Viking Holdings Ltd. (NYSE:VIK) Shares Sold by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC reduced its stake in shares of Viking Holdings Ltd. (NYSE:VIK - Free Report) by 45.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,260 shares of the company's stock after selling 16,295 shares during the quarter. U.S. Capital Wealth Advisors LLC's holdings in Viking were worth $766,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Quarry LP purchased a new position in shares of Viking in the 4th quarter worth approximately $66,000. Orion Capital Management LLC acquired a new stake in Viking in the fourth quarter valued at approximately $110,000. Golden State Wealth Management LLC grew its holdings in Viking by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 3,300 shares of the company's stock worth $131,000 after purchasing an additional 1,650 shares during the last quarter. Vestcor Inc acquired a new position in shares of Viking during the fourth quarter worth $141,000. Finally, Tower Research Capital LLC TRC lifted its holdings in shares of Viking by 2,135.2% during the 4th quarter. Tower Research Capital LLC TRC now owns 4,001 shares of the company's stock valued at $176,000 after purchasing an additional 3,822 shares during the last quarter. Institutional investors own 98.84% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on VIK shares. Citigroup upped their target price on Viking from $52.00 to $57.00 and gave the company a "buy" rating in a research report on Thursday, June 5th. BNP Paribas began coverage on shares of Viking in a report on Thursday, March 27th. They set an "outperform" rating and a $47.00 price objective on the stock. JPMorgan Chase & Co. lifted their target price on shares of Viking from $58.00 to $61.00 and gave the stock an "overweight" rating in a research note on Wednesday, May 21st. Barclays boosted their target price on shares of Viking from $45.00 to $55.00 and gave the stock an "equal weight" rating in a research report on Wednesday. Finally, Loop Capital reaffirmed a "buy" rating on shares of Viking in a report on Wednesday, May 21st. Five investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $51.00.

Viking Price Performance

NYSE VIK traded down $0.20 during mid-day trading on Friday, hitting $56.42. The stock had a trading volume of 1,917,833 shares, compared to its average volume of 2,644,794. The firm's 50 day moving average is $48.39 and its 200 day moving average is $45.66. The stock has a market capitalization of $25.00 billion, a price-to-earnings ratio of 45.87, a PEG ratio of 0.69 and a beta of 2.38. Viking Holdings Ltd. has a twelve month low of $30.56 and a twelve month high of $57.15.

Viking (NYSE:VIK - Get Free Report) last issued its earnings results on Tuesday, May 20th. The company reported ($0.24) EPS for the quarter, beating analysts' consensus estimates of ($0.26) by $0.02. The business had revenue of $897.06 million during the quarter, compared to analysts' expectations of $841.18 million. Viking had a net margin of 9.60% and a negative return on equity of 128.44%. The company's quarterly revenue was up 24.9% compared to the same quarter last year. During the same period in the prior year, the business earned ($1.21) earnings per share. As a group, equities research analysts expect that Viking Holdings Ltd. will post 1.49 earnings per share for the current year.

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.