Voya Financial, Inc. $VOYA Holdings Boosted by Amundi

Amundi boosted its holdings in Voya Financial, Inc. (NYSE:VOYA - Free Report) by 39.9% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 331,574 shares of the asset manager's stock after acquiring an additional 94,504 shares during the period. Amundi owned about 0.34% of Voya Financial worth $20,707,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of VOYA. BI Asset Management Fondsmaeglerselskab A S bought a new position in Voya Financial in the first quarter worth about $47,000. Versant Capital Management Inc lifted its holdings in Voya Financial by 666.4% in the first quarter. Versant Capital Management Inc now owns 889 shares of the asset manager's stock worth $60,000 after acquiring an additional 773 shares during the last quarter. Blue Trust Inc. lifted its holdings in Voya Financial by 36.9% in the first quarter. Blue Trust Inc. now owns 950 shares of the asset manager's stock worth $64,000 after acquiring an additional 256 shares during the last quarter. LRI Investments LLC lifted its holdings in Voya Financial by 26.1% in the fourth quarter. LRI Investments LLC now owns 1,310 shares of the asset manager's stock worth $90,000 after acquiring an additional 271 shares during the last quarter. Finally, Bessemer Group Inc. increased its stake in shares of Voya Financial by 142.9% in the first quarter. Bessemer Group Inc. now owns 1,343 shares of the asset manager's stock valued at $91,000 after purchasing an additional 790 shares during the period. Institutional investors own 96.10% of the company's stock.

Voya Financial Price Performance

NYSE VOYA opened at $75.73 on Tuesday. Voya Financial, Inc. has a 12 month low of $52.43 and a 12 month high of $84.30. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.28 and a quick ratio of 0.28. The firm has a market capitalization of $7.30 billion, a PE ratio of 15.15, a P/E/G ratio of 0.61 and a beta of 1.00. The company's 50 day simple moving average is $73.00 and its 200 day simple moving average is $68.01.

Voya Financial (NYSE:VOYA - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The asset manager reported $2.40 EPS for the quarter, beating analysts' consensus estimates of $2.09 by $0.31. Voya Financial had a net margin of 6.73% and a return on equity of 13.72%. The business had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.94 billion. During the same quarter last year, the business earned $2.18 earnings per share. The business's revenue for the quarter was down 2.6% on a year-over-year basis. As a group, equities research analysts forecast that Voya Financial, Inc. will post 8.39 EPS for the current fiscal year.

Voya Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 26th. Shareholders of record on Tuesday, August 26th will be given a $0.45 dividend. The ex-dividend date is Tuesday, August 26th. This represents a $1.80 annualized dividend and a yield of 2.4%. Voya Financial's payout ratio is 36.00%.

Analysts Set New Price Targets

VOYA has been the topic of several analyst reports. Wells Fargo & Company raised their price target on shares of Voya Financial from $76.00 to $82.00 and gave the company an "equal weight" rating in a research note on Thursday, July 10th. UBS Group raised their price target on shares of Voya Financial from $87.00 to $90.00 and gave the company a "buy" rating in a research note on Wednesday, August 6th. Evercore ISI raised their price target on shares of Voya Financial from $84.00 to $86.00 and gave the company an "outperform" rating in a research note on Wednesday, August 13th. Keefe, Bruyette & Woods raised their price target on shares of Voya Financial from $80.00 to $83.00 and gave the company an "outperform" rating in a research note on Tuesday, May 13th. Finally, Morgan Stanley raised their price target on shares of Voya Financial from $89.00 to $90.00 and gave the company an "overweight" rating in a research note on Monday, August 18th. Six investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $83.70.

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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