Candriam Luxembourg S.C.A. lifted its holdings in Voya Financial Inc (NYSE:VOYA) by 23.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 7,044 shares of the asset manager’s stock after acquiring an additional 1,341 shares during the quarter. Candriam Luxembourg S.C.A.’s holdings in Voya Financial were worth $283,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Suntrust Banks Inc. bought a new position in shares of Voya Financial in the 4th quarter worth approximately $1,131,000. Two Sigma Advisers LP increased its holdings in Voya Financial by 192.5% in the 4th quarter. Two Sigma Advisers LP now owns 52,800 shares of the asset manager’s stock worth $2,119,000 after acquiring an additional 34,746 shares in the last quarter. Weiss Multi Strategy Advisers LLC purchased a new stake in Voya Financial in the 4th quarter worth approximately $4,014,000. Brandywine Global Investment Management LLC increased its holdings in Voya Financial by 15.7% in the 4th quarter. Brandywine Global Investment Management LLC now owns 185,760 shares of the asset manager’s stock worth $7,457,000 after acquiring an additional 25,157 shares in the last quarter. Finally, Barclays PLC increased its holdings in Voya Financial by 111.4% in the 4th quarter. Barclays PLC now owns 209,981 shares of the asset manager’s stock worth $8,429,000 after acquiring an additional 110,632 shares in the last quarter.
In other news, Director Joseph V. Tripodi purchased 1,500 shares of the business’s stock in a transaction dated Wednesday, February 13th. The shares were purchased at an average price of $49.45 per share, for a total transaction of $74,175.00. Following the completion of the purchase, the director now owns 3,500 shares in the company, valued at approximately $173,075. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, insider Chetlur S. Ragavan sold 1,853 shares of Voya Financial stock in a transaction dated Friday, February 22nd. The shares were sold at an average price of $49.98, for a total value of $92,612.94. Following the completion of the transaction, the insider now owns 37,452 shares in the company, valued at approximately $1,871,850.96. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 50,049 shares of company stock worth $2,534,263. Insiders own 0.36% of the company’s stock.
VOYA traded up $0.04 during trading on Friday, reaching $54.66. The company had a trading volume of 1,054,895 shares, compared to its average volume of 1,381,431. The company has a market cap of $8.09 billion, a PE ratio of 13.53 and a beta of 1.46. Voya Financial Inc has a 52 week low of $36.66 and a 52 week high of $55.61. The company has a quick ratio of 0.17, a current ratio of 0.17 and a debt-to-equity ratio of 0.55.
Voya Financial (NYSE:VOYA) last released its earnings results on Tuesday, February 5th. The asset manager reported $1.32 earnings per share for the quarter, topping the consensus estimate of $1.22 by $0.10. Voya Financial had a return on equity of 8.04% and a net margin of 10.28%. During the same quarter in the prior year, the business earned $0.87 earnings per share. As a group, research analysts anticipate that Voya Financial Inc will post 5.55 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Thursday, February 28th were paid a dividend of $0.01 per share. The ex-dividend date was Wednesday, February 27th. This represents a $0.04 annualized dividend and a dividend yield of 0.07%. Voya Financial’s dividend payout ratio is currently 0.99%.
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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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