Lisanti Capital Growth LLC boosted its holdings in Viking Holdings Ltd. (NYSE:VIK - Free Report) by 40.8% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 33,320 shares of the company's stock after buying an additional 9,650 shares during the period. Lisanti Capital Growth LLC's holdings in Viking were worth $1,324,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently added to or reduced their stakes in VIK. Norges Bank acquired a new stake in Viking in the 4th quarter worth about $245,038,000. Select Equity Group L.P. boosted its stake in Viking by 26.9% in the 4th quarter. Select Equity Group L.P. now owns 17,279,911 shares of the company's stock worth $761,353,000 after buying an additional 3,658,225 shares during the last quarter. Capital Research Global Investors boosted its stake in Viking by 26.0% in the 4th quarter. Capital Research Global Investors now owns 12,086,045 shares of the company's stock worth $532,511,000 after buying an additional 2,492,724 shares during the last quarter. Two Sigma Advisers LP boosted its stake in Viking by 4,840.2% in the 4th quarter. Two Sigma Advisers LP now owns 2,321,900 shares of the company's stock worth $102,303,000 after buying an additional 2,274,900 shares during the last quarter. Finally, Two Sigma Investments LP lifted its stake in shares of Viking by 1,972.0% in the 4th quarter. Two Sigma Investments LP now owns 2,385,193 shares of the company's stock valued at $105,092,000 after purchasing an additional 2,270,075 shares in the last quarter. 98.84% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several research firms have recently weighed in on VIK. Truist Financial lifted their price objective on Viking from $49.00 to $50.00 and gave the company a "hold" rating in a research note on Friday, March 14th. Northcoast Research began coverage on Viking in a research note on Friday, April 25th. They issued a "buy" rating and a $51.00 price objective on the stock. JPMorgan Chase & Co. lifted their price objective on Viking from $58.00 to $61.00 and gave the company an "overweight" rating in a research note on Wednesday, May 21st. Morgan Stanley reduced their price objective on Viking from $49.00 to $47.00 and set an "overweight" rating on the stock in a research note on Thursday, April 10th. Finally, UBS Group lifted their price objective on Viking from $54.00 to $55.00 and gave the company a "buy" rating in a research note on Tuesday, March 18th. Five investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $49.87.
Check Out Our Latest Research Report on Viking
Viking Price Performance
Viking stock traded up $0.46 during midday trading on Friday, hitting $52.85. 17,874,795 shares of the company were exchanged, compared to its average volume of 2,607,048. The company's fifty day moving average price is $45.40 and its 200-day moving average price is $44.98. The company has a market cap of $23.42 billion and a PE ratio of 42.97. Viking Holdings Ltd. has a fifty-two week low of $30.56 and a fifty-two week high of $53.34.
Viking (NYSE:VIK - Get Free Report) last released its quarterly earnings results on Tuesday, May 20th. The company reported ($0.24) 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 analyst estimates of $841.18 million. Viking had a negative return on equity of 128.44% and a net margin of 9.60%. Viking's revenue for the quarter was up 24.9% on a year-over-year basis. During the same period in the previous year, the company posted ($1.21) EPS. On average, analysts expect that Viking Holdings Ltd. will post 1.49 EPS for the current fiscal year.
Viking Company Profile
(
Free Report)
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.
Featured Articles
Before you consider Viking, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Viking wasn't on the list.
While Viking currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
