Overbrook Management Corp Lowers stake in Voya Financial Inc (VOYA)

Voya Financial Inc (VOYA) : Overbrook Management Corp reduced its stake in Voya Financial Inc by 1.27% during the most recent quarter end. The investment management company now holds a total of 287,746 shares of Voya Financial Inc which is valued at $7,843,956 after selling 3,701 shares in Voya Financial Inc , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.Voya Financial Inc makes up approximately 1.55% of Overbrook Management Corp’s portfolio.

Other Hedge Funds, Including , Oppenheimerfunds added VOYA to its portfolio by purchasing 178,840 company shares during the most recent quarter which is valued at $4,875,178. Voya Financial Inc makes up approx 0.01% of Oppenheimerfunds’s portfolio.Jennison Associates reduced its stake in VOYA by selling 385,872 shares or 11.86% in the most recent quarter. The Hedge Fund company now holds 2,866,387 shares of VOYA which is valued at $78,997,626. Voya Financial Inc makes up approx 0.08% of Jennison Associates’s portfolio. Sg Americas Securities sold out all of its stake in VOYA during the most recent quarter. The investment firm sold 9,315 shares of VOYA which is valued $256,721.Cutler Group Lp boosted its stake in VOYA in the latest quarter, The investment management firm added 2,134 additional shares and now holds a total of 2,368 shares of Voya Financial Inc which is valued at $59,224.

Voya Financial Inc opened for trading at $28.2 and hit $28.65 on the upside on Tuesday, eventually ending the session at $28.46, with a gain of 1.14% or 0.32 points. The heightened volatility saw the trading volume jump to 10,89,563 shares. Company has a market cap of $5,699 M.

On the company’s financial health, Voya Financial Inc reported $0.79 EPS for the quarter, based on the information available during the earnings call on Aug 3, 2016. Analyst had a consensus estimate of $0.79.Analysts expectations of $ 2134.81.During the same quarter in the previous year, the company posted $0.78 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 .

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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