Clinton Group Inc buys $14.1 Million stake in Voya Financial Inc (VOYA)

Voya Financial Inc (VOYA) : Clinton Group Inc scooped up 440,878 additional shares in Voya Financial Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 466,084 shares of Voya Financial Inc which is valued at $14.1 Million.Voya Financial Inc makes up approximately 0.85% of Clinton Group Inc’s portfolio.

Other Hedge Funds, Including , Zurcher Kantonalbank (zurich Cantonalbank) reduced its stake in VOYA by selling 268,239 shares or 80.22% in the most recent quarter. The Hedge Fund company now holds 66,142 shares of VOYA which is valued at $2 Million. Voya Financial Inc makes up approx 0.03% of Zurcher Kantonalbank (zurich Cantonalbank)’s portfolio.Paradigm Asset Management Co reduced its stake in VOYA by selling 39,900 shares or 29.34% in the most recent quarter. The Hedge Fund company now holds 96,100 shares of VOYA which is valued at $2.9 Million. Voya Financial Inc makes up approx 0.55% of Paradigm Asset Management Co’s portfolio. Algebris Investments (uk) Llp added VOYA to its portfolio by purchasing 234,950 company shares during the most recent quarter which is valued at $7.1 Million. Voya Financial Inc makes up approx 3.98% of Algebris Investments (uk) Llp’s portfolio.Smith Asset Management Group Lp reduced its stake in VOYA by selling 78 shares or 0.02% in the most recent quarter. The Hedge Fund company now holds 504,357 shares of VOYA which is valued at $15.2 Million. Voya Financial Inc makes up approx 0.46% of Smith Asset Management Group Lp’s portfolio.Northpointe Capital boosted its stake in VOYA in the latest quarter, The investment management firm added 28,447 additional shares and now holds a total of 95,895 shares of Voya Financial Inc which is valued at $3.1 Million. Voya Financial Inc makes up approx 0.38% of Northpointe Capital’s portfolio.

Voya Financial Inc opened for trading at $33.01 and hit $33.57 on the upside on Wednesday, eventually ending the session at $33.1, with a gain of 1.07% or 0.35 points. The heightened volatility saw the trading volume jump to 19,01,910 shares. Company has a market cap of $6,751 M.

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.

Many Wall Street Analysts have commented on Voya Financial Inc. 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 .

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.

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