Boothbay Fund Management LLC Increases Stock Position in Viking Holdings Ltd (NYSE:VIK)

Boothbay Fund Management LLC boosted its position in shares of Viking Holdings Ltd (NYSE:VIK - Free Report) by 54.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 237,395 shares of the company's stock after acquiring an additional 83,761 shares during the period. Boothbay Fund Management LLC owned 0.06% of Viking worth $10,460,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Kovitz Investment Group Partners LLC bought a new stake in Viking during the fourth quarter valued at approximately $6,574,000. Integrated Wealth Concepts LLC bought a new stake in shares of Viking in the 4th quarter worth approximately $202,000. Evercore Wealth Management LLC bought a new stake in shares of Viking in the 4th quarter worth approximately $53,834,000. Hood River Capital Management LLC lifted its holdings in shares of Viking by 8.9% in the 4th quarter. Hood River Capital Management LLC now owns 241,124 shares of the company's stock worth $10,624,000 after acquiring an additional 19,658 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its holdings in shares of Viking by 77.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 820,231 shares of the company's stock worth $36,140,000 after acquiring an additional 359,189 shares during the last quarter. Hedge funds and other institutional investors own 98.84% of the company's stock.

Analysts Set New Price Targets

VIK has been the subject of a number of recent research reports. Melius Research set a $51.00 price objective on shares of Viking in a report on Monday, April 21st. Barclays lowered their price objective on shares of Viking from $46.00 to $45.00 and set an "equal weight" rating for the company in a report on Tuesday, April 22nd. Truist Financial upped their price target on shares of Viking from $49.00 to $50.00 and gave the company a "hold" rating in a report on Friday, March 14th. The Goldman Sachs Group lowered their price target on shares of Viking from $51.00 to $44.00 and set a "neutral" rating for the company in a report on Wednesday, April 23rd. Finally, Jefferies Financial Group assumed coverage on shares of Viking in a report on Monday, March 31st. They set a "hold" rating and a $45.00 price target for the company. Five analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $46.89.

Viking Stock Up 0.3 %

Shares of NYSE:VIK traded up $0.11 during midday trading on Thursday, reaching $41.14. The company's stock had a trading volume of 922,255 shares, compared to its average volume of 3,180,952. The firm has a 50 day moving average of $41.27 and a 200-day moving average of $43.95. The firm has a market capitalization of $17.75 billion and a P/E ratio of 158.23. Viking Holdings Ltd has a 12-month low of $26.32 and a 12-month high of $53.14.

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

About Viking

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.