6,369 Shares in Viking Holdings Ltd (NYSE:VIK) Purchased by PharVision Advisers LLC

PharVision Advisers LLC acquired a new stake in Viking Holdings Ltd (NYSE:VIK - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 6,369 shares of the company's stock, valued at approximately $281,000.

A number of other large investors also recently bought and sold shares of the stock. Hsbc Holdings PLC acquired a new stake in shares of Viking during the fourth quarter valued at about $567,000. Blue Chip Partners LLC purchased a new position in shares of Viking during the 4th quarter worth approximately $279,000. Renaissance Capital LLC boosted its position 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 purchasing an additional 9,527 shares during the period. JPMorgan Chase & Co. increased 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 during the last quarter. Finally, Oppenheimer & Co. Inc. purchased a new stake in Viking in the fourth quarter valued at approximately $339,000. Institutional investors and hedge funds own 98.84% of the company's stock.

Analyst Ratings Changes

Several research firms have recently commented on VIK. Citigroup raised their price target on Viking from $48.00 to $52.00 and gave the stock a "buy" rating in a research report on Wednesday. Stifel Nicolaus lowered their target price on Viking from $52.00 to $50.00 and set a "buy" rating for the company in a report on Wednesday. Morgan Stanley cut their price target on shares of Viking from $49.00 to $47.00 and set an "overweight" rating on the stock in a research note on Thursday, April 10th. Loop Capital started coverage on shares of Viking in a research report on Tuesday, February 4th. They set a "buy" rating and a $55.00 price target on the stock. Finally, Barclays lowered their price objective on shares of Viking from $46.00 to $45.00 and set an "equal weight" rating for the company in a research note on Tuesday, April 22nd. Five research 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.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $46.94.

Viking Stock Down 3.5%

NYSE VIK opened at $43.15 on Thursday. Viking Holdings Ltd has a 52 week low of $28.67 and a 52 week high of $53.14. The firm has a 50 day moving average of $41.09 and a two-hundred day moving average of $44.51. The stock has a market capitalization of $18.62 billion and a PE ratio of 165.97.

Viking (NYSE:VIK - Get Free Report) last released its quarterly earnings data on Tuesday, May 20th. The company reported ($0.24) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.26) by $0.02. The firm had revenue of $897.06 million for the quarter, compared to analysts' expectations of $841.18 million. Viking's revenue for the quarter was up 24.9% on a year-over-year basis. During the same period last year, the firm posted ($1.21) earnings per share. On average, equities research analysts expect 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.

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