Financial services firm Voya Financial (NYSE: VOYA) has plenty of options available to its customer base. Some might think that this leaves it excessively vulnerable, especially given current economic conditions. However, Piper Sandler suggests quite the opposite. VOYA was up 1.2% in pre-market trading and built on those gains going into today''s trading session. Voya Financial landed an upgrade from Piper Sandler, as analyst John Barnidge upgraded the company from Neutral to Buy. Barnidge also upgraded the company''s price target from its original $65 to $70. The biggest reason was Voya''s current valuation, which proved attractive.
Friday''s additional top analyst upgrades and downgrades were on Agnico Eagle Mines, Bed Bath & Beyond, Century Aluminum, Micron Technology, Voya Financial and more.
Upgrades According to TD Securities, the prior rating for Brookfield Renewable Partners LP (NYSE: BEP ) was changed from Buy to Action List Buy. Brookfield Renewable earned $0.03 in the second quarter, compared to $0.13 in the year-ago quarter. The current stock performance of Brookfield Renewable shows a 52-week-high of $41.95 and a 52-week-low of $30.85. Moreover, at the end of the last trading period, the closing price was at $30.94. Citigroup upgraded the previous rating for Agnico Eagle Mines Ltd (NYSE: AEM ) from Neutral to Buy. In the second quarter, Agnico Eagle Mines showed an EPS of $0.75, compared to $0.69 from the year-ago quarter. At the moment, the stock has a 52-week-high of $67.14 and a 52-week-low of $36.69. Agnico Eagle Mines closed at $41.43 at the end of the last trading period. For Bed Bath & Beyond Inc (NASDAQ: BBBY ), Odeon Capital upgraded the previous rating of Sell to Hold. In the second quarter, Bed Bath & Beyond showed an EPS of $3.22, compared to $0.04 from the year-ago quarter.
Raymond James on Thursday launched analyst coverage of six insurers, with Prudential Financial Inc. (price target $115), Voya Financial Inc. (price target $84) and Globe Life Inc. (price target $138) all drawing strong buy ratings. Raymond James assigned market perform ratings to MetLife Inc. , Principal Financial Group Inc. and Unum Group . Analyst Wilma Burdis said Global Life "produces consistently superior growth and returns given the moat that it holds around unique exclusive distribution and product." Meanwhile Prudential Financial''s plan to shift to more rapidly growing businesses such as its PGIM asset management unit are expected to boost its bottom line. Burdis cited Voya Financial''s wealth solutions, health solutions and investment management units as growth drivers. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Voya Financial (VOYA) on Monday has appointed My Chi To as the company''s chief legal officer and executive vice president
Voya Financial, Inc., a leading health, wealth and investment company, announced today findings from a new consumer survey revealing that inflationary pressures have American employees increasingly focused on their employer-provided benefits to help optimize their workplace benefits and savings needs. Specifically, due to inflation, Voya’ s survey found…
Voya Financial, Inc. (NYSE: VOYA), announced today that it has been included in the Great Place to Work and Fortune Best Workplaces in Financial Services & Insurance 2022 list. This is Voya’s second time earning recognition on this prestigious list, this year coming in at 48th place. Earning a spot means that Voya Financial is one of the best companies to work for in the country. The Best Workplaces
NEW YORK--(BUSINESS WIRE)--Voya Financial, Inc. (NYSE: VOYA), announced today that it has been included in the Great Place to Work® and Fortune Best Workplaces in Financial Services & Insurance™ 2022 list. This is Voya’s second time earning recognition on this prestigious list, this year coming in at 48th place. Earning a spot means that Voya Financial is one of the best companies to work for in the country. The Best Workplaces in Financial Services & Insurance award is based on analysi
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Voya Financial, Inc. (NYSE: VOYA), announced today that it has published its 2021 Impact Report, which provides an overview of Voya’s environmental, social and governance (ESG) activities and performance from Jan. 1 through Dec. 31, 2021. Themed, “A better financial future for everyone,” the report reflects Voya’s commitment to purposefully serving its colleagues, clients and communities
Pomona Capital, a global private equity firm specializing in secondaries investing, announced that it raised a combined total of $4 billion across its platform in the past two years. The Firm rece…
WINDSOR, Conn.--(BUSINESS WIRE)--Voya Financial, Inc. (NYSE: VOYA), announced today that it has been selected as the new recordkeeper and service provider for the Memorial Health System retirement savings plans. Memorial Health System, based in Gulfport, Mississippi, is a not-for-profit medical complex jointly owned by the City of Gulfport and Harrison County. Its mission is “to heal, inspire and transform the health of our community.” The retirement plans, which transitioned to Voya in Septemb
Voya Financial had its price objective increased by Wells Fargo & Company from $72.00 to $77.00 in a report published on Thursday, The Fly reports. The firm currently has an…
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For the purposes of the discussion in this Quarterly Report on Form 10- Q, the term Voya Financial, Inc. refers to Voya Financial, Inc. and the terms "Company," "we," "our," and "us" refer to Voya Financial, Inc. and its subsidiaries. The following discussion and analysis presents a review of our consolidated results of operations for the three and six months ended June 30,…
VOYA earnings call for the period ending June 30, 2022.
Voya Financial, Inc. (NYSE:NYSE:VOYA) Q2 2022 Earnings Conference Call August 03, 2022, 10:00 AM ET Company Participants Hima Inguva - Senior Vice President, Head of Investor Relations…
The following slide deck was published by Voya Financial, Inc.
Voya Financial (NYSE: VOYA ) reported its Q2 earnings results on Tuesday, August 2, 2022 at 04:15 PM. Here''s what investors need to know about the announcement. Earnings Voya Financial beat estimated earnings by 32.54%, reporting an EPS of $1.67 versus an … Full story available on Benzinga.com
Voya Financial press release (VOYA): Q2 Non-GAAP EPS of $1.67 (vs. $2.20 Y/Y) beats by $0.45.Voya has approximately 6,000 employees and had $644 billion in total assets under…
NEW YORK--(BUSINESS WIRE)---- $VOYA--Voya Financial, Inc. (NYSE: VOYA), announced today financial results for the second quarter of 2022: Net income available to common shareholders of $0.57 per diluted share, which includes certain investment losses and other non-operating losses. After-tax adjusted operating earnings1 of $1.67 per diluted share2. Results reflect continued organic growth across all businesses. Further excess capital deployed to provide additional shareholder value in the second quarter
Voya Investment Management, the asset management business of Voya Financial (VOYA), has agreed to acquire private credit asset manager, Czech Asset Management.Terms of the deal were…
Jim Chirico, longtime CEO of cloud technology firm Avaya, is to be "removed" from his position as of Aug. 1 and also will resign his board seat, the company says. The news sent the company''s stock plunging.
Voya Financial (NYSE:VOYA) declares $0.20/share quarterly dividend, in line with previous.Forward yield 1.35%Payable Sept. 29; for shareholders of record Aug. 26; ex-div Aug.
NEW YORK--(BUSINESS WIRE)---- $VOYA--Voya Financial, Inc. (NYSE: VOYA) (“Voya”), announced today that it has completed its previously announced transfer of certain assets and teams comprising the substantial majority of Allianz Global Investors’ (“AllianzGI”) U.S. business (“AGI U.S.”) to Voya Investment Management (“Voya IM”), the asset management business of Voya Financial. AllianzGI and Voya Financial announced on June 13, 2022 that the companies had entered into a definitive agreement regarding the s
Voya Financial, Inc. (NYSE: VOYA ) ("Voya"), announced today that it has completed its previously announced transfer of certain assets and teams comprising the substantial majority of Allianz Global Investors'' ("AllianzGI") U.S. business ("AGI U.S.") to Voya Investment Management ("Voya IM"), the asset management business of Voya Financial. AllianzGI and Voya Financial announced on June 13, 2022 that the companies had entered into a definitive agreement regarding the strategic partnership. Specifically, Voya IM has transferred AGI U.S.''s income and growth, fundamental equity, and private placement investment teams and the associated assets under management (AUM) into Voya IM. The assets that have transferred to Voya represent approximately 95% client asset retention since the transaction was initially announced. In addition, Voya IM and AllianzGI have formed a long-term, strategic distribution partnership whereby AllianzGI will distribute Voya IM''s investment strategies outside the U.S. and Canada. "We are excited to have reached this important milestone in our transaction with AllianzGI," said Rodney O.
Voya Financial (VOYA) said Thursday it appointed Heather Lavallee, current chief of its wealth solutions business, as CEO of the company, effective Jan. 1, 2023.Lavallee will succeed…
NEW YORK--(BUSINESS WIRE)---- $VOYA--Voya Financial, Inc. (NYSE: VOYA), announced today that it will host a webcast and conference call on its financial results for the second-quarter 2022 on Wednesday, Aug. 3, 2022 from 10 a.m. to 11 a.m. ET. Voya will issue a press release announcing the company’s financial results for the second-quarter 2022 after the market closes on Tuesday, Aug. 2, 2022. When issued, the press release, along with the company’s investor supplement and analyst presentation for the se
Voya acquires ~$120bn of AUM from Allianz Global Investors. The terms of the deal seem strongly favorable to Voya. Read why here.
Voya Financial''s Lori Commerford discusses how RPA aggregators can improve their client communication strategy.
Voya Financial Inc (VOYA) shares closed today at 0.8% above its 52 week low of $57.52, giving the company a market cap of $5B. The stock is currently down 12.1% year-to-date, down 8.7% over the past 12 months, and up 62.5% over the past five years. This week, the Dow Jones Industrial Average fell 7.2%, and the S&P 500 fell 8.7%. Trading Activity Trading volume this week was 88.0% higher than the 20-day average.Beta, a measure of the stock’s volatility relative to the overall market stands at 1.0. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 8.8% The company's stock price performance over the past 12 months beats the peer average by -32.4% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is -26.1% lower than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
The following slide deck was published by Voya Financial, Inc.
Voya Financial (VOYA) entered into a definitive agreement with Allianz Global Investors wherein the former will integrate certain assets and teams comprising the substantial majority…
Friday’s additional top analyst upgrades and downgrades were on BankUnited, Canadian National Railway, Fate Therapeutics, Moody''s, Regions Financial, Snowflake, Travelers, Voya Financial and more.
Upgrades Keefe, Bruyette & Woods upgraded the previous rating for Regions Financial Corp (NYSE: RF ) from Underperform to Market Perform. For the first quarter, Regions Financial had an EPS of $0.55, compared to year-ago quarter EPS of $0.63. The current stock performance of Regions Financial shows a 52-week-high of $25.57 and a 52-week-low of $18.02. Moreover, at the end of the last trading period, the closing price was at $21.89. Goldman Sachs upgraded the previous rating for Voya Financial Inc (NYSE: VOYA ) from Neutral to Buy. Voya Financial earned $1.47 in the first quarter, compared to $1.03 in the year-ago quarter. The stock has a 52-week-high of $74.97 and a 52-week-low of $58.97. At the end of the last trading period, Voya Financial closed at $67.82. According to B. Riley Securities, the prior rating for Ciena Corp (NYSE: CIEN ) was changed from Neutral to Buy. For the second quarter, Ciena had an EPS of $0.50, compared to year-ago quarter EPS of $0.62. The stock has a 52-week-high of $78.28 and a 52-week-low of $46.60.
Goldman Sachs analyst Alex Scott upgrades Voya Financial (VOYA) to Buy and downgrades Travelers (TRV) to Sell after conducting scenario analyses for both the life insurance and…
Upgrades Susquehanna upgraded the previous rating for Lattice Semiconductor Corp (NASDAQ: LSCC ) from Neutral to Positive. In the first quarter, Lattice Semiconductor showed an EPS of $0.37, compared to $0.22 from the year-ago quarter. The current stock performance of Lattice Semiconductor shows a 52-week-high of $85.45 and a 52-week-low of $43.59. Moreover, at the end of the last trading period, the closing price was at $48.82. According to Barclays, the prior rating for Otis Worldwide Corp (NYSE: OTIS ) was changed from Equal-Weight to Overweight. In the first quarter, Otis Worldwide showed an EPS of $0.77, compared to $0.72 from the year-ago quarter. The stock has a 52-week-high of $92.84 and a 52-week-low of $71.07. At the end of the last trading period, Otis Worldwide closed at $73.87. B of A Securities upgraded the previous rating for Northwest Natural Holding Co (NYSE: NWN ) from Underperform to Neutral. Northwest Natural Hldg earned $1.80 in the first quarter, compared to $1.94 in the year-ago quarter.
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NEW YORK--(BUSINESS WIRE)--Voya Financial, Inc. (NYSE: VOYA), announced today that it will host a webcast and conference call on its financial results for the second quarter of 2021 on Friday, Aug. 6, 2021 from 10 a.m. to 11 a.m. ET. Voya will issue a press release announcing the companys financial results for the second quarter of 2021 after the market closes on Thursday, Aug. 5, 2021. When issued, the press release, along with the companys investor supplement and analyst presentation for th
Over the past decade, the universe of retirement plan recordkeepers has contracted from about 400 to approximately 150, with no signs of slowing. Experts say one lesson learned in this time is that not all scale is created equal.
Vestwell raises USD70m in Series C funding Submitted 20/07/2021 - 2:45pm Vestwell, a specialist in workplace savings and investing programmes, has raised USD70 million in a Series C financing round led by Wells Fargo Strategic Capital and Fin Venture Capital. A host of other financial services and fintech leaders also participated, including Goldman Sachs, Morgan Stanley, Manulife, Point72, Nationwide Ventures, Allianz Life Ventures, Northwestern Mutual, FinTech Collective, Greenspring Associates, Primary Venture Partners, Teamworthy Ventures, F-Prime Capital, Industry Ventures, and Commerce Ventures. Vestwell provides the underlying infrastructure for workplace savings and investing programs, such as 401(k) and 403(b) retirement plans. The firms API-based technology is designed to support a diverse ecosystem of financial services and fintech companies from registered investment advisors and payroll providers, to banks, broker-dealers, credit unions, insurers, asset managers, and more.
A previous court decision left only one claim in the lawsuit, which was related to fee disclosures.
NEW YORK--(BUSINESS WIRE)--Voya Financial, Inc. (NYSE: VOYA), announced today that it has completed the acquisition of Benefit Strategies, LLC, a leading third-party administrator of health savings and spending accounts. Benefit Strategies provides administrative services for COBRA, direct billing, flexible spending accounts (FSAs), health savings accounts (HSAs), health reimbursement arrangements (HRAs) and other services to more than 3,400 employers and nearly 370,000 participant accounts thr
NEW YORK--(BUSINESS WIRE)--On June 29, 2021, Voya Financial, Inc. (NYSE:VOYA) paid a quarterly dividend of $0.165 per share on its common stock, par value $0.01 per share (Common Stock). As a consequence, the exercise price of the Warrants to purchase shares of Common Stock (the Warrants), issued pursuant to the Warrant Agreement dated May 7, 2013 (the Warrant Agreement), has been adjusted, in accordance with Section 6.01 of the Warrant Agreement, from $47.84 to $47.73 per share of Common
HOUSTON--(BUSINESS WIRE)--Centaurus Renewable Energy LLC, the developer of the Arroyo Solar & Storage Project in McKinley County, New Mexico, announced today that it has closed a $70 million construction bridge loan facility provided by Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA). The credit facility will be used to make payments for project equipment and for other development and construction expenses. The transaction was organized by Voya
HOUSTON(BUSINESS WIRE)Centaurus Renewable Energy LLC, the developer of the Arroyo Solar & Storage Project in McKinley County, New Mexico, announced today that it has closed a $70 million construction bridge loan facility provided by Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA). The credit facility will be used to make Read More »Centaurus Renewable Energy LLC closes $70M Construction bridge loan with Voya Investment Management for the Arroyo Solar & Storage Project in New Mexico
Rating Action: Moody''s assigns provisional ratings to seven classes of refinancing notes to be issued by Voya Euro CLO II Designated Activity Company Vollständigen Artikel bei Moodys
WINDSOR, Conn.--(BUSINESS WIRE)--Voya Financial, Inc. (NYSE: VOYA), announced today the launch of a new and distinctive stable value solution that provides differentiated sector allocations and manager diversity. The new fund known as the Voya/RAM Focus Stable Value Fund will be managed by Voya Investment Management (Voya IM) and Ramirez Asset Management (RAM), an affiliate of Samuel A. Ramirez & Company, Inc., which is one the oldest and largest Hispanic-owned investment firms in the U
Voya Equity Closed End Funds Declare Distributions - 2021-06-15 - Press Releases Stockhouse
NEW YORK--(BUSINESS WIRE)--Voya Financial, Inc. (NYSE: VOYA), announced today that the company will host an investor day on Monday, Nov. 15, 2021 in New York City and via a webcast beginning at approximately 1 p.m. ET. During the event, members of senior management will discuss Voyas strategy as well as the companys businesses and financial performance. Further details, including webcast information, will be announced closer to the Nov. 15 event. About Voya Financial® Voya Financial, Inc. (NY