Mutual of America Capital Management LLC Sells 2,611 Shares of Voya Financial, Inc. (NYSE:VOYA)

Mutual of America Capital Management LLC reduced its position in shares of Voya Financial, Inc. (NYSE:VOYAFree Report) by 2.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 94,881 shares of the asset manager’s stock after selling 2,611 shares during the quarter. Mutual of America Capital Management LLC owned about 0.09% of Voya Financial worth $6,305,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. UBS Group AG raised its stake in shares of Voya Financial by 20.8% in the third quarter. UBS Group AG now owns 304,370 shares of the asset manager’s stock worth $20,225,000 after purchasing an additional 52,451 shares during the last quarter. Jupiter Asset Management Ltd. increased its position in shares of Voya Financial by 1,722.3% during the third quarter. Jupiter Asset Management Ltd. now owns 612,754 shares of the asset manager’s stock valued at $40,718,000 after acquiring an additional 579,128 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp increased its position in shares of Voya Financial by 69.4% during the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 58,224 shares of the asset manager’s stock valued at $3,869,000 after acquiring an additional 23,854 shares during the last quarter. Campbell & CO Investment Adviser LLC purchased a new stake in shares of Voya Financial during the third quarter valued at approximately $267,000. Finally, State Board of Administration of Florida Retirement System increased its position in shares of Voya Financial by 34.5% during the third quarter. State Board of Administration of Florida Retirement System now owns 166,440 shares of the asset manager’s stock valued at $11,060,000 after acquiring an additional 42,705 shares during the last quarter. 96.10% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Royal Bank of Canada decreased their price target on Voya Financial from $85.00 to $83.00 and set an “outperform” rating for the company in a research report on Thursday. StockNews.com raised Voya Financial from a “sell” rating to a “hold” rating in a report on Saturday, December 30th. The Goldman Sachs Group reissued a “neutral” rating and set a $82.00 price objective on shares of Voya Financial in a report on Monday, January 8th. Wells Fargo & Company cut their price target on Voya Financial from $91.00 to $85.00 and set an “overweight” rating for the company in a report on Tuesday, October 17th. Finally, Morgan Stanley cut their price target on Voya Financial from $84.00 to $79.00 and set an “overweight” rating for the company in a report on Wednesday. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, Voya Financial presently has a consensus rating of “Moderate Buy” and an average target price of $81.89.

View Our Latest Analysis on Voya Financial

Voya Financial Trading Up 0.9 %

NYSE VOYA opened at $69.82 on Friday. The stock’s 50-day simple moving average is $72.32 and its two-hundred day simple moving average is $70.40. Voya Financial, Inc. has a twelve month low of $62.79 and a twelve month high of $78.11. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.55. The company has a market capitalization of $7.30 billion, a price-to-earnings ratio of 12.86, a PEG ratio of 0.37 and a beta of 1.08.

Voya Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 27th. Shareholders of record on Monday, February 26th will be given a dividend of $0.40 per share. The ex-dividend date is Friday, February 23rd. This represents a $1.60 dividend on an annualized basis and a yield of 2.29%. Voya Financial’s payout ratio is 29.47%.

Voya Financial Profile

(Free Report)

Voya Financial, Inc operates as a retirement, investment, and employee benefits company in the United States. Its Wealth Solutions segment offers tax-deferred employer-sponsored retirement savings plans and administrative services; and individual retirement accounts, and other retail financial products and services, as well as financial planning and advisory services.

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Institutional Ownership by Quarter for Voya Financial (NYSE:VOYA)

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