Voya Financial Inc (NYSE:VOYA) Shares Sold by Monarch Partners Asset Management LLC

Monarch Partners Asset Management LLC decreased its holdings in shares of Voya Financial Inc (NYSE:VOYA) by 23.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 69,155 shares of the asset manager’s stock after selling 21,317 shares during the period. Monarch Partners Asset Management LLC’s holdings in Voya Financial were worth $3,765,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in VOYA. Quest Capital Management Inc. ADV acquired a new position in Voya Financial during the 3rd quarter worth approximately $27,000. Patriot Financial Group Insurance Agency LLC boosted its stake in shares of Voya Financial by 2,380.0% during the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 496 shares of the asset manager’s stock worth $28,000 after acquiring an additional 476 shares in the last quarter. Hexavest Inc. purchased a new stake in shares of Voya Financial during the 2nd quarter worth approximately $30,000. Doyle Wealth Management purchased a new stake in shares of Voya Financial during the 2nd quarter worth approximately $42,000. Finally, US Bancorp DE boosted its stake in shares of Voya Financial by 18.5% during the 2nd quarter. US Bancorp DE now owns 1,438 shares of the asset manager’s stock worth $79,000 after acquiring an additional 224 shares in the last quarter.

In related news, Director Byron H. Pollitt, Jr. bought 1,000 shares of Voya Financial stock in a transaction that occurred on Monday, August 12th. The shares were purchased at an average price of $49.30 per share, with a total value of $49,300.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 1.69% of the stock is currently owned by corporate insiders.

Shares of NYSE:VOYA traded down $0.39 during trading on Friday, hitting $57.42. 1,013,893 shares of the stock were exchanged, compared to its average volume of 1,313,254. The company has a fifty day moving average price of $54.22 and a two-hundred day moving average price of $53.66. The company has a market cap of $7.88 billion, a PE ratio of 14.21, a P/E/G ratio of 0.56 and a beta of 1.51. The company has a current ratio of 0.17, a quick ratio of 0.17 and a debt-to-equity ratio of 0.47. Voya Financial Inc has a 12-month low of $36.66 and a 12-month high of $59.00.

Voya Financial (NYSE:VOYA) last posted its earnings results on Tuesday, November 5th. The asset manager reported $1.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.40 by ($0.04). Voya Financial had a net margin of 5.77% and a return on equity of 8.09%. The company had revenue of $187.00 million during the quarter, compared to analysts’ expectations of $301.05 million. During the same period in the previous year, the company posted $1.34 EPS. Equities research analysts anticipate that Voya Financial Inc will post 5.46 earnings per share for the current fiscal year.

VOYA has been the topic of several research analyst reports. UBS Group boosted their price target on Voya Financial from $57.00 to $59.00 and gave the stock a “buy” rating in a research note on Thursday, October 10th. ValuEngine lowered Voya Financial from a “sell” rating to a “strong sell” rating in a research note on Monday, October 21st. Royal Bank of Canada boosted their price target on Voya Financial to $65.00 and gave the stock an “outperform” rating in a research note on Thursday. SunTrust Banks boosted their price target on Voya Financial to $58.00 and gave the stock a “hold” rating in a research note on Friday. Finally, Citigroup decreased their price target on Voya Financial from $65.00 to $62.00 and set a “buy” rating on the stock in a research note on Friday, September 13th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and six have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $60.13.

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

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