial
About Voya Financial
(
Free Report)
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.
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