Voya Financial, Inc. (NYSE:VOYA) Shares Acquired by BNP Paribas Financial Markets

BNP Paribas Financial Markets lifted its holdings in Voya Financial, Inc. (NYSE:VOYA - Free Report) by 87.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 106,412 shares of the asset manager's stock after buying an additional 49,534 shares during the quarter. BNP Paribas Financial Markets owned approximately 0.11% of Voya Financial worth $7,324,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Algert Global LLC boosted its position in Voya Financial by 21.5% during the 4th quarter. Algert Global LLC now owns 51,606 shares of the asset manager's stock valued at $3,552,000 after acquiring an additional 9,133 shares in the last quarter. AQR Capital Management LLC boosted its position in shares of Voya Financial by 2.3% in the 4th quarter. AQR Capital Management LLC now owns 514,878 shares of the asset manager's stock worth $35,439,000 after purchasing an additional 11,804 shares in the last quarter. Northern Trust Corp boosted its position in shares of Voya Financial by 14.5% in the 4th quarter. Northern Trust Corp now owns 1,335,463 shares of the asset manager's stock worth $91,920,000 after purchasing an additional 168,777 shares in the last quarter. Tudor Investment Corp ET AL acquired a new stake in shares of Voya Financial in the 4th quarter worth $6,222,000. Finally, Quarry LP acquired a new stake in shares of Voya Financial in the 4th quarter worth $37,000. 96.10% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

VOYA has been the subject of a number of research reports. UBS Group lowered their price target on Voya Financial from $94.00 to $89.00 and set a "buy" rating for the company 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 price objective for the company from $76.00 to $87.00 in a research note on Friday, February 28th. Barclays set a $70.00 price objective on Voya Financial in a research note on Wednesday, May 7th. Keefe, Bruyette & Woods lifted their price target on Voya Financial from $80.00 to $83.00 and gave the company an "outperform" rating in a research note on Tuesday, May 13th. Finally, Wells Fargo & Company boosted their target price on Voya Financial from $69.00 to $76.00 and gave the stock an "equal weight" rating in a report on Thursday, May 8th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, Voya Financial currently has an average rating of "Hold" and a consensus target price of $82.08.

Voya Financial Trading Up 0.6%

NYSE:VOYA traded up $0.44 during trading hours on Friday, reaching $69.46. 724,638 shares of the stock were exchanged, compared to its average volume of 874,699. 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 business has a 50-day moving average of $62.87 and a two-hundred day moving average of $69.74. Voya Financial, Inc. has a twelve month low of $52.43 and a twelve month high of $84.30. The company has a market capitalization of $6.68 billion, a price-to-earnings ratio of 11.35, a PEG ratio of 0.48 and a beta of 0.95.

Voya Financial (NYSE:VOYA - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The asset manager reported $2.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.59 by $0.56. The business had revenue of $1.97 billion for 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 company's revenue for the quarter was down 4.0% compared to the same quarter last year. During the same period last year, the firm earned $1.77 earnings per share. On average, equities analysts predict that Voya Financial, Inc. will post 8.39 EPS for the current year.

Voya Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 26th. Stockholders of record on Tuesday, May 27th will be paid a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 2.59%. The ex-dividend date is Tuesday, May 27th. Voya Financial's payout ratio is currently 33.96%.

About Voya Financial

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.