Impact Partnership Wealth LLC Has $267,000 Stake in Voya Financial, Inc. (NYSE:VOYA)

Impact Partnership Wealth LLC reduced its stake in shares of Voya Financial, Inc. (NYSE:VOYA) by 40.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,872 shares of the asset manager’s stock after selling 2,651 shares during the period. Impact Partnership Wealth LLC’s holdings in Voya Financial were worth $267,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in VOYA. V Square Quantitative Management LLC bought a new position in shares of Voya Financial in the 3rd quarter valued at approximately $29,000. UMB Bank n.a. lifted its stake in shares of Voya Financial by 118.9% in the third quarter. UMB Bank n.a. now owns 440 shares of the asset manager’s stock worth $35,000 after buying an additional 239 shares during the last quarter. Blue Trust Inc. boosted its holdings in shares of Voya Financial by 3,640.9% during the 3rd quarter. Blue Trust Inc. now owns 823 shares of the asset manager’s stock worth $65,000 after buying an additional 801 shares during the period. Quarry LP acquired a new position in Voya Financial in the 2nd quarter valued at $61,000. Finally, Brooklyn Investment Group bought a new position in Voya Financial in the 3rd quarter worth $79,000. Institutional investors own 96.10% of the company’s stock.

Voya Financial Stock Performance

NYSE:VOYA opened at $70.10 on Friday. The firm has a market capitalization of $6.75 billion, a PE ratio of 11.16, a price-to-earnings-growth ratio of 0.48 and a beta of 1.05. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 0.54. Voya Financial, Inc. has a 12-month low of $63.11 and a 12-month high of $84.30. The firm has a 50-day moving average price of $72.96 and a 200 day moving average price of $74.15.

Voya Financial (NYSE:VOYA) last issued its earnings results on Monday, November 4th. The asset manager reported $2.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.05 by $0.07. Voya Financial had a return on equity of 15.09% and a net margin of 8.81%. The business had revenue of $1.96 billion during the quarter, compared to analysts’ expectations of $1.86 billion. During the same period in the prior year, the firm posted $2.07 EPS. Voya Financial’s quarterly revenue was up 7.3% compared to the same quarter last year. Research analysts anticipate that Voya Financial, Inc. will post 7.25 earnings per share for the current fiscal year.

Voya Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 26th. Stockholders of record on Tuesday, November 26th were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 2.57%. The ex-dividend date of this dividend was Tuesday, November 26th. Voya Financial’s payout ratio is 28.66%.

Insider Buying and Selling

In other Voya Financial news, insider Tony D. Oh sold 715 shares of Voya Financial stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $81.95, for a total value of $58,594.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.37% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on VOYA shares. Evercore ISI decreased their price target on shares of Voya Financial from $94.00 to $89.00 and set an “outperform” rating for the company in a report on Tuesday, December 10th. Royal Bank of Canada decreased their target price on Voya Financial from $95.00 to $90.00 and set an “outperform” rating for the company in a research note on Wednesday, December 11th. JPMorgan Chase & Co. cut their price target on Voya Financial from $87.00 to $82.00 and set a “neutral” rating for the company in a report on Tuesday, January 7th. Keefe, Bruyette & Woods reduced their price objective on Voya Financial from $92.00 to $90.00 and set an “outperform” rating for the company in a research report on Friday, January 10th. Finally, Barclays dropped their target price on shares of Voya Financial from $85.00 to $81.00 and set an “overweight” rating on the stock in a research report on Tuesday, December 10th. Six investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Voya Financial currently has an average rating of “Moderate Buy” and an average target price of $83.73.

Voya Financial Company Profile

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.