Fifth Third Bancorp Makes New Investment in Voyager Technologies, Inc. $VOYG

Fifth Third Bancorp acquired a new position in shares of Voyager Technologies, Inc. (NYSE:VOYG) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 27,911 shares of the company’s stock, valued at approximately $730,000.

Other hedge funds have also recently bought and sold shares of the company. Legal & General Group Plc acquired a new stake in Voyager Technologies during the second quarter worth approximately $40,000. Osaic Holdings Inc. acquired a new stake in Voyager Technologies during the second quarter worth approximately $40,000. Ameritas Investment Partners Inc. acquired a new stake in Voyager Technologies during the third quarter worth approximately $34,000. Russell Investments Group Ltd. acquired a new stake in shares of Voyager Technologies in the third quarter valued at approximately $35,000. Finally, Strs Ohio bought a new stake in shares of Voyager Technologies in the third quarter valued at approximately $74,000.

Analyst Ratings Changes

VOYG has been the topic of a number of analyst reports. Zacks Research raised Voyager Technologies from a “strong sell” rating to a “hold” rating in a research report on Wednesday, April 15th. Wedbush reissued an “outperform” rating and set a $46.00 price target on shares of Voyager Technologies in a research report on Friday, April 17th. TD Cowen initiated coverage on Voyager Technologies in a research report on Monday, April 20th. They set a “buy” rating on the stock. Wall Street Zen downgraded Voyager Technologies from a “sell” rating to a “strong sell” rating in a research report on Sunday, April 19th. Finally, Morgan Stanley set a $39.00 price target on Voyager Technologies in a research report on Friday, January 16th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $40.64.

Voyager Technologies Stock Up 3.3%

Shares of VOYG opened at $26.40 on Wednesday. Voyager Technologies, Inc. has a one year low of $17.41 and a one year high of $73.95. The company has a market cap of $1.41 billion and a P/E ratio of -9.50. The company has a debt-to-equity ratio of 1.04, a current ratio of 4.37 and a quick ratio of 4.34. The firm has a 50 day simple moving average of $27.59 and a two-hundred day simple moving average of $27.57.

Voyager Technologies (NYSE:VOYG) last announced its quarterly earnings data on Monday, May 4th. The company reported ($0.61) EPS for the quarter, beating the consensus estimate of ($0.75) by $0.14. Voyager Technologies had a negative net margin of 72.90% and a negative return on equity of 17.28%. The business had revenue of $35.25 million during the quarter. The business’s quarterly revenue was up .1% compared to the same quarter last year. Research analysts forecast that Voyager Technologies, Inc. will post -2.79 EPS for the current fiscal year.

Voyager Technologies Company 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.