Viking Holdings Ltd (NYSE:VIK) Holdings Reduced by Ghisallo Capital Management LLC

Ghisallo Capital Management LLC lessened its holdings in Viking Holdings Ltd (NYSE:VIK - Free Report) by 31.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,500,000 shares of the company's stock after selling 685,000 shares during the quarter. Viking accounts for 3.9% of Ghisallo Capital Management LLC's investment portfolio, making the stock its 4th biggest position. Ghisallo Capital Management LLC owned 0.35% of Viking worth $66,090,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. Kovitz Investment Group Partners LLC bought a new stake in Viking in the 4th quarter worth $6,574,000. Integrated Wealth Concepts LLC bought a new stake in Viking in the 4th quarter worth $202,000. Evercore Wealth Management LLC bought a new stake in Viking in the 4th quarter worth $53,834,000. Hood River Capital Management LLC grew its holdings in Viking by 8.9% in the 4th quarter. Hood River Capital Management LLC now owns 241,124 shares of the company's stock worth $10,624,000 after acquiring an additional 19,658 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD grew its holdings in Viking by 77.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 820,231 shares of the company's stock worth $36,140,000 after acquiring an additional 359,189 shares during the last quarter. Hedge funds and other institutional investors own 98.84% of the company's stock.

Viking Stock Performance

Shares of Viking stock traded up $0.95 during midday trading on Monday, hitting $41.50. The company had a trading volume of 1,515,489 shares, compared to its average volume of 2,525,758. The company has a 50 day moving average of $41.59 and a 200 day moving average of $43.99. Viking Holdings Ltd has a 52-week low of $25.71 and a 52-week high of $53.14. The stock has a market capitalization of $17.91 billion and a P/E ratio of 159.62.

Viking (NYSE:VIK - Get Free Report) last issued its 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 business had revenue of $1.35 billion for the quarter, compared to analysts' expectations of $1.34 billion. The company's revenue for the quarter was up 20.5% on a year-over-year basis. Equities research analysts forecast that Viking Holdings Ltd will post 1.49 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on VIK shares. Redburn Atlantic upgraded shares of Viking to a "hold" rating in a research report on Tuesday, April 1st. UBS Group increased their price target on shares of Viking from $54.00 to $55.00 and gave the stock a "buy" rating in a research note on Tuesday, March 18th. BNP Paribas assumed coverage on shares of Viking in a research note on Thursday, March 27th. They issued an "outperform" rating and a $47.00 price target for the company. Northcoast Research assumed coverage on shares of Viking in a research note on Friday. They issued a "buy" rating and a $51.00 price target for the company. Finally, Jefferies Financial Group assumed coverage on shares of Viking in a research note on Monday, March 31st. They issued a "hold" rating and a $45.00 price target for the company. Five investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $46.89.

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.