Viking Holdings Ltd (NYSE:VIK) Stock Holdings Boosted by Tabor Asset Management LP

Tabor Asset Management LP increased its position in Viking Holdings Ltd (NYSE:VIK - Free Report) by 27.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 153,548 shares of the company's stock after acquiring an additional 33,433 shares during the period. Viking makes up 3.2% of Tabor Asset Management LP's portfolio, making the stock its 14th biggest position. Tabor Asset Management LP's holdings in Viking were worth $6,765,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of VIK. Hsbc Holdings PLC acquired a new stake in shares of Viking in the fourth quarter valued at approximately $567,000. Blue Chip Partners LLC bought a new position in Viking in the 4th quarter worth approximately $279,000. Renaissance Capital LLC increased its position in Viking by 8.5% in the 4th quarter. Renaissance Capital LLC now owns 121,547 shares of the company's stock valued at $5,355,000 after acquiring an additional 9,527 shares during the period. JPMorgan Chase & Co. raised its stake in Viking by 883.7% during the 4th quarter. JPMorgan Chase & Co. now owns 1,191,731 shares of the company's stock valued at $52,508,000 after acquiring an additional 1,070,589 shares in the last quarter. Finally, Oppenheimer & Co. Inc. bought a new stake in Viking during the 4th quarter valued at $339,000. 98.84% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Redburn Atlantic raised Viking to a "hold" rating in a research note on Tuesday, April 1st. Melius Research set a $51.00 target price on shares of Viking in a research report on Monday, April 21st. Northcoast Research began coverage on shares of Viking in a research report on Friday, April 25th. They set a "buy" rating and a $51.00 price target on the stock. UBS Group upped their price target on shares of Viking from $54.00 to $55.00 and gave the stock a "buy" rating in a research note on Tuesday, March 18th. Finally, Morgan Stanley lowered their price objective on shares of Viking from $49.00 to $47.00 and set an "overweight" rating on the stock in a research note on Thursday, April 10th. Five analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $46.89.

Viking Stock Performance

Shares of NYSE:VIK opened at $48.37 on Monday. The company has a market capitalization of $20.87 billion and a PE ratio of 186.05. The stock has a fifty day moving average of $40.80 and a 200-day moving average of $44.47. Viking Holdings Ltd has a one year low of $28.62 and a one year high of $53.14.

Viking (NYSE:VIK - Get Free Report) last announced its earnings results on Tuesday, March 11th. The company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.36 by $0.09. The company had revenue of $1.35 billion for the quarter, compared to analysts' expectations of $1.34 billion. The firm's revenue for the quarter was up 20.5% compared to the same quarter last year. As a group, research analysts forecast 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.

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