Riposte Capital LLC Buys New Stake in Viking Holdings Ltd (NYSE:VIK)

Riposte Capital LLC acquired a new stake in shares of Viking Holdings Ltd (NYSE:VIK - Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 350,000 shares of the company's stock, valued at approximately $12,212,000. Viking makes up approximately 1.3% of Riposte Capital LLC's portfolio, making the stock its 6th biggest holding. Riposte Capital LLC owned about 0.08% of Viking as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Empirical Asset Management LLC boosted its position in Viking by 6.0% in the 3rd quarter. Empirical Asset Management LLC now owns 9,780 shares of the company's stock worth $341,000 after purchasing an additional 550 shares in the last quarter. Avior Wealth Management LLC acquired a new stake in Viking in the 3rd quarter valued at $27,000. Fruth Investment Management increased its holdings in Viking by 1.4% in the 3rd quarter. Fruth Investment Management now owns 71,800 shares of the company's stock worth $2,505,000 after acquiring an additional 1,000 shares in the last quarter. Valley Wealth Managers Inc. acquired a new position in Viking during the second quarter worth $35,000. Finally, Sunbelt Securities Inc. purchased a new position in Viking during the second quarter valued at $68,000.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Bank of America raised their price target on shares of Viking from $40.00 to $51.00 and gave the company a "buy" rating in a research note on Wednesday, November 13th. JPMorgan Chase & Co. lifted their price target on Viking from $37.00 to $42.00 and gave the stock an "overweight" rating in a research note on Thursday, August 22nd. Truist Financial increased their price objective on Viking from $38.00 to $49.00 and gave the company a "hold" rating in a research note on Monday. Wells Fargo & Company upped their target price on shares of Viking from $35.00 to $39.00 and gave the stock an "overweight" rating in a report on Wednesday, September 4th. Finally, Barclays raised their price target on shares of Viking from $43.00 to $49.00 and gave the stock an "overweight" rating in a research note on Wednesday, November 20th. Two research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $41.92.

Viking Stock Down 0.3 %

Shares of NYSE VIK traded down $0.15 during midday trading on Thursday, reaching $46.17. 723,642 shares of the stock were exchanged, compared to its average volume of 1,963,257. The company has a 50 day simple moving average of $41.05 and a 200 day simple moving average of $35.93. Viking Holdings Ltd has a twelve month low of $25.71 and a twelve month high of $47.62.

About Viking

Viking Holdings Ltd engages in the passenger shipping and other forms of passenger transport in North America, the United Kingdom, and internationally. It operates through River and Ocean segments. The company also operates as a tour entrepreneur for passengers and related activities in tourism. As of December 31, 2023, it operated a fleet of 92 ships, including 81 river vessels comprising 58 Longships, 10 smaller classes based on the Longship design, 11 other river vessels, and 1 river vessel charter and the Viking Mississippi; 9 ocean ships; and 2 expedition ships.