US Bancorp DE Purchases 202 Shares of Voya Financial, Inc. (NYSE:VOYA)

US Bancorp DE boosted its position in Voya Financial, Inc. (NYSE:VOYA) by 5.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,655 shares of the asset manager’s stock after buying an additional 202 shares during the period. US Bancorp DE’s holdings in Voya Financial were worth $290,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Arjuna Capital boosted its position in shares of Voya Financial by 0.8% during the 2nd quarter. Arjuna Capital now owns 19,685 shares of the asset manager’s stock valued at $1,401,000 after purchasing an additional 161 shares in the last quarter. First Trust Direct Indexing L.P. grew its position 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 period. UMB Bank n.a. increased its stake 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 stake in shares of Voya Financial by 2.2% in the 3rd 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 in the last quarter. Finally, Blair William & Co. IL lifted its position in shares of Voya Financial by 5.3% during the 1st quarter. Blair William & Co. IL now owns 5,380 shares of the asset manager’s stock valued at $398,000 after acquiring an additional 272 shares during the period. Institutional investors own 96.10% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on VOYA shares. Citigroup upped their price objective on shares of Voya Financial from $86.00 to $91.00 and gave the company a “buy” rating in a report on Tuesday, July 23rd. Royal Bank of Canada increased their price target on Voya Financial from $90.00 to $95.00 and gave the stock an “outperform” rating in a report on Tuesday. Evercore ISI boosted their price objective on Voya Financial from $79.00 to $82.00 and gave the company an “outperform” rating in a report on Wednesday, September 11th. Barclays increased their target price on Voya Financial from $84.00 to $85.00 and gave the stock an “overweight” rating in a report on Tuesday, October 8th. Finally, UBS Group upgraded shares of Voya Financial to a “strong-buy” rating in a report on Monday. Six research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $86.00.

Voya Financial Price Performance

Shares of NYSE VOYA opened at $82.11 on Thursday. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 0.54. The company has a market capitalization of $7.90 billion, a PE ratio of 13.07, a PEG ratio of 0.59 and a beta of 1.03. The stock’s 50 day moving average price is $78.88 and its 200-day moving average price is $74.00. Voya Financial, Inc. has a twelve month low of $63.11 and a twelve month high of $84.30.

Voya Financial (NYSE:VOYA) last announced its earnings results on Monday, November 4th. The asset manager reported $2.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.05 by $0.07. The firm had revenue of $1.96 billion during the quarter, compared to analyst estimates of $1.86 billion. Voya Financial had a return on equity of 15.09% and a net margin of 8.81%. The business’s revenue was up 7.3% compared to the same quarter last year. During the same period last year, the firm posted $2.07 EPS. On average, equities analysts anticipate that Voya Financial, Inc. will post 8.21 EPS for the current year.

Voya Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 26th. Shareholders of record on Tuesday, November 26th will be given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 2.19%. The ex-dividend date is Tuesday, November 26th. Voya Financial’s dividend payout ratio is 28.66%.

Insider Activity

In other Voya Financial news, insider Tony D. Oh sold 715 shares of the firm’s stock in a transaction on Wednesday, November 6th. The stock was 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 can be accessed through this link. Insiders own 1.37% of the company’s stock.

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.