Schonfeld Strategic Advisors LLC Acquires Shares of 133,923 Viking Holdings Ltd (NYSE:VIK)

Schonfeld Strategic Advisors LLC acquired a new position in shares of Viking Holdings Ltd (NYSE:VIK - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 133,923 shares of the company's stock, valued at approximately $5,901,000.

Other hedge funds have also recently bought and sold shares of the company. Avior Wealth Management LLC increased its stake in Viking by 37.1% during the 4th quarter. Avior Wealth Management LLC now owns 1,053 shares of the company's stock worth $46,000 after acquiring an additional 285 shares during the period. Quarry LP bought a new position in Viking during the fourth quarter worth $66,000. Golden State Wealth Management LLC acquired a new stake in Viking in the fourth quarter valued at approximately $73,000. New York State Common Retirement Fund acquired a new position in Viking during the fourth quarter worth $119,000. Finally, Rhumbline Advisers bought a new stake in Viking during the fourth quarter worth $130,000. 98.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. UBS Group raised their price objective 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. Barclays dropped their price target on Viking from $46.00 to $45.00 and set an "equal weight" rating for the company in a research note on Tuesday, April 22nd. JPMorgan Chase & Co. lifted their price target on Viking from $50.00 to $58.00 and gave the company an "overweight" rating in a research report on Friday, January 17th. Jefferies Financial Group assumed coverage on Viking in a report on Monday, March 31st. They set a "hold" rating and a $45.00 price target on the stock. Finally, Loop Capital began coverage on Viking in a research report on Tuesday, February 4th. They issued a "buy" rating and a $55.00 price target for the company. Five analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $46.89.

Viking Price Performance

Shares of Viking stock traded up $0.75 during midday trading on Wednesday, reaching $43.34. The company had a trading volume of 311,498 shares, compared to its average volume of 2,321,783. Viking Holdings Ltd has a fifty-two week low of $27.60 and a fifty-two week high of $53.14. The stock has a fifty day moving average price of $40.77 and a 200 day moving average price of $44.08. The firm has a market cap of $18.70 billion and a PE ratio of 166.71.

Viking (NYSE:VIK - Get Free Report) last released its quarterly earnings data on Tuesday, March 11th. The company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.36 by $0.09. The business had revenue of $1.35 billion for the quarter, compared to analysts' expectations of $1.34 billion. The firm's revenue was up 20.5% compared to the same quarter last year. As a group, sell-side analysts forecast that Viking Holdings Ltd will post 1.49 EPS for the current year.

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.