Riposte Capital LLC Has $8.81 Million Position in Viking Holdings Ltd (NYSE:VIK)

Riposte Capital LLC trimmed its stake in shares of Viking Holdings Ltd (NYSE:VIK - Free Report) by 42.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 200,000 shares of the company's stock after selling 150,000 shares during the quarter. Viking makes up about 1.7% of Riposte Capital LLC's portfolio, making the stock its 21st largest holding. Riposte Capital LLC's holdings in Viking were worth $8,812,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. bought a new stake in Viking during the 3rd quarter worth approximately $1,269,000. Blue Chip Partners LLC bought a new stake in shares of Viking in the fourth quarter worth $279,000. Renaissance Capital LLC increased its holdings in Viking by 8.5% in the fourth quarter. Renaissance Capital LLC now owns 121,547 shares of the company's stock valued at $5,355,000 after purchasing an additional 9,527 shares during the period. Oppenheimer & Co. Inc. bought a new position in Viking during the 4th quarter worth $339,000. Finally, Franklin Resources Inc. lifted its holdings in Viking by 25.7% during the 3rd quarter. Franklin Resources Inc. now owns 4,090,768 shares of the company's stock worth $154,931,000 after buying an additional 836,353 shares during the period. Institutional investors own 98.84% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on VIK. Barclays set a $46.00 price objective on Viking and gave the stock an "equal weight" rating in a research report on Wednesday, March 12th. JPMorgan Chase & Co. upped their price objective on shares of Viking from $50.00 to $58.00 and gave the company an "overweight" rating in a research note on Friday, January 17th. The Goldman Sachs Group assumed coverage on shares of Viking in a research note on Wednesday, January 22nd. They set a "neutral" rating and a $49.00 target price for the company. UBS Group upped their price target on shares of Viking from $54.00 to $55.00 and gave the company a "buy" rating in a research report on Tuesday, March 18th. Finally, Loop Capital started coverage on Viking in a research report on Tuesday, February 4th. They issued a "buy" rating and a $55.00 price objective for the company. Four research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat, Viking presently has an average rating of "Moderate Buy" and an average target price of $46.33.

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Viking Trading Up 0.3 %

NYSE VIK opened at $40.11 on Monday. The company has a fifty day simple moving average of $47.22 and a 200 day simple moving average of $43.07. Viking Holdings Ltd has a 12-month low of $25.71 and a 12-month high of $53.14. The company has a market cap of $17.30 billion and a P/E ratio of 154.25.

Viking (NYSE:VIK - Get Free Report) last posted its earnings results on Tuesday, March 11th. The company reported $0.45 earnings per share for the quarter, beating analysts' consensus estimates of $0.36 by $0.09. The company had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.34 billion. The business's revenue was up 20.5% compared to the same quarter last year. Sell-side analysts predict that Viking Holdings Ltd will post 1.49 EPS for the current year.

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.

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