Voya Financial, Inc. Common Sto (NYSE:VOYA):
Voya Equity Closed End Funds Declare Distributions.
The company is now down from yesterday’s close of $31.08.
Additionally Voya Financial, Inc. Common Sto recently announced a dividend for shareholders which was paid on Thursday September 29th, 2016. The dividend payment was $0.010 per share for the quarter or $0.04 on an annualized basis. This dividend amount represented a yeild of $0.13. The ex-dividend date was set for Monday the 29th of August 2016.
Company shares last traded at $30.67 a tad above the 50 day moving average of $29.74 and which is marginally over the 200 day moving average of $29.12. The 50 day moving average went up $0.93 or +3.14% and the 200 day average moved up $1.55.
Voya Financial, Inc. Common Sto’s P/E ratio is 22.77 and the market cap is 6.14B. In 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. Analysts expect next quarter’s EPS will be $0.89 and the next full year EPS is projected to be $3.82.
Brokerage firms have issued ratings on the company. On September 23 analysts at Wells Fargo released its first research report on the stock by announcing an initial rating of “Market Perform”. On July 15 the stock rating was downgraded to “Buy” from “Buy” with a current price target of $37.00 in a report issued by Goldman Sachs.
July 14 investment analysts at Deutsche Bank made no change to the company rating of “Buy” and moved up the price target from $29.00 to $37.00. On July 7 Citigroup kept the stock rating at “Neutral” but lowered the price target to $29.00 from $49.00.
On February 24, 2016 the stock rating was set at “Buy” by Goldman Sachs which was a cut from the previous “Conviction Buy” rating. On February 12 Deutsche Bank kept the company rating at “Buy” but moved down the price target to $44.00 from $48.00.