Janus Henderson Group PLC Acquires 1,500 Shares of Voya Financial, Inc. (NYSE:VOYA)

Janus Henderson Group PLC increased its position in shares of Voya Financial, Inc. (NYSE:VOYA) by 3.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 44,116 shares of the asset manager’s stock after buying an additional 1,500 shares during the period. Janus Henderson Group PLC’s holdings in Voya Financial were worth $3,036,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in VOYA. Barclays PLC grew its position in shares of Voya Financial by 48.2% in the 3rd quarter. Barclays PLC now owns 48,890 shares of the asset manager’s stock worth $3,872,000 after buying an additional 15,902 shares during the last quarter. Park Avenue Securities LLC grew its holdings in Voya Financial by 19.9% in the fourth quarter. Park Avenue Securities LLC now owns 9,610 shares of the asset manager’s stock worth $661,000 after purchasing an additional 1,594 shares during the last quarter. Janney Montgomery Scott LLC increased its position in shares of Voya Financial by 13.5% during the fourth quarter. Janney Montgomery Scott LLC now owns 60,289 shares of the asset manager’s stock worth $4,150,000 after purchasing an additional 7,158 shares in the last quarter. KBC Group NV lifted its holdings in shares of Voya Financial by 260.5% during the 4th quarter. KBC Group NV now owns 9,384 shares of the asset manager’s stock valued at $646,000 after purchasing an additional 6,781 shares during the last quarter. Finally, Cascade Investment Advisors Inc. boosted its position in shares of Voya Financial by 29.7% in the 4th quarter. Cascade Investment Advisors Inc. now owns 20,205 shares of the asset manager’s stock worth $1,391,000 after purchasing an additional 4,625 shares in the last quarter. Hedge funds and other institutional investors own 96.10% of the company’s stock.

Voya Financial Stock Performance

Shares of NYSE:VOYA opened at $69.18 on Wednesday. The business’s 50 day moving average price is $63.01 and its 200-day moving average price is $69.66. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.30 and a quick ratio of 0.31. The firm has a market capitalization of $6.66 billion, a PE ratio of 11.30, a P/E/G ratio of 0.48 and a beta of 0.95. Voya Financial, Inc. has a 1 year low of $52.43 and a 1 year high of $84.30.

Voya Financial (NYSE:VOYA) last posted its quarterly earnings results on Tuesday, May 6th. The asset manager reported $2.15 EPS for the quarter, beating the consensus estimate of $1.59 by $0.56. The firm had revenue of $1.97 billion during the quarter, compared to analysts’ expectations of $1.94 billion. Voya Financial had a return on equity of 14.10% and a net margin of 8.29%. The business’s revenue for the quarter was down 4.0% on a year-over-year basis. During the same quarter last year, the firm earned $1.77 earnings per share. As a group, equities research analysts expect that Voya Financial, Inc. will post 8.39 earnings per share for the current fiscal year.

Voya Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 26th. Investors of record on Tuesday, May 27th will be issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 2.60%. The ex-dividend date of this dividend is Tuesday, May 27th. Voya Financial’s dividend payout ratio is presently 33.96%.

Analyst Ratings Changes

Several research firms have weighed in on VOYA. Keefe, Bruyette & Woods lifted their price target on Voya Financial from $80.00 to $83.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 13th. Barclays set a $70.00 price target on shares of Voya Financial in a report on Wednesday, May 7th. Royal Bank of Canada decreased their price objective on shares of Voya Financial from $90.00 to $85.00 and set an “outperform” rating for the company in a research note on Monday, February 3rd. Wells Fargo & Company raised their target price on shares of Voya Financial from $69.00 to $76.00 and gave the stock an “equal weight” rating in a report on Thursday, May 8th. Finally, Bank of America reaffirmed an “underperform” rating and issued a $71.00 price target (down from $79.00) on shares of Voya Financial in a report on Friday, March 28th. One analyst has rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $82.00.

Voya Financial Company 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.