Personal CFO Solutions LLC Sells 293 Shares of Voya Financial, Inc. (NYSE:VOYA)

Personal CFO Solutions LLC cut its stake in Voya Financial, Inc. (NYSE:VOYA) by 3.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,033 shares of the asset manager’s stock after selling 293 shares during the quarter. Personal CFO Solutions LLC’s holdings in Voya Financial were worth $553,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Jones Financial Companies Lllp increased its stake in Voya Financial by 81.0% in the 4th quarter. Jones Financial Companies Lllp now owns 409 shares of the asset manager’s stock valued at $28,000 after buying an additional 183 shares during the last quarter. SRS Capital Advisors Inc. boosted its holdings in Voya Financial by 207.0% in the 4th quarter. SRS Capital Advisors Inc. now owns 485 shares of the asset manager’s stock worth $33,000 after buying an additional 327 shares during the period. R Squared Ltd purchased a new position in Voya Financial in the 4th quarter valued at approximately $41,000. Venturi Wealth Management LLC raised its holdings in Voya Financial by 45.0% during the 4th quarter. Venturi Wealth Management LLC now owns 648 shares of the asset manager’s stock valued at $45,000 after acquiring an additional 201 shares during the period. Finally, Brooklyn Investment Group purchased a new stake in shares of Voya Financial during the third quarter worth $79,000. Institutional investors own 96.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on VOYA. JPMorgan Chase & Co. lowered their price objective on Voya Financial from $87.00 to $82.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 7th. Evercore ISI cut their target price on Voya Financial from $94.00 to $89.00 and set an “outperform” rating for the company in a research note on Tuesday, December 10th. Royal Bank of Canada decreased their price target on shares of Voya Financial from $90.00 to $85.00 and set an “outperform” rating on the stock in a research note on Monday, February 3rd. Bank of America reaffirmed a “neutral” rating and issued a $83.00 price objective (down previously from $91.00) on shares of Voya Financial in a research note on Wednesday, December 11th. Finally, Wells Fargo & Company boosted their price target on shares of Voya Financial from $76.00 to $79.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 19th. Six equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Voya Financial presently has an average rating of “Moderate Buy” and a consensus target price of $83.55.

Voya Financial Price Performance

Shares of Voya Financial stock opened at $70.36 on Monday. The business has a 50 day moving average of $70.65 and a 200 day moving average of $74.68. The company has a market cap of $6.72 billion, a PE ratio of 11.50, a P/E/G ratio of 0.48 and a beta of 1.03. The company has a quick ratio of 0.31, a current ratio of 0.30 and a debt-to-equity ratio of 0.59. Voya Financial, Inc. has a 52 week low of $64.10 and a 52 week high of $84.30.

Voya Financial (NYSE:VOYA) last announced its quarterly earnings data on Tuesday, February 4th. The asset manager reported $1.50 EPS for the quarter, missing the consensus estimate of $2.15 by ($0.65). Voya Financial had a net margin of 8.29% and a return on equity of 14.10%. As a group, equities research analysts forecast that Voya Financial, Inc. will post 8.39 earnings per share for the current year.

Voya Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Tuesday, February 25th will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 2.56%. The ex-dividend date is Tuesday, February 25th. Voya Financial’s dividend payout ratio (DPR) is presently 29.41%.

About Voya Financial

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.