Boston Partners Has $100.20 Million Stock Holdings in Voya Financial, Inc. (NYSE:VOYA)

Boston Partners lowered its stake in shares of Voya Financial, Inc. (NYSE:VOYA - Free Report) by 11.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 1,373,782 shares of the asset manager's stock after selling 175,083 shares during the quarter. Boston Partners owned 1.31% of Voya Financial worth $100,197,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Chilton Capital Management LLC bought a new position in Voya Financial in the 4th quarter worth about $26,000. Clearstead Advisors LLC bought a new position in shares of Voya Financial during the 3rd quarter worth $33,000. GAMMA Investing LLC bought a new position in shares of Voya Financial during the 4th quarter worth $49,000. Fifth Third Bancorp raised its holdings in shares of Voya Financial by 12.5% in the third quarter. Fifth Third Bancorp now owns 1,770 shares of the asset manager's stock valued at $118,000 after acquiring an additional 196 shares in the last quarter. Finally, Mutual Advisors LLC bought a new stake in shares of Voya Financial in the third quarter valued at about $201,000. 96.10% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Evercore ISI increased their target price on shares of Voya Financial from $79.00 to $80.00 and gave the stock an "outperform" rating in a report on Thursday, April 11th. Piper Sandler increased their target price on Voya Financial from $78.00 to $86.00 and gave the company an "overweight" rating in a research report on Friday, April 5th. Wells Fargo & Company boosted their price target on Voya Financial from $91.00 to $92.00 and gave the stock an "overweight" rating in a research report on Friday. Morgan Stanley dropped their price objective on Voya Financial from $79.00 to $78.00 and set an "overweight" rating on the stock in a research report on Friday, March 1st. Finally, Royal Bank of Canada reduced their target price on shares of Voya Financial from $85.00 to $83.00 and set an "outperform" rating for the company in a report on Thursday, February 8th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $83.44.

Voya Financial Stock Performance

Voya Financial stock traded up $0.02 during midday trading on Tuesday, hitting $73.62. 545,139 shares of the company were exchanged, compared to its average volume of 879,991. Voya Financial, Inc. has a fifty-two week low of $63.02 and a fifty-two week high of $77.00. The firm has a market capitalization of $7.41 billion, a PE ratio of 10.45, a price-to-earnings-growth ratio of 0.54 and a beta of 1.06. The business has a fifty day simple moving average of $70.50 and a two-hundred day simple moving average of $70.73. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.30 and a current ratio of 0.30.

Voya Financial (NYSE:VOYA - Get Free Report) last posted its earnings results on Tuesday, April 30th. The asset manager reported $1.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.58 by $0.30. The firm had revenue of $2.05 billion during the quarter, compared to analysts' expectations of $1.80 billion. Voya Financial had a net margin of 10.48% and a return on equity of 16.74%. The business's revenue was up 11.8% compared to the same quarter last year. During the same period in the previous year, the business posted $1.69 EPS. On average, sell-side analysts forecast that Voya Financial, Inc. will post 8.53 earnings per share for the current year.

Voya Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 26th. Investors of record on Tuesday, May 28th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, May 24th. This represents a $1.60 annualized dividend and a dividend yield of 2.17%. Voya Financial's dividend payout ratio (DPR) is presently 22.73%.

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.