20,000 Shares in Viking Holdings Ltd (NYSE:VIK) Bought by Janus Henderson Group PLC

Janus Henderson Group PLC purchased a new position in Viking Holdings Ltd (NYSE:VIK - Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 20,000 shares of the company's stock, valued at approximately $698,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Empirical Asset Management LLC lifted its holdings in 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 purchasing an additional 550 shares during the last quarter. Avior Wealth Management LLC purchased a new stake in Viking during the third quarter valued at about $27,000. Fruth Investment Management lifted its holdings in Viking by 1.4% during the third quarter. Fruth Investment Management now owns 71,800 shares of the company's stock valued at $2,505,000 after purchasing an additional 1,000 shares during the last quarter. Valley Wealth Managers Inc. purchased a new stake in Viking during the second quarter valued at about $35,000. Finally, Sunbelt Securities Inc. purchased a new stake in Viking during the second quarter valued at about $68,000. 98.84% of the stock is owned by hedge funds and other institutional investors.

Viking Stock Down 1.5 %

Shares of VIK stock traded down $0.69 during trading on Friday, hitting $45.49. The company had a trading volume of 1,310,828 shares, compared to its average volume of 2,654,939. Viking Holdings Ltd has a 52 week low of $25.71 and a 52 week high of $47.62. The stock's 50-day moving average is $42.51 and its two-hundred day moving average is $36.71.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on VIK shares. Wells Fargo & Company upped their price target on Viking from $35.00 to $39.00 and gave the company an "overweight" rating in a research report on Wednesday, September 4th. Bank of America upped their price target on Viking from $40.00 to $51.00 and gave the company a "buy" rating in a research report on Wednesday, November 13th. Truist Financial upped their price target on Viking from $38.00 to $49.00 and gave the company a "hold" rating in a research report on Monday, December 2nd. Stifel Nicolaus upped their price target on Viking from $39.00 to $50.00 and gave the company a "buy" rating in a research report on Monday, November 18th. Finally, Barclays reiterated an "equal weight" rating and set a $49.00 price target on shares of Viking in a research report on Friday. Three research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, Viking has an average rating of "Moderate Buy" and an average target price of $41.92.

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.