Tudor Investment Corp ET AL Purchases Shares of 90,401 Voya Financial, Inc. (NYSE:VOYA)

Tudor Investment Corp ET AL purchased a new stake in Voya Financial, Inc. (NYSE:VOYA - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 90,401 shares of the asset manager's stock, valued at approximately $6,222,000. Tudor Investment Corp ET AL owned about 0.09% of Voya Financial at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Barclays PLC increased its stake in Voya Financial by 48.2% in the 3rd quarter. Barclays PLC now owns 48,890 shares of the asset manager's stock valued at $3,872,000 after buying an additional 15,902 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in Voya Financial during the third quarter worth about $209,000. Retirement Systems of Alabama lifted its position in Voya Financial by 8.2% in the third quarter. Retirement Systems of Alabama now owns 272,339 shares of the asset manager's stock valued at $21,575,000 after purchasing an additional 20,750 shares during the period. Miracle Mile Advisors LLC purchased a new stake in Voya Financial in the 4th quarter valued at approximately $1,379,000. Finally, Oak Thistle LLC purchased a new stake in Voya Financial in the 4th quarter valued at approximately $301,000. Institutional investors and hedge funds own 96.10% of the company's stock.

Voya Financial Trading Up 3.6 %

Shares of NYSE:VOYA traded up $2.10 during trading on Friday, reaching $61.10. The stock had a trading volume of 779,890 shares, compared to its average volume of 857,147. The company has a quick ratio of 0.31, a current ratio of 0.30 and a debt-to-equity ratio of 0.59. The stock has a market cap of $5.88 billion, a P/E ratio of 9.98, a PEG ratio of 0.48 and a beta of 0.95. The business has a fifty day moving average price of $63.52 and a 200-day moving average price of $70.85. Voya Financial, Inc. has a fifty-two week low of $52.43 and a fifty-two week high of $84.30.

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

Voya Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 26th. Shareholders of record on Tuesday, May 27th will be paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 2.95%. The ex-dividend date is Tuesday, May 27th. Voya Financial's payout ratio is 29.41%.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on VOYA. Wells Fargo & Company dropped their price objective on Voya Financial from $79.00 to $69.00 and set an "equal weight" rating on the stock in a report on Thursday, April 10th. UBS Group decreased their price objective on shares of Voya Financial from $94.00 to $89.00 and set a "buy" rating on the stock in a report on Wednesday, April 2nd. Barclays reduced their price target on shares of Voya Financial from $75.00 to $66.00 and set an "equal weight" rating for the company in a research report on Friday, April 11th. JPMorgan Chase & Co. reduced their price objective on Voya Financial from $81.00 to $80.00 and set a "neutral" rating for the company in a report on Wednesday, April 2nd. Finally, Royal Bank of Canada lowered their target price on Voya Financial from $90.00 to $85.00 and set an "outperform" rating on the stock in a report on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $80.92.

Voya Financial 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.