Boston Common Asset Management LLC Buys 15,431 Shares of Voya Financial, Inc. (NYSE:VOYA)

Boston Common Asset Management LLC lifted its position in shares of Voya Financial, Inc. (NYSE:VOYA - Free Report) by 30.7% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 65,667 shares of the asset manager's stock after buying an additional 15,431 shares during the quarter. Boston Common Asset Management LLC owned about 0.07% of Voya Financial worth $4,520,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. V Square Quantitative Management LLC acquired a new position in shares of Voya Financial in the 3rd quarter valued at approximately $29,000. UMB Bank n.a. lifted its stake in Voya Financial by 118.9% during the third quarter. UMB Bank n.a. now owns 440 shares of the asset manager's stock worth $35,000 after purchasing an additional 239 shares during the last quarter. Blue Trust Inc. boosted its holdings in shares of 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 purchasing an additional 801 shares in the last quarter. Quarry LP acquired a new stake in shares of Voya Financial in the 2nd quarter valued at $61,000. Finally, Brooklyn Investment Group bought a new position in shares of Voya Financial in the 3rd quarter valued at $79,000. Institutional investors own 96.10% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on VOYA. Piper Sandler reduced their price objective on Voya Financial from $91.00 to $84.00 and set an "overweight" rating on the stock in a research note on Wednesday, December 18th. Evercore ISI reduced their price target on shares of Voya Financial from $94.00 to $89.00 and set an "outperform" rating on the stock in a research note on Tuesday, December 10th. UBS Group raised shares of Voya Financial to a "strong-buy" rating in a report on Monday, November 11th. Bank of America restated a "neutral" rating and issued a $83.00 target price (down previously from $91.00) on shares of Voya Financial in a research report on Wednesday, December 11th. Finally, Keefe, Bruyette & Woods decreased their target price on shares of Voya Financial from $92.00 to $90.00 and set an "outperform" rating on the stock in a research note on Friday, January 10th. Six research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given 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 price target of $83.73.

Insider Buying and Selling at Voya Financial

In other news, insider Tony D. Oh sold 715 shares of the firm's stock in a transaction dated 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 filing with the Securities & Exchange Commission, which is available through this link. Insiders own 1.37% of the company's stock.

Voya Financial Trading Down 0.1 %

Shares of NYSE VOYA traded down $0.06 during trading on Friday, reaching $69.75. The company had a trading volume of 602,196 shares, compared to its average volume of 652,332. Voya Financial, Inc. has a 12 month low of $63.11 and a 12 month high of $84.30. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 0.54. The stock has a market cap of $6.71 billion, a P/E ratio of 11.11, a PEG ratio of 0.44 and a beta of 1.05. The company's fifty day moving average price is $74.21 and its 200-day moving average price is $74.19.

Voya Financial (NYSE:VOYA - Get Free Report) last released its earnings results on Monday, November 4th. The asset manager reported $2.12 earnings per share for the quarter, beating analysts' consensus estimates of $2.05 by $0.07. The business had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.86 billion. Voya Financial had a net margin of 8.81% and a return on equity of 15.09%. The company's revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.07 EPS. As a group, research analysts expect that Voya Financial, Inc. will post 7.62 earnings per share for the current year.

Voya Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 26th. Investors of record on Tuesday, November 26th were paid a dividend of $0.45 per share. The ex-dividend date of this dividend was Tuesday, November 26th. This represents a $1.80 annualized dividend and a yield of 2.58%. Voya Financial's dividend payout ratio is currently 28.66%.

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.