Scholtz & Company LLC Takes $1.74 Million Position in Viking Holdings Ltd. $VIK

Scholtz & Company LLC purchased a new stake in Viking Holdings Ltd. (NYSE:VIK - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 16,660 shares of the company's stock, valued at approximately $1,744,000.

Several other large investors also recently made changes to their positions in the stock. Hiddenite Capital Partners LP bought a new stake in Viking in the 4th quarter valued at $3,213,000. The Manufacturers Life Insurance Company lifted its stake in Viking by 19.8% during the first quarter. The Manufacturers Life Insurance Company now owns 581,948 shares of the company's stock worth $42,762,000 after purchasing an additional 96,166 shares during the last quarter. Stephens Investment Management Group LLC lifted its holdings in shares of Viking by 39.2% in the fourth quarter. Stephens Investment Management Group LLC now owns 956,147 shares of the company's stock worth $68,278,000 after acquiring an additional 269,274 shares during the last quarter. World Investment Advisors acquired a new stake in shares of Viking during the 4th quarter valued at $1,151,000. Finally, Qsemble Capital Management LP acquired a new stake in Viking during the 4th quarter worth approximately $4,220,000. Institutional investors and hedge funds own 98.84% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on VIK. Mizuho raised their price target on shares of Viking from $75.00 to $82.00 and gave the stock an "underperform" rating in a report on Monday, August 24th. Wells Fargo & Company lifted their price target on shares of Viking from $109.00 to $128.00 and gave the company an "overweight" rating in a research note on Wednesday, August 5th. Jefferies Financial Group boosted their target price on Viking from $100.00 to $115.00 and gave the company a "buy" rating in a research report on Friday, July 17th. BNP Paribas Exane reiterated an "outperform" rating and issued a $121.00 price target (up from $104.00) on shares of Viking in a report on Tuesday, July 14th. Finally, BMO Capital Markets reissued an "outperform" rating on shares of Viking in a research note on Wednesday, August 26th. Sixteen analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $107.33.

Viking Price Performance

Shares of NYSE:VIK opened at $85.21 on Thursday. Viking Holdings Ltd. has a 1-year low of $56.37 and a 1-year high of $110.09. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 3.61. The stock's fifty day simple moving average is $97.31 and its two-hundred day simple moving average is $87.83. The stock has a market cap of $37.98 billion, a PE ratio of 28.31, a price-to-earnings-growth ratio of 1.04 and a beta of 1.41.

Viking (NYSE:VIK - Get Free Report) last posted its earnings results on Thursday, August 20th. The company reported $1.31 EPS for the quarter, topping the consensus estimate of $1.26 by $0.05. The firm had revenue of $2.19 billion for the quarter, compared to analysts' expectations of $2.14 billion. Viking had a net margin of 19.33% and a return on equity of 117.98%. The company's quarterly revenue was up 16.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.99 EPS. As a group, analysts forecast that Viking Holdings Ltd. will post 3.2 EPS for the current fiscal year.

Key Headlines Impacting Viking

Here are the key news stories impacting Viking this week:

• Positive Sentiment: Viking FK’s Champions League debut and its coverage in UEFA and sports media may increase name recognition for “Viking,” but the soccer club is unrelated to Viking Holdings Ltd. NYSE: VIK. Viking's unlikely journey to the Champions League
• Neutral Sentiment: Articles covering the VfB Stuttgart–Viking FK match, confirmed lineups, Stuttgart’s victory and Ermedin Demirović’s hat trick concern football news and have no direct implications for Viking Holdings’ cruise operations, earnings or outlook. Stuttgart match report
• Neutral Sentiment: Reports about Viking silver hoards in Denmark and Finland, as well as historical coverage of Viking berserkers, are unrelated to the company and should not affect its valuation. Danish Viking silver discovery
• Neutral Sentiment: A “shipping stocks worth watching” article is the only potentially market-related item, but the headline alone does not identify a new development involving Viking Holdings or provide a clear explanation for the stock’s move. Best Shipping Stocks Worth Watching
• Negative Sentiment: There is no verified negative fundamental news about Viking Holdings in the supplied articles. The decrease therefore appears more likely related to trading dynamics, broader market or travel-sector sentiment, or profit-taking rather than any of these headlines.

Insiders Place Their Bets

In other Viking news, EVP Richard Marnell sold 11,287 shares of the business's stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $92.85, for a total value of $1,047,997.95. Following the transaction, the executive vice president directly owned 117,050 shares in the company, valued at $10,868,092.50. The trade was a 8.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold 17,566 shares of company stock valued at $1,640,166 in the last 90 days.

Viking Company Profile

Viking Holdings Ltd. is a global travel company that operates the Viking brand of destination-focused cruises. Its offerings include river cruises, ocean cruises and expedition voyages, with an emphasis on cultural enrichment, regional cuisine and immersive shore excursions rather than onboard casinos or other traditional cruise-ship amenities.

Viking's river cruise business serves major waterways in Europe, including the Rhine, Main, Danube, Rhône, Saône, Seine and Douro, as well as selected rivers in other regions such as Asia, Egypt and the Mississippi in the United States.

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