Voya Financial, Inc. Common Sto (NYSE:VOYA):
Voya Financial Launches Behavioral Finance Institute for Innovation.
The company is so far trading down since yesterday’s close of $31.08.
Additionally the company announced a dividend for shareholders that was paid on Thursday the 29th of September 2016. The dividend was $0.010 per share for the quarter which is $0.04 annualized. This dividend represents a yield of $0.13. The ex-dividend date was set for Monday the 29th of August 2016.
Company chares are trading at $30.67 a bit higher than the 50 day moving average which is $29.74 and slightly over the 200 day moving average of $29.12. The 50 day moving average was up by +3.14% and the 200 day average moved up $1.55.
The P/E ratio is currently 22.77 and the market cap is 6.14B. As of the latest earnings report the EPS was $1.35 and is expected to be $3.02 for the current year with 200,231,000 shares presently outstanding. Next quarter’s EPS is expected be $0.89 with next year’s EPS anticipated to be $3.82.
A few Wall Street analysts have released ratings on the company of late. Wells Fargo added VOYA to its research portfolio by announcing an initial rating of “Market Perform”. On July 15 the company was downgraded to “Buy” from “Buy” with a current price target of $37.00 by analysts at Goldman Sachs.
July 14 investment analysts at Deutsche Bank left the company rating at “Buy” and moved up the price target from $29.00 to $37.00. On July 7 Citigroup maintained a stock rating of “Neutral” but lowered the price expectation to $29.00 from $49.00.
On February 24, 2016 the stock rating was set at “Buy” according to a Goldman Sachs report a cut from the previous “Conviction Buy” rating. February 12 investment analysts at Deutsche Bank made no change to the company rating of “Buy” and lowered the price target to $44.00 from $48.00.