Amundi Pioneer Asset Management Inc. acquired a new position in shares of Voya Financial Inc (NYSE:VOYA) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 415,635 shares of the asset manager’s stock, valued at approximately $20,560,000. Amundi Pioneer Asset Management Inc. owned about 0.23% of Voya Financial as of its most recent SEC filing.
Several other hedge funds have also bought and sold shares of VOYA. Steward Partners Investment Advisory LLC acquired a new position in Voya Financial in the fourth quarter valued at $133,000. Eagle Global Advisors LLC acquired a new position in Voya Financial in the fourth quarter valued at $247,000. IFM Investors Pty Ltd acquired a new position in Voya Financial in the third quarter valued at $254,000. Stephens Inc. AR acquired a new position in Voya Financial in the third quarter valued at $273,000. Finally, Private Advisor Group LLC acquired a new position in Voya Financial in the third quarter valued at $274,000.
In other news, insider Kevin D. Silva sold 895 shares of Voya Financial stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $50.77, for a total transaction of $45,439.15. Following the sale, the insider now directly owns 9,299 shares of the company’s stock, valued at $472,110.23. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Kevin D. Silva sold 5,480 shares of Voya Financial stock in a transaction dated Thursday, March 8th. The stock was sold at an average price of $51.70, for a total value of $283,316.00. Following the sale, the insider now directly owns 14,577 shares in the company, valued at $753,630.90. The disclosure for this sale can be found here. Company insiders own 0.24% of the company’s stock.
Voya Financial Inc (VOYA) opened at $53.97 on Tuesday. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.18 and a quick ratio of 0.18. Voya Financial Inc has a 52-week low of $33.53 and a 52-week high of $54.87. The company has a market capitalization of $9,105.88, a PE ratio of -3.23, a price-to-earnings-growth ratio of 0.67 and a beta of 1.56.
Voya Financial (NYSE:VOYA) last released its quarterly earnings data on Tuesday, February 13th. The asset manager reported $0.87 EPS for the quarter, beating the consensus estimate of $0.70 by $0.17. Voya Financial had a positive return on equity of 3.90% and a negative net margin of 31.38%. The company had revenue of $2.19 billion for the quarter. equities research analysts anticipate that Voya Financial Inc will post 4.3 EPS for the current fiscal year.
Voya Financial announced that its Board of Directors has initiated a share buyback program on Tuesday, February 13th that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the asset manager to purchase shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company’s board believes its shares are undervalued.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 28th. Shareholders of record on Wednesday, February 28th will be given a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.07%. The ex-dividend date of this dividend is Tuesday, February 27th. Voya Financial’s dividend payout ratio (DPR) is presently -0.24%.
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.
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