Voya Financial, Inc. (NYSE:VOYA) Shares Acquired by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC increased its holdings in shares of Voya Financial, Inc. (NYSE:VOYA) by 4.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 53,131 shares of the asset manager’s stock after acquiring an additional 2,281 shares during the period. Janney Montgomery Scott LLC owned approximately 0.05% of Voya Financial worth $4,209,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. V Square Quantitative Management LLC acquired a new position in shares of Voya Financial during the 3rd quarter worth $29,000. UMB Bank n.a. boosted its holdings in Voya Financial by 118.9% during the third quarter. UMB Bank n.a. now owns 440 shares of the asset manager’s stock worth $35,000 after buying an additional 239 shares in the last quarter. Quarry LP acquired a new position in Voya Financial during the second quarter worth about $61,000. Allspring Global Investments Holdings LLC increased its holdings in Voya Financial by 6,850.0% in the first quarter. Allspring Global Investments Holdings LLC now owns 834 shares of the asset manager’s stock valued at $62,000 after buying an additional 822 shares in the last quarter. Finally, Blue Trust Inc. increased its holdings in Voya Financial by 3,640.9% in the third quarter. Blue Trust Inc. now owns 823 shares of the asset manager’s stock valued at $65,000 after buying an additional 801 shares in the last quarter. Hedge funds and other institutional investors own 96.10% of the company’s stock.

Insiders Place Their Bets

In related news, insider Tony D. Oh sold 715 shares of the business’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $81.95, for a total value of $58,594.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.37% of the stock is owned by corporate insiders.

Voya Financial Stock Performance

Shares of NYSE VOYA opened at $81.28 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.41 and a quick ratio of 0.30. The company has a market cap of $7.99 billion, a PE ratio of 12.94, a price-to-earnings-growth ratio of 0.59 and a beta of 1.03. The company has a 50-day simple moving average of $78.15 and a 200-day simple moving average of $73.70. Voya Financial, Inc. has a 12 month low of $63.11 and a 12 month high of $83.93.

Voya Financial (NYSE:VOYA) last issued its quarterly earnings results on Monday, November 4th. The asset manager reported $2.12 earnings per share for the quarter, beating the consensus estimate of $2.05 by $0.07. Voya Financial had a return on equity of 15.09% and a net margin of 8.81%. The company had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.86 billion. During the same period in the previous year, the firm posted $2.07 EPS. Voya Financial’s revenue was up 7.3% on a year-over-year basis. On average, equities analysts anticipate that Voya Financial, Inc. will post 8.27 earnings per share for the current year.

Voya Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 26th. Investors of record on Tuesday, November 26th will be given a dividend of $0.45 per share. The ex-dividend date is Tuesday, November 26th. This represents a $1.80 annualized dividend and a yield of 2.21%. Voya Financial’s dividend payout ratio (DPR) is presently 28.66%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on VOYA shares. Citigroup upped their price target on Voya Financial from $86.00 to $91.00 and gave the stock a “buy” rating in a report on Tuesday, July 23rd. Morgan Stanley lowered their target price on Voya Financial from $76.00 to $75.00 and set an “equal weight” rating on the stock in a report on Monday, August 19th. Jefferies Financial Group lifted their price target on Voya Financial from $78.00 to $80.00 and gave the stock a “hold” rating in a research note on Thursday, July 18th. Bank of America increased their price objective on shares of Voya Financial from $84.00 to $88.00 and gave the company a “buy” rating in a research note on Thursday, October 10th. Finally, Wells Fargo & Company lifted their target price on shares of Voya Financial from $87.00 to $90.00 and gave the stock an “overweight” rating in a research report on Thursday, October 10th. Six research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, Voya Financial currently has a consensus rating of “Moderate Buy” and an average target price of $85.55.

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.