Natixis Advisors LLC Sells 1,780 Shares of Voya Financial, Inc. (NYSE:VOYA)

Natixis Advisors LLC trimmed its position in Voya Financial, Inc. (NYSE:VOYA) by 4.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 41,303 shares of the asset manager’s stock after selling 1,780 shares during the period. Natixis Advisors LLC’s holdings in Voya Financial were worth $3,272,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Price T Rowe Associates Inc. MD boosted its position in shares of Voya Financial by 1,020.2% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 2,368,185 shares of the asset manager’s stock worth $175,057,000 after purchasing an additional 2,156,773 shares in the last quarter. Boston Partners raised its stake in Voya Financial by 83.8% in the first quarter. Boston Partners now owns 2,525,604 shares of the asset manager’s stock valued at $186,310,000 after buying an additional 1,151,822 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Voya Financial by 13.8% in the second quarter. Dimensional Fund Advisors LP now owns 2,055,263 shares of the asset manager’s stock worth $146,234,000 after acquiring an additional 248,795 shares in the last quarter. Leeward Investments LLC MA purchased a new stake in shares of Voya Financial during the third quarter worth about $19,269,000. Finally, Renaissance Technologies LLC acquired a new position in shares of Voya Financial during the second quarter valued at about $13,013,000. 96.10% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Voya Financial news, insider Tony D. Oh sold 715 shares of the stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $81.95, for a total transaction of $58,594.25. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 1.37% of the company’s stock.

Voya Financial Price Performance

NYSE:VOYA opened at $81.68 on Friday. The company has a 50 day moving average price of $80.06 and a 200-day moving average price of $74.49. Voya Financial, Inc. has a 1-year low of $63.11 and a 1-year high of $84.30. The firm has a market cap of $7.86 billion, a price-to-earnings ratio of 13.01, a price-to-earnings-growth ratio of 0.57 and a beta of 1.03. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.31 and a quick ratio of 0.31.

Voya Financial (NYSE:VOYA) last issued its quarterly earnings data 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. Voya Financial had a net margin of 8.81% and a return on equity of 15.09%. The business had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.86 billion. During the same quarter in the prior year, the firm posted $2.07 earnings per share. The company’s revenue was up 7.3% compared to the same quarter last year. Equities research analysts forecast that Voya Financial, Inc. will post 8.2 EPS for the current year.

Voya Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 26th. Shareholders of record on Tuesday, November 26th will be issued a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 2.20%. The ex-dividend date is Tuesday, November 26th. Voya Financial’s payout ratio is currently 28.66%.

Wall Street Analyst Weigh In

A number of research firms recently commented on VOYA. Wells Fargo & Company lifted their target price on shares of Voya Financial from $87.00 to $90.00 and gave the stock an “overweight” rating in a research note on Thursday, October 10th. UBS Group raised shares of Voya Financial to a “strong-buy” rating in a report on Monday, November 11th. Bank of America raised their target price on Voya Financial from $84.00 to $88.00 and gave the stock a “buy” rating in a research note on Thursday, October 10th. Raymond James downgraded Voya Financial from a “strong-buy” rating to a “market perform” rating in a research note on Friday, September 13th. Finally, Morgan Stanley reduced their price objective on Voya Financial from $76.00 to $75.00 and set an “equal weight” rating for the company in a research note on Monday, August 19th. Six research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $86.00.

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.