AHL Partners LLP Boosts Position in Voya Financial, Inc. (VOYA)
AHL Partners LLP increased its position in shares of Voya Financial, Inc. (NYSE:VOYA) by 261.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 152,287 shares of the asset manager’s stock after acquiring an additional 110,137 shares during the period. AHL Partners LLP owned about 0.08% of Voya Financial worth $5,618,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Oppenheimer Asset Management Inc. lifted its stake in Voya Financial by 56.5% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 11,091 shares of the asset manager’s stock worth $410,000 after acquiring an additional 4,002 shares in the last quarter. Paragon Capital Management Ltd acquired a new position in Voya Financial during the 2nd quarter worth about $239,000. State Board of Administration of Florida Retirement System lifted its stake in Voya Financial by 8.8% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 238,126 shares of the asset manager’s stock worth $8,784,000 after acquiring an additional 19,240 shares in the last quarter. Scout Investments Inc. acquired a new position in Voya Financial during the 2nd quarter worth about $20,004,000. Finally, State of Wisconsin Investment Board lifted its stake in Voya Financial by 25.9% during the 2nd quarter. State of Wisconsin Investment Board now owns 156,435 shares of the asset manager’s stock worth $5,771,000 after acquiring an additional 32,150 shares in the last quarter. 97.59% of the stock is currently owned by hedge funds and other institutional investors.
In related news, insider Kevin D. Silva sold 8,500 shares of the business’s stock in a transaction dated Thursday, August 3rd. The stock was sold at an average price of $40.28, for a total value of $342,380.00. Following the transaction, the insider now owns 5,379 shares in the company, valued at $216,666.12. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 0.17% of the company’s stock.
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Several research firms recently issued reports on VOYA. ValuEngine raised Voya Financial from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, July 11th. BidaskClub lowered Voya Financial from a “hold” rating to a “sell” rating in a research note on Saturday, June 24th. Finally, Royal Bank Of Canada increased their target price on Voya Financial from $44.00 to $46.00 and gave the stock an “outperform” rating in a research note on Thursday, August 3rd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and ten have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $46.11.
Voya Financial, Inc. (NYSE VOYA) opened at 40.70 on Friday. The stock has a 50 day moving average price of $38.43 and a 200-day moving average price of $37.46. The stock’s market cap is $7.31 billion. Voya Financial, Inc. has a 12-month low of $28.96 and a 12-month high of $42.96.
Voya Financial (NYSE:VOYA) last released its quarterly earnings results on Tuesday, August 1st. The asset manager reported $0.67 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.85 by ($0.18). Voya Financial had a positive return on equity of 3.68% and a negative net margin of 7.67%. The business had revenue of $272.90 million during the quarter, compared to analyst estimates of $318.84 million. During the same quarter last year, the firm posted $0.79 EPS. On average, equities analysts expect that Voya Financial, Inc. will post $3.34 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Thursday, September 28th. Investors of record on Thursday, August 31st were paid a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.10%. The ex-dividend date of this dividend was Tuesday, August 29th. Voya Financial’s dividend payout ratio (DPR) is -1.04%.
Voya Financial Company Profile
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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