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

Two Sigma Advisers LP boosted its stake in Voya Financial, Inc. (NYSE:VOYA - Free Report) by 25.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 133,700 shares of the asset manager's stock after purchasing an additional 26,800 shares during the period. Two Sigma Advisers LP owned about 0.14% of Voya Financial worth $9,203,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp increased its holdings in Voya Financial by 81.0% in the 4th quarter. Jones Financial Companies Lllp now owns 409 shares of the asset manager's stock valued at $28,000 after purchasing an additional 183 shares during the last quarter. SRS Capital Advisors Inc. boosted its position in Voya Financial by 207.0% in the 4th quarter. SRS Capital Advisors Inc. now owns 485 shares of the asset manager's stock valued at $33,000 after buying an additional 327 shares during the period. Quarry LP purchased a new position in Voya Financial in the 4th quarter valued at approximately $37,000. R Squared Ltd purchased a new position in Voya Financial in the 4th quarter valued at approximately $41,000. Finally, Venturi Wealth Management LLC boosted its position in Voya Financial by 45.0% in the 4th quarter. Venturi Wealth Management LLC now owns 648 shares of the asset manager's stock valued at $45,000 after buying an additional 201 shares during the period. Institutional investors and hedge funds own 96.10% of the company's stock.

Voya Financial Stock Performance

VOYA traded up $0.01 on Thursday, reaching $65.94. The company had a trading volume of 60,090 shares, compared to its average volume of 873,738. Voya Financial, Inc. has a 1 year low of $52.43 and a 1 year high of $84.30. The stock has a market capitalization of $6.34 billion, a PE ratio of 10.77, a P/E/G ratio of 0.48 and a beta of 0.95. The company has a quick ratio of 0.31, a current ratio of 0.30 and a debt-to-equity ratio of 0.59. The stock has a 50-day moving average price of $62.84 and a 200-day moving average price of $69.17.

Voya Financial (NYSE:VOYA - Get Free Report) last announced its quarterly 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. Voya Financial had a net margin of 8.29% and a return on equity of 14.10%. The firm had revenue of $1.97 billion during the quarter, compared to analysts' expectations of $1.94 billion. During the same period in the previous year, the company earned $1.77 earnings per share. Voya Financial's quarterly revenue was down 4.0% compared to the same quarter last year. As a group, research analysts forecast that Voya Financial, Inc. will post 8.39 EPS for the current fiscal year.

Voya Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 26th. Investors of record on Tuesday, May 27th will be given a $0.45 dividend. The ex-dividend date of this dividend is Tuesday, May 27th. This represents a $1.80 dividend on an annualized basis and a yield of 2.73%. Voya Financial's dividend payout ratio (DPR) is presently 33.96%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. JPMorgan Chase & Co. decreased their price target on shares of Voya Financial from $81.00 to $80.00 and set a "neutral" rating for the company in a research report on Wednesday, April 2nd. UBS Group decreased 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 report on Friday, May 23rd. Morgan Stanley lifted their price objective on shares of Voya Financial from $70.00 to $86.00 and gave the stock an "overweight" rating in a research report on Monday, May 19th. Wells Fargo & Company lifted their price objective on shares of Voya Financial from $69.00 to $76.00 and gave the stock an "equal weight" rating in a research report on Thursday, May 8th. Finally, Keefe, Bruyette & Woods lifted their price objective on shares of Voya Financial from $80.00 to $83.00 and gave the stock an "outperform" rating in a research report on Tuesday, May 13th. One analyst has rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, Voya Financial has an average rating of "Hold" and an average price target of $81.92.

Insider Activity at Voya Financial

In other Voya Financial news, Director Yvette S. Butler sold 1,700 shares of Voya Financial stock in a transaction on Tuesday, May 27th. The shares were sold at an average price of $66.18, for a total value of $112,506.00. Following the transaction, the director now directly owns 355 shares in the company, valued at approximately $23,493.90. The trade was a 82.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.37% of the stock is owned by corporate insiders.

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.