Voya Financial, Inc. (NYSE:VOYA) Stock Holdings Lifted by Sei Investments Co.

Sei Investments Co. increased its position in Voya Financial, Inc. (NYSE:VOYA) by 0.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 133,745 shares of the asset manager’s stock after purchasing an additional 679 shares during the period. Sei Investments Co.’s holdings in Voya Financial were worth $9,205,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Victory Capital Management Inc. lifted its holdings in shares of Voya Financial by 3.6% in the fourth quarter. Victory Capital Management Inc. now owns 327,783 shares of the asset manager’s stock valued at $22,561,000 after purchasing an additional 11,336 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its stake in Voya Financial by 420.8% in the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 64,398 shares of the asset manager’s stock worth $4,812,000 after acquiring an additional 52,032 shares in the last quarter. KBC Group NV boosted its position in Voya Financial by 260.5% during the 4th quarter. KBC Group NV now owns 9,384 shares of the asset manager’s stock worth $646,000 after acquiring an additional 6,781 shares during the period. Hennessy Advisors Inc. acquired a new stake in Voya Financial during the 4th quarter worth about $47,155,000. Finally, Barclays PLC grew its stake in Voya Financial by 48.2% during the 3rd quarter. Barclays PLC now owns 48,890 shares of the asset manager’s stock valued at $3,872,000 after acquiring an additional 15,902 shares in the last quarter. 96.10% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

VOYA has been the subject of several research reports. Wells Fargo & Company raised their price target on shares of Voya Financial from $76.00 to $79.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 19th. JPMorgan Chase & Co. lowered their price target on shares of Voya Financial from $87.00 to $82.00 and set a “neutral” rating on the stock in a report on Tuesday, January 7th. Barclays lowered Voya Financial from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 6th. Bank of America restated an “underperform” rating and issued a $71.00 target price (down previously from $79.00) on shares of Voya Financial in a research note on Friday. Finally, Royal Bank of Canada cut their price target on Voya Financial from $90.00 to $85.00 and set an “outperform” rating for the company in a research note on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, six have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently 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. Voya Financial, Inc. has a 12-month low of $64.10 and a 12-month high of $84.30. The stock 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. The company has a quick ratio of 0.31, a current ratio of 0.30 and a debt-to-equity ratio of 0.59. The stock has a 50 day moving average price of $70.45 and a two-hundred day moving average price of $74.45.

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

Voya Financial Announces Dividend

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

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.