210,830 Shares in Viking Holdings Ltd (NYSE:VIK) Bought by Trexquant Investment LP

Trexquant Investment LP bought a new stake in Viking Holdings Ltd (NYSE:VIK - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 210,830 shares of the company's stock, valued at approximately $9,289,000.

A number of other large investors also recently bought and sold shares of VIK. Charles Schwab Investment Management Inc. bought a new position in shares of Viking in the 3rd quarter worth about $1,269,000. Cerity Partners LLC acquired a new position in Viking in the third quarter valued at approximately $882,000. Janus Henderson Group PLC bought a new position in shares of Viking during the third quarter valued at approximately $698,000. Maven Securities LTD bought a new stake in shares of Viking in the 3rd quarter worth approximately $6,978,000. Finally, Polar Asset Management Partners Inc. bought a new stake in shares of Viking in the 3rd quarter worth approximately $1,022,000. Institutional investors own 98.84% of the company's stock.

Viking Price Performance

VIK traded down $1.06 during midday trading on Monday, hitting $33.88. 2,253,105 shares of the company's stock traded hands, compared to its average volume of 2,500,962. The company has a market cap of $14.62 billion and a PE ratio of 129.23. Viking Holdings Ltd has a one year low of $25.71 and a one year high of $53.14. The stock's fifty day simple moving average is $45.93 and its 200-day simple moving average is $43.60.

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 the consensus estimate of $0.36 by $0.09. The company had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.34 billion. The business's quarterly revenue was up 20.5% compared to the same quarter last year. On average, research analysts expect that Viking Holdings Ltd will post 1.49 EPS for the current year.

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Analyst Upgrades and Downgrades

VIK has been the topic of several analyst reports. Morgan Stanley dropped their target price on Viking from $53.00 to $49.00 and set an "overweight" rating on the stock in a research report on Friday, March 21st. UBS Group upped their target price on shares of Viking from $54.00 to $55.00 and gave the stock a "buy" rating in a research report on Tuesday, March 18th. Loop Capital initiated coverage on Viking in a research report on Tuesday, February 4th. They set a "buy" rating and a $55.00 price objective for the company. Barclays set a $46.00 target price on Viking and gave the company an "equal weight" rating in a research note on Wednesday, March 12th. Finally, BNP Paribas assumed coverage on shares of Viking in a research report on Thursday, March 27th. They set an "outperform" rating and a $47.00 price target on the stock. Five research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $46.29.

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.