Viking Holdings Ltd. $VIK Shares Newly Bought by Baypointe Partners LLC

Key Points

• Baypointe Partners LLC initiated a 30,000-share Viking Holdings position worth approximately $2.35 million, making VIK its largest holding at 17.5% of the portfolio. Hedge funds and institutional investors collectively own 98.84% of the stock.
• Executive Vice President Milton Hugh sold 20,000 shares for about $1.71 million, reducing his ownership by 3.3% while retaining 585,571 shares.
• Analysts maintain a broadly positive outlook, with VIK carrying a “Moderate Buy” consensus rating and an average price target of $106.61. The company recently beat quarterly earnings and revenue estimates, reporting $1.31 EPS and $2.19 billion in revenue, though several analysts have lowered or revised their targets.

Baypointe Partners LLC bought a new position in shares of Viking Holdings Ltd. (NYSE:VIK - Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 30,000 shares of the company's stock, valued at approximately $2,350,000. Viking comprises 17.5% of Baypointe Partners LLC's holdings, making the stock its biggest position.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. GAMMA Investing LLC increased its holdings in shares of Viking by 18.3% in the second quarter. GAMMA Investing LLC now owns 938 shares of the company's stock valued at $98,000 after purchasing an additional 145 shares during the period. Farther Finance Advisors LLC raised its stake in shares of Viking by 3.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 6,251 shares of the company's stock valued at $490,000 after buying an additional 218 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of Viking by 15.8% in the first quarter. PNC Financial Services Group Inc. now owns 1,869 shares of the company's stock worth $137,000 after buying an additional 255 shares during the last quarter. Ameritas Advisory Services LLC purchased a new stake in Viking in the 2nd quarter worth approximately $31,000. Finally, Basecamp Wealth Advisors LLC acquired a new stake in Viking during the first quarter valued at $25,000. 98.84% of the stock is owned by hedge funds and other institutional investors.

More Viking News

Here are the key news stories impacting Viking this week:

• Neutral Sentiment: VIK was included in a broader shipping-stocks watchlist, but the report does not identify a specific new catalyst, contract, or earnings update for Viking Holdings. Shipping Stocks To Watch Today - October 21st
• Neutral Sentiment: Several articles concern Viking FK, a Norwegian soccer club, including its Champions League loss to Aston Villa and coverage of captain Zlatko Tripić. These stories are unrelated to Viking Holdings Ltd. and should not affect the stock. Barkley and Buendía on target as Aston Villa sink Viking Unai Emery's tactical masterclass helps Aston Villa cruise past Viking
• Neutral Sentiment: Articles about Viking-era settlements, archaeological discoveries, and Norwegian history also refer to historical Vikings rather than the publicly traded cruise operator, providing no meaningful stock catalyst. The hidden Viking settlement found in North America
• Negative Sentiment: Susquehanna issued a pessimistic forecast for Viking Holdings’ stock price. The bearish research tone likely weighed on investor confidence, particularly as VIK already carries substantial leverage and is trading below its longer-term moving averages. Susquehanna Issues Pessimistic Forecast for Viking Stock Price

Insiders Place Their Bets

In related news, EVP Milton Hugh sold 20,000 shares of the business's stock in a transaction dated Friday, September 11th. The stock was sold at an average price of $85.57, for a total transaction of $1,711,400.00. Following the transaction, the executive vice president directly owned 585,571 shares in the company, valued at $50,107,310.47. The trade was a 3.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Analyst Ratings Changes

A number of brokerages recently weighed in on VIK. Mizuho raised their price target on shares of Viking from $75.00 to $82.00 and gave the company an "underperform" rating in a research note on Monday, August 24th. Weiss Ratings lowered Viking from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Monday. Stifel Nicolaus decreased their price objective on shares of Viking from $120.00 to $115.00 and set a "buy" rating for the company in a research note on Monday, September 28th. Susquehanna reduced their target price on Viking from $105.00 to $100.00 and set a "positive" rating on the stock in a research note on Tuesday. Finally, Jefferies Financial Group increased their target price on Viking from $100.00 to $115.00 and gave the stock a "buy" rating in a research report on Friday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $106.61.

Viking Price Performance

Shares of VIK opened at $82.33 on Friday. The stock's fifty day moving average is $85.11 and its 200-day moving average is $89.82. The firm has a market capitalization of $36.69 billion, a price-to-earnings ratio of 27.35, a price-to-earnings-growth ratio of 1.02 and a beta of 1.47. The company has a debt-to-equity ratio of 3.61, a quick ratio of 0.79 and a current ratio of 0.81. Viking Holdings Ltd. has a one year low of $56.37 and a one year high of $110.09.

Viking (NYSE:VIK - Get Free Report) last announced its earnings results on Thursday, August 20th. The company reported $1.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.26 by $0.05. The company had revenue of $2.19 billion for the quarter, compared to the consensus estimate of $2.14 billion. Viking had a net margin of 19.33% and a return on equity of 117.98%. The company's revenue was up 16.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.99 EPS. Equities analysts anticipate that Viking Holdings Ltd. will post 3.14 EPS for the current year.

Viking Company Profile

Viking Holdings Ltd., operating under the Viking brand, is a global travel and cruise company that provides destination-focused voyages for culturally curious travelers. The company offers river, ocean and expedition cruises, combining onboard accommodations and dining with shore excursions, cultural programming and other destination-based experiences.

Viking's river cruises operate on waterways in Europe, including the Rhine, Danube, Seine, Rhône and Douro, as well as in other regions such as Asia, Egypt and the United States.

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