Versor Investments LP bought a new position in Viking Holdings Ltd. (NYSE:VIK - Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 7,934 shares of the company's stock, valued at approximately $315,000.
Other institutional investors have also recently added to or reduced their stakes in the company. Hsbc Holdings PLC acquired a new stake in Viking in the fourth quarter worth approximately $567,000. Barclays PLC increased its holdings in shares of Viking by 134,156.0% in the fourth quarter. Barclays PLC now owns 67,128 shares of the company's stock valued at $2,958,000 after buying an additional 67,078 shares in the last quarter. Fortress Investment Group LLC bought a new position in shares of Viking in the fourth quarter valued at $1,322,000. GCM Grosvenor Holdings LLC increased its holdings in shares of Viking by 233.7% in the fourth quarter. GCM Grosvenor Holdings LLC now owns 317,000 shares of the company's stock valued at $13,967,000 after buying an additional 222,009 shares in the last quarter. Finally, Interval Partners LP bought a new position in shares of Viking in the fourth quarter valued at $13,191,000. 98.84% of the stock is currently owned by institutional investors and hedge funds.
Viking Stock Up 3.6%
NYSE:VIK traded up $2.1150 during trading hours on Friday, hitting $60.3850. 4,190,068 shares of the stock traded hands, compared to its average volume of 3,023,856. The firm has a 50 day moving average price of $56.10 and a 200 day moving average price of $48.12. The company has a current ratio of 0.64, a quick ratio of 0.62 and a debt-to-equity ratio of 19.33. Viking Holdings Ltd. has a fifty-two week low of $30.75 and a fifty-two week high of $60.97. The firm has a market cap of $26.76 billion, a price-to-earnings ratio of 28.90, a PEG ratio of 0.71 and a beta of 2.40.
Viking (NYSE:VIK - Get Free Report) last announced its earnings results on Tuesday, August 19th. The company reported $0.99 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.00 by ($0.01). Viking had a net margin of 13.99% and a negative return on equity of 374.71%. The firm had revenue of $1.88 billion for the quarter, compared to analyst estimates of $1.84 billion. During the same period last year, the firm earned $0.89 earnings per share. Viking's revenue for the quarter was up 18.5% compared to the same quarter last year. Equities research analysts anticipate that Viking Holdings Ltd. will post 1.49 earnings per share for the current year.
Analysts Set New Price Targets
VIK has been the topic of several research reports. Barclays upped their price target on Viking from $45.00 to $55.00 and gave the company an "equal weight" rating in a report on Wednesday, July 9th. Stifel Nicolaus upped their price target on Viking from $50.00 to $75.00 and gave the company a "buy" rating in a report on Thursday, August 14th. UBS Group upped their price target on Viking from $55.00 to $69.00 and gave the company a "buy" rating in a report on Wednesday. Bank of America upped their price target on Viking from $51.00 to $70.00 and gave the company a "buy" rating in a report on Wednesday, July 23rd. Finally, Jefferies Financial Group boosted their target price on shares of Viking from $45.00 to $52.00 and gave the company a "hold" rating in a research note on Monday, July 7th. Ten equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Viking currently has a consensus rating of "Moderate Buy" and an average target price of $57.20.
Read Our Latest Analysis on Viking
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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