Voya Financial Inc (VOYA) is Downgraded by Goldman to Neutral

Voya Financial Inc (VOYA) was Downgraded by Goldman to ” Neutral”. Earlier the firm had a rating of “Buy ” on the company shares. Goldman advised their investors in a research report released on Jul 15, 2016.

Many Wall Street Analysts have commented on Voya Financial Inc. Shares were Reiterated by Deutsche Bank on Jul 14, 2016 to “Buy” and Lowered the Price Target to $ 37 from a previous price target of $41 .Shares were Reiterated by RBC Capital Mkts on May 5, 2016 to “Top Pick” and Lowered the Price Target to $ 42 from a previous price target of $46 .

On the company’s financial health, Voya Financial Inc reported $0.55 EPS for the quarter, missing the analyst consensus estimate by $ -0.15 based on the information available during the earnings call on May 4, 2016. Analyst had a consensus of $0.70.Analysts expectations of $ 2101.39.During the same quarter in the previous year, the company posted $0.82 EPS.

Voya Financial Inc closed down -0.13 points or -0.52% at $25.01 with 29,52,417 shares getting traded on Wednesday. Post opening the session at $25.14, the shares hit an intraday low of $24.45 and an intraday high of $25.29 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

In a different news, on Mar 30, 2016, Jeffrey T Becker (officer ) sold 3,625 shares at $30.11 per share price. According to the SEC, on Mar 30, 2016, Chetlur S Ragavan (officer ) sold 1,420 shares at $30.29 per share price. On Mar 30, 2016, Ewout L Steenbergen (officer ) sold 1,675 shares at $30.11 per share price, according to the Form-4 filing with the securities and exchange commission.

Voya Financial Inc. is a retirement investment and insurance company. The Company provides retirement services annuities investment management services mutual funds life insurance group insurance and supplemental health products guaranteed investment contracts and funding agreements. The Company provides its principal products and services in three ongoing businesses: Retirement Solutions Investment Management and Insurance Solutions. Retirement Solutions operates institutional retirement plans business and retail wealth management business. Investment Management segment offers fixed income equity multi-asset and alternatives products and solutions. Insurance Solutions segment offers insurance and employee benefit plans.

Voya Financial Inc

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