Quantinno Capital Management LP Acquires New Holdings in Voyager Technologies, Inc. $VOYG

Quantinno Capital Management LP bought a new stake in shares of Voyager Technologies, Inc. (NYSE:VOYG) in the 1st quarter, Holdings Channel.com reports. The fund bought 69,040 shares of the company’s stock, valued at approximately $1,615,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Comerica Bank lifted its stake in Voyager Technologies by 44,598.9% in the fourth quarter. Comerica Bank now owns 40,229 shares of the company’s stock valued at $1,052,000 after buying an additional 40,139 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Voyager Technologies during the 4th quarter worth approximately $7,334,000. HB Wealth Management LLC bought a new stake in shares of Voyager Technologies in the 4th quarter valued at $1,169,000. Kestra Advisory Services LLC increased its stake in shares of Voyager Technologies by 14,088.8% in the 1st quarter. Kestra Advisory Services LLC now owns 119,612 shares of the company’s stock valued at $2,798,000 after acquiring an additional 118,769 shares in the last quarter. Finally, Fifth Third Bancorp lifted its position in shares of Voyager Technologies by 213.0% during the 1st quarter. Fifth Third Bancorp now owns 87,375 shares of the company’s stock valued at $2,044,000 after acquiring an additional 59,464 shares during the period.

Voyager Technologies Price Performance

Shares of VOYG opened at $43.21 on Thursday. The business’s fifty day moving average is $33.49 and its 200 day moving average is $31.67. Voyager Technologies, Inc. has a 12-month low of $17.41 and a 12-month high of $52.40. The company has a quick ratio of 3.72, a current ratio of 3.80 and a debt-to-equity ratio of 1.19. The stock has a market cap of $2.39 billion, a P/E ratio of -18.47 and a beta of 4.19.

Voyager Technologies (NYSE:VOYG) last announced its quarterly earnings results on Monday, August 3rd. The company reported ($0.70) EPS for the quarter, beating analysts’ consensus estimates of ($1.01) by $0.31. Voyager Technologies had a negative net margin of 78.61% and a negative return on equity of 27.31%. The business had revenue of $52.75 million during the quarter. During the same quarter last year, the firm posted ($1.23) EPS. The business’s revenue for the quarter was up 15.4% compared to the same quarter last year. Sell-side analysts anticipate that Voyager Technologies, Inc. will post -3.48 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on VOYG shares. Wolfe Research restated an “outperform” rating and issued a $55.00 price target on shares of Voyager Technologies in a report on Wednesday, June 3rd. Morgan Stanley reiterated an “underweight” rating and set a $37.00 price objective on shares of Voyager Technologies in a report on Wednesday, August 5th. Jefferies Financial Group reissued a “buy” rating and set a $65.00 price objective on shares of Voyager Technologies in a research report on Sunday. Zacks Research upgraded Voyager Technologies from a “strong sell” rating to a “hold” rating in a research note on Wednesday, April 15th. Finally, Wedbush began coverage on Voyager Technologies in a research report on Wednesday, July 1st. They issued an “outperform” rating and a $46.00 target price for the company. Two research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $43.91.

About Voyager Technologies

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.