R Squared Ltd acquired a new stake in shares of Viking Holdings Ltd. (NYSE:VIK - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 7,225 shares of the company's stock, valued at approximately $385,000.
Other hedge funds also recently modified their holdings of the company. Pittenger & Anderson Inc. acquired a new stake in shares of Viking during the 2nd quarter valued at $27,000. Private Trust Co. NA acquired a new stake in shares of Viking during the 2nd quarter valued at $29,000. Costello Asset Management INC acquired a new stake in shares of Viking during the 1st quarter valued at $33,000. Harbour Investments Inc. boosted its holdings in shares of Viking by 37.2% during the 1st quarter. Harbour Investments Inc. now owns 1,277 shares of the company's stock valued at $51,000 after acquiring an additional 346 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in shares of Viking by 92.0% during the 1st quarter. NewEdge Advisors LLC now owns 1,440 shares of the company's stock valued at $57,000 after acquiring an additional 690 shares in the last quarter. Institutional investors and hedge funds own 98.84% of the company's stock.
Viking Stock Performance
VIK stock opened at $60.35 on Friday. The stock has a 50-day moving average price of $61.33 and a 200-day moving average price of $53.39. Viking Holdings Ltd. has a 1-year low of $31.79 and a 1-year high of $65.37. The company has a current ratio of 0.64, a quick ratio of 0.62 and a debt-to-equity ratio of 19.33. The firm has a market cap of $26.74 billion, a PE ratio of 32.62, a price-to-earnings-growth ratio of 0.71 and a beta of 2.24.
Viking (NYSE:VIK - Get Free Report) last posted its quarterly earnings data on Tuesday, August 19th. The company reported $0.99 earnings per share for the quarter, missing the consensus estimate of $1.00 by ($0.01). Viking had a negative return on equity of 374.71% and a net margin of 13.99%.The business had revenue of $1.88 billion during the quarter, compared to the consensus estimate of $1.84 billion. During the same period last year, the business posted $0.89 earnings per share. The business's revenue was up 18.5% on a year-over-year basis. As a group, equities research analysts expect that Viking Holdings Ltd. will post 1.49 earnings per share for the current year.
Analyst Ratings Changes
VIK has been the topic of several recent research reports. Mizuho initiated coverage on Viking in a report on Friday, October 10th. They set an "underperform" rating and a $54.00 target price on the stock. Barclays lifted their target price on Viking from $61.00 to $62.00 and gave the stock an "equal weight" rating in a report on Friday, October 3rd. UBS Group lifted their target price on Viking from $55.00 to $69.00 and gave the stock a "buy" rating in a report on Wednesday, August 20th. Truist Financial lifted their target price on Viking from $55.00 to $59.00 and gave the stock a "hold" rating in a report on Friday, September 19th. Finally, Jefferies Financial Group lifted their target price on Viking from $45.00 to $52.00 and gave the stock a "hold" rating in a report on Monday, July 7th. Nine analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $58.93.
Get Our Latest Stock Analysis on VIK
About Viking
(
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.
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