American Century Companies Inc. Buys Shares of 760,302 Viking Holdings Ltd (NYSE:VIK)

American Century Companies Inc. acquired a new position in Viking Holdings Ltd (NYSE:VIK - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 760,302 shares of the company's stock, valued at approximately $33,499,000. American Century Companies Inc. owned approximately 0.18% of Viking as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. FMR LLC increased its position in Viking by 27.8% during the third quarter. FMR LLC now owns 6,979,454 shares of the company's stock worth $243,513,000 after buying an additional 1,518,773 shares during the last quarter. Franklin Resources Inc. raised its holdings in Viking by 25.7% during the third quarter. Franklin Resources Inc. now owns 4,090,768 shares of the company's stock worth $154,931,000 after buying an additional 836,353 shares during the last quarter. D1 Capital Partners L.P. lifted its holdings in Viking by 192.9% during the third quarter. D1 Capital Partners L.P. now owns 2,586,161 shares of the company's stock worth $90,231,000 after acquiring an additional 1,703,301 shares during the period. Goldentree Asset Management LP boosted its position in Viking by 53.2% during the third quarter. Goldentree Asset Management LP now owns 1,171,560 shares of the company's stock worth $40,784,000 after purchasing an additional 406,861 shares during the period. Finally, Zimmer Partners LP lifted its stake in Viking by 70.0% in the 3rd quarter. Zimmer Partners LP now owns 1,062,500 shares of the company's stock worth $37,071,000 after purchasing an additional 437,500 shares in the last quarter. 98.84% of the stock is currently owned by institutional investors and hedge funds.

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Viking Price Performance

Shares of NYSE:VIK traded up $1.51 during midday trading on Wednesday, reaching $42.00. The company's stock had a trading volume of 3,081,903 shares, compared to its average volume of 2,475,175. The company has a market capitalization of $18.12 billion and a P/E ratio of 161.54. Viking Holdings Ltd has a fifty-two week low of $25.71 and a fifty-two week high of $53.14. The business's fifty day simple moving average is $46.42 and its 200-day simple moving average is $43.48.

Viking (NYSE:VIK - Get Free Report) last issued its quarterly earnings results on Tuesday, March 11th. The company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.36 by $0.09. The company had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.34 billion. Viking's revenue was up 20.5% compared to the same quarter last year. On average, analysts forecast that Viking Holdings Ltd will post 1.49 earnings per share for the current fiscal year.

Analyst Ratings Changes

VIK has been the subject of several research analyst reports. Jefferies Financial Group initiated coverage on Viking in a report on Monday. They issued a "hold" rating and a $45.00 price objective for the company. Citigroup assumed coverage on Viking in a report on Thursday, December 19th. They set a "buy" rating and a $54.00 price objective on the stock. The Goldman Sachs Group assumed coverage on Viking in a report on Wednesday, January 22nd. They issued a "neutral" rating and a $49.00 price target for the company. JPMorgan Chase & Co. upped their target price on Viking from $50.00 to $58.00 and gave the company an "overweight" rating in a research report on Friday, January 17th. Finally, BNP Paribas initiated coverage on Viking in a research note on Thursday, March 27th. They set an "outperform" rating and a $47.00 price objective for the company. Five research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $46.29.

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.