WINTON GROUP Ltd Purchases Shares of 78,508 Voya Financial, Inc. (NYSE:VOYA)

WINTON GROUP Ltd acquired a new position in shares of Voya Financial, Inc. (NYSE:VOYA) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 78,508 shares of the asset manager’s stock, valued at approximately $5,404,000. WINTON GROUP Ltd owned about 0.08% of Voya Financial at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Jones Financial Companies Lllp increased its holdings in Voya Financial by 81.0% during the fourth quarter. Jones Financial Companies Lllp now owns 409 shares of the asset manager’s stock worth $28,000 after buying an additional 183 shares during the last quarter. SRS Capital Advisors Inc. increased its stake in shares of Voya Financial by 207.0% during the 4th quarter. SRS Capital Advisors Inc. now owns 485 shares of the asset manager’s stock worth $33,000 after purchasing an additional 327 shares during the last quarter. R Squared Ltd bought a new stake in shares of Voya Financial in the 4th quarter valued at about $41,000. Venturi Wealth Management LLC lifted its stake 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 purchasing an additional 201 shares during the last quarter. Finally, Brooklyn Investment Group bought a new position in Voya Financial during the third quarter worth about $79,000. Institutional investors own 96.10% of the company’s stock.

Voya Financial Stock Performance

NYSE VOYA opened at $70.02 on Thursday. Voya Financial, Inc. has a 12-month low of $64.10 and a 12-month high of $84.30. The firm has a 50-day moving average price of $70.51 and a two-hundred day moving average price of $74.48. The company has a market capitalization of $6.69 billion, a P/E ratio of 11.44, a P/E/G ratio of 0.48 and a beta of 1.03. The company has a quick ratio of 0.31, a current ratio of 0.30 and a debt-to-equity ratio of 0.59.

Voya Financial (NYSE:VOYA) last issued its quarterly earnings results on Tuesday, February 4th. The asset manager reported $1.50 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.15 by ($0.65). Voya Financial had a return on equity of 14.10% and a net margin of 8.29%. Analysts anticipate that Voya Financial, Inc. will post 8.39 earnings per share for the current year.

Voya Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Tuesday, February 25th will be paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 2.57%. The ex-dividend date is Tuesday, February 25th. Voya Financial’s dividend payout ratio (DPR) is presently 29.41%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on VOYA. Keefe, Bruyette & Woods cut their price objective on Voya Financial from $90.00 to $84.00 and set an “outperform” rating for the company in a research report on Wednesday, February 5th. Barclays cut Voya Financial from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 6th. Bank of America reaffirmed a “neutral” rating and set a $83.00 price objective (down from $91.00) on shares of Voya Financial in a research report on Wednesday, December 11th. Morgan Stanley raised shares of Voya Financial from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $76.00 to $87.00 in a research report on Friday, February 28th. Finally, Royal Bank of Canada reduced their target price on shares of Voya Financial from $90.00 to $85.00 and set an “outperform” rating for the company in a report on Monday, February 3rd. Six investment analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Voya Financial has an average rating of “Moderate Buy” and an average price target of $83.55.

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.