ING US Inc (VOYA) Plans Quarterly Dividend of $0.01
ING US (NYSE:VOYA) declared a quarterly dividend on Thursday, October 31st, AnalystRatings.NET reports. Stockholders of record on Friday, November 29th will be given a dividend of $0.01 per share on Monday, December 30th. This represents a $0.04 dividend on an annualized basis and a yield of 0.13%.
VOYA has been the subject of a number of recent research reports. Analysts at Deutsche Bank raised their price target on shares of ING US from $31.00 to $33.00 in a research note to investors on Monday, August 12th. They now have a “hold” rating on the stock. On a related note, analysts at JPMorgan Chase & Co. downgraded shares of ING US from a “neutral” rating to an “underweight” rating in a research note to investors on Monday, August 12th. Finally, analysts at JPMorgan Chase & Co. downgraded shares of ING US from a “neutral” rating to an “underweight” rating in a research note to investors on Monday, August 12th. They now have a $30.00 price target on the stock. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $31.00.
ING US (NYSE:VOYA) traded down 0.55% during mid-day trading on Thursday, hitting $31.02. The stock had a trading volume of 988,717 shares. ING US has a one year low of $19.20 and a one year high of $32.70. The stock has a 50-day moving average of $30.05 and a 200-day moving average of $28.62. The company has a market cap of $8.090 billion and a P/E ratio of 147.82.
ING US (NYSE:VOYA) last issued its quarterly earnings data on Wednesday, August 7th. The company reported $0.71 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.62 by $0.09. The company had revenue of $306.80 million for the quarter, compared to the consensus estimate of $281.85 million. On average, analysts predict that ING US will post $2.76 earnings per share for the current fiscal year.
In other ING US news, Director Groep Nv Ing unloaded 37,950,000 shares of ING US stock on the open market in a transaction that occurred on Tuesday, October 29th. The shares were sold at an average price of $29.50, for a total transaction of $1,119,525,000.00. The sale was disclosed in a filing with the SEC, which is available at this link.
ING U.S., Inc is a retirement, investment and insurance company serving the financial needs of approximately 13 million individual and institutional customers in the United States.
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