Voya Financial, Inc. (NYSE:VOYA) Shares Purchased by First Trust Advisors LP

First Trust Advisors LP raised its position in Voya Financial, Inc. (NYSE:VOYA - Free Report) by 52.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,437,597 shares of the asset manager's stock after acquiring an additional 497,348 shares during the quarter. First Trust Advisors LP owned approximately 1.49% of Voya Financial worth $98,950,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Victory Capital Management Inc. grew its position in shares of Voya Financial by 3.6% in the 4th quarter. Victory Capital Management Inc. now owns 327,783 shares of the asset manager's stock valued at $22,561,000 after buying an additional 11,336 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its holdings in shares of Voya Financial by 420.8% during the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 64,398 shares of the asset manager's stock worth $4,812,000 after purchasing an additional 52,032 shares during the last quarter. KBC Group NV lifted its holdings in shares of Voya Financial by 260.5% in the 4th quarter. KBC Group NV now owns 9,384 shares of the asset manager's stock valued at $646,000 after purchasing an additional 6,781 shares during the last quarter. Hennessy Advisors Inc. acquired a new stake in shares of Voya Financial in the 4th quarter valued at about $47,155,000. Finally, Barclays PLC grew its stake in Voya Financial by 48.2% during the 3rd quarter. Barclays PLC now owns 48,890 shares of the asset manager's stock worth $3,872,000 after buying an additional 15,902 shares during the last quarter. Institutional investors and hedge funds own 96.10% of the company's stock.

Voya Financial Price Performance

NYSE:VOYA traded down $0.07 during trading hours on Friday, hitting $59.00. The company's stock had a trading volume of 1,213,116 shares, compared to its average volume of 858,489. Voya Financial, Inc. has a 52-week low of $52.43 and a 52-week high of $84.30. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.31 and a current ratio of 0.30. The business's 50-day moving average is $64.78 and its two-hundred day moving average is $71.63. The company has a market capitalization of $5.68 billion, a PE ratio of 9.64, a PEG ratio of 0.48 and a beta of 0.93.

Voya Financial (NYSE:VOYA - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The asset manager reported $1.50 EPS for the quarter, missing analysts' consensus estimates of $2.15 by ($0.65). Voya Financial had a return on equity of 14.10% and a net margin of 8.29%. As a group, research analysts anticipate that Voya Financial, Inc. will post 8.39 EPS for the current fiscal year.

Voya Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, February 25th were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 3.05%. The ex-dividend date was Tuesday, February 25th. Voya Financial's dividend payout ratio is currently 29.41%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on VOYA shares. Morgan Stanley raised Voya Financial from an "equal weight" rating to an "overweight" rating and increased their price objective for the company from $76.00 to $87.00 in a report on Friday, February 28th. Wells Fargo & Company lowered their price objective on shares of Voya Financial from $79.00 to $69.00 and set an "equal weight" rating on the stock in a research report on Thursday, April 10th. Royal Bank of Canada reduced 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. Keefe, Bruyette & Woods lowered their price target on Voya Financial from $84.00 to $80.00 and set an "outperform" rating on the stock in a report on Wednesday, April 9th. Finally, Bank of America reaffirmed an "underperform" rating and set a $71.00 price objective (down from $79.00) on shares of Voya Financial in a research note on Friday, March 28th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $80.92.

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.