Diversified Trust Co continued to hold its position in Voya Financial Inc. (NYSE:VOYA) during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 22,280 shares of the company’s stock at the end of the second quarter. Diversified Trust Co’s holdings in Voya Financial were worth $552,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. Strs Ohio raised its position in Voya Financial by 22.0% in the second quarter. Strs Ohio now owns 19,966 shares of the company’s stock valued at $494,000 after buying an additional 3,601 shares in the last quarter. Bank of Montreal Can acquired a new position in Voya Financial during the second quarter valued at about $8,439,000. Shell Asset Management Co. raised its position in Voya Financial by 76.1% in the second quarter. Shell Asset Management Co. now owns 18,340 shares of the company’s stock valued at $454,000 after buying an additional 7,928 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its position in Voya Financial by 16.9% in the second quarter. Robeco Institutional Asset Management B.V. now owns 378,896 shares of the company’s stock valued at $9,379,000 after buying an additional 54,864 shares in the last quarter. Finally, Old Mutual Global Investors UK Ltd. raised its position in Voya Financial by 256.7% in the second quarter. Old Mutual Global Investors UK Ltd. now owns 1,161,039 shares of the company’s stock valued at $28,747,000 after buying an additional 835,511 shares in the last quarter. 96.83% of the stock is owned by institutional investors.
Shares of Voya Financial Inc. (NYSE:VOYA) traded up 0.28% during midday trading on Tuesday, hitting $28.41. The company had a trading volume of 1,484,570 shares. The firm has a market capitalization of $5.69 billion, a P/E ratio of 21.09 and a beta of 1.55. The stock has a 50 day moving average price of $28.62 and a 200 day moving average price of $29.13. Voya Financial Inc. has a 1-year low of $22.75 and a 1-year high of $42.45.
Voya Financial (NYSE:VOYA) last announced its quarterly earnings data on Wednesday, August 3rd. The company reported $0.79 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.79. Voya Financial had a net margin of 2.88% and a return on equity of 3.44%. During the same period last year, the company posted $0.78 earnings per share. On average, equities analysts anticipate that Voya Financial Inc. will post $3.03 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 29th. Shareholders of record on Wednesday, August 31st will be given a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.14%. The ex-dividend date is Monday, August 29th. Voya Financial’s dividend payout ratio (DPR) is presently 2.86%.
Several research firms have recently issued reports on VOYA. Wells Fargo & Co. initiated coverage on Voya Financial in a report on Thursday, September 22nd. They issued a “market perform” rating for the company. Zacks Investment Research raised Voya Financial from a “sell” rating to a “hold” rating in a report on Saturday, August 6th. Goldman Sachs Group Inc. lowered Voya Financial from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $39.00 to $29.00 in a report on Friday, July 15th. Deutsche Bank AG reduced their price objective on Voya Financial from $41.00 to $37.00 and set a “buy” rating for the company in a report on Thursday, July 14th. Finally, Citigroup Inc. reduced their price objective on Voya Financial from $34.00 to $29.00 and set a “neutral” rating for the company in a report on Thursday, July 7th. Eight investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. Voya Financial has an average rating of “Buy” and an average price target of $38.73.
About Voya Financial
Voya Financial, Inc is a holding company. The Company is a retirement, investment and insurance company, which provides retirement services, annuities, investment management services, mutual funds, life insurance, group insurance and supplemental health products. It provides its principal products and services in two ongoing businesses: Retirement and Investment Solutions, and Insurance Solutions.
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