Exclusive: Ing US Inc Sentiment Worsening on Low Stock Potential

November 30, 2016 - By Ellis Scott   ·   0 Comments

Exclusive: Ing US Inc Sentiment Worsening on Low Stock Potential

Sentiment for Ing US Inc (NYSE:VOYA)

Ing US Inc (NYSE:VOYA) institutional sentiment decreased to 0.81 in Q2 2016. Its down -0.13, from 0.94 in 2016Q1. The ratio is negative, as 150 institutional investors increased and started new positions, while 159 cut down and sold their holdings in Ing US Inc. The institutional investors in our partner’s database now own: 189.06 million shares, down from 198.89 million shares in 2016Q1. Also, the number of institutional investors holding Ing US Inc in their top 10 positions was flat from 5 to 5 for the same number . Sold All: 41 Reduced: 118 Increased: 108 New Position: 42.

Voya Financial, Inc. is a holding company. The company has a market cap of $7.43 billion. The Firm is a retirement, investment and insurance company, which provides retirement services, annuities, investment management services, mutual funds, life insurance, group insurance and supplemental health products. It currently has negative earnings. It provides its principal services and products in two ongoing businesses: Retirement and Investment Solutions, and Insurance Solutions.

The stock closed at $37.83 during the last session. It is down 14.19% since April 27, 2016 and is uptrending. It has outperformed by 8.96% the S&P500.

Analysts await Voya Financial Inc (NYSE:VOYA) to report earnings on February, 8. They expect $0.80 EPS, down 12.09% or $0.11 from last year’s $0.91 per share. VOYA’s profit will be $157.12 million for 11.82 P/E if the $0.80 EPS becomes a reality. After $0.37 actual EPS reported by Voya Financial Inc for the previous quarter, Wall Street now forecasts 116.22% EPS growth.

According to Zacks Investment Research, “Voya Financial, Inc. is a retirement, investment and insurance company. It operates its principal businesses through three business lines: Retirement Solutions, Investment Management and Insurance Solutions. The Company offers asset accumulation, asset protection and asset distribution products and services to individual and institutional customers in the United States. Voya Financial, Inc., formerly known as ING U.S., Inc., is headquartered in New York.”

Capital Returns Management Llc holds 9.69% of its portfolio in Voya Financial Inc for 699,716 shares. Covey Capital Advisors Llc owns 321,790 shares or 4.36% of their US portfolio. Moreover, Corsair Capital Management L.P. has 3.47% invested in the company for 919,940 shares. The New York-based Bloom Tree Partners Llc has invested 2.77% in the stock. North Run Capital Lp, a Massachusetts-based fund reported 669,686 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 1 insider buy, and 0 selling transactions for $22,053 net activity.

Voya Financial Inc (NYSE:VOYA) Ratings Coverage

Ratings analysis reveals 50% of Voya Financial’s analysts are positive. Out of 10 Wall Street analysts rating Voya Financial, 5 give it “Buy”, 0 “Sell” rating, while 5 recommend “Hold”. The lowest target is $29 while the high is $54. The stock’s average target of $36.50 is -3.52% below today’s ($37.83) share price. VOYA was included in 17 notes of analysts from August 26, 2015. The rating was maintained by RBC Capital Markets on Thursday, February 11 with “Top Pick”. JP Morgan upgraded the stock to “Neutral” rating in Thursday, February 11 report. RBC Capital Markets downgraded the shares of VOYA in a report on Wednesday, November 9 to “Outperform” rating. On Friday, October 7 the stock rating was initiated by Credit Suisse with “Outperform”. The stock of Voya Financial Inc (NYSE:VOYA) has “Buy” rating given on Wednesday, January 20 by Bank of America. As per Tuesday, September 8, the company rating was upgraded by Zacks. The firm has “Overweight” rating by Morgan Stanley given on Wednesday, November 11. The stock of Voya Financial Inc (NYSE:VOYA) earned “Market Perform” rating by Wells Fargo on Friday, September 23. Deutsche Bank maintained Voya Financial Inc (NYSE:VOYA) rating on Thursday, July 14. Deutsche Bank has “Buy” rating and $37 price target. On Thursday, November 5 the stock rating was maintained by RBC Capital Markets with “Top Pick”.

VOYA Company Profile

Voya Financial, Inc., incorporated on April 7, 1999, is a holding company. The Firm is a retirement, investment and insurance company, which provides retirement services, annuities, investment management services, mutual funds, life insurance, group insurance and supplemental health products. The Firm provides its principal services and products in two ongoing businesses: Retirement and Investment Solutions, and Insurance Solutions. The Retirement and Investment Solutions business provides its services and products through three divisions: Retirement, Annuities and Investment Management. The Insurance Solutions business provides its services and products through two divisions: Individual Life and Employee Benefits. In addition, the Company also has Closed Blocks and Corporate divisions. Closed Blocks consists of two divisions which it has placed in run-off: Closed Block Variable Annuity (CBVA) and Closed Block Other. Corporate segment includes its corporate activities, and corporate-level assets and financial obligations.

More news for Voya Financial Inc (NYSE:VOYA) were recently published by: Prnewswire.com, which released: “Voya Financial Announces Fourth-Quarter 2016 Grant Recipients” on November 10, 2016. Businesswire.com‘s article titled: “A.M. Best Upgrades Issuer Credit Ratings of Voya Financial, Inc. and Most of …” and published on November 17, 2016 is yet another important article.

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By Ellis Scott


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