Alyeska Investment Group L.P. lifted its holdings in shares of Voya Financial, Inc. (NYSE:VOYA) by 956.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 369,607 shares of the asset manager’s stock after buying an additional 334,624 shares during the period. Alyeska Investment Group L.P. owned approximately 0.21% of Voya Financial worth $14,744,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. lifted its position in Voya Financial by 0.8% in the second quarter. Vanguard Group Inc. now owns 15,350,277 shares of the asset manager’s stock valued at $566,271,000 after purchasing an additional 125,764 shares during the period. Franklin Resources Inc. lifted its position in Voya Financial by 1.7% in the second quarter. Franklin Resources Inc. now owns 13,647,536 shares of the asset manager’s stock valued at $503,475,000 after purchasing an additional 233,423 shares during the period. BlackRock Inc. lifted its position in Voya Financial by 2.5% in the second quarter. BlackRock Inc. now owns 10,921,195 shares of the asset manager’s stock valued at $402,882,000 after purchasing an additional 269,982 shares during the period. Bank of New York Mellon Corp lifted its position in Voya Financial by 5.3% in the third quarter. Bank of New York Mellon Corp now owns 6,435,846 shares of the asset manager’s stock valued at $256,727,000 after purchasing an additional 323,678 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in Voya Financial by 28.0% in the second quarter. JPMorgan Chase & Co. now owns 5,655,104 shares of the asset manager’s stock valued at $208,617,000 after purchasing an additional 1,236,885 shares during the period. Institutional investors and hedge funds own 96.91% of the company’s stock.

Shares of Voya Financial, Inc. (NYSE:VOYA) traded up $1.99 during trading on Monday, reaching $46.15. 4,819,800 shares of the company’s stock were exchanged, compared to its average volume of 1,530,329. Voya Financial, Inc. has a 12 month low of $33.53 and a 12 month high of $46.35. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.14 and a current ratio of 0.14. The stock has a market capitalization of $8,295.32, a PE ratio of 15.91, a PEG ratio of 0.84 and a beta of 1.65.

Voya Financial (NYSE:VOYA) last issued its earnings results on Tuesday, October 31st. The asset manager reported $0.51 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.90 by ($0.39). Voya Financial had a negative net margin of 3.64% and a positive return on equity of 3.92%. The company had revenue of $226.50 million during the quarter, compared to analysts’ expectations of $322.92 million. During the same period last year, the business posted ($1.24) earnings per share. research analysts predict that Voya Financial, Inc. will post 3 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 28th. Shareholders of record on Thursday, November 30th will be issued a $0.01 dividend. The ex-dividend date of this dividend is Wednesday, November 29th. This represents a $0.04 dividend on an annualized basis and a yield of 0.09%. Voya Financial’s dividend payout ratio (DPR) is presently -2.23%.

A number of equities research analysts recently commented on the stock. Sandler O’Neill upgraded shares of Voya Financial from a “hold” rating to a “buy” rating in a research report on Monday, November 13th. BidaskClub upgraded shares of Voya Financial from a “hold” rating to a “buy” rating in a research report on Saturday, September 23rd. Goldman Sachs Group assumed coverage on shares of Voya Financial in a research report on Wednesday, October 18th. They issued a “buy” rating and a $46.00 price objective for the company. Royal Bank Of Canada restated a “buy” rating and issued a $50.00 price objective on shares of Voya Financial in a research report on Thursday, November 2nd. Finally, Keefe, Bruyette & Woods restated a “buy” rating and issued a $51.00 price objective on shares of Voya Financial in a research report on Friday, November 10th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and ten have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $47.70.

COPYRIGHT VIOLATION WARNING: “Alyeska Investment Group L.P. Acquires 334,624 Shares of Voya Financial, Inc. (VOYA)” was published by Watch List News and is the sole property of of Watch List News. If you are viewing this news story on another site, it was stolen and reposted in violation of United States & international trademark & copyright legislation. The original version of this news story can be read at https://www.watchlistnews.com/alyeska-investment-group-l-p-acquires-334624-shares-of-voya-financial-inc-voya/1757689.html.

Voya Financial 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.

Want to see what other hedge funds are holding VOYA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Voya Financial, Inc. (NYSE:VOYA).

Institutional Ownership by Quarter for Voya Financial (NYSE:VOYA)

Receive News & Ratings for Voya Financial Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Voya Financial Inc. and related companies with MarketBeat.com's FREE daily email newsletter.