Liberty Street Advisors Inc. Has $5.30 Million Stake in Voyager Technologies, Inc. $VOYG

Liberty Street Advisors Inc. cut its holdings in Voyager Technologies, Inc. (NYSE:VOYG) by 66.7% during the 1st quarter, HoldingsChannel reports. The fund owned 226,748 shares of the company’s stock after selling 455,000 shares during the quarter. Voyager Technologies accounts for approximately 12.8% of Liberty Street Advisors Inc.’s holdings, making the stock its 3rd largest position. Liberty Street Advisors Inc.’s holdings in Voyager Technologies were worth $5,304,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the business. World Equity Group Inc. boosted its holdings in Voyager Technologies by 134.8% in the 1st quarter. World Equity Group Inc. now owns 38,033 shares of the company’s stock valued at $890,000 after purchasing an additional 21,834 shares during the period. Modera Wealth Management LLC bought a new position in shares of Voyager Technologies during the first quarter worth approximately $293,000. Independent Financial Group LLC acquired a new stake in shares of Voyager Technologies in the first quarter valued at approximately $227,000. Bank of New York Mellon Corp raised its position in shares of Voyager Technologies by 319.4% in the first quarter. Bank of New York Mellon Corp now owns 129,349 shares of the company’s stock valued at $3,025,000 after buying an additional 98,505 shares in the last quarter. Finally, Fifth Third Bancorp boosted its stake in shares of Voyager Technologies by 213.0% in the first quarter. Fifth Third Bancorp now owns 87,375 shares of the company’s stock valued at $2,044,000 after buying an additional 59,464 shares during the period.

Voyager Technologies Stock Performance

Shares of Voyager Technologies stock opened at $25.82 on Monday. The company has a current ratio of 4.57, a quick ratio of 4.52 and a debt-to-equity ratio of 1.11. The company has a market cap of $1.38 billion and a PE ratio of -9.29. The company has a 50 day moving average of $37.29 and a 200-day moving average of $31.66. Voyager Technologies, Inc. has a 1-year low of $17.41 and a 1-year high of $52.40.

Voyager Technologies (NYSE:VOYG) last announced its quarterly earnings data on Monday, May 4th. The company reported ($0.61) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.75) by $0.14. Voyager Technologies had a negative net margin of 72.90% and a negative return on equity of 18.42%. The business had revenue of $35.25 million for the quarter. Voyager Technologies’s revenue for the quarter was up .1% compared to the same quarter last year. As a group, equities research analysts forecast that Voyager Technologies, Inc. will post -3.48 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. BTIG Research initiated coverage on Voyager Technologies in a research note on Thursday, June 11th. They set a “buy” rating and a $55.00 price objective on the stock. JPMorgan Chase & Co. cut their target price on Voyager Technologies from $43.00 to $39.00 and set an “overweight” rating for the company in a research report on Monday, April 13th. Jefferies Financial Group increased their target price on Voyager Technologies from $40.00 to $60.00 and gave the stock a “buy” rating in a report on Monday, June 1st. Morgan Stanley restated an “underweight” rating and issued a $39.00 price target on shares of Voyager Technologies in a research report on Wednesday, July 15th. Finally, Wedbush started coverage on Voyager Technologies in a research note on Wednesday, July 1st. They issued an “outperform” rating and a $46.00 price target for the company. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $43.64.

Voyager Technologies Profile

We are an innovation-driven defense technology and space solutions company. Our company was purpose-built to address issues at the forefront of defense, national security and space industries and we have organized our business to reflect this goal. We strive to solve complex challenges to fortify national security, protect critical assets and unlock new frontiers for human progress and economic development. We are committed to developing and delivering an array of transformative, mission-critical solutions to customers enabled by our advanced technology, analytics and space infrastructure capabilities.