3,751 Shares in Voya Financial, Inc. $VOYA Bought by Petrus Trust Company LTA

Key Points

• Petrus Trust Company LTA acquired 3,751 shares of Voya Financial, valued at approximately $254,000, enhancing its position in the firm during the first quarter.
• Several institutional investors, including Greenleaf Trust and Fifth Third Bancorp, increased their stakes in Voya Financial, with total institutional ownership at 96.10% of the company's stock.
• Voya Financial reported earnings of $2.40 per share, surpassing estimates, and announced a quarterly dividend of $0.45, yielding 2.4% annually.

Petrus Trust Company LTA acquired a new stake in Voya Financial, Inc. (NYSE:VOYA - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 3,751 shares of the asset manager's stock, valued at approximately $254,000.

A number of other large investors have also recently added to or reduced their stakes in VOYA. BNP Paribas Financial Markets boosted its holdings in Voya Financial by 87.1% during the fourth quarter. BNP Paribas Financial Markets now owns 106,412 shares of the asset manager's stock worth $7,324,000 after buying an additional 49,534 shares in the last quarter. Cetera Investment Advisers boosted its holdings in Voya Financial by 42.4% during the fourth quarter. Cetera Investment Advisers now owns 7,391 shares of the asset manager's stock worth $509,000 after buying an additional 2,200 shares in the last quarter. EP Wealth Advisors LLC boosted its holdings in Voya Financial by 8.8% during the fourth quarter. EP Wealth Advisors LLC now owns 4,461 shares of the asset manager's stock worth $307,000 after buying an additional 361 shares in the last quarter. Deutsche Bank AG boosted its holdings in Voya Financial by 185.4% during the fourth quarter. Deutsche Bank AG now owns 55,284 shares of the asset manager's stock worth $3,805,000 after buying an additional 120,010 shares in the last quarter. Finally, Ethic Inc. boosted its holdings in Voya Financial by 4.0% during the fourth quarter. Ethic Inc. now owns 12,049 shares of the asset manager's stock worth $829,000 after buying an additional 465 shares in the last quarter. 96.10% of the stock is currently owned by institutional investors.

Voya Financial Price Performance

Shares of NYSE VOYA traded up $0.05 during trading on Monday, reaching $77.24. The company had a trading volume of 101,955 shares, compared to its average volume of 922,509. Voya Financial, Inc. has a 52 week low of $52.43 and a 52 week high of $84.30. The stock has a market cap of $7.45 billion, a PE ratio of 15.45, a PEG ratio of 0.61 and a beta of 1.00. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.28 and a current ratio of 0.28. The business's 50 day moving average price is $73.28 and its 200-day moving average price is $68.17.

Voya Financial (NYSE:VOYA - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The asset manager reported $2.40 earnings per share for the quarter, topping analysts' consensus estimates of $2.09 by $0.31. The business had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $1.94 billion. Voya Financial had a net margin of 6.73% and a return on equity of 13.72%. Voya Financial's revenue for the quarter was down 2.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.18 earnings per share. Analysts expect that Voya Financial, Inc. will post 8.39 earnings per share for the current year.

Voya Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 26th. Investors of record on Tuesday, August 26th will be issued a dividend of $0.45 per share. The ex-dividend date is Tuesday, August 26th. This represents a $1.80 dividend on an annualized basis and a yield of 2.3%. Voya Financial's payout ratio is currently 36.00%.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Morgan Stanley upped their price target on shares of Voya Financial from $89.00 to $90.00 and gave the company an "overweight" rating in a research report on Monday, August 18th. Barclays upped their price target on shares of Voya Financial from $70.00 to $75.00 and gave the company an "equal weight" rating in a research report on Monday, July 7th. UBS Group upped their price target on shares of Voya Financial from $87.00 to $90.00 and gave the company a "buy" rating in a research report on Wednesday, August 6th. JPMorgan Chase & Co. upped their price target on shares of Voya Financial from $80.00 to $89.00 and gave the company a "neutral" rating in a research report on Tuesday, July 8th. Finally, Wells Fargo & Company upped their price target on shares of Voya Financial from $76.00 to $82.00 and gave the company an "equal weight" rating in a research report on Thursday, July 10th. Six analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, Voya Financial currently has an average rating of "Moderate Buy" and a consensus target price of $83.70.

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.