Voya Financial Inc (NYSE:VOYA) Director Byron H. Pollitt, Jr. purchased 500 shares of the firm’s stock in a transaction that occurred on Friday, August 9th. The shares were acquired at an average price of $49.99 per share, with a total value of $24,995.00. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website.

NYSE:VOYA traded up $2.04 during mid-day trading on Tuesday, hitting $50.16. 2,292,437 shares of the company’s stock traded hands, compared to its average volume of 1,382,894. The company has a current ratio of 0.16, a quick ratio of 0.17 and a debt-to-equity ratio of 0.47. The business has a 50 day simple moving average of $55.07. Voya Financial Inc has a 1 year low of $36.66 and a 1 year high of $57.57. The stock has a market capitalization of $7.11 billion, a P/E ratio of 12.42, a PEG ratio of 0.42 and a beta of 1.46.

Voya Financial (NYSE:VOYA) last posted its earnings results on Tuesday, August 6th. The asset manager reported $1.52 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.47 by $0.05. Voya Financial had a net margin of 6.16% and a return on equity of 8.47%. The firm had revenue of $278.00 million during the quarter, compared to the consensus estimate of $314.19 million. During the same period last year, the firm posted $1.13 EPS. Research analysts anticipate that Voya Financial Inc will post 5.56 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 27th. Shareholders of record on Thursday, August 29th will be issued a dividend of $0.15 per share. This is an increase from Voya Financial’s previous quarterly dividend of $0.01. This represents a $0.60 annualized dividend and a yield of 1.20%. The ex-dividend date of this dividend is Wednesday, August 28th. Voya Financial’s dividend payout ratio (DPR) is 0.99%.

A number of equities analysts have recently issued reports on the stock. Morgan Stanley set a $64.00 price target on shares of Voya Financial and gave the company a “buy” rating in a report on Wednesday, August 7th. Royal Bank of Canada set a $60.00 price target on shares of Voya Financial and gave the company a “buy” rating in a report on Wednesday, August 7th. Finally, ValuEngine downgraded shares of Voya Financial from a “hold” rating to a “sell” rating in a report on Thursday, August 8th. Two investment analysts have rated the stock with a sell rating and four have issued a buy rating to the company. Voya Financial presently has an average rating of “Hold” and an average price target of $59.20.

A number of large investors have recently bought and sold shares of the business. HighTower Advisors LLC lifted its position in Voya Financial by 8.9% during the second quarter. HighTower Advisors LLC now owns 17,270 shares of the asset manager’s stock valued at $956,000 after buying an additional 1,418 shares in the last quarter. APG Asset Management N.V. increased its stake in shares of Voya Financial by 1,477.6% in the second quarter. APG Asset Management N.V. now owns 506,400 shares of the asset manager’s stock worth $24,591,000 after buying an additional 474,300 shares during the last quarter. Parametric Portfolio Associates LLC increased its stake in shares of Voya Financial by 0.3% in the second quarter. Parametric Portfolio Associates LLC now owns 1,286,972 shares of the asset manager’s stock worth $71,170,000 after buying an additional 4,140 shares during the last quarter. H2O AM LLP increased its stake in shares of Voya Financial by 30.0% in the second quarter. H2O AM LLP now owns 241,391 shares of the asset manager’s stock worth $13,348,000 after buying an additional 55,702 shares during the last quarter. Finally, Ossiam bought a new stake in shares of Voya Financial in the second quarter worth $307,000.

Voya Financial Company Profile

Voya Financial, Inc operates as a retirement, investment, and employee benefits company in the United States. It operates through four segments: Retirement, Investment Management, Employee Benefits, and Individual Life. The Retirement segment offers tax-deferred employer-sponsored retirement savings plans and administrative services; and individual retirement accounts, and other retail financial products and financial services, as well as financial planning and advisory services.

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Insider Buying and Selling by Quarter for Voya Financial (NYSE:VOYA)

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