Voya Financial, Inc. (NYSE:VOYA) Shares Purchased by Oak Thistle LLC

Oak Thistle LLC raised its position in Voya Financial, Inc. (NYSE:VOYA - Free Report) by 246.0% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 15,111 shares of the asset manager's stock after purchasing an additional 10,744 shares during the period. Oak Thistle LLC's holdings in Voya Financial were worth $1,024,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Greenleaf Trust grew its holdings in Voya Financial by 3.1% in the first quarter. Greenleaf Trust now owns 6,301 shares of the asset manager's stock valued at $427,000 after purchasing an additional 190 shares during the last quarter. State of Michigan Retirement System increased its stake in shares of Voya Financial by 0.9% during the 1st quarter. State of Michigan Retirement System now owns 23,016 shares of the asset manager's stock worth $1,560,000 after purchasing an additional 200 shares in the last quarter. Fifth Third Bancorp increased its stake in shares of Voya Financial by 13.7% during the 1st quarter. Fifth Third Bancorp now owns 1,747 shares of the asset manager's stock worth $118,000 after purchasing an additional 211 shares in the last quarter. Fifth Third Wealth Advisors LLC increased its stake in shares of Voya Financial by 5.7% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 4,427 shares of the asset manager's stock worth $300,000 after purchasing an additional 237 shares in the last quarter. Finally, Blue Trust Inc. increased its stake in shares of Voya Financial by 36.9% during the 1st quarter. Blue Trust Inc. now owns 950 shares of the asset manager's stock worth $64,000 after purchasing an additional 256 shares in the last quarter. Institutional investors and hedge funds own 96.10% of the company's stock.

Insider Buying and Selling at Voya Financial

In related news, Director Yvette S. Butler sold 1,700 shares of the firm's stock in a transaction on Tuesday, May 27th. The shares were sold at an average price of $66.18, for a total transaction of $112,506.00. Following the completion of the sale, the director directly owned 355 shares of the company's stock, valued at approximately $23,493.90. This trade represents a 82.73% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.99% of the company's stock.

Voya Financial Trading Up 0.0%

Shares of VOYA traded up $0.03 during mid-day trading on Friday, reaching $71.83. The company had a trading volume of 743,058 shares, compared to its average volume of 939,230. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.58. The stock has a market cap of $6.91 billion, a price-to-earnings ratio of 13.55, a price-to-earnings-growth ratio of 0.67 and a beta of 1.00. The firm has a fifty day simple moving average of $69.27 and a 200-day simple moving average of $67.54. Voya Financial, Inc. has a fifty-two week low of $52.43 and a fifty-two week high of $84.30.

Voya Financial (NYSE:VOYA - Get Free Report) last issued its quarterly earnings data on Tuesday, May 6th. The asset manager reported $2.15 EPS for the quarter, topping analysts' consensus estimates of $1.59 by $0.56. Voya Financial had a return on equity of 14.05% and a net margin of 7.18%. The company had revenue of $1.97 billion for the quarter, compared to analysts' expectations of $1.94 billion. During the same quarter in the previous year, the firm posted $1.77 earnings per share. The firm's quarterly revenue was down 4.0% on a year-over-year basis. On average, sell-side analysts anticipate that Voya Financial, Inc. will post 8.39 EPS for the current fiscal year.

Voya Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 26th. Stockholders of record on Tuesday, May 27th were paid a dividend of $0.45 per share. The ex-dividend date of this dividend was Tuesday, May 27th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.51%. Voya Financial's dividend payout ratio is currently 33.96%.

Analysts Set New Price Targets

VOYA has been the subject of a number of recent research reports. UBS Group dropped their price objective on shares of Voya Financial from $89.00 to $88.00 and set a "buy" rating for the company in a research note on Friday, May 23rd. Wells Fargo & Company boosted their price target on Voya Financial from $76.00 to $82.00 and gave the company an "equal weight" rating in a report on Thursday, July 10th. Keefe, Bruyette & Woods increased their price target on Voya Financial from $80.00 to $83.00 and gave the stock an "outperform" rating in a research note on Tuesday, May 13th. JPMorgan Chase & Co. upped their target price on Voya Financial from $80.00 to $89.00 and gave the company a "neutral" rating in a research note on Tuesday, July 8th. Finally, Barclays upped their price objective on shares of Voya Financial from $70.00 to $75.00 and gave the company an "equal weight" rating in a research note on Monday, July 7th. One analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $83.50.

Voya Financial Company 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.