Dimensional Fund Advisors LP Has $151.86 Million Stock Holdings in Voya Financial, Inc. (NYSE:VOYA)

Dimensional Fund Advisors LP reduced its position in Voya Financial, Inc. (NYSE:VOYA - Free Report) by 0.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,206,299 shares of the asset manager's stock after selling 14,181 shares during the quarter. Dimensional Fund Advisors LP owned about 2.29% of Voya Financial worth $151,858,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Jones Financial Companies Lllp increased its holdings in shares of Voya Financial by 81.0% in the 4th quarter. Jones Financial Companies Lllp now owns 409 shares of the asset manager's stock valued at $28,000 after purchasing an additional 183 shares in the last quarter. SRS Capital Advisors Inc. boosted its position in 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 acquiring an additional 327 shares during the last quarter. R Squared Ltd purchased a new stake in Voya Financial in the 4th quarter worth approximately $41,000. Venturi Wealth Management LLC raised its holdings in Voya Financial by 45.0% in the 4th quarter. Venturi Wealth Management LLC now owns 648 shares of the asset manager's stock valued at $45,000 after acquiring an additional 201 shares during the last quarter. Finally, Brooklyn Investment Group boosted its holdings in shares of Voya Financial by 17.0% during the fourth quarter. Brooklyn Investment Group now owns 1,166 shares of the asset manager's stock worth $80,000 after purchasing an additional 169 shares during the last quarter. 96.10% of the stock is currently owned by institutional investors and hedge funds.

Voya Financial Price Performance

NYSE VOYA traded up $0.25 on Tuesday, reaching $59.98. 390,461 shares of the stock traded hands, compared to its average volume of 857,354. Voya Financial, Inc. has a 12 month low of $52.43 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. The company has a market cap of $5.77 billion, a price-to-earnings ratio of 9.80, a P/E/G ratio of 0.48 and a beta of 0.93. The firm's fifty day simple moving average is $64.49 and its 200 day simple moving average is $71.39.

Voya Financial (NYSE:VOYA - Get Free Report) last released its earnings results on Tuesday, February 4th. The asset manager reported $1.50 EPS for the quarter, missing the consensus estimate of $2.15 by ($0.65). Voya Financial had a net margin of 8.29% and a return on equity of 14.10%. As a group, 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. Investors of record on Tuesday, February 25th were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 3.00%. The ex-dividend date was Tuesday, February 25th. Voya Financial's payout ratio is 29.41%.

Wall Street Analysts Forecast Growth

VOYA has been the topic of several research analyst reports. JPMorgan Chase & Co. decreased their target price on shares of Voya Financial from $81.00 to $80.00 and set a "neutral" rating on the stock in a research report on Wednesday, April 2nd. Keefe, Bruyette & Woods lowered their price objective on shares of Voya Financial from $84.00 to $80.00 and set an "outperform" rating for the company in a research note on Wednesday, April 9th. Wells Fargo & Company reduced their price objective on Voya Financial from $79.00 to $69.00 and set an "equal weight" rating on the stock in a research note on Thursday, April 10th. Bank of America restated 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, March 28th. Finally, Barclays cut their price target on shares of Voya Financial from $75.00 to $66.00 and set an "equal weight" rating on the stock in a report on Friday, April 11th. One analyst has rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, Voya Financial currently has a consensus rating of "Hold" and a consensus price target of $80.92.

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.