Universal Beteiligungs und Servicegesellschaft mbH Takes $4 Million Position in Voya Financial, Inc. (NYSE:VOYA)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Voya Financial, Inc. (NYSE:VOYA - Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 59,061 shares of the asset manager's stock, valued at approximately $4,002,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.06% of Voya Financial as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Kelly Financial Group LLC bought a new position in shares of Voya Financial during the first quarter valued at $270,680,000. Pzena Investment Management LLC grew its holdings in Voya Financial by 0.9% in the first quarter. Pzena Investment Management LLC now owns 3,599,164 shares of the asset manager's stock worth $243,879,000 after purchasing an additional 32,061 shares during the period. FMR LLC grew its holdings in Voya Financial by 10.5% in the fourth quarter. FMR LLC now owns 3,185,726 shares of the asset manager's stock worth $219,274,000 after purchasing an additional 301,682 shares during the period. Geode Capital Management LLC grew its holdings in shares of Voya Financial by 1.4% during the fourth quarter. Geode Capital Management LLC now owns 1,685,642 shares of the asset manager's stock valued at $116,058,000 after buying an additional 23,818 shares during the last quarter. Finally, First Trust Advisors LP grew its holdings in shares of Voya Financial by 52.9% during the fourth quarter. First Trust Advisors LP now owns 1,437,597 shares of the asset manager's stock valued at $98,950,000 after buying an additional 497,348 shares during the last quarter. Institutional investors and hedge funds own 96.10% of the company's stock.

Voya Financial Trading Down 0.9%

Voya Financial stock opened at $71.18 on Tuesday. The stock has a market cap of $6.85 billion, a P/E ratio of 13.43, a PEG ratio of 0.66 and a beta of 1.00. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.28 and a quick ratio of 0.28. Voya Financial, Inc. has a 1 year low of $52.43 and a 1 year high of $84.30. The firm's 50 day moving average price is $69.36 and its 200-day moving average price is $67.58.

Voya Financial (NYSE:VOYA - Get Free Report) last posted its earnings results on Tuesday, May 6th. The asset manager reported $2.15 earnings per share for the quarter, beating analysts' consensus estimates of $1.59 by $0.56. The firm had revenue of $1.97 billion during the quarter, compared to analyst estimates of $1.94 billion. Voya Financial had a net margin of 7.18% and a return on equity of 14.05%. Voya Financial's revenue for the quarter was down 4.0% compared to the same quarter last year. During the same period last year, the firm posted $1.77 earnings per share. On average, equities analysts predict that Voya Financial, Inc. will post 8.39 earnings per share for the current fiscal year.

Insider Buying and Selling at Voya Financial

In related news, Director Yvette S. Butler sold 1,700 shares of Voya Financial stock in a transaction dated Tuesday, May 27th. The stock was sold at an average price of $66.18, for a total value of $112,506.00. Following the completion of the sale, the director directly owned 355 shares in the company, valued at $23,493.90. The trade was a 82.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.37% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on VOYA. Keefe, Bruyette & Woods lifted their price objective on shares of Voya Financial from $80.00 to $83.00 and gave the company an "outperform" rating in a report on Tuesday, May 13th. UBS Group cut their price target on shares of Voya Financial from $89.00 to $88.00 and set a "buy" rating on the stock in a report on Friday, May 23rd. Barclays lifted their price objective on shares of Voya Financial from $70.00 to $75.00 and gave the stock an "equal weight" rating in a research report on Monday, July 7th. JPMorgan Chase & Co. boosted 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 target price on shares of Voya Financial from $76.00 to $82.00 and gave the stock an "equal weight" rating in a report on Thursday, July 10th. One research 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, Voya Financial currently has an average rating of "Hold" and an average target price of $83.50.

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.

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