14,212 Shares in Voya Financial, Inc. (NYSE:VOYA) Purchased by Trexquant Investment LP

Trexquant Investment LP bought a new position in Voya Financial, Inc. (NYSE:VOYAGet Rating) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 14,212 shares of the asset manager’s stock, valued at approximately $846,000.

Several other large investors also recently modified their holdings of the business. Industrial Alliance Investment Management Inc. grew its stake in shares of Voya Financial by 22.1% in the first quarter. Industrial Alliance Investment Management Inc. now owns 940 shares of the asset manager’s stock worth $62,000 after purchasing an additional 170 shares during the last quarter. Massmutual Trust Co. FSB ADV lifted its holdings in Voya Financial by 60.8% in the second quarter. Massmutual Trust Co. FSB ADV now owns 471 shares of the asset manager’s stock worth $28,000 after buying an additional 178 shares during the period. Advisor Group Holdings Inc. lifted its holdings in Voya Financial by 3.4% in the first quarter. Advisor Group Holdings Inc. now owns 5,621 shares of the asset manager’s stock worth $4,698,000 after buying an additional 187 shares during the period. Kennedy Capital Management Inc. lifted its holdings in Voya Financial by 0.9% in the second quarter. Kennedy Capital Management Inc. now owns 20,880 shares of the asset manager’s stock worth $1,243,000 after buying an additional 192 shares during the period. Finally, Quent Capital LLC lifted its holdings in Voya Financial by 13.4% in the first quarter. Quent Capital LLC now owns 1,717 shares of the asset manager’s stock worth $114,000 after buying an additional 203 shares during the period.

Insiders Place Their Bets

In other Voya Financial news, insider Nancy Ferrara sold 10,000 shares of Voya Financial stock in a transaction that occurred on Monday, November 7th. The shares were sold at an average price of $68.00, for a total value of $680,000.00. Following the completion of the sale, the insider now owns 9,878 shares of the company’s stock, valued at approximately $671,704. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other Voya Financial news, insider Nancy Ferrara sold 10,000 shares of Voya Financial stock in a transaction that occurred on Monday, November 7th. The shares were sold at an average price of $68.00, for a total value of $680,000.00. Following the completion of the sale, the insider now owns 9,878 shares of the company’s stock, valued at approximately $671,704. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Michael Robert Katz sold 1,472 shares of Voya Financial stock in a transaction that occurred on Thursday, November 3rd. The stock was sold at an average price of $66.18, for a total transaction of $97,416.96. Following the completion of the sale, the insider now directly owns 13,520 shares of the company’s stock, valued at approximately $894,753.60. The disclosure for this sale can be found here. In the last quarter, insiders sold 19,814 shares of company stock valued at $1,302,045. Company insiders own 1.44% of the company’s stock.

Voya Financial Price Performance

Shares of NYSE VOYA opened at $64.53 on Thursday. Voya Financial, Inc. has a twelve month low of $56.20 and a twelve month high of $74.97. The firm has a market cap of $6.27 billion, a P/E ratio of 10.77, a PEG ratio of 3.62 and a beta of 1.18. The company has a 50 day moving average of $64.38 and a 200 day moving average of $62.78. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.61.

Voya Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 29th. Investors of record on Monday, November 28th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Friday, November 25th. This represents a $0.80 dividend on an annualized basis and a yield of 1.24%. Voya Financial’s payout ratio is currently 13.36%.

Analysts Set New Price Targets

VOYA has been the subject of several research analyst reports. Evercore ISI raised their price objective on shares of Voya Financial to $81.00 in a report on Tuesday, August 9th. Piper Sandler raised their price objective on shares of Voya Financial to $74.00 in a report on Thursday, October 13th. TheStreet upgraded shares of Voya Financial from a “c” rating to a “b-” rating in a report on Monday, October 24th. Raymond James began coverage on shares of Voya Financial in a report on Wednesday, September 21st. They set a “strong-buy” rating and a $84.00 target price for the company. Finally, Credit Suisse Group lifted their target price on shares of Voya Financial from $82.00 to $85.00 and gave the company an “outperform” rating in a report on Thursday, August 18th. Three investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $79.42.

Voya Financial Company Profile

(Get Rating)

Voya Financial, Inc operates as a retirement, investment, and employee benefits company in the United States. The company's Wealth Solutions segment offers tax-deferred employer-sponsored retirement savings plans and administrative services; and individual retirement accounts, and other retail financial products and services, as well as financial planning and advisory services.

See Also

Institutional Ownership by Quarter for Voya Financial (NYSE:VOYA)

Receive News & Ratings for Voya Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Voya Financial and related companies with MarketBeat.com's FREE daily email newsletter.