522,589 Shares in Viking Holdings Ltd (NYSE:VIK) Bought by BNP Paribas Financial Markets

BNP Paribas Financial Markets purchased a new stake in shares of Viking Holdings Ltd (NYSE:VIK - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 522,589 shares of the company's stock, valued at approximately $23,025,000. BNP Paribas Financial Markets owned about 0.12% of Viking at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of VIK. Blue Chip Partners LLC acquired a new position in shares of Viking in the 4th quarter valued at about $279,000. Hsbc Holdings PLC acquired a new position in Viking in the fourth quarter valued at approximately $567,000. Renaissance Capital LLC boosted its holdings in shares of Viking by 8.5% during the 4th quarter. Renaissance Capital LLC now owns 121,547 shares of the company's stock worth $5,355,000 after buying an additional 9,527 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of Viking by 883.7% during the 4th quarter. JPMorgan Chase & Co. now owns 1,191,731 shares of the company's stock worth $52,508,000 after buying an additional 1,070,589 shares during the period. Finally, Oppenheimer & Co. Inc. bought a new stake in shares of Viking in the 4th quarter valued at $339,000. Institutional investors own 98.84% of the company's stock.

Viking Price Performance

Shares of Viking stock opened at $43.23 on Friday. The stock has a fifty day moving average price of $40.53 and a 200-day moving average price of $44.13. The firm has a market cap of $18.65 billion and a PE ratio of 166.27. Viking Holdings Ltd has a 1 year low of $27.60 and a 1 year high of $53.14.

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

Wall Street Analyst Weigh In

VIK has been the subject of a number of research reports. The Goldman Sachs Group reduced their price target on shares of Viking from $51.00 to $44.00 and set a "neutral" rating for the company in a report on Wednesday, April 23rd. UBS Group boosted their target price on Viking from $54.00 to $55.00 and gave the company a "buy" rating in a research report on Tuesday, March 18th. Morgan Stanley cut their price target on Viking from $49.00 to $47.00 and set an "overweight" rating on the stock in a report on Thursday, April 10th. Loop Capital assumed coverage on Viking in a research report on Tuesday, February 4th. They set a "buy" rating and a $55.00 target price on the stock. Finally, Redburn Atlantic raised shares of Viking to a "hold" rating in a research report on Tuesday, April 1st. Five analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $46.89.

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.

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