GSA Capital Partners LLP Takes $2.18 Million Position in Viking Holdings Ltd (NYSE:VIK)

GSA Capital Partners LLP acquired a new stake in Viking Holdings Ltd (NYSE:VIK - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 62,541 shares of the company's stock, valued at approximately $2,182,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Empirical Asset Management LLC raised its stake in shares of Viking by 6.0% during the third quarter. Empirical Asset Management LLC now owns 9,780 shares of the company's stock valued at $341,000 after acquiring an additional 550 shares during the last quarter. Fruth Investment Management grew its position in shares of Viking by 1.4% in the 3rd quarter. Fruth Investment Management now owns 71,800 shares of the company's stock valued at $2,505,000 after buying an additional 1,000 shares during the last quarter. Valley Wealth Managers Inc. acquired a new stake in shares of Viking in the second quarter valued at about $35,000. Sunbelt Securities Inc. acquired a new stake in shares of Viking in the second quarter valued at about $68,000. Finally, American National Bank bought a new position in shares of Viking during the second quarter worth about $68,000.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. Barclays raised their price target on shares of Viking from $39.00 to $43.00 and gave the stock an "overweight" rating in a report on Tuesday, October 22nd. Bank of America raised their price objective on shares of Viking from $35.00 to $40.00 and gave the stock a "buy" rating in a research report on Tuesday, July 23rd. Morgan Stanley upgraded shares of Viking from an "equal weight" rating to an "overweight" rating and boosted their target price for the company from $37.00 to $49.00 in a research report on Tuesday. Wells Fargo & Company raised their price target 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, Stifel Nicolaus raised their target price on Viking from $37.00 to $39.00 and gave the company a "buy" rating in a research note on Friday, August 23rd. 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.com, the company presently has an average rating of "Moderate Buy" and an average price target of $38.67.

Viking Trading Up 1.9 %

Shares of NYSE:VIK traded up $0.84 during mid-day trading on Tuesday, reaching $45.28. The company had a trading volume of 1,409,679 shares, compared to its average volume of 1,857,997. Viking Holdings Ltd has a one year low of $25.71 and a one year high of $45.96. The company has a 50-day simple moving average of $36.74.

Viking (NYSE:VIK - Get Free Report) last issued its earnings results on Thursday, August 22nd. The company reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.07. The firm had revenue of $1.59 billion during the quarter, compared to the consensus estimate of $1.61 billion. Research analysts predict that Viking Holdings Ltd will post 1.13 earnings per share for the current year.

Viking Company 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.