32,759 Shares in Viking Holdings Ltd (NYSE:VIK) Purchased by Victory Capital Management Inc.

Victory Capital Management Inc. acquired a new position in Viking Holdings Ltd (NYSE:VIK - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 32,759 shares of the company's stock, valued at approximately $1,443,000.

Other large investors also recently bought and sold shares of the company. Avior Wealth Management LLC acquired a new stake in shares of Viking in the 3rd quarter worth $27,000. Golden State Wealth Management LLC purchased a new stake in Viking in the fourth quarter valued at about $73,000. New York State Common Retirement Fund acquired a new stake in Viking in the fourth quarter worth about $119,000. Rhumbline Advisers purchased a new stake in shares of Viking during the fourth quarter worth about $130,000. Finally, SBI Securities Co. Ltd. acquired a new position in shares of Viking during the fourth quarter valued at about $199,000. Institutional investors own 98.84% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on VIK. Barclays set a $46.00 target price on Viking and gave the stock an "equal weight" rating in a research note on Wednesday, March 12th. Loop Capital started coverage on Viking in a report on Tuesday, February 4th. They set a "buy" rating and a $55.00 target price for the company. Truist Financial increased their price target on shares of Viking from $49.00 to $50.00 and gave the stock a "hold" rating in a report on Friday, March 14th. UBS Group lifted their price objective on shares of Viking from $54.00 to $55.00 and gave the company a "buy" rating in a research note on Tuesday. Finally, 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 report on Friday, January 17th. Four equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $46.33.

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Viking Trading Up 0.3 %

VIK traded up $0.14 during midday trading on Friday, hitting $40.11. 6,624,736 shares of the company traded hands, compared to its average volume of 2,427,018. The company has a market capitalization of $17.30 billion and a price-to-earnings ratio of 154.25. Viking Holdings Ltd has a 52-week low of $25.71 and a 52-week high of $53.14. The business has a 50 day simple moving average of $47.22 and a two-hundred day simple moving average of $42.93.

Viking (NYSE:VIK - Get Free Report) last posted its quarterly earnings data on Tuesday, March 11th. The company reported $0.45 earnings per share (EPS) 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 analysts' expectations of $1.34 billion. The firm's revenue for the quarter was up 20.5% compared to the same quarter last year. Equities research analysts anticipate that Viking Holdings Ltd will post 1.49 earnings per share for the current year.

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.