6,339 Shares in Viking Holdings Ltd (NYSE:VIK) Acquired by Blue Chip Partners LLC

Blue Chip Partners LLC acquired a new position in shares of Viking Holdings Ltd (NYSE:VIK - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 6,339 shares of the company's stock, valued at approximately $279,000.

Other institutional investors have also modified their holdings of the company. FMR LLC increased its holdings in shares of Viking by 27.8% in the 3rd quarter. FMR LLC now owns 6,979,454 shares of the company's stock valued at $243,513,000 after acquiring an additional 1,518,773 shares during the period. Franklin Resources Inc. increased its holdings in shares of Viking by 25.7% in the 3rd quarter. Franklin Resources Inc. now owns 4,090,768 shares of the company's stock valued at $154,931,000 after acquiring an additional 836,353 shares during the period. Massachusetts Financial Services Co. MA increased its holdings in shares of Viking by 36.8% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,951,929 shares of the company's stock valued at $102,993,000 after acquiring an additional 793,795 shares during the period. D1 Capital Partners L.P. increased its holdings in shares of Viking by 192.9% in the 3rd quarter. D1 Capital Partners L.P. now owns 2,586,161 shares of the company's stock valued at $90,231,000 after acquiring an additional 1,703,301 shares during the period. Finally, Forest Avenue Capital Management LP increased its holdings in shares of Viking by 11.4% in the 3rd quarter. Forest Avenue Capital Management LP now owns 1,903,208 shares of the company's stock valued at $66,403,000 after acquiring an additional 194,082 shares during the period. Hedge funds and other institutional investors own 98.84% of the company's stock.

Analyst Ratings Changes

VIK has been the topic of a number of recent research reports. Citigroup initiated coverage on shares of Viking in a report on Thursday, December 19th. They issued a "buy" rating and a $54.00 target price on the stock. Bank of America lifted their target price on shares of Viking from $40.00 to $51.00 and gave the company a "buy" rating in a report on Wednesday, November 13th. Stifel Nicolaus boosted their price objective on shares of Viking from $39.00 to $50.00 and gave the company a "buy" rating in a research note on Monday, November 18th. Barclays reissued an "equal weight" rating and issued a $49.00 price objective on shares of Viking in a research note on Friday, December 13th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Viking from $50.00 to $58.00 and gave the company an "overweight" rating in a research note on Friday, January 17th. Four investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat, Viking has an average rating of "Moderate Buy" and a consensus price target of $45.13.

Viking Stock Performance

Shares of NYSE:VIK traded down $1.55 on Thursday, reaching $49.85. 6,208,695 shares of the company were exchanged, compared to its average volume of 3,035,976. The company has a 50-day moving average of $47.37 and a 200-day moving average of $41.50. Viking Holdings Ltd has a 1-year low of $25.71 and a 1-year high of $53.14.

Viking Profile

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.