Voya Financial, Inc. (NYSE:VOYA) Shares Purchased by Two Sigma Advisers LP

Two Sigma Advisers LP boosted its stake in Voya Financial, Inc. (NYSE:VOYA - Free Report) by 25.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 133,700 shares of the asset manager's stock after acquiring an additional 26,800 shares during the quarter. Two Sigma Advisers LP owned 0.14% of Voya Financial worth $9,203,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Wealthspire Advisors LLC grew its position in shares of Voya Financial by 5.3% in the fourth quarter. Wealthspire Advisors LLC now owns 2,967 shares of the asset manager's stock valued at $204,000 after purchasing an additional 148 shares during the period. CIBC Asset Management Inc increased its stake in Voya Financial by 5.7% during the 4th quarter. CIBC Asset Management Inc now owns 3,307 shares of the asset manager's stock worth $228,000 after buying an additional 177 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in shares of Voya Financial by 81.0% during the fourth quarter. Jones Financial Companies Lllp now owns 409 shares of the asset manager's stock valued at $28,000 after acquiring an additional 183 shares during the last quarter. Parkside Financial Bank & Trust raised its holdings in shares of Voya Financial by 13.6% during the fourth quarter. Parkside Financial Bank & Trust now owns 1,532 shares of the asset manager's stock valued at $105,000 after acquiring an additional 184 shares during the last quarter. Finally, Venturi Wealth Management LLC lifted its position in shares of Voya Financial by 45.0% in the fourth quarter. Venturi Wealth Management LLC now owns 648 shares of the asset manager's stock valued at $45,000 after acquiring an additional 201 shares in the last quarter. Hedge funds and other institutional investors own 96.10% of the company's stock.

Insider Activity at Voya Financial

In related news, Director Yvette S. Butler sold 1,700 shares of the company's stock in a transaction that occurred 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 sale, the director now directly owns 355 shares of the company's stock, valued at $23,493.90. This represents a 82.73% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.37% of the company's stock.

Voya Financial Trading Up 2.2%

VOYA traded up $1.45 on Tuesday, hitting $67.19. The company had a trading volume of 676,461 shares, compared to its average volume of 877,630. The company's fifty day moving average price is $62.91 and its 200 day moving average price is $69.21. Voya Financial, Inc. has a 1 year low of $52.43 and a 1 year high of $84.30. The company has a current ratio of 0.30, a quick ratio of 0.31 and a debt-to-equity ratio of 0.59. The firm has a market cap of $6.46 billion, a P/E ratio of 10.98, a PEG ratio of 0.48 and a beta of 0.95.

Voya Financial (NYSE:VOYA - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The asset manager reported $2.15 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.59 by $0.56. The business 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 business's revenue was down 4.0% on a year-over-year basis. During the same period in the previous year, the firm earned $1.77 EPS. As a group, equities analysts expect that Voya Financial, Inc. will post 8.39 earnings per share for the current year.

Voya Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 26th. Stockholders of record on Tuesday, May 27th will be paid a $0.45 dividend. The ex-dividend date is Tuesday, May 27th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.68%. Voya Financial's payout ratio is presently 33.96%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on VOYA. Royal Bank of Canada dropped their target price on shares of Voya Financial from $90.00 to $85.00 and set an "outperform" rating for the company in a report on Monday, February 3rd. JPMorgan Chase & Co. dropped their price objective on shares of Voya Financial from $81.00 to $80.00 and set a "neutral" rating for the company in a research note on Wednesday, April 2nd. Morgan Stanley increased their price objective on shares of Voya Financial from $70.00 to $86.00 and gave the company an "overweight" rating in a report on Monday, May 19th. Barclays set a $70.00 target price on Voya Financial in a report on Wednesday, May 7th. Finally, Wells Fargo & Company upped their price target on Voya Financial from $69.00 to $76.00 and gave the company an "equal weight" rating in a research report on Thursday, May 8th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $81.92.

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.