Voya Financial, Inc. $VOYA Holdings Lifted by Qsemble Capital Management LP

Qsemble Capital Management LP raised its position in Voya Financial, Inc. (NYSE:VOYA) by 780.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 45,611 shares of the asset manager’s stock after purchasing an additional 40,433 shares during the quarter. Qsemble Capital Management LP’s holdings in Voya Financial were worth $3,398,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Hudson Bay Capital Management LP grew its stake in shares of Voya Financial by 21.1% in the third quarter. Hudson Bay Capital Management LP now owns 151,462 shares of the asset manager’s stock worth $11,329,000 after purchasing an additional 26,346 shares in the last quarter. Massachusetts Financial Services Co. MA raised its stake in shares of Voya Financial by 3.4% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,662,301 shares of the asset manager’s stock valued at $199,140,000 after purchasing an additional 88,151 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Voya Financial by 1.8% in the third quarter. Dimensional Fund Advisors LP now owns 2,431,802 shares of the asset manager’s stock worth $181,901,000 after purchasing an additional 43,513 shares during the period. Cadence Bank lifted its holdings in Voya Financial by 59.9% in the third quarter. Cadence Bank now owns 49,299 shares of the asset manager’s stock worth $3,688,000 after purchasing an additional 18,462 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH grew its position in Voya Financial by 148.5% in the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 151,883 shares of the asset manager’s stock valued at $11,361,000 after buying an additional 90,764 shares in the last quarter. Institutional investors own 96.10% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Keefe, Bruyette & Woods dropped their price target on shares of Voya Financial from $82.00 to $81.00 and set an “outperform” rating on the stock in a research report on Friday, April 10th. Barclays increased their price objective on shares of Voya Financial from $87.00 to $89.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Royal Bank Of Canada raised their price objective on shares of Voya Financial from $87.00 to $91.00 and gave the company an “outperform” rating in a research note on Wednesday. Weiss Ratings upgraded Voya Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, May 4th. Finally, Evercore decreased their price target on Voya Financial from $90.00 to $88.00 and set an “outperform” rating for the company in a research note on Wednesday, February 4th. Eight analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $87.80.

Voya Financial Price Performance

Shares of NYSE VOYA opened at $81.37 on Friday. Voya Financial, Inc. has a twelve month low of $64.50 and a twelve month high of $84.00. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.48. The firm has a 50-day moving average of $72.74 and a two-hundred day moving average of $73.23. The company has a market capitalization of $7.38 billion, a price-to-earnings ratio of 12.29, a PEG ratio of 0.73 and a beta of 0.94.

Voya Financial (NYSE:VOYA) last released its earnings results on Tuesday, May 5th. The asset manager reported $2.26 EPS for the quarter, topping analysts’ consensus estimates of $2.02 by $0.24. Voya Financial had a net margin of 8.24% and a return on equity of 13.84%. The business had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.98 billion. During the same period in the previous year, the firm earned $2.00 EPS. The business’s revenue for the quarter was up 3.1% on a year-over-year basis. As a group, analysts expect that Voya Financial, Inc. will post 9.65 earnings per share for the current fiscal year.

Voya Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Tuesday, May 26th will be issued a $0.47 dividend. The ex-dividend date of this dividend is Tuesday, May 26th. This represents a $1.88 annualized dividend and a dividend yield of 2.3%. Voya Financial’s dividend payout ratio is currently 28.40%.

Voya Financial Company Profile

Voya Financial, Inc (NYSE: VOYA) is a financial services company headquartered in New York City, focused on helping Americans plan, invest and protect their savings. The company traces its roots to the U.S. operations of ING Group, which were spun off in 2013 and rebranded as Voya Financial in 2014. Voya’s operations are built around a customer-centric approach, drawing on decades of experience in retirement planning and risk management to serve both individual and institutional clients.

Voya’s core business activities span three key segments: Retirement, Investment Management and Employee Benefits.