Steady With Possible Growth: E*TRADE Financial Corporation (ETFC) and Voya Financial Inc. (VOYA)

On Sep 13, Curcio Michael John, EVP, Institutional sold 53,584 shares of E*TRADE Financial Corporation (NASDAQ: ETFC), with the average selling price of the stock being $45.18 per share. The total amount realized from this sold $2,421,113. A document was filed with the Securities and Exchange Commission to notify the public about the sold of the shares.

In addition to that, Director – LAWSON RODGER A sold an extra 5,109 shares of this stock in a transaction that took place a day before, on Sep 13, with a share sold at an average of $45.18 and a total of $230,848 was realized from this transaction. After the transaction, the Director – LAWSON RODGER A was left with 108,630 shares of the company’s stock, which is currently worth around $4907903.4.

The recent price movement of ETFC means that it is now down by -11.96% from its 52-week high and 32.90% up against its 52-week low prices. Over the past one week, the price volatility of ETFC stands at 1.34% while the volatility over the past one month is 1.46%. The beta score for this stock is 1.23. A beta score below 1 means that the stock has a low volatility while above 1 signifies that a stock is highly volatile at that particular moment, a data that traders use to keep tabs on their investments.

The company published its latest quarterly earnings, with the report showing that the company recorded 1.06 earnings per share (EPS) during that period. This report was above the expectations of analysts of 1.03 by 0.03. The revenue by the firm was 663.02M for the quarter.

The shares of E*TRADE Financial Corporation (ETFC) gained by 1.59%, leading to a gain of $0.72 per share, and saw ETFC end the trading session at $46.09 on Thursday 01/02/20. ETFC started the trading session at $45.67, before reaching a daily high of $46.10. It wasn’t able to sustain that growth though and soon jumped to hit a daily low of $45.375.

The trading volume on Thursday stood at 1738188, which was below the stock’s 3-month average volume of 4.46 million shares, out of a total 223.92M shares. As the price of the stock climbed, the market valuation of the company gained to 10.46 billion.

The shares of Voya Financial Inc. (NYSE: VOYA) went up by 0.36% by the end of the recent trading session. This movement saw its price surge to close at $61.20, which was higher than the previous closing price of $60.98. Over the past one week, the price of VOYA has jumped by 1.34%, while it has recorded a gain of 5.96% over the past one month. Its three-month performance saw VOYA gain 18.79% while its six-month performance saw it surge by 8.68%. The situation is different though over the past one year, as the stock price went up by 52.89%, while its year-to-date (YTD) price performance jumped by 0.36%. The stock price has gone up by +21.42% compared to its 90-day low, while it is down -3.42% compared to its 90-day high price.

Let’s take a look at its short, medium and long-term indicators. Composite Indicators shows that Trendspotter rated the stock as a Buy. In the short-term, the stock has a 20-day average volume of 1,138,795 shares, with the short-term indicators averagely rating the stock as a 100% Buy. A look at its medium-term indicators reveals that it has a 50-Day average volume of 969,498 shares and the indicators have an average rating of 100% Buy. The last indicators, the long-term see VOYA stock with a 100-Day average volume of 1,081,799 shares, giving it an average rating of 100% Buy. A look at the general picture of all short, medium and long-term indicators leaves VOYA with an average rating of 100% Buy.

Several brokerage firms sent out their reports VOYA stock not long ago. In its report sent out on January 08, 2019, Goldman lowered its ratings on VOYA from a Neutral to a Buy. In an earlier report on June 20, 2018, Goldman Resumed the stock to a Neutral. Barclays meanwhile in its report on June 08, 2018 Resumed its rating of the stock to “Equal Weight”.

In a recent SEC filing, the company revealed that 427 institutions currently hold the VOYA stock. In the last quarter, a 147,325,367 VOYA shares were in the possession of institutions. On the other hand, the company recorded 33 new institutions who bought it their stock, while 54 institutions sold their entire VOYA reserve. Of the current institutions investing in the stock, 160 increased their investment while 206 decreased their investment in the stock.