Graham Capital Management L.P. Has $5.09 Million Stock Position in Viking Holdings Ltd (NYSE:VIK)

Graham Capital Management L.P. raised its position in Viking Holdings Ltd (NYSE:VIK - Free Report) by 607.4% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 115,616 shares of the company's stock after acquiring an additional 99,272 shares during the period. Graham Capital Management L.P.'s holdings in Viking were worth $5,094,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Blue Chip Partners LLC bought a new stake in Viking during the 4th quarter valued at $279,000. Hsbc Holdings PLC bought a new stake in shares of Viking during the fourth quarter worth about $567,000. Renaissance Capital LLC raised its holdings in shares of Viking by 8.5% in the 4th quarter. Renaissance Capital LLC now owns 121,547 shares of the company's stock worth $5,355,000 after acquiring an additional 9,527 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Viking by 883.7% in 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 worth approximately $339,000. Institutional investors own 98.84% of the company's stock.

Analyst Ratings Changes

VIK has been the topic of a number of recent research reports. JPMorgan Chase & Co. raised their target price on Viking from $50.00 to $58.00 and gave the company an "overweight" rating in a report on Friday, January 17th. Redburn Atlantic raised shares of Viking to a "hold" rating in a report on Tuesday, April 1st. BNP Paribas began coverage on shares of Viking in a research note on Thursday, March 27th. They issued an "outperform" rating and a $47.00 target price for the company. Melius Research set a $51.00 price target on shares of Viking in a research report on Monday, April 21st. Finally, Truist Financial increased their price objective on shares of Viking from $49.00 to $50.00 and gave the company a "hold" rating in a research note on Friday, March 14th. Five investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $46.89.

Viking Stock Down 0.8 %

NYSE VIK opened at $43.23 on Friday. The firm has a market cap of $18.65 billion and a P/E ratio of 166.27. The company's 50 day moving average is $40.53 and its 200-day moving average is $44.13. Viking Holdings Ltd has a 12-month low of $27.60 and a 12-month high of $53.14.

Viking (NYSE:VIK - Get Free Report) last issued its earnings results on Tuesday, March 11th. The company reported $0.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.36 by $0.09. The business had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.34 billion. Viking's revenue for the quarter was up 20.5% on a year-over-year basis. Equities analysts expect that Viking Holdings Ltd will post 1.49 EPS for the current year.

Viking Company 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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