1 week Ago By ABMN Staff
JPMorgan Chase & Co. raised its stake in shares of Voya Financial, Inc. ( NYSE:VOYA – Free Report ) by 13.
9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 249,935 shares of the asset manager’s stock after purchasing an additional 30,419 shares during the period. JPMorgan Chase & Co.
owned 0.26% of Voya Financial worth $17,203,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Several other institutional investors have also modified their holdings of VOYA.
Bank of New York Mellon Corp raised its holdings in Voya Financial by 15.7% during the 4th quarter. Bank of New York Mellon Corp now owns 6,472,277 shares of the asset manager’s stock valued at $445,487,000 after buying an additional 876,399 shares during the period.
Impax Asset Management Group plc increased its position in Voya Financial by 277.8% during the fourth quarter. Impax Asset Management Group plc now owns 2,898,785 shares of the asset manager’s stock valued at $199,062,000 after acquiring an additional 2,131,578 shares during the last quarter.
GW&K Investment Management LLC raised its stake in shares of Voya Financial by 0.8% in the fourth quarter. GW&K Investment Management LLC now owns 1,012,964 shares of the asset manager’s stock valued at $69,722,000 after acquiring an additional 8,024 shares during the period.
Wealthfront Advisers LLC bought a new stake in shares of Voya Financial in the 4th quarter worth about $67,214,000. Finally, Hennessy Advisors Inc. bought a new stake in shares of Voya Financial in the 4th quarter worth about $47,155,000.
96.10% of the stock is owned by institutional investors. Analysts Set New Price Targets VOYA has been the topic of a number of recent analyst reports.
Wells Fargo & Company decreased their price objective on shares of Voya Financial from $79.00 to $69.00 and set an “equal weight” rating for the company in a research note on Thursday.
Bank of America reissued an “underperform” rating and set a $71.00 price target (down from $79.00) on shares of Voya Financial in a research note on Friday, March 28th.
JPMorgan Chase & Co. cut their price objective on Voya Financial from $81.00 to $80.
00 and set a “neutral” rating on the stock in a research report on Wednesday, April 2nd. Morgan Stanley upgraded Voya Financial from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $76.00 to $87.
00 in a research report on Friday, February 28th. Finally, Royal Bank of Canada cut their price target on shares of Voya Financial from $90.00 to $85.
00 and set an “outperform” rating on the stock in a report on Monday, February 3rd. One analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the company. According to MarketBeat.
com, Voya Financial presently has an average rating of “Hold” and a consensus price target of $80.92. Voya Financial Stock Performance VOYA stock opened at $56.
50 on Friday. Voya Financial, Inc. has a one year low of $52.
43 and a one year high of $84.30. The firm has a market cap of $5.
40 billion, a price-to-earnings ratio of 9.23, a PEG ratio of 0.48 and a beta of 0.
93. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.
31 and a current ratio of 0.30. The firm has a 50-day simple moving average of $68.
02 and a two-hundred day simple moving average of $73.08. Voya Financial ( NYSE:VOYA – Get Free Report ) last posted its earnings results on Tuesday, February 4th.
The asset manager reported $1.50 EPS for the quarter, missing analysts’ consensus estimates of $2.15 by ($0.
65). Voya Financial had a net margin of 8.29% and a return on equity of 14.
10%. On average, equities analysts forecast that Voya Financial, Inc. will post 8.
39 EPS for the current fiscal year. Voya Financial Announces Dividend The firm also recently announced 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.
19%. The ex-dividend date was Tuesday, February 25th. Voya Financial’s dividend payout ratio is currently 29.
41%. Voya Financial Company Profile ( Free Report ) 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. Featured Stories 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 .
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