Centiva Capital LP Makes New $595,000 Investment in Voya Financial, Inc. (NYSE:VOYA)

Centiva Capital LP purchased a new stake in Voya Financial, Inc. (NYSE:VOYA - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 8,650 shares of the asset manager's stock, valued at approximately $595,000.

Several other large investors have also modified their holdings of VOYA. Bank of New York Mellon Corp boosted its stake in Voya Financial by 15.7% during the fourth quarter. Bank of New York Mellon Corp now owns 6,472,277 shares of the asset manager's stock worth $445,487,000 after buying an additional 876,399 shares during the period. FMR LLC lifted its stake in Voya Financial by 10.5% during the 4th quarter. FMR LLC now owns 3,185,726 shares of the asset manager's stock worth $219,274,000 after acquiring an additional 301,682 shares in the last quarter. Impax Asset Management Group plc lifted its stake in Voya Financial by 277.8% during the 4th quarter. Impax Asset Management Group plc now owns 2,898,785 shares of the asset manager's stock worth $199,062,000 after acquiring an additional 2,131,578 shares in the last quarter. Geode Capital Management LLC lifted its stake in Voya Financial by 1.4% during the 4th quarter. Geode Capital Management LLC now owns 1,685,642 shares of the asset manager's stock worth $116,058,000 after acquiring an additional 23,818 shares in the last quarter. Finally, First Trust Advisors LP lifted its stake in Voya Financial by 52.9% during the 4th quarter. First Trust Advisors LP now owns 1,437,597 shares of the asset manager's stock worth $98,950,000 after acquiring an additional 497,348 shares in the last quarter. Institutional investors and hedge funds own 96.10% of the company's stock.

Analyst Ratings Changes

VOYA has been the topic of several research reports. JPMorgan Chase & Co. decreased their target price on Voya Financial from $81.00 to $80.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 2nd. UBS Group decreased their target price on Voya Financial from $94.00 to $89.00 and set a "buy" rating on the stock in a research note on Wednesday, April 2nd. Barclays set a $70.00 price target on Voya Financial in a report on Wednesday, May 7th. Royal Bank of Canada cut their price target on Voya Financial from $90.00 to $85.00 and set an "outperform" rating on the stock in a report on Monday, February 3rd. Finally, Keefe, Bruyette & Woods upped their price target on Voya Financial from $80.00 to $83.00 and gave the stock an "outperform" rating in a report on Tuesday. One analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $82.08.

Voya Financial Stock Down 0.1%

Shares of NYSE VOYA traded down $0.07 during midday trading on Tuesday, hitting $69.71. 675,929 shares of the company's stock were exchanged, compared to its average volume of 871,775. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.30 and a quick ratio of 0.31. Voya Financial, Inc. has a twelve month low of $52.43 and a twelve month high of $84.30. The company has a market cap of $6.71 billion, a PE ratio of 11.39, a P/E/G ratio of 0.48 and a beta of 0.95. The firm's fifty day simple moving average is $62.84 and its 200-day simple moving average is $70.05.

Voya Financial (NYSE:VOYA - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The asset manager reported $2.15 EPS for the quarter, topping the consensus estimate of $1.59 by $0.56. The company had revenue of $1.97 billion for the quarter, compared to analyst estimates of $1.94 billion. Voya Financial had a return on equity of 14.10% and a net margin of 8.29%. The firm's revenue was down 4.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.77 earnings per share. Research analysts predict that Voya Financial, Inc. will post 8.39 EPS for the current fiscal year.

Voya Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 26th. Shareholders of record on Tuesday, May 27th will be given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 2.58%. The ex-dividend date is Tuesday, May 27th. Voya Financial's dividend payout ratio (DPR) is 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.