Sanctuary Advisors LLC Has $219,000 Stock Holdings in Voya Financial, Inc. (NYSE:VOYA)

Sanctuary Advisors LLC trimmed its position in Voya Financial, Inc. (NYSE:VOYA) by 42.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,682 shares of the asset manager’s stock after selling 1,979 shares during the quarter. Sanctuary Advisors LLC’s holdings in Voya Financial were worth $219,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. FMR LLC raised its stake in Voya Financial by 25.9% during the third quarter. FMR LLC now owns 2,884,044 shares of the asset manager’s stock worth $228,474,000 after acquiring an additional 592,523 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Voya Financial by 13.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,055,263 shares of the asset manager’s stock worth $146,234,000 after purchasing an additional 248,795 shares in the last quarter. Leeward Investments LLC MA bought a new position in Voya Financial in the 3rd quarter valued at approximately $19,269,000. Renaissance Technologies LLC acquired a new stake in Voya Financial in the second quarter valued at approximately $13,013,000. Finally, AQR Capital Management LLC grew its stake in shares of Voya Financial by 29.6% during the second quarter. AQR Capital Management LLC now owns 651,803 shares of the asset manager’s stock worth $46,376,000 after buying an additional 148,810 shares during the last quarter. 96.10% of the stock is currently owned by institutional investors and hedge funds.

Voya Financial Trading Down 0.3 %

VOYA opened at $68.59 on Monday. The stock has a market cap of $6.60 billion, a PE ratio of 10.92, a price-to-earnings-growth ratio of 0.54 and a beta of 1.02. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 0.54. Voya Financial, Inc. has a twelve month low of $63.11 and a twelve month high of $84.30. The company has a fifty day moving average of $77.80 and a 200-day moving average of $74.57.

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, topping analysts’ consensus estimates of $2.05 by $0.07. The firm had revenue of $1.96 billion during 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 business’s revenue was up 7.3% compared to the same quarter last year. During the same period last year, the business posted $2.07 EPS. On average, sell-side analysts predict that Voya Financial, Inc. will post 8.09 EPS for the current year.

Voya Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 26th. Shareholders of record on Tuesday, November 26th were paid a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 2.62%. The ex-dividend date was Tuesday, November 26th. Voya Financial’s dividend payout ratio (DPR) is presently 28.66%.

Analyst Ratings Changes

VOYA has been the subject of a number of research reports. Royal Bank of Canada dropped their price target on Voya Financial from $95.00 to $90.00 and set an “outperform” rating for the company in a research note on Wednesday, December 11th. JPMorgan Chase & Co. downgraded Voya Financial from an “overweight” rating to a “neutral” rating and set a $87.00 target price for the company. in a research report on Thursday, October 3rd. UBS Group upgraded Voya Financial to a “strong-buy” rating in a report on Monday, November 11th. Bank of America reaffirmed a “neutral” rating and issued a $83.00 price objective (down previously from $91.00) on shares of Voya Financial in a research note on Wednesday, December 11th. Finally, Wells Fargo & Company cut their target price on shares of Voya Financial from $92.00 to $87.00 and set an “overweight” rating on the stock in a research report on Tuesday, December 10th. Seven equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $85.08.

Insider Buying and Selling at Voya Financial

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 shares were sold at an average price of $81.95, for a total value of $58,594.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.37% of the company’s stock.

About Voya Financial

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.