XTX Topco Ltd Makes New Investment in Viking Holdings Ltd (NYSE:VIK)

XTX Topco Ltd purchased a new stake in Viking Holdings Ltd (NYSE:VIK - Free Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 38,512 shares of the company's stock, valued at approximately $1,344,000.

Several other institutional investors have also recently made changes to their positions in VIK. Canada Pension Plan Investment Board bought a new position in shares of Viking in the second quarter valued at $2,063,879,000. FMR LLC increased its stake in shares of Viking by 27.8% during the 3rd quarter. FMR LLC now owns 6,979,454 shares of the company's stock worth $243,513,000 after purchasing an additional 1,518,773 shares during the last quarter. Select Equity Group L.P. bought a new stake in shares of Viking in the 2nd quarter valued at about $145,989,000. Massachusetts Financial Services Co. MA lifted its stake in Viking by 36.8% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,951,929 shares of the company's stock valued at $102,993,000 after purchasing an additional 793,795 shares during the last quarter. Finally, D1 Capital Partners L.P. grew its holdings in Viking by 192.9% during the third quarter. D1 Capital Partners L.P. now owns 2,586,161 shares of the company's stock worth $90,231,000 after purchasing an additional 1,703,301 shares during the period. Institutional investors and hedge funds own 98.84% of the company's stock.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Bank of America upped their price objective on Viking from $40.00 to $51.00 and gave the company a "buy" rating in a research note on Wednesday, November 13th. Truist Financial raised their price target on Viking from $38.00 to $49.00 and gave the company a "hold" rating in a report on Monday, December 2nd. JPMorgan Chase & Co. upped their price objective on shares of Viking from $37.00 to $42.00 and gave the company an "overweight" rating in a report on Thursday, August 22nd. Morgan Stanley upgraded shares of Viking from an "equal weight" rating to an "overweight" rating and raised their target price for the stock from $37.00 to $49.00 in a research note on Tuesday, November 12th. Finally, Wells Fargo & Company upped their price target on shares of Viking from $35.00 to $39.00 and gave the company an "overweight" rating in a research note on Wednesday, September 4th. Two research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $41.92.

Viking Stock Down 3.5 %

Shares of NYSE VIK traded down $1.65 during midday trading on Monday, reaching $44.87. The company's stock had a trading volume of 2,841,952 shares, compared to its average volume of 1,985,746. Viking Holdings Ltd has a fifty-two week low of $25.71 and a fifty-two week high of $47.62. The business's 50 day moving average price is $41.71 and its two-hundred day moving average price is $36.32.

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.