Universal Beteiligungs und Servicegesellschaft mbH Acquires 90,764 Shares of Voya Financial, Inc. $VOYA

Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in shares of Voya Financial, Inc. (NYSE:VOYA) by 148.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 151,883 shares of the asset manager’s stock after buying an additional 90,764 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.16% of Voya Financial worth $11,361,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Massachusetts Financial Services Co. MA lifted its position in Voya Financial by 3.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,662,301 shares of the asset manager’s stock valued at $199,140,000 after acquiring an additional 88,151 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in Voya Financial by 10.1% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 230,930 shares of the asset manager’s stock worth $16,396,000 after purchasing an additional 21,186 shares in the last quarter. Davis Capital Management purchased a new stake in shares of Voya Financial in the third quarter worth approximately $1,484,000. Pacer Advisors Inc. bought a new position in shares of Voya Financial in the third quarter valued at approximately $1,310,000. Finally, Balyasny Asset Management L.P. lifted its holdings in shares of Voya Financial by 119.6% in the second quarter. Balyasny Asset Management L.P. now owns 2,085,387 shares of the asset manager’s stock valued at $148,062,000 after purchasing an additional 1,135,935 shares in the last quarter. 96.10% of the stock is owned by institutional investors.

Voya Financial Stock Performance

NYSE VOYA opened at $76.06 on Friday. The company has a market capitalization of $7.24 billion, a PE ratio of 13.07, a price-to-earnings-growth ratio of 0.48 and a beta of 0.90. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.27 and a current ratio of 0.27. Voya Financial, Inc. has a 52-week low of $52.43 and a 52-week high of $79.99. The company has a 50-day simple moving average of $73.78 and a 200 day simple moving average of $73.70.

Voya Financial (NYSE:VOYA) last released its earnings results on Tuesday, November 4th. The asset manager reported $2.45 earnings per share for the quarter, beating analysts’ consensus estimates of $2.22 by $0.23. Voya Financial had a net margin of 7.55% and a return on equity of 13.89%. The firm had revenue of $1.94 billion for the quarter, compared to analysts’ expectations of $1.97 billion. During the same period in the previous year, the company earned $2.12 earnings per share. The company’s quarterly revenue was up 8.8% on a year-over-year basis. On average, research analysts predict that Voya Financial, Inc. will post 8.39 EPS for the current year.

Voya Financial Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Wednesday, November 26th were given a $0.47 dividend. This is an increase from Voya Financial’s previous quarterly dividend of $0.45. This represents a $1.88 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend was Wednesday, November 26th. Voya Financial’s dividend payout ratio (DPR) is 32.30%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Wall Street Zen downgraded Voya Financial from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Wells Fargo & Company increased their target price on shares of Voya Financial from $80.00 to $86.00 and gave the company an “equal weight” rating in a report on Tuesday, January 13th. Barclays upgraded shares of Voya Financial from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $83.00 to $93.00 in a report on Thursday, January 8th. Morgan Stanley reaffirmed an “overweight” rating on shares of Voya Financial in a research report on Thursday. Finally, Keefe, Bruyette & Woods dropped their target price on shares of Voya Financial from $86.00 to $84.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 11th. Seven investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $86.33.

Voya Financial Profile

Voya Financial, Inc (NYSE: VOYA) is a financial services company headquartered in New York City, focused on helping Americans plan, invest and protect their savings. The company traces its roots to the U.S. operations of ING Group, which were spun off in 2013 and rebranded as Voya Financial in 2014. Voya’s operations are built around a customer-centric approach, drawing on decades of experience in retirement planning and risk management to serve both individual and institutional clients.

Voya’s core business activities span three key segments: Retirement, Investment Management and Employee Benefits.