Viking Holdings Ltd. (NYSE:VIK) Shares Sold by U S Global Investors Inc.

U S Global Investors Inc. reduced its stake in Viking Holdings Ltd. (NYSE:VIK - Free Report) by 45.5% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 10,800 shares of the company's stock after selling 9,000 shares during the quarter. U S Global Investors Inc.'s holdings in Viking were worth $429,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Commerce Bank raised its position in shares of Viking by 7.9% in the 4th quarter. Commerce Bank now owns 8,537 shares of the company's stock valued at $376,000 after purchasing an additional 625 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Viking by 3.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 37,592 shares of the company's stock valued at $1,656,000 after purchasing an additional 1,234 shares during the last quarter. Bessemer Group Inc. raised its position in shares of Viking by 6.2% in the 4th quarter. Bessemer Group Inc. now owns 25,547 shares of the company's stock valued at $1,126,000 after purchasing an additional 1,486 shares during the last quarter. Quarry LP purchased a new position in shares of Viking in the 4th quarter valued at approximately $66,000. Finally, Golden State Wealth Management LLC increased its holdings in Viking by 100.0% in the 1st quarter. Golden State Wealth Management LLC now owns 3,300 shares of the company's stock worth $131,000 after buying an additional 1,650 shares during the period. 98.84% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Truist Financial raised their price target on shares of Viking from $49.00 to $50.00 and gave the stock a "hold" rating in a research report on Friday, March 14th. Morgan Stanley reduced their price target on shares of Viking from $49.00 to $47.00 and set an "overweight" rating for the company in a research report on Thursday, April 10th. Barclays reduced their price target on shares of Viking from $46.00 to $45.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 22nd. UBS Group raised their price target on shares of Viking from $54.00 to $55.00 and gave the stock a "buy" rating in a research report on Tuesday, March 18th. Finally, Redburn Atlantic raised shares of Viking to a "hold" rating in a research report on Tuesday, April 1st. Five research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat, Viking currently has a consensus rating of "Moderate Buy" and an average target price of $49.87.

Viking Stock Up 0.9%

Shares of NYSE:VIK traded up $0.46 during trading on Friday, hitting $52.85. 17,874,795 shares of the stock traded hands, compared to its average volume of 2,607,048. The company has a market cap of $23.42 billion and a price-to-earnings ratio of 42.97. The company has a fifty day moving average price of $45.40 and a two-hundred day moving average price of $44.98. Viking Holdings Ltd. has a 52-week low of $30.56 and a 52-week high of $53.34.

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