As Nve (NVEC) Stock Declined, Holder Paradigm Asset Management Co Cut by $73.10 Million Its Position; As Voya Financial (VOYA) Market Value Declined, Lumbard & Kellner Has Trimmed by $485,345 Its Stake

April 7, 2018 - By Vivian Park

NVE Corporation (NASDAQ:NVEC) Logo

Lumbard & Kellner Llc decreased its stake in Voya Financial Inc (VOYA) by 60.38% based on its latest 2017Q4 regulatory filing with the SEC. Lumbard & Kellner Llc sold 9,905 shares as the company’s stock declined 2.44% with the market. The institutional investor held 6,500 shares of the finance company at the end of 2017Q4, valued at $322,000, down from 16,405 at the end of the previous reported quarter. Lumbard & Kellner Llc who had been investing in Voya Financial Inc for a number of months, seems to be less bullish one the $8.52B market cap company. The stock decreased 2.37% or $1.2 during the last trading session, reaching $49.52. About 2.64M shares traded or 6.62% up from the average. Voya Financial, Inc. (NYSE:VOYA) has risen 34.91% since April 7, 2017 and is uptrending. It has outperformed by 23.36% the S&P500.

Paradigm Asset Management Co Llc decreased its stake in Nve Corp (NVEC) by 44.74% based on its latest 2017Q4 regulatory filing with the SEC. Paradigm Asset Management Co Llc sold 850 shares as the company’s stock declined 8.83% with the market. The institutional investor held 1,050 shares of the semiconductors company at the end of 2017Q4, valued at $90.30M, down from 1,900 at the end of the previous reported quarter. Paradigm Asset Management Co Llc who had been investing in Nve Corp for a number of months, seems to be less bullish one the $377.77 million market cap company. The stock decreased 1.61% or $1.28 during the last trading session, reaching $78.02. About 14,493 shares traded. NVE Corporation (NASDAQ:NVEC) has declined 2.05% since April 7, 2017 and is downtrending. It has underperformed by 13.60% the S&P500.

Lumbard & Kellner Llc, which manages about $141.06M and $194.70 million US Long portfolio, upped its stake in Brighthouse Finl Inc by 47,785 shares to 61,887 shares, valued at $3.63M in 2017Q4, according to the filing.

Analysts await Voya Financial, Inc. (NYSE:VOYA) to report earnings on May, 2. They expect $0.88 EPS, up 8.64% or $0.07 from last year’s $0.81 per share. VOYA’s profit will be $151.37 million for 14.07 P/E if the $0.88 EPS becomes a reality. After $0.87 actual EPS reported by Voya Financial, Inc. for the previous quarter, Wall Street now forecasts 1.15% EPS growth.

Among 18 analysts covering Voya Financial (NYSE:VOYA), 14 have Buy rating, 1 Sell and 3 Hold. Therefore 78% are positive. Voya Financial had 44 analyst reports since August 26, 2015 according to SRatingsIntel. BTIG Research maintained the shares of VOYA in report on Tuesday, January 2 with “Buy” rating. The company was initiated on Friday, September 23 by Wells Fargo. The stock of Voya Financial, Inc. (NYSE:VOYA) has “Buy” rating given on Tuesday, July 25 by Keefe Bruyette & Woods. RBC Capital Markets maintained Voya Financial, Inc. (NYSE:VOYA) on Thursday, November 5 with “Top Pick” rating. The stock has “Buy” rating by RBC Capital Markets on Tuesday, September 5. The stock of Voya Financial, Inc. (NYSE:VOYA) has “Buy” rating given on Thursday, August 31 by Keefe Bruyette & Woods. The stock of Voya Financial, Inc. (NYSE:VOYA) has “Buy” rating given on Thursday, July 14 by Deutsche Bank. The firm has “Overweight” rating given on Wednesday, November 11 by Morgan Stanley. The rating was upgraded by Wells Fargo on Monday, January 9 to “Outperform”. On Friday, October 7 the stock rating was initiated by Credit Suisse with “Outperform”.

Investors sentiment increased to 0.98 in Q4 2017. Its up 0.24, from 0.74 in 2017Q3. It is positive, as 24 investors sold VOYA shares while 124 reduced holdings. 58 funds opened positions while 87 raised stakes. 179.07 million shares or 6.24% more from 168.54 million shares in 2017Q3 were reported. Ledyard Bancshares stated it has 0% of its portfolio in Voya Financial, Inc. (NYSE:VOYA). 61,489 are held by Barclays Pcl. Meiji Yasuda Asset holds 12,130 shares. Livforsakringsbolaget Skandia Omsesidigt reported 2,700 shares. First Manhattan stated it has 0% of its portfolio in Voya Financial, Inc. (NYSE:VOYA). Virginia Retirement Systems Et Al owns 287,100 shares for 0.17% of their portfolio. Northern Trust Corporation has 1.18M shares. Fmr Ltd Com has invested 0.01% in Voya Financial, Inc. (NYSE:VOYA). Spark Ltd Limited Liability Company has invested 0.1% in Voya Financial, Inc. (NYSE:VOYA). Denver Invest Ltd Liability Corp reported 0.16% stake. Ahl Partners Ltd Liability Partnership stated it has 0.15% in Voya Financial, Inc. (NYSE:VOYA). First Quadrant Lp Ca holds 491 shares. Advisory Svcs Networks invested 0% in Voya Financial, Inc. (NYSE:VOYA). Stratos Wealth Ptnrs Limited stated it has 644 shares. Twin Tree Ltd Partnership reported 3,422 shares.

Since February 21, 2018, it had 0 insider purchases, and 2 insider sales for $328,755 activity.

Voya Financial, Inc. (NYSE:VOYA) Institutional Positions Chart

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.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>