Barclays PLC Has $2.96 Million Holdings in Viking Holdings Ltd (NYSE:VIK)

Barclays PLC boosted its stake in Viking Holdings Ltd (NYSE:VIK - Free Report) by 134,156.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 67,128 shares of the company's stock after purchasing an additional 67,078 shares during the period. Barclays PLC's holdings in Viking were worth $2,958,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of VIK. Norges Bank purchased a new stake in shares of Viking during the 4th quarter worth $245,038,000. Invesco Ltd. purchased a new stake in shares of Viking in the fourth quarter valued at about $59,036,000. Renaissance Technologies LLC raised its stake in shares of Viking by 150.2% during the fourth quarter. Renaissance Technologies LLC now owns 2,095,305 shares of the company's stock worth $92,319,000 after purchasing an additional 1,258,005 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in shares of Viking by 1,128.6% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,278,150 shares of the company's stock worth $56,315,000 after acquiring an additional 1,174,121 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in Viking by 883.7% in the 4th quarter. JPMorgan Chase & Co. now owns 1,191,731 shares of the company's stock valued at $52,508,000 after purchasing an additional 1,070,589 shares in the last quarter. 98.84% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

VIK has been the topic of a number of research analyst reports. Jefferies Financial Group started coverage on Viking in a research report on Monday, March 31st. They set a "hold" rating and a $45.00 target price on the stock. BNP Paribas assumed coverage on shares of Viking in a report on Thursday, March 27th. They issued an "outperform" rating and a $47.00 price target on the stock. Loop Capital assumed coverage on Viking in a report on Tuesday, February 4th. They issued a "buy" rating and a $55.00 price target for the company. UBS Group raised their price target on shares of Viking from $54.00 to $55.00 and gave the company a "buy" rating in a report on Tuesday, March 18th. 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 issued a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $46.89.

Viking Price Performance

Shares of NYSE:VIK traded up $1.37 during midday trading on Friday, reaching $42.30. The company's stock had a trading volume of 3,484,239 shares, compared to its average volume of 2,355,851. The business's fifty day simple moving average is $40.99 and its 200-day simple moving average is $44.00. Viking Holdings Ltd has a fifty-two week low of $27.20 and a fifty-two week high of $53.14. The company has a market capitalization of $18.25 billion and a P/E ratio of 162.69.

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 analysts' consensus estimates of $0.36 by $0.09. The company had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.34 billion. The firm's revenue was up 20.5% compared to the same quarter last year. On average, analysts forecast that Viking Holdings Ltd will post 1.49 earnings per share for the current fiscal year.

About Viking

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.