4,367 Shares in Voya Financial, Inc. (NYSE:VOYA) Bought by Oak Thistle LLC

Oak Thistle LLC bought a new position in Voya Financial, Inc. (NYSE:VOYA) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 4,367 shares of the asset manager’s stock, valued at approximately $301,000.

Other large investors have also recently added to or reduced their stakes in the company. US Bancorp DE boosted its holdings in Voya Financial by 5.8% during the third quarter. US Bancorp DE now owns 3,655 shares of the asset manager’s stock worth $290,000 after purchasing an additional 202 shares during the last quarter. First Trust Direct Indexing L.P. boosted its stake in shares of Voya Financial by 6.8% during the 3rd quarter. First Trust Direct Indexing L.P. now owns 3,291 shares of the asset manager’s stock worth $261,000 after buying an additional 210 shares during the last quarter. UMB Bank n.a. grew its holdings in shares of Voya Financial by 118.9% in the 3rd quarter. UMB Bank n.a. now owns 440 shares of the asset manager’s stock valued at $35,000 after acquiring an additional 239 shares in the last quarter. State of Alaska Department of Revenue increased its position in shares of Voya Financial by 2.2% in the third quarter. State of Alaska Department of Revenue now owns 11,426 shares of the asset manager’s stock valued at $905,000 after acquiring an additional 245 shares during the last quarter. Finally, Coldstream Capital Management Inc. raised its holdings in Voya Financial by 8.1% during the third quarter. Coldstream Capital Management Inc. now owns 3,591 shares of the asset manager’s stock worth $285,000 after acquiring an additional 270 shares in the last quarter. Institutional investors own 96.10% of the company’s stock.

Insider Transactions at Voya Financial

In other Voya Financial news, insider Tony D. Oh sold 715 shares of Voya Financial stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $81.95, for a total value of $58,594.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.37% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on VOYA shares. Keefe, Bruyette & Woods decreased their price target on Voya Financial from $92.00 to $90.00 and set an “outperform” rating for the company in a research note on Friday, January 10th. Royal Bank of Canada decreased their target price on shares of Voya Financial from $95.00 to $90.00 and set an “outperform” rating for the company in a research note on Wednesday, December 11th. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $76.00 price target (down from $87.00) on shares of Voya Financial in a research report on Tuesday. JPMorgan Chase & Co. decreased their price objective on shares of Voya Financial from $87.00 to $82.00 and set a “neutral” rating for the company in a research report on Tuesday, January 7th. Finally, UBS Group upgraded shares of Voya Financial to a “strong-buy” rating in a research note on Monday, November 11th. Six equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $83.73.

Voya Financial Stock Down 0.1 %

Shares of VOYA opened at $69.75 on Friday. The firm has a market cap of $6.71 billion, a P/E ratio of 11.11, a price-to-earnings-growth ratio of 0.44 and a beta of 1.05. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.31 and a current ratio of 0.31. Voya Financial, Inc. has a 52 week low of $63.11 and a 52 week high of $84.30. The firm’s 50-day simple moving average is $74.21 and its 200 day simple moving average is $74.19.

Voya Financial (NYSE:VOYA) last posted its earnings results on Monday, November 4th. The asset manager reported $2.12 EPS for the quarter, beating the consensus estimate of $2.05 by $0.07. The company had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.86 billion. Voya Financial had a return on equity of 15.09% and a net margin of 8.81%. The firm’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.07 earnings per share. On average, analysts forecast that Voya Financial, Inc. will post 7.62 earnings per share for the current year.

Voya Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, December 26th. Stockholders of record on Tuesday, November 26th were issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.58%. The ex-dividend date was Tuesday, November 26th. Voya Financial’s dividend payout ratio is currently 28.66%.

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.