Levin Capital Strategies L.P. cut its holdings in shares of Voya Financial Inc (NYSE:VOYA) by 2.0% during the fourth quarter, HoldingsChannel reports. The firm owned 1,122,853 shares of the asset manager’s stock after selling 22,386 shares during the period. Levin Capital Strategies L.P.’s holdings in Voya Financial were worth $45,071,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. TIAA CREF Investment Management LLC lifted its position in Voya Financial by 25.8% during the third quarter. TIAA CREF Investment Management LLC now owns 3,715,088 shares of the asset manager’s stock valued at $184,528,000 after acquiring an additional 762,178 shares during the last quarter. LSV Asset Management lifted its position in Voya Financial by 3.4% during the third quarter. LSV Asset Management now owns 2,687,262 shares of the asset manager’s stock valued at $133,476,000 after acquiring an additional 89,162 shares during the last quarter. O Shaughnessy Asset Management LLC lifted its position in Voya Financial by 3.1% during the third quarter. O Shaughnessy Asset Management LLC now owns 2,072,668 shares of the asset manager’s stock valued at $102,585,000 after acquiring an additional 62,876 shares during the last quarter. Clearbridge Investments LLC lifted its position in Voya Financial by 50.3% during the third quarter. Clearbridge Investments LLC now owns 1,862,112 shares of the asset manager’s stock valued at $92,491,000 after acquiring an additional 622,863 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in Voya Financial by 23.4% during the third quarter. Dimensional Fund Advisors LP now owns 1,680,858 shares of the asset manager’s stock valued at $83,485,000 after acquiring an additional 318,661 shares during the last quarter.

NYSE:VOYA opened at $47.95 on Monday. The firm has a market capitalization of $7.41 billion, a PE ratio of 11.87 and a beta of 1.44. Voya Financial Inc has a 1-year low of $36.66 and a 1-year high of $55.27. The company has a current ratio of 0.16, a quick ratio of 0.17 and a debt-to-equity ratio of 0.55.

Voya Financial (NYSE:VOYA) last released its quarterly earnings data on Tuesday, February 5th. The asset manager reported $1.32 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.22 by $0.10. Voya Financial had a net margin of 10.28% and a return on equity of 8.04%. During the same period last year, the company earned $0.87 EPS. Research analysts predict that Voya Financial Inc will post 5.3 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 27th. Investors of record on Thursday, February 28th will be given a dividend of $0.01 per share. The ex-dividend date is Wednesday, February 27th. This represents a $0.04 annualized dividend and a yield of 0.08%. Voya Financial’s dividend payout ratio is presently 0.99%.

A number of equities research analysts recently commented on VOYA shares. ValuEngine cut shares of Voya Financial from a “hold” rating to a “sell” rating in a research report on Monday, October 29th. Credit Suisse Group decreased their price target on shares of Voya Financial from $62.00 to $59.00 and set a “buy” rating for the company in a report on Wednesday, October 31st. Morgan Stanley decreased their price target on shares of Voya Financial from $60.00 to $58.00 and set an “overweight” rating for the company in a report on Wednesday, October 31st. Royal Bank of Canada decreased their price target on shares of Voya Financial to $55.00 and set an “outperform” rating for the company in a report on Thursday, November 1st. Finally, JPMorgan Chase & Co. decreased their price target on shares of Voya Financial from $53.00 to $52.00 and set an “underweight” rating for the company in a report on Wednesday, January 2nd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $58.09.

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

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