Voya Financial, Inc. (NYSE:VOYA) Stock Holdings Increased by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC raised its holdings in shares of Voya Financial, Inc. (NYSE:VOYA) by 1.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 27,706 shares of the asset manager’s stock after buying an additional 499 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Voya Financial were worth $1,907,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in VOYA. Wealthspire Advisors LLC boosted its holdings in shares of Voya Financial by 5.3% in the fourth quarter. Wealthspire Advisors LLC now owns 2,967 shares of the asset manager’s stock worth $204,000 after buying an additional 148 shares during the period. Brooklyn Investment Group boosted its stake in Voya Financial by 17.0% in the 4th quarter. Brooklyn Investment Group now owns 1,166 shares of the asset manager’s stock worth $80,000 after purchasing an additional 169 shares during the period. CIBC Asset Management Inc grew its position in Voya Financial by 5.7% during the 4th quarter. CIBC Asset Management Inc now owns 3,307 shares of the asset manager’s stock worth $228,000 after purchasing an additional 177 shares in the last quarter. Jones Financial Companies Lllp raised its stake in Voya Financial by 81.0% during the 4th quarter. Jones Financial Companies Lllp now owns 409 shares of the asset manager’s stock valued at $28,000 after purchasing an additional 183 shares during the period. Finally, Parkside Financial Bank & Trust lifted its holdings in shares of Voya Financial by 13.6% in the fourth quarter. Parkside Financial Bank & Trust now owns 1,532 shares of the asset manager’s stock valued at $105,000 after purchasing an additional 184 shares in the last quarter. Institutional investors and hedge funds own 96.10% of the company’s stock.

Voya Financial Trading Down 9.4 %

Shares of NYSE:VOYA opened at $56.59 on Friday. The stock has a market capitalization of $5.41 billion, a PE ratio of 9.25, a P/E/G ratio of 0.48 and a beta of 1.03. The firm has a fifty day moving average price of $69.95 and a 200 day moving average price of $74.09. Voya Financial, Inc. has a 1 year low of $55.23 and a 1 year high of $84.30. The company has a current ratio of 0.30, a quick ratio of 0.31 and a debt-to-equity ratio of 0.59.

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 return on equity of 14.10% and a net margin of 8.29%. Analysts expect that Voya Financial, Inc. will post 8.39 EPS for the current fiscal year.

Voya Financial Announces Dividend

The firm also recently announced 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 annualized dividend and a yield of 3.18%. Voya Financial’s payout ratio is 29.41%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on VOYA shares. Morgan Stanley raised Voya Financial from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $76.00 to $87.00 in a research report on Friday, February 28th. Royal Bank of Canada dropped their target price on Voya Financial from $90.00 to $85.00 and set an “outperform” rating on the stock in a report on Monday, February 3rd. Piper Sandler decreased their price target on shares of Voya Financial from $91.00 to $84.00 and set an “overweight” rating for the company in a report on Wednesday, December 18th. UBS Group dropped their price objective on shares of Voya Financial from $94.00 to $89.00 and set a “buy” rating on the stock in a research note on Wednesday. Finally, Bank of America reiterated an “underperform” rating and issued a $71.00 target price (down previously from $79.00) on shares of Voya Financial in a research report on Friday, March 28th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $82.83.

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.