U.S. Capital Wealth Advisors LLC Has $1.57 Million Holdings in Viking Holdings Ltd (NYSE:VIK)

U.S. Capital Wealth Advisors LLC decreased its holdings in shares of Viking Holdings Ltd (NYSE:VIK - Free Report) by 42.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,555 shares of the company's stock after selling 25,920 shares during the quarter. U.S. Capital Wealth Advisors LLC's holdings in Viking were worth $1,567,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the business. Avior Wealth Management LLC purchased a new position in shares of Viking during the 3rd quarter valued at $27,000. SG Americas Securities LLC acquired a new stake in Viking during the third quarter valued at $181,000. Wilmington Savings Fund Society FSB purchased a new position in Viking in the third quarter valued at about $187,000. China Universal Asset Management Co. Ltd. acquired a new position in Viking in the 3rd quarter worth about $204,000. Finally, Commerce Bank purchased a new stake in shares of Viking during the 3rd quarter worth about $276,000. 98.84% of the stock is owned by institutional investors and hedge funds.

Viking Price Performance

NYSE:VIK traded up $0.01 during trading hours on Friday, hitting $52.85. 3,872,016 shares of the company traded hands, compared to its average volume of 3,069,736. Viking Holdings Ltd has a twelve month low of $25.71 and a twelve month high of $53.14. The firm has a 50-day moving average of $46.37 and a 200 day moving average of $40.50.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on VIK shares. Barclays reissued an "equal weight" rating and issued a $49.00 price target on shares of Viking in a research note on Friday, December 13th. Morgan Stanley upgraded shares of 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. Citigroup started coverage on shares of Viking in a report on Thursday, December 19th. They issued a "buy" rating and a $54.00 price objective for the company. Loop Capital assumed coverage on Viking in a research report on Tuesday. They issued a "buy" rating and a $55.00 price target for the company. Finally, JPMorgan Chase & Co. boosted their target price on Viking from $50.00 to $58.00 and gave the stock an "overweight" rating in a report on Friday, January 17th. Four investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, Viking currently has a consensus rating of "Moderate Buy" and an average target price of $45.13.

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.