Kirr Marbach & Co. LLC IN decreased its position in Voya Financial Inc (NYSE:VOYA) by 1.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 298,038 shares of the asset manager’s stock after selling 3,580 shares during the period. Voya Financial makes up approximately 3.3% of Kirr Marbach & Co. LLC IN’s holdings, making the stock its 7th biggest position. Kirr Marbach & Co. LLC IN’s holdings in Voya Financial were worth $14,804,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in the stock. Cubist Systematic Strategies LLC lifted its stake in Voya Financial by 66.0% during the 1st quarter. Cubist Systematic Strategies LLC now owns 2,533 shares of the asset manager’s stock valued at $128,000 after acquiring an additional 1,007 shares during the period. Ladenburg Thalmann Financial Services Inc. lifted its stake in Voya Financial by 46.7% during the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 3,087 shares of the asset manager’s stock valued at $157,000 after acquiring an additional 983 shares during the period. Cerebellum GP LLC bought a new position in Voya Financial during the 3rd quarter valued at about $184,000. Commonwealth Equity Services LLC bought a new position in Voya Financial during the 1st quarter valued at about $203,000. Finally, Raymond James Trust N.A. bought a new position in Voya Financial during the 3rd quarter valued at about $203,000.
Shares of NYSE:VOYA traded down $1.23 during trading on Monday, hitting $45.42. The company’s stock had a trading volume of 155,012 shares, compared to its average volume of 1,450,439. Voya Financial Inc has a 12 month low of $39.70 and a 12 month high of $55.27. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.59. The stock has a market capitalization of $7.49 billion, a PE ratio of 15.08, a price-to-earnings-growth ratio of 0.61 and a beta of 1.42.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 27th. Stockholders of record on Friday, August 31st were paid a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.09%. The ex-dividend date of this dividend was Thursday, August 30th. Voya Financial’s dividend payout ratio (DPR) is presently 1.33%.
Several equities analysts have issued reports on the stock. ValuEngine cut shares of Voya Financial from a “buy” rating to a “hold” rating in a research note on Thursday, June 28th. Goldman Sachs Group restated a “neutral” rating and set a $60.00 target price on shares of Voya Financial in a research note on Wednesday, June 27th. Credit Suisse Group increased their price objective on shares of Voya Financial from $60.00 to $62.00 and gave the stock an “outperform” rating in a research note on Friday, August 17th. Finally, Barclays lowered their price objective on shares of Voya Financial from $55.00 to $53.00 and set an “equal weight” rating on the stock in a research note on Monday, July 9th. Four investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Voya Financial currently has a consensus rating of “Buy” and an average target price of $59.46.
About Voya Financial
Voya Financial, Inc operates as a retirement, investment, and insurance company in the United States. It operates through Retirement, Investment Management, Individual Life, and Employee Benefits segments. The Retirement segment offers tax-deferred employer-sponsored retirement savings plans and administrative services; and individual account rollover plans and other retail financial products, as well as financial planning and advisory services.
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