2,974 Shares in Voya Financial, Inc. $VOYA Purchased by Blair William & Co. IL

Blair William & Co. IL bought a new position in Voya Financial, Inc. (NYSE:VOYA) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 2,974 shares of the asset manager’s stock, valued at approximately $211,000.

Other large investors also recently bought and sold shares of the company. BI Asset Management Fondsmaeglerselskab A S bought a new position in Voya Financial in the first quarter worth approximately $47,000. Geneos Wealth Management Inc. boosted its stake in Voya Financial by 44.0% in the first quarter. Geneos Wealth Management Inc. now owns 730 shares of the asset manager’s stock valued at $49,000 after acquiring an additional 223 shares in the last quarter. Blue Trust Inc. boosted its stake in Voya Financial by 36.9% in the first quarter. Blue Trust Inc. now owns 950 shares of the asset manager’s stock valued at $64,000 after acquiring an additional 256 shares in the last quarter. Bessemer Group Inc. grew its holdings in Voya Financial by 142.9% in the first quarter. Bessemer Group Inc. now owns 1,343 shares of the asset manager’s stock worth $91,000 after purchasing an additional 790 shares during the last quarter. Finally, GAMMA Investing LLC increased its position in shares of Voya Financial by 28.1% during the first quarter. GAMMA Investing LLC now owns 1,544 shares of the asset manager’s stock worth $105,000 after purchasing an additional 339 shares in the last quarter. Hedge funds and other institutional investors own 96.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of Voya Financial in a research note on Wednesday, October 8th. Morgan Stanley upped their price objective on shares of Voya Financial from $90.00 to $91.00 and gave the company an “overweight” rating in a report on Tuesday, October 7th. UBS Group lifted their target price on shares of Voya Financial from $87.00 to $90.00 and gave the stock a “buy” rating in a research note on Wednesday, August 6th. JPMorgan Chase & Co. upped their price target on shares of Voya Financial from $80.00 to $89.00 and gave the company a “neutral” rating in a research note on Tuesday, July 8th. Finally, Wells Fargo & Company raised their price target on shares of Voya Financial from $82.00 to $83.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 8th. Seven analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $85.00.

Voya Financial Stock Performance

Shares of VOYA stock opened at $73.22 on Friday. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.44. Voya Financial, Inc. has a 12-month low of $52.43 and a 12-month high of $84.30. The business’s 50 day moving average is $75.12 and its two-hundred day moving average is $69.28. The company has a market capitalization of $7.06 billion, a P/E ratio of 14.64, a P/E/G ratio of 0.53 and a beta of 0.98.

Voya Financial (NYSE:VOYA) last issued its quarterly earnings results on Tuesday, August 5th. The asset manager reported $2.40 earnings per share for the quarter, beating analysts’ consensus estimates of $2.09 by $0.31. The firm had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.94 billion. Voya Financial had a net margin of 6.73% and a return on equity of 13.72%. Voya Financial’s quarterly revenue was down 2.6% compared to the same quarter last year. During the same period last year, the company posted $2.18 EPS. Analysts expect that Voya Financial, Inc. will post 8.39 EPS for the current fiscal year.

Voya Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Tuesday, August 26th were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend was Tuesday, August 26th. Voya Financial’s payout ratio is presently 36.00%.

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.