Tillar Wenstrup Advisors LLC decreased its holdings in Voya Financial Inc (NYSE:VOYA) by 4.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 75,303 shares of the asset manager’s stock after selling 3,667 shares during the quarter. Voya Financial comprises approximately 2.9% of Tillar Wenstrup Advisors LLC’s portfolio, making the stock its 11th biggest holding. Tillar Wenstrup Advisors LLC’s holdings in Voya Financial were worth $3,725,000 as of its most recent SEC filing.
A number of other large investors have also added to or reduced their stakes in the business. Toronto Dominion Bank grew its holdings in Voya Financial by 7.9% in the second quarter. Toronto Dominion Bank now owns 2,728 shares of the asset manager’s stock valued at $101,000 after purchasing an additional 199 shares during the last quarter. Reliance Trust Co. of Delaware acquired a new stake in Voya Financial in the third quarter valued at $215,000. IFM Investors Pty Ltd acquired a new stake in Voya Financial in the third quarter valued at $254,000. TLP Group LLC acquired a new stake in Voya Financial in the second quarter valued at $262,000. Finally, Stephens Inc. AR acquired a new stake in Voya Financial in the third quarter valued at $273,000. Hedge funds and other institutional investors own 96.80% of the company’s stock.
VOYA has been the topic of a number of analyst reports. Wells Fargo & Co reaffirmed a “buy” rating on shares of Voya Financial in a research note on Friday, December 8th. Deutsche Bank initiated coverage on Voya Financial in a research note on Tuesday, January 2nd. They set a “buy” rating and a $59.00 price objective on the stock. Evercore ISI raised Voya Financial to a “buy” rating and set a $60.00 price objective on the stock in a research note on Wednesday, December 27th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $55.00 price objective on shares of Voya Financial in a research note on Thursday, December 21st. Finally, Royal Bank of Canada reaffirmed a “buy” rating and set a $50.00 price objective on shares of Voya Financial in a research note on Thursday, November 2nd. One analyst has rated the stock with a sell rating, two have given a hold rating and eleven have issued a buy rating to the company’s stock. Voya Financial presently has a consensus rating of “Buy” and an average price target of $52.18.
Voya Financial Inc (NYSE:VOYA) traded up $0.22 during midday trading on Friday, reaching $53.68. The company had a trading volume of 2,198,200 shares, compared to its average volume of 2,372,033. Voya Financial Inc has a 1 year low of $33.53 and a 1 year high of $54.63. The stock has a market capitalization of $9,750.00, a P/E ratio of -30.16, a PEG ratio of 0.67 and a beta of 1.65. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.14 and a quick ratio of 0.14.
Voya Financial (NYSE:VOYA) last released its earnings results on Tuesday, October 31st. The asset manager reported $0.51 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.90 by ($0.39). Voya Financial had a positive return on equity of 3.92% and a negative net margin of 3.64%. The business had revenue of $226.50 million for the quarter, compared to analysts’ expectations of $322.92 million. During the same quarter last year, the company posted ($1.24) earnings per share. sell-side analysts predict that Voya Financial Inc will post 2.93 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, December 28th. Investors of record on Thursday, November 30th were given a dividend of $0.01 per share. The ex-dividend date was Wednesday, November 29th. This represents a $0.04 annualized dividend and a yield of 0.07%. Voya Financial’s dividend payout ratio (DPR) is presently -2.25%.
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About Voya Financial
Voya Financial, Inc is a retirement, investment and insurance company. The Company operates through five segments: Retirement, Investment Management, Annuities, Individual Life and Employee Benefits. The Retirement segment is a provider of retirement services and products in the United States. The Investment Management segment offers domestic and international fixed income, equity, multi-asset and alternatives products and solutions.
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