Voya Financial, Inc. (NYSE:VOYA) Shares Purchased by Arjuna Capital

Arjuna Capital increased its stake in shares of Voya Financial, Inc. (NYSE:VOYAGet Rating) by 2.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,600 shares of the asset manager’s stock after purchasing an additional 655 shares during the quarter. Arjuna Capital’s holdings in Voya Financial were worth $1,896,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Prospector Partners LLC lifted its holdings in Voya Financial by 4.3% during the 4th quarter. Prospector Partners LLC now owns 199,800 shares of the asset manager’s stock worth $13,249,000 after buying an additional 8,150 shares during the last quarter. Ensign Peak Advisors Inc lifted its holdings in Voya Financial by 8.2% during the 4th quarter. Ensign Peak Advisors Inc now owns 495,744 shares of the asset manager’s stock worth $32,872,000 after buying an additional 37,521 shares during the last quarter. Private Advisor Group LLC purchased a new stake in Voya Financial during the 4th quarter worth about $249,000. Covestor Ltd purchased a new stake in Voya Financial during the 4th quarter worth about $52,000. Finally, Bailard Inc. lifted its holdings in Voya Financial by 6.5% during the 4th quarter. Bailard Inc. now owns 5,796 shares of the asset manager’s stock worth $384,000 after buying an additional 352 shares during the last quarter.

NYSE:VOYA traded down $1.30 during trading hours on Thursday, reaching $63.60. 1,434,190 shares of the company traded hands, compared to its average volume of 1,316,338. The firm’s 50-day moving average is $65.58 and its 200-day moving average is $66.70. The stock has a market cap of $6.50 billion, a P/E ratio of 7.84, a P/E/G ratio of 3.91 and a beta of 1.31. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.30 and a quick ratio of 0.30. Voya Financial, Inc. has a 1-year low of $58.97 and a 1-year high of $74.97.

Voya Financial (NYSE:VOYAGet Rating) last issued its quarterly earnings results on Tuesday, May 3rd. The asset manager reported $1.47 earnings per share for the quarter, topping analysts’ consensus estimates of $1.35 by $0.12. Voya Financial had a return on equity of 9.16% and a net margin of 13.67%. During the same quarter last year, the firm posted $1.03 EPS. As a group, research analysts predict that Voya Financial, Inc. will post 6.3 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 29th. Investors of record on Wednesday, May 25th will be issued a $0.20 dividend. The ex-dividend date is Tuesday, May 24th. This represents a $0.80 annualized dividend and a yield of 1.26%. Voya Financial’s dividend payout ratio is currently 9.66%.

In related news, insider Robert L. Grubka sold 2,500 shares of the stock in a transaction on Tuesday, February 22nd. The stock was sold at an average price of $68.50, for a total value of $171,250.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.44% of the stock is currently owned by corporate insiders.

Several research firms have recently weighed in on VOYA. Jefferies Financial Group began coverage on Voya Financial in a report on Tuesday, January 25th. They issued a “hold” rating and a $75.00 target price for the company. StockNews.com began coverage on Voya Financial in a report on Thursday, March 31st. They issued a “sell” rating for the company. Wolfe Research initiated coverage on Voya Financial in a report on Friday, January 21st. They issued a “market perform” rating and a $80.00 target price for the company. TheStreet raised Voya Financial from a “c” rating to a “b” rating in a research note on Monday, May 9th. Finally, Piper Sandler reduced their price objective on Voya Financial from $74.00 to $72.00 in a research note on Wednesday, April 6th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $77.56.

Voya Financial Company Profile (Get Rating)

Voya Financial, Inc operates as a retirement, investment, and employee benefits company in the United States. The company's Wealth Solutions segment offers tax-deferred employer-sponsored retirement savings plans and administrative services; and individual retirement accounts, and other retail financial products and services, as well as financial planning and advisory services.

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Institutional Ownership by Quarter for Voya Financial (NYSE:VOYA)

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