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VOYA

Voya Financial

$46.07

1.485 (3.33%)

13:16
11/13/18
11/13
13:16
11/13/18
13:16

Voya Financial capital deployment plans will emphasize share buybacks

Voya Financial CEO Rodney Martin said today in a statement, "We will continue to be good stewards of shareholder capital and build upon the nearly $5 billion in excess capital that we have returned to shareholders via stock buybacks. With an expected strong free cash flow that will support excess capital generation, our capital deployment plans will continue to emphasize share repurchases. In addition to share repurchases, we also intend to increase our common stock dividend to a dividend yield of at least 1% by mid-2019. The board of directors will determine the appropriate level of dividend as we continue to execute on share repurchases at these attractive valuation levels. As we advance our plans next year and beyond, we may further grow the dividend to deliver even greater shareholder value as well as attract new investors seeking a higher-yielding dividend. We are excited about our plans and are committed to building upon our financial, operational and cultural improvements over the past few years as we focus on achieving our vision to be America's Retirement Company."

  • 13

    Nov

VOYA Voya Financial
$46.07

1.485 (3.33%)

06/20/18
GSCO
06/20/18
INITIATION
Target $60
GSCO
Neutral
Voya Financial reinstated with a Neutral at Goldman Sachs
Goldman Sachs analyst Alex Scott reinstated coverage of Voya Financial with a Neutral rating and $60 price target. The analyst expects margin expansion over the next 12 months but believes this is largely reflected in consensus estimates and the stock's current valuation. A shifting focus towards growth provides less upside for earnings revisions, the analyst contends.
06/20/18
06/20/18
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Tableau (DATA) initiated with a Neutral at Susquehanna. 2. Voya Financial (VOYA) reinstated with a Neutral at Goldman Sachs. 3. RBC Bearings (ROLL) initiated with a Hold at SunTrust. 4. Castlight Health (CSLT) initiated with an Outperform at William Blair. 5. CommScope (COMM) initiated with a Neutral at Rosenblatt. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
07/11/18
SBSH
07/11/18
NO CHANGE
SBSH
Neutral
Citi questions if Athene Holding shares can ever outperform
Citi analyst Suneet Kamath keeps a Neutral rating on Athene Holding in a research note titled "If ATH Can't Outperform in the Current Environment, Can it Ever?" The stock should be outperforming in the current environment given its "continued capital optionality," upside potential from the Voya Financial (VOYA) deal and a "benign" credit environment, Kamath tells investors in a research note. The analyst adds: "The fact that it is not raises the question: can it ever?" Kamath estimates Athene's tax rate advantage has gone from 20-21 points to 5-6 points. He also believes the company's offshore strategy might soon be replicated "by yet another company," creating more competition in the market and among investors. Kamath sees more attractive opportunities elsewhere in the Insurance space.
11/01/18
RBCM
11/01/18
NO CHANGE
Target $55
RBCM
Outperform
Voya Financial price target lowered to $55 from $60 at RBC Capital
RBC Capital analyst Mark Dwelle lowered his price target on Voya Financial to $55 to reflect the "actuarial adjustment" in Q3 and the assumption of 1-times estimated 2019 book value vs. 1.1-times prior amid declining multiples across the sector. The analyst also keeps his Outperform rating on the shares and sees the recent pullback as an "excellent opportunity" to participate in Voya Financal's "positively changing business model". Dwelle adds that he looks ahead to the company's strategic updates at its upcoming investor day.

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CLXT

Calyxt

$9.88

0.4 (4.22%)

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CLXT

Calyxt

$9.88

0.4 (4.22%)

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CEQP

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$32.29

0.47 (1.48%)

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EQT Midstream Partners

$46.86

-0.1 (-0.21%)

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ITW

Illinois Tool Works

$131.02

-2.26 (-1.70%)

19:57
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SWK

Stanley Black & Decker

$118.36

0.46 (0.39%)

19:57
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Incyte

$66.24

-1.04 (-1.55%)

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$1,041.68

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$0.00

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Delta Air Lines

$53.50

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Energy Transfer LP

$14.08

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TOL

Toll Brothers

$32.23

-0.4 (-1.23%)

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EQT

EQT Corporation

$19.40

-0.78 (-3.87%)

18:54
12/16/18
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18:54
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EQT's board to seek meeting with Rice brothers, Reuters reports »

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EQM

EQT Midstream Partners

$46.86

-0.1 (-0.21%)

, EQGP

EQGP Holdings

$19.94

0.02 (0.10%)

18:31
12/16/18
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18:31
Downgrade
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EQT Midstream Partners

$46.86

-0.1 (-0.21%)

EQGP

EQGP Holdings

$19.94

0.02 (0.10%)

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CEQP

Crestwood Equity

$32.29

0.47 (1.48%)

18:28
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INCY

Incyte

$66.24

-1.04 (-1.55%)

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  • 24

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NSANY

Nissan

$0.00

(0.00%)

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$0.00

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T

AT&T

$30.24

0.33 (1.10%)

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$36.32

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$30.24

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$36.32

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$0.00

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$51.32

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FOX

21st Century Fox

$48.79

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FOXA

21st Century Fox

$49.06

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LGF.A

Lionsgate

$15.59

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Disney

$112.21

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VIAB

Viacom

$28.56

-0.31 (-1.07%)

VIA

Viacom

$31.23

-0.4 (-1.26%)

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  • 23

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ELGX

Endologix

$0.71

0.0232 (3.39%)

16:17
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Conference/Events
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PRPO

Precipio

$0.19

-0.0111 (-5.63%)

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MSB

Mesabi Trust

$25.15

-1.1 (-4.19%)

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MLNT

Melinta Therapeutics

$1.19

-0.1 (-7.75%)

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XOM

Exxon Mobil

$75.63

-1.32 (-1.72%)

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ANTM

Anthem

$275.59

-4.93 (-1.76%)

, CNC

Centene

$127.55

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CI

Cigna

$205.34

-6.63 (-3.13%)

UNH

UnitedHealth

$265.06

-7.2 (-2.64%)

HUM

Humana

$300.41

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WCG

WellCare

$236.90

-7.44 (-3.04%)

MOH

Molina Healthcare

$131.72

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$0.00

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Aetna

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JELD

Jeld-Wen

$14.27

-0.46 (-3.12%)

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ATRA

Atara Biotherapeutics

$41.78

-0.74 (-1.74%)

12:55
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BGNE

BeiGene

$133.95

2.595 (1.98%)

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