Institutional Investors Negative on on Ing US Inc Crashed

October 12, 2017 - By Vivian Park

 Institutional Investors  Negative on on Ing US Inc  Crashed

Sentiment for Ing US Inc (NYSE:VOYA)

Ing US Inc (NYSE:VOYA) institutional sentiment decreased to 0.72 in Q2 2017. Its down -0.23, from 0.95 in 2017Q1. The ratio dived, as 122 hedge funds increased and started new positions, while 169 sold and reduced their stock positions in Ing US Inc. The hedge funds in our partner’s database now possess: 170.81 million shares, down from 177.38 million shares in 2017Q1. Also, the number of hedge funds holding Ing US Inc in their top 10 positions decreased from 12 to 8 for a decrease of 4. Sold All: 48 Reduced: 121 Increased: 88 New Position: 34.

Voya Financial, Inc. is a retirement, investment and insurance company. The company has market cap of $7.32 billion. The Firm operates through five divisions: Retirement, Investment Management, Annuities, Individual Life and Employee Benefits. It currently has negative earnings. The Retirement segment is a well-known provider of retirement services and products in the United States.

About 291,358 shares traded. Voya Financial Inc (NYSE:VOYA) has risen 11.06% since October 12, 2016 and is uptrending. It has underperformed by 5.64% the S&P500.

Wall Street await Voya Financial Inc (NYSE:VOYA) to release earnings on November, 1. Analysts forecast earnings per share of $0.89, up exactly $0.52 or 140.54 % from 2014’s $0.37 EPS. The expected VOYA’s profit could reach $161.10 million giving the stock 11.36 P/E in the case that $0.89 earnings per share is reported. After posting $0.67 EPS for the previous quarter, Voya Financial Inc’s analysts now forecast 32.84 % EPS growth.

Capital Returns Management Llc holds 6.75% of its portfolio in Voya Financial Inc for 513,816 shares. Luxor Capital Group Lp owns 2.03 million shares or 5.23% of their US portfolio. Moreover, Corsair Capital Management L.P. has 4.11% invested in the company for 614,513 shares. The New York-based Breithorn Capital Management has invested 3.7% in the stock. Greenlight Capital Inc, a New York-based fund reported 5.92 million shares.#img1#

Since January 1, 0001, it had 3 insider purchases, and 1 sale for $510,325 activity.

Voya Financial Inc (NYSE:VOYA) Ratings Coverage

Ratings analysis reveals 69% of Voya Financial’s analysts are positive. Out of 13 Wall Street analysts rating Voya Financial, 9 give it “Buy”, 1 “Sell” rating, while 3 recommend “Hold”. The lowest target is $29 while the high is $54. The stock’s average target of $41 is 1.46% above today’s ($40.41) share price. VOYA was included in 28 notes of analysts from August 26, 2015. The rating was maintained by Wells Fargo on Tuesday, August 1 with “Buy”. Wells Fargo initiated Voya Financial Inc (NYSE:VOYA) on Friday, September 23 with “Market Perform” rating. Keefe Bruyette & Woods maintained it with “Buy” rating and $5000 target in Tuesday, July 25 report. JP Morgan downgraded the shares of VOYA in report on Tuesday, January 3 to “Underweight” rating. Deutsche Bank maintained the shares of VOYA in report on Thursday, July 14 with “Buy” rating. The stock has “Neutral” rating by JP Morgan on Thursday, February 11. The rating was initiated by Credit Suisse on Friday, October 7 with “Outperform”. The firm earned “Hold” rating on Tuesday, September 8 by Zacks. Wood maintained Voya Financial Inc (NYSE:VOYA) rating on Tuesday, April 11. Wood has “Buy” rating and $50 target. Citigroup initiated Voya Financial Inc (NYSE:VOYA) on Thursday, January 26 with “Buy” rating.

More notable recent Voya Financial Inc (NYSE:VOYA) news were published by: Prnewswire.com which released: “Voya Financial Names Santhosh Keshavan to Lead Information Technology Organization” on September 29, 2017, also Prnewswire.com with their article: “Bill Bainbridge Named Senior Vice President of Product for Voya’s Annuities …” published on October 12, 2017, Prnewswire.com published: “Voya Financial Named a 2017 “Great Place to Work”” on October 03, 2017. More interesting news about Voya Financial Inc (NYSE:VOYA) were released by: Prnewswire.com and their article: “Voya Financial Named to 2017 Dow Jones Sustainability Index” published on September 19, 2017 as well as Prnewswire.com‘s news article titled: “Voya Financial Chairman and CEO Presents Long-Term Perspective at CECP’s CEO …” with publication date: September 20, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.