U S Global Investors Inc. Takes $1.12 Million Position in Viking Holdings Ltd. $VIK

Key Points

• U S Global Investors acquired a new position in Viking Holdings (NYSE:VIK) in Q4, buying 15,700 shares valued at approximately $1.12 million.
• Institutional ownership is highly concentrated—Invesco, Federated Hermes, MFS and others boosted stakes, and institutional investors/hedge funds now own 98.84% of the company.
• Viking has a market cap of about $36.1B and a PE of 31.5; analysts' consensus is a “Moderate Buy” with an average price target near $79.93.

U S Global Investors Inc. acquired a new position in shares of Viking Holdings Ltd. (NYSE:VIK - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 15,700 shares of the company's stock, valued at approximately $1,121,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of VIK. Invesco Ltd. lifted its holdings in Viking by 32.8% during the 3rd quarter. Invesco Ltd. now owns 14,048,357 shares of the company's stock worth $873,246,000 after buying an additional 3,471,244 shares during the last quarter. Federated Hermes Inc. lifted its stake in Viking by 381.8% during the third quarter. Federated Hermes Inc. now owns 8,474,767 shares of the company's stock worth $526,792,000 after purchasing an additional 6,715,666 shares during the last quarter. Massachusetts Financial Services Co. MA increased its stake in Viking by 80.3% in the third quarter. Massachusetts Financial Services Co. MA now owns 8,117,783 shares of the company's stock valued at $504,601,000 after purchasing an additional 3,615,969 shares during the last quarter. Dream Peak Capital Ltd acquired a new stake in Viking during the fourth quarter worth approximately $223,744,000. Finally, Artisan Partners Limited Partnership raised its holdings in Viking by 33.9% during the third quarter. Artisan Partners Limited Partnership now owns 2,944,248 shares of the company's stock worth $183,014,000 after purchasing an additional 745,509 shares in the last quarter. Institutional investors and hedge funds own 98.84% of the company's stock.

Viking Price Performance

Shares of VIK opened at $80.96 on Friday. The company has a current ratio of 0.79, a quick ratio of 0.77 and a debt-to-equity ratio of 4.76. The stock's 50 day moving average is $75.36 and its two-hundred day moving average is $69.81. Viking Holdings Ltd. has a twelve month low of $38.50 and a twelve month high of $87.00. The firm has a market capitalization of $36.08 billion, a PE ratio of 31.50, a P/E/G ratio of 1.47 and a beta of 1.90.

Viking (NYSE:VIK - Get Free Report) last announced its quarterly earnings data on Saturday, February 14th. The company reported $0.67 EPS for the quarter. The firm had revenue of $1.72 billion during the quarter. Viking had a net margin of 17.65% and a return on equity of 240.75%. Research analysts anticipate that Viking Holdings Ltd. will post 3.31 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have issued reports on VIK shares. Mizuho upped their price objective on shares of Viking from $59.00 to $69.00 and gave the company an "underperform" rating in a research note on Thursday, March 5th. Morgan Stanley raised their price target on Viking from $75.00 to $79.00 and gave the stock an "overweight" rating in a research note on Wednesday, March 4th. Citigroup lifted their price target on Viking from $88.00 to $90.00 and gave the stock a "buy" rating in a research report on Monday, April 13th. UBS Group increased their price objective on Viking from $79.00 to $83.00 and gave the company a "buy" rating in a report on Wednesday, March 11th. Finally, Barclays lowered their target price on shares of Viking from $77.00 to $76.00 and set an "equal weight" rating on the stock in a research report on Friday, April 10th. Twelve analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $79.93.

Insider Activity

In other Viking news, EVP Jeffrey Dash sold 46,369 shares of the company's stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $80.23, for a total value of $3,720,184.87. Following the transaction, the executive vice president directly owned 420,022 shares in the company, valued at approximately $33,698,365.06. This represents a 9.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Viking Profile

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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