Could Voya Financial Inc See a Reversal After Today’s Strong Options Activity?

 Could Voya Financial Inc See a Reversal After Today's Strong Options Activity?

In today’s session Voya Financial Inc (VOYA) registered an unusually high (285) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious VOYA increase. With 285 contracts traded and 8144 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: VOYA161118C00031000 closed last at: $1.35 or 22.7% up. About 488,877 shares traded hands. Voya Financial Inc (NYSE:VOYA) has risen 2.93% since March 8, 2016 and is uptrending. It has underperformed by 6.39% the S&P500.

Analysts await Voya Financial Inc (NYSE:VOYA) to report earnings on November, 2. They expect $0.82 EPS, up 95.24% or $0.40 from last year’s $0.42 per share. VOYA’s profit will be $165.12M for 9.40 P/E if the $0.82 EPS becomes a reality. After $0.79 actual EPS reported by Voya Financial Inc for the previous quarter, Wall Street now forecasts 3.80% EPS growth.

Voya Financial Inc (NYSE:VOYA) Ratings Coverage

Out of 10 analysts covering Voya Financial (NYSE:VOYA), 5 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 50% are positive. $54 is the highest target while $29 is the lowest. The $38 average target is 23.22% above today’s ($30.84) stock price. Voya Financial has been the topic of 16 analyst reports since August 26, 2015 according to StockzIntelligence Inc. The stock of Voya Financial Inc (NYSE:VOYA) has “Neutral” rating given on Thursday, February 11 by JP Morgan. The stock of Voya Financial Inc (NYSE:VOYA) has “Market Perform” rating given on Friday, September 23 by Wells Fargo. The rating was upgraded by Zacks on Tuesday, September 8 to “Hold”. The stock of Voya Financial Inc (NYSE:VOYA) earned “Top Pick” rating by RBC Capital Markets on Thursday, November 5. The rating was upgraded by Bank of America on Wednesday, January 20 to “Buy”. The firm earned “Buy” rating on Thursday, July 14 by Deutsche Bank. The stock of Voya Financial Inc (NYSE:VOYA) earned “Neutral” rating by Goldman Sachs on Friday, July 15. The firm has “Overweight” rating by Morgan Stanley given on Wednesday, November 11. RBC Capital Markets maintained the stock with “Top Pick” rating in Thursday, February 11 report. On Friday, October 7 the stock rating was initiated by Credit Suisse with “Outperform”.

According to Zacks Investment Research, “Voya Financial, Inc. is a retirement, investment and insurance company. It operates its principal businesses through three business lines: Retirement Solutions, Investment Management and Insurance Solutions. The Company offers asset accumulation, asset protection and asset distribution products and services to individual and institutional customers in the United States. Voya Financial, Inc., formerly known as ING U.S., Inc., is headquartered in New York.”

Insitutional Activity: The institutional sentiment decreased to 0.94 in Q2 2016. Its down 0.10, from 1.04 in 2016Q1. The ratio worsened, as 41 funds sold all Voya Financial Inc shares owned while 118 reduced positions. 42 funds bought stakes while 108 increased positions. They now own 189.06 million shares or 4.94% less from 198.89 million shares in 2016Q1.
Wolverine Asset Mngmt Limited Liability Corp accumulated 0.03% or 75,000 shares. The United Kingdom-based Aberdeen Asset Mngmt Pcl Uk has invested 0% in Voya Financial Inc (NYSE:VOYA). Amer Intll Gru has invested 0% of its portfolio in Voya Financial Inc (NYSE:VOYA). Huber Management Ltd holds 1.08% or 1.06 million shares in its portfolio. Walleye Trading holds 0% of its portfolio in Voya Financial Inc (NYSE:VOYA) for 2,602 shares. Bogle Investment Lp De accumulated 0.77% or 447,252 shares. Robeco Institutional Asset Mngmt Bv holds 378,896 shares or 0.07% of its portfolio. Vanguard Gp reported 16.10 million shares or 0.02% of all its holdings. First Quadrant Ltd Partnership Ca reported 29,900 shares or 0.02% of all its holdings. Bluemountain Capital Mgmt Llc owns 91,749 shares or 0.05% of their US portfolio. Moreover, Ngam Advisors Limited Partnership has 0.02% invested in Voya Financial Inc (NYSE:VOYA) for 44,747 shares. Old Mutual Glob Investors (Uk) Limited holds 0.54% or 1.16 million shares in its portfolio. Regentatlantic Cap Limited Liability holds 0.05% or 20,772 shares in its portfolio. Barclays Public Limited Company, a United Kingdom-based fund reported 20,002 shares. The Texas-based Bridgeway Cap has invested 0.39% in Voya Financial Inc (NYSE:VOYA).

Insider Transactions: Since September 30, 2016, the stock had 1 buy, and 0 insider sales for $22,053 net activity. $22,053 worth of shares were bought by Karaoglan Alain M on Friday, September 30.

Voya Financial, Inc. is a holding company. The company has a market cap of $6.21 billion. The Firm is a retirement, investment and insurance company, which provides retirement services, annuities, investment management services, mutual funds, life insurance, group insurance and supplemental health products. It has a 22.19 P/E ratio. It provides its principal services and products in two ongoing businesses: Retirement and Investment Solutions, and Insurance Solutions.

VOYA Company Profile

Voya Financial, Inc., incorporated on April 7, 1999, is a holding company. The Firm is a retirement, investment and insurance company, which provides retirement services, annuities, investment management services, mutual funds, life insurance, group insurance and supplemental health products. The Firm provides its principal services and products in two ongoing businesses: Retirement and Investment Solutions, and Insurance Solutions. The Retirement and Investment Solutions business provides its services and products through three divisions: Retirement, Annuities and Investment Management. The Insurance Solutions business provides its services and products through two divisions: Individual Life and Employee Benefits. In addition, the Company also has Closed Blocks and Corporate divisions. Closed Blocks consists of two divisions which it has placed in run-off: Closed Block Variable Annuity (CBVA) and Closed Block Other. Corporate segment includes its corporate activities, and corporate-level assets and financial obligations.

More recent Voya Financial Inc (NYSE:VOYA) news were published by: Prnewswire.com which released: “Voya Financial Certified as a “Great Place to Work”” on October 10, 2016. Also Prnewswire.com published the news titled: “Voya Financial Announces Executive Committee Appointments” on September 16, 2016. Equitiesfocus.com‘s news article titled: “Voya Financial, Inc. (NYSE:VOYA) PEG Ratio At 0.61” with publication date: October 11, 2016 was also an interesting one.

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