Voya Financial, Inc. (NYSE:VOYA) Shares Purchased by Sei Investments Co.

Sei Investments Co. raised its position in Voya Financial, Inc. (NYSE:VOYA) by 0.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 133,745 shares of the asset manager’s stock after acquiring an additional 679 shares during the quarter. Sei Investments Co. owned 0.14% of Voya Financial worth $9,205,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. Victory Capital Management Inc. boosted its position in Voya Financial by 3.6% in the 4th quarter. Victory Capital Management Inc. now owns 327,783 shares of the asset manager’s stock valued at $22,561,000 after buying an additional 11,336 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its holdings in Voya Financial by 420.8% in the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 64,398 shares of the asset manager’s stock valued at $4,812,000 after purchasing an additional 52,032 shares during the last quarter. KBC Group NV grew its stake in Voya Financial by 260.5% during the 4th quarter. KBC Group NV now owns 9,384 shares of the asset manager’s stock valued at $646,000 after purchasing an additional 6,781 shares in the last quarter. Hennessy Advisors Inc. purchased a new stake in Voya Financial during the 4th quarter worth approximately $47,155,000. Finally, Barclays PLC raised its position in shares of Voya Financial by 48.2% in the 3rd quarter. Barclays PLC now owns 48,890 shares of the asset manager’s stock valued at $3,872,000 after purchasing an additional 15,902 shares in the last quarter. Hedge funds and other institutional investors own 96.10% of the company’s stock.

Wall Street Analyst Weigh In

VOYA has been the subject of a number of research analyst reports. Keefe, Bruyette & Woods dropped their price target on shares of Voya Financial from $90.00 to $84.00 and set an “outperform” rating for the company in a research note on Wednesday, February 5th. Evercore ISI dropped their target price on shares of Voya Financial from $94.00 to $89.00 and set an “outperform” rating for the company in a research report on Tuesday, December 10th. JPMorgan Chase & Co. reduced their price target on shares of Voya Financial from $87.00 to $82.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 7th. Morgan Stanley raised Voya Financial from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $76.00 to $87.00 in a report on Friday, February 28th. Finally, Barclays lowered Voya Financial from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 6th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Voya Financial has a consensus rating of “Moderate Buy” and an average target price of $82.45.

Voya Financial Stock Down 3.0 %

Shares of Voya Financial stock opened at $67.32 on Monday. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.30 and a quick ratio of 0.31. Voya Financial, Inc. has a 1-year low of $64.10 and a 1-year high of $84.30. The business’s fifty day moving average price is $70.45 and its two-hundred day moving average price is $74.45. The company has a market capitalization of $6.43 billion, a P/E ratio of 11.00, a PEG ratio of 0.48 and a beta of 1.03.

Voya Financial (NYSE:VOYA) last issued its quarterly earnings data on Tuesday, February 4th. The asset manager reported $1.50 earnings per share for the quarter, missing analysts’ consensus estimates of $2.15 by ($0.65). Voya Financial had a net margin of 8.29% and a return on equity of 14.10%. As a group, research analysts forecast that Voya Financial, Inc. will post 8.39 EPS for the current year.

Voya Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, February 25th were paid a dividend of $0.45 per share. The ex-dividend date was Tuesday, February 25th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.67%. Voya Financial’s dividend payout ratio is presently 29.41%.

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.