Natixis Advisors LLC Invests $657,000 in Viking Holdings Ltd (NYSE:VIK)

Natixis Advisors LLC acquired a new stake in Viking Holdings Ltd (NYSE:VIK - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 14,912 shares of the company's stock, valued at approximately $657,000.

Other institutional investors have also recently bought and sold shares of the company. Avior Wealth Management LLC boosted its position in shares of Viking by 37.1% in the 4th quarter. Avior Wealth Management LLC now owns 1,053 shares of the company's stock worth $46,000 after purchasing an additional 285 shares during the last quarter. Golden State Wealth Management LLC acquired a new position in Viking in the fourth quarter valued at about $73,000. New York State Common Retirement Fund bought a new position in Viking during the fourth quarter worth about $119,000. Rhumbline Advisers acquired a new position in shares of Viking during the 4th quarter worth about $130,000. Finally, Vestcor Inc bought a new stake in shares of Viking in the 4th quarter valued at about $141,000. Institutional investors and hedge funds own 98.84% of the company's stock.

Viking Stock Down 4.6 %

VIK traded down $1.90 during trading hours on Friday, hitting $39.35. 2,546,378 shares of the company's stock were exchanged, compared to its average volume of 2,468,793. The stock has a market cap of $16.98 billion and a price-to-earnings ratio of 151.33. Viking Holdings Ltd has a 1-year low of $25.71 and a 1-year high of $53.14. The stock's 50-day moving average is $46.85 and its two-hundred day moving average is $43.38.

Viking (NYSE:VIK - Get Free Report) last posted its quarterly earnings data on Tuesday, March 11th. The company reported $0.45 EPS for the quarter, topping analysts' consensus estimates of $0.36 by $0.09. The business had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.34 billion. The business's revenue for the quarter was up 20.5% on a year-over-year basis. On average, equities research analysts anticipate that Viking Holdings Ltd will post 1.49 EPS for the current year.

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Analysts Set New Price Targets

VIK has been the topic of several recent analyst reports. JPMorgan Chase & Co. lifted their price objective on shares of Viking from $50.00 to $58.00 and gave the stock an "overweight" rating in a research note on Friday, January 17th. Truist Financial lifted their price target on shares of Viking from $49.00 to $50.00 and gave the stock a "hold" rating in a research report on Friday, March 14th. The Goldman Sachs Group assumed coverage on shares of Viking in a research report on Wednesday, January 22nd. They issued a "neutral" rating and a $49.00 price objective for the company. Barclays set a $46.00 target price on Viking and gave the stock an "equal weight" rating in a report on Wednesday, March 12th. Finally, Loop Capital assumed coverage on Viking in a research note on Tuesday, February 4th. They issued a "buy" rating and a $55.00 target price for the company. Four research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $46.38.

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.