Maven Securities LTD Takes $6.98 Million Position in Viking Holdings Ltd (NYSE:VIK)

Maven Securities LTD bought a new position in shares of Viking Holdings Ltd (NYSE:VIK - Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 200,000 shares of the company's stock, valued at approximately $6,978,000. Viking makes up 0.1% of Maven Securities LTD's investment portfolio, making the stock its 23rd biggest holding.

A number of other large investors have also bought and sold shares of VIK. Empirical Asset Management LLC boosted its holdings in shares of Viking by 6.0% in the 3rd quarter. Empirical Asset Management LLC now owns 9,780 shares of the company's stock valued at $341,000 after buying an additional 550 shares during the last quarter. Avior Wealth Management LLC acquired a new stake in shares of Viking in the 3rd quarter valued at approximately $27,000. Fruth Investment Management boosted its holdings 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 2nd quarter valued at approximately $35,000. Finally, Sunbelt Securities Inc. acquired a new stake in shares of Viking in the 2nd quarter valued at approximately $68,000.

Viking Stock Performance

Viking stock traded up $0.66 during midday trading on Wednesday, reaching $46.32. The company's stock had a trading volume of 1,794,277 shares, compared to its average volume of 1,968,771. Viking Holdings Ltd has a 52 week low of $25.71 and a 52 week high of $47.62. The business has a 50-day moving average price of $40.81 and a 200-day moving average price of $35.85.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on VIK shares. Barclays raised their price target on Viking from $43.00 to $49.00 and gave the company an "overweight" rating in a report on Wednesday, November 20th. Morgan Stanley raised Viking from an "equal weight" rating to an "overweight" rating and raised their price target for the company from $37.00 to $49.00 in a report on Tuesday, November 12th. Truist Financial raised their price target on Viking from $38.00 to $49.00 and gave the company a "hold" rating in a report on Monday. Wells Fargo & Company raised their price target on Viking from $35.00 to $39.00 and gave the company an "overweight" rating in a report on Wednesday, September 4th. Finally, JPMorgan Chase & Co. raised their price target on Viking from $37.00 to $42.00 and gave the company an "overweight" rating in a report on Thursday, August 22nd. Two research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target 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.