Trellus Management Company adds Voya Financial Inc (VOYA) to its portfolio

Voya Financial Inc (VOYA) : Trellus Management Company added new position in Voya Financial Inc during the most recent quarter end. The investment management firm now holds 42,600 shares of Voya Financial Inc which is valued at $1,093,542 , the company said in a statement filed on Jul 18, 2016 with the SEC.Voya Financial Inc makes up approximately 2.47% of Trellus Management Company’s portfolio.

Other Hedge Funds, Including , Sentinel Trust Co Lba boosted its stake in VOYA in the latest quarter, The investment management firm added 42,295 additional shares and now holds a total of 148,705 shares of Voya Financial Inc which is valued at $3,817,257. Voya Financial Inc makes up approx 0.53% of Sentinel Trust Co Lba’s portfolio.River Mercantile Asset Management Llp boosted its stake in VOYA in the latest quarter, The investment management firm added 36,000 additional shares and now holds a total of 101,665 shares of Voya Financial Inc which is valued at $2,542,642. Voya Financial Inc makes up approx 1.02% of River Mercantile Asset Management Llp’s portfolio.Gulf International Bank (uk) Ltd reduced its stake in VOYA by selling 350 shares or 0.56% in the most recent quarter. The Hedge Fund company now holds 62,594 shares of VOYA which is valued at $1,565,476. Voya Financial Inc makes up approx 0.03% of Gulf International Bank (uk) Ltd’s portfolio.

Voya Financial Inc opened for trading at $25.55 and hit $25.82 on the upside on Wednesday, eventually ending the session at $25.67, with a gain of 1.06% or 0.27 points. The heightened volatility saw the trading volume jump to 24,21,465 shares. Company has a market cap of $5,236 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. Voya Financial Inc was Downgraded by Goldman to ” Neutral” on Jul 15, 2016. 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 .

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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