The stock of Voya Financial Inc (NYSE:VOYA) is a huge mover today! About 1.05M shares traded hands. Voya Financial Inc (NYSE:VOYA) has risen 20.01% since April 28, 2016 and is uptrending. It has outperformed by 14.08% the S&P500.
The move comes after 8 months positive chart setup for the $8.01B company. It was reported on Dec, 1 by Barchart.com. We have $43.65 PT which if reached, will make NYSE:VOYA worth $720.90M more.
Analysts await Voya Financial Inc (NYSE:VOYA) to report earnings on February, 8. They expect $0.80 EPS, down 12.09% or $0.11 from last year’s $0.91 per share. VOYA’s profit will be $160.00 million for 12.52 P/E if the $0.80 EPS becomes a reality. After $0.37 actual EPS reported by Voya Financial Inc for the previous quarter, Wall Street now forecasts 116.22% 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. Voya Financial has been the topic of 17 analyst reports since August 26, 2015 according to StockzIntelligence Inc. Deutsche Bank maintained the stock with “Buy” rating in Thursday, July 14 report. Credit Suisse initiated Voya Financial Inc (NYSE:VOYA) on Friday, October 7 with “Outperform” rating. Goldman Sachs downgraded it to “Neutral” rating and $29 target price in Friday, July 15 report. The firm earned “Outperform” rating on Wednesday, November 9 by RBC Capital Markets. The company was initiated on Friday, September 23 by Wells Fargo. The firm earned “Hold” rating on Tuesday, September 8 by Zacks. JP Morgan upgraded the stock to “Neutral” rating in Thursday, February 11 report. The stock of Voya Financial Inc (NYSE:VOYA) has “Buy” rating given on Wednesday, January 20 by Bank of America. The stock of Voya Financial Inc (NYSE:VOYA) earned “Overweight” rating by Morgan Stanley on Wednesday, November 11. The stock of Voya Financial Inc (NYSE:VOYA) has “Top Pick” rating given on Thursday, February 11 by RBC Capital Markets.
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 0.81 in Q2 2016. Its down 0.13, from 0.94 in 2016Q1. The ratio fall, 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.
The Japan-based Meiji Yasuda Life has invested 0.04% in Voya Financial Inc (NYSE:VOYA). Ngam L P accumulated 44,747 shares or 0.02% of the stock. Royal Fincl Bank Of Canada has 442,461 shares for 0.01% of their US portfolio. Qci Asset Mngmt Ny has 25 shares for 0% of their US portfolio. D E Shaw And Incorporated accumulated 4.68M shares or 0.21% of the stock. Geode Cap Mgmt Ltd Liability Corporation owns 1.32 million shares or 0.02% of their US portfolio. Shell Asset Mgmt Co holds 0.01% or 18,340 shares in its portfolio. Voya Invest Mgmt Ltd Company owns 67,135 shares or 0% of their US portfolio. Millennium Limited Liability Co holds 0.12% or 2.05M shares in its portfolio. Blackrock Japan Ltd last reported 0.03% of its portfolio in the stock. Ancora Limited has 118,585 shares for 0.34% of their US portfolio. Fmr Ltd Liability Corporation last reported 0.01% of its portfolio in the stock. Aperio Group Inc Limited Liability Corporation accumulated 0.02% or 110,055 shares. Moreover, Clinton Group has 0.95% invested in Voya Financial Inc (NYSE:VOYA) for 877,578 shares. Smith Asset Mgmt Grp Limited Partnership, a Texas-based fund reported 500,516 shares.
Insider Transactions: Since September 30, 2016, the stock had 1 insider purchase, and 0 sales for $22,053 net activity. Karaoglan Alain M bought 820 shares worth $22,053.
More news for Voya Financial Inc (NYSE:VOYA) were recently published by: Prnewswire.com, which released: “Voya Financial Announces Fourth-Quarter 2016 Grant Recipients” on November 10, 2016. Businesswire.com‘s article titled: “A.M. Best Upgrades Issuer Credit Ratings of Voya Financial, Inc. and Most of …” and published on November 17, 2016 is yet another important article.
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.
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