Voya Financial (NYSE:VOYA) was upgraded by stock analysts at TheStreet from a “c+” rating to a “b” rating in a research note issued on Friday, TheStreetRatingsTable reports.

Other research analysts have also recently issued reports about the company. UBS Group lifted their price target on Voya Financial from $57.00 to $59.00 and gave the company a “buy” rating in a research report on Thursday, October 10th. Royal Bank of Canada upped their price objective on Voya Financial to $65.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. ValuEngine upgraded Voya Financial from a “strong sell” rating to a “sell” rating in a research report on Tuesday. SunTrust Banks raised their price objective on shares of Voya Financial to $58.00 and gave the stock a “hold” rating in a research note on Friday, November 8th. Finally, Morgan Stanley set a $63.00 target price on shares of Voya Financial and gave the company a “buy” rating in a report on Friday, September 13th. Two analysts have rated the stock with a sell rating, one has issued a hold rating and six have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $59.88.

Shares of VOYA opened at $57.76 on Friday. The business’s 50-day moving average is $56.00 and its two-hundred day moving average is $54.06. The company has a market capitalization of $7.86 billion, a P/E ratio of 14.30, a P/E/G ratio of 0.53 and a beta of 1.51. Voya Financial has a fifty-two week low of $36.66 and a fifty-two week high of $59.00. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.16 and a current ratio of 0.16.

Voya Financial (NYSE:VOYA) last issued its quarterly earnings data on Tuesday, November 5th. The asset manager reported $1.36 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.40 by ($0.04). Voya Financial had a net margin of 5.77% and a return on equity of 7.82%. The company had revenue of $187.00 million during the quarter, compared to analyst estimates of $301.05 million. During the same period last year, the firm earned $1.34 EPS. Analysts forecast that Voya Financial will post 5.43 EPS for the current year.

In related news, CEO Rodney O. Martin, Jr. sold 129,684 shares of Voya Financial stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $57.86, for a total value of $7,503,516.24. Following the completion of the transaction, the chief executive officer now owns 159,373 shares in the company, valued at approximately $9,221,321.78. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 1.69% of the stock is owned by company insiders.

Several large investors have recently made changes to their positions in the company. Quest Capital Management Inc. ADV purchased a new stake in Voya Financial in the 3rd quarter worth $27,000. Patriot Financial Group Insurance Agency LLC lifted its holdings in Voya Financial by 2,380.0% during the second quarter. Patriot Financial Group Insurance Agency LLC now owns 496 shares of the asset manager’s stock valued at $28,000 after purchasing an additional 476 shares in the last quarter. Doyle Wealth Management purchased a new position in Voya Financial during the second quarter valued at $42,000. US Bancorp DE lifted its holdings in Voya Financial by 18.5% during the second quarter. US Bancorp DE now owns 1,438 shares of the asset manager’s stock valued at $79,000 after purchasing an additional 224 shares in the last quarter. Finally, Schroder Investment Management Group grew its position in shares of Voya Financial by 22.6% in the second quarter. Schroder Investment Management Group now owns 3,800 shares of the asset manager’s stock valued at $210,000 after purchasing an additional 700 shares during the period.

About Voya Financial

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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Analyst Recommendations for Voya Financial (NYSE:VOYA)

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