Fmr LLC Buys 1,518,773 Shares of Viking Holdings Ltd (NYSE:VIK)

FMR LLC boosted its position in shares of Viking Holdings Ltd (NYSE:VIK - Free Report) by 27.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,979,454 shares of the company's stock after buying an additional 1,518,773 shares during the period. FMR LLC owned 1.62% of Viking worth $243,513,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the company. Crestwood Capital Management L.P. boosted its holdings in Viking by 236.8% during the third quarter. Crestwood Capital Management L.P. now owns 471,522 shares of the company's stock worth $16,451,000 after buying an additional 331,522 shares in the last quarter. Cerity Partners LLC acquired a new position in Viking in the 3rd quarter valued at $882,000. Charles Schwab Investment Management Inc. purchased a new position in shares of Viking during the 3rd quarter worth $1,269,000. Massachusetts Financial Services Co. MA boosted its holdings in shares of Viking by 36.8% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,951,929 shares of the company's stock worth $102,993,000 after purchasing an additional 793,795 shares during the last quarter. Finally, Commerce Bank purchased a new stake in shares of Viking in the third quarter valued at $276,000.

Viking Trading Down 0.3 %

Viking stock traded down $0.12 during trading on Monday, hitting $46.33. 1,773,773 shares of the company were exchanged, compared to its average volume of 1,948,195. Viking Holdings Ltd has a 52 week low of $25.71 and a 52 week high of $47.62. The business's 50 day moving average is $40.35 and its 200 day moving average is $35.60.

Analysts Set New Price Targets

A number of research firms have recently commented on VIK. Truist Financial upped their price objective on Viking from $38.00 to $49.00 and gave the stock a "hold" rating in a report on Monday. Barclays lifted their price target on shares of Viking from $43.00 to $49.00 and gave the stock an "overweight" rating in a research report on Wednesday, November 20th. Stifel Nicolaus upped their price target on shares of Viking from $39.00 to $50.00 and gave the company a "buy" rating in a research report on Monday, November 18th. JPMorgan Chase & Co. increased their price target on shares of Viking from $37.00 to $42.00 and gave the stock an "overweight" rating in a research report on Thursday, August 22nd. Finally, Wells Fargo & Company raised their target price on Viking from $35.00 to $39.00 and gave the company an "overweight" rating in a report on Wednesday, September 4th. Two investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $41.92.

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.