1,593 Shares in Voya Financial, Inc. (NYSE:VOYA) Purchased by Murphy & Mullick Capital Management Corp

Murphy & Mullick Capital Management Corp bought a new stake in Voya Financial, Inc. (NYSE:VOYA) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,593 shares of the asset manager’s stock, valued at approximately $110,000.

Several other institutional investors also recently made changes to their positions in the stock. Impax Asset Management Group plc lifted its holdings in shares of Voya Financial by 277.8% in the 4th quarter. Impax Asset Management Group plc now owns 2,898,785 shares of the asset manager’s stock worth $199,062,000 after purchasing an additional 2,131,578 shares during the last quarter. Wealthfront Advisers LLC bought a new stake in Voya Financial in the fourth quarter valued at $67,214,000. Bank of New York Mellon Corp boosted its holdings in shares of Voya Financial by 15.7% during the fourth quarter. Bank of New York Mellon Corp now owns 6,472,277 shares of the asset manager’s stock valued at $445,487,000 after acquiring an additional 876,399 shares during the period. Hennessy Advisors Inc. bought a new position in shares of Voya Financial during the fourth quarter worth about $47,155,000. Finally, FMR LLC increased its holdings in shares of Voya Financial by 25.9% in the 3rd quarter. FMR LLC now owns 2,884,044 shares of the asset manager’s stock worth $228,474,000 after acquiring an additional 592,523 shares during the period. 96.10% of the stock is owned by institutional investors.

Voya Financial Stock Performance

NYSE:VOYA opened at $70.02 on Thursday. The company has a current ratio of 0.30, a quick ratio of 0.31 and a debt-to-equity ratio of 0.59. The company has a 50-day moving average of $70.51 and a 200-day moving average of $74.48. Voya Financial, Inc. has a twelve month low of $64.10 and a twelve month high of $84.30. The firm has a market cap of $6.69 billion, a price-to-earnings ratio of 11.44, a price-to-earnings-growth ratio of 0.48 and a beta of 1.03.

Voya Financial (NYSE:VOYA) last posted its quarterly earnings results on Tuesday, February 4th. The asset manager reported $1.50 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.15 by ($0.65). Voya Financial had a return on equity of 14.10% and a net margin of 8.29%. Analysts forecast that Voya Financial, Inc. will post 8.39 earnings per share for the current fiscal year.

Voya Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Tuesday, February 25th will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.57%. The ex-dividend date of this dividend is Tuesday, February 25th. Voya Financial’s dividend payout ratio (DPR) is presently 29.41%.

Analysts Set New Price Targets

VOYA has been the subject of a number of analyst reports. Bank of America reissued a “neutral” rating and set a $83.00 target price (down from $91.00) on shares of Voya Financial in a research note on Wednesday, December 11th. Morgan Stanley upgraded Voya Financial from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $76.00 to $87.00 in a research report on Friday, February 28th. JPMorgan Chase & Co. lowered their target price on Voya Financial from $87.00 to $82.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 7th. Barclays lowered Voya Financial from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 6th. Finally, Royal Bank of Canada lowered their price target on Voya Financial from $90.00 to $85.00 and set an “outperform” rating on the stock in a report on Monday, February 3rd. Six analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $83.55.

About Voya Financial

Voya Financial, Inc engages in the provision of workplace benefits and savings products in the United States and internationally. The company operates through three segments: Wealth Solutions, Health Solutions, and Investment Management. The Wealth Solutions segment offers full-service retirement products; recordkeeping services; stable value and fixed general account investment products; non-qualified plan administration services; and tools, guidance, and services to promote the financial well-being and retirement security of employees.