The stock of Voya Financial Inc (NYSE:VOYA) is a huge mover today! About 2.67 million shares traded hands or 41.27% up from the average. Voya Financial Inc (NYSE:VOYA) has risen 15.86% since April 8, 2016 and is uptrending. It has outperformed by 10.21% the S&P500.
The move comes after 5 months positive chart setup for the $7.60 billion company. It was reported on Nov, 10 by Barchart.com. We have $45.14 PT which if reached, will make NYSE:VOYA worth $1.90B more.
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. The firm has “Outperform” rating given on Friday, October 7 by Credit Suisse. The stock has “Overweight” rating given by Morgan Stanley on Wednesday, November 11. On Wednesday, January 20 the stock rating was upgraded by Bank of America to “Buy”. The firm has “Hold” rating given on Tuesday, September 8 by Zacks. The firm has “Market Perform” rating given on Friday, September 23 by Wells Fargo. Deutsche Bank maintained it with “Buy” rating and $37 target price in Thursday, July 14 report. RBC Capital Markets maintained it with “Top Pick” rating and $53 target price in Thursday, November 5 report. The stock has “Neutral” rating given by Goldman Sachs on Friday, July 15. As per Wednesday, November 9, the company rating was downgraded by RBC Capital Markets. The stock has “Neutral” rating given by JP Morgan on Thursday, February 11.
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 2016 Q2. Its down 0.10, from 1.04 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.
Natl Pension holds 0% or 155 shares in its portfolio. Cornerstone Capital Mgmt Lc has 0.02% invested in the company for 112,721 shares. Tiaa Cref Investment Mgmt Ltd Liability Corp, a New York-based fund reported 301,694 shares. Kcg Holding Inc last reported 0.04% of its portfolio in the stock. Icon Advisers owns 19,600 shares or 0.03% of their US portfolio. Balyasny Asset Mngmt Ltd holds 0.21% of its portfolio in Voya Financial Inc (NYSE:VOYA) for 1.34 million shares. Citadel Advsr Limited Company has 106,156 shares for 0% of their US portfolio. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Management, a Alberta – Canada-based fund reported 184,975 shares. Apg Asset Mgmt Nv last reported 1.46M shares in the company. Moreover, Westpac Bk has 0% invested in Voya Financial Inc (NYSE:VOYA) for 50,274 shares. Glg Ltd Co has 11,406 shares for 0.02% of their US portfolio. Ls Ltd Company accumulated 0.01% or 6,203 shares. Verition Fund Management Limited Liability Corporation owns 62,572 shares or 0.2% of their US portfolio. Bnp Paribas Arbitrage, a New York-based fund reported 50,643 shares. Creative Planning has 0% invested in the company for 200 shares.
Insider Transactions: Since September 30, 2016, the stock had 1 insider buy, and 0 insider sales for $22,053 net activity. The insider 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. Prnewswire.com‘s article titled: “Michael Smith Named Chief Financial Officer of Voya Financial; Ewout …” and published on October 12, 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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