Cadence Bank Raises Holdings in Voya Financial, Inc. $VOYA

Key Points

• Cadence Bank increased its Voya stake by 43.6% in Q4, adding 21,471 shares to hold 70,770 shares worth about $5.27M (≈0.07% of the company).
• Analyst coverage is mixed but leans positive: seven Buys, three Holds and one Sell yield a consensus rating of "Moderate Buy" and a consensus target price of $85.50, with TD Cowen initiating a $100 target while some firms trimmed theirs to the mid‑$80s or lower.
• Voya posted Q4 EPS of $1.94 (missed estimates) and revenue of $2.01B (beat), trades near $81.78 with a $7.55B market cap, and pays a $1.88 annual dividend (≈2.3% yield, ~29.9% payout ratio).

Cadence Bank boosted its holdings in shares of Voya Financial, Inc. (NYSE:VOYA - Free Report) by 43.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 70,770 shares of the asset manager's stock after buying an additional 21,471 shares during the quarter. Cadence Bank owned approximately 0.07% of Voya Financial worth $5,272,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Allworth Financial LP grew its holdings in Voya Financial by 75.5% in the third quarter. Allworth Financial LP now owns 351 shares of the asset manager's stock worth $26,000 after purchasing an additional 151 shares during the last quarter. Trail Ridge Investment Advisors LLC grew its holdings in Voya Financial by 2.0% in the third quarter. Trail Ridge Investment Advisors LLC now owns 8,317 shares of the asset manager's stock worth $622,000 after purchasing an additional 166 shares during the last quarter. Fifth Third Wealth Advisors LLC grew its holdings in Voya Financial by 4.7% in the third quarter. Fifth Third Wealth Advisors LLC now owns 4,520 shares of the asset manager's stock worth $338,000 after purchasing an additional 201 shares during the last quarter. Park Avenue Securities LLC grew its holdings in Voya Financial by 1.5% in the third quarter. Park Avenue Securities LLC now owns 14,677 shares of the asset manager's stock worth $1,098,000 after purchasing an additional 215 shares during the last quarter. Finally, GAMMA Investing LLC grew its holdings in Voya Financial by 7.8% in the fourth quarter. GAMMA Investing LLC now owns 2,976 shares of the asset manager's stock worth $222,000 after purchasing an additional 216 shares during the last quarter. 96.10% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

VOYA has been the topic of several analyst reports. Royal Bank Of Canada lifted their price target on shares of Voya Financial from $85.00 to $87.00 and gave the stock an "outperform" rating in a report on Monday, February 9th. TD Cowen initiated coverage on shares of Voya Financial in a report on Monday, April 20th. They issued a "buy" rating and a $100.00 price target on the stock. UBS Group cut their price target on shares of Voya Financial from $90.00 to $87.00 and set a "buy" rating on the stock in a report on Thursday, April 9th. Bank of America cut their price target on shares of Voya Financial from $72.00 to $70.00 and set an "underperform" rating on the stock in a report on Tuesday, April 14th. Finally, Morgan Stanley cut their price target on shares of Voya Financial from $93.00 to $86.00 and set an "overweight" rating on the stock in a report on Tuesday, March 3rd. Seven investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $85.50.

Voya Financial Trading Up 1.8%

NYSE VOYA opened at $81.78 on Tuesday. The company has a market capitalization of $7.55 billion, a PE ratio of 13.00, a P/E/G ratio of 0.54 and a beta of 0.86. The company has a fifty day moving average of $70.27 and a 200 day moving average of $72.58. Voya Financial, Inc. has a 1 year low of $57.74 and a 1 year high of $82.46. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.27 and a quick ratio of 0.27.

Voya Financial (NYSE:VOYA - Get Free Report) last posted its earnings results on Tuesday, February 3rd. The asset manager reported $1.94 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.11 by ($0.17). The business had revenue of $2.01 billion for the quarter, compared to analyst estimates of $1.99 billion. Voya Financial had a net margin of 7.99% and a return on equity of 13.96%. The company's revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.40 earnings per share. Research analysts forecast that Voya Financial, Inc. will post 9.74 earnings per share for the current year.

Voya Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Wednesday, February 25th were given a dividend of $0.47 per share. The ex-dividend date was Wednesday, February 25th. This represents a $1.88 dividend on an annualized basis and a yield of 2.3%. Voya Financial's payout ratio is currently 29.89%.

Voya Financial Profile

Voya Financial, Inc NYSE: VOYA is a financial services company headquartered in New York City, focused on helping Americans plan, invest and protect their savings. The company traces its roots to the U.S. operations of ING Group, which were spun off in 2013 and rebranded as Voya Financial in 2014. Voya's operations are built around a customer-centric approach, drawing on decades of experience in retirement planning and risk management to serve both individual and institutional clients.

Voya's core business activities span three key segments: Retirement, Investment Management and Employee Benefits.

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