Nomura Holdings Inc. Takes Position in Voya Financial, Inc. (NYSE:VOYA)

Nomura Holdings Inc. purchased a new stake in shares of Voya Financial, Inc. (NYSE:VOYA - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 12,767 shares of the asset manager's stock, valued at approximately $879,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. LRI Investments LLC lifted its stake in Voya Financial by 26.1% during the 4th quarter. LRI Investments LLC now owns 1,310 shares of the asset manager's stock valued at $90,000 after acquiring an additional 271 shares during the period. Janus Henderson Group PLC lifted its position in Voya Financial by 3.5% during the fourth quarter. Janus Henderson Group PLC now owns 44,116 shares of the asset manager's stock valued at $3,036,000 after purchasing an additional 1,500 shares during the period. Ethic Inc. lifted its position in Voya Financial by 4.0% during the fourth quarter. Ethic Inc. now owns 12,049 shares of the asset manager's stock valued at $829,000 after purchasing an additional 465 shares during the period. Deutsche Bank AG lifted its position in Voya Financial by 185.4% during the fourth quarter. Deutsche Bank AG now owns 55,284 shares of the asset manager's stock valued at $3,805,000 after purchasing an additional 120,010 shares during the period. Finally, EP Wealth Advisors LLC lifted its position 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 valued at $307,000 after purchasing an additional 361 shares during the period. Institutional investors own 96.10% of the company's stock.

Voya Financial Price Performance

NYSE VOYA opened at $69.27 on Tuesday. Voya Financial, Inc. has a 12 month low of $52.43 and a 12 month high of $84.30. The stock has a market cap of $6.66 billion, a price-to-earnings ratio of 11.32, a PEG ratio of 0.48 and a beta of 0.95. The company's 50 day moving average is $62.93 and its two-hundred day moving average is $69.66. The company has a current ratio of 0.30, a quick ratio of 0.31 and a debt-to-equity ratio of 0.59.

Voya Financial (NYSE:VOYA - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The asset manager reported $2.15 EPS for the quarter, beating the consensus estimate of $1.59 by $0.56. The firm had revenue of $1.97 billion for the quarter, compared to the consensus estimate of $1.94 billion. Voya Financial had a net margin of 8.29% and a return on equity of 14.10%. The company's revenue was down 4.0% on a year-over-year basis. During the same period last year, the firm earned $1.77 EPS. As a group, research analysts anticipate that Voya Financial, Inc. will post 8.39 earnings per share for the current 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 issued a dividend of $0.45 per share. The ex-dividend date is Tuesday, May 27th. This represents a $1.80 dividend on an annualized basis and a yield of 2.60%. Voya Financial's dividend payout ratio is presently 33.96%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on VOYA shares. Wells Fargo & Company increased their price target on Voya Financial from $69.00 to $76.00 and gave the company an "equal weight" rating in a report on Thursday, May 8th. Morgan Stanley increased their target price on Voya Financial from $70.00 to $86.00 and gave the company an "overweight" rating in a report on Monday. Keefe, Bruyette & Woods increased their price objective on shares of Voya Financial from $80.00 to $83.00 and gave the stock an "outperform" rating in a research note on Tuesday, May 13th. Barclays set a $70.00 price objective on shares of Voya Financial in a research note on Wednesday, May 7th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Voya Financial from $81.00 to $80.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 2nd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $82.00.

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.

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