Y Intercept Hong Kong Ltd Buys 4,595 Shares of Viking Holdings Ltd (NYSE:VIK)

Y Intercept Hong Kong Ltd increased its stake in shares of Viking Holdings Ltd (NYSE:VIK) by 19.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 27,951 shares of the company’s stock after purchasing an additional 4,595 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Viking were worth $1,232,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. New York State Common Retirement Fund purchased a new position in Viking during the fourth quarter worth $119,000. Pinnbrook Capital Management LP bought a new stake in shares of Viking in the 4th quarter worth about $4,332,000. Blue Chip Partners LLC purchased a new position in shares of Viking during the 4th quarter worth about $279,000. CIBC Asset Management Inc grew its holdings in Viking by 5.6% during the 4th quarter. CIBC Asset Management Inc now owns 9,257 shares of the company’s stock valued at $408,000 after purchasing an additional 491 shares during the last quarter. Finally, Rhumbline Advisers purchased a new stake in Viking in the 4th quarter worth about $130,000. Hedge funds and other institutional investors own 98.84% of the company’s stock.

Viking Trading Up 1.9 %

NYSE VIK opened at $49.05 on Thursday. Viking Holdings Ltd has a 52 week low of $25.71 and a 52 week high of $53.14. The company has a 50 day moving average price of $47.64 and a 200 day moving average price of $42.00.

Analysts Set New Price Targets

VIK has been the subject of several recent analyst reports. Citigroup started coverage on Viking in a research report on Thursday, December 19th. They set a “buy” rating and a $54.00 target price for the company. JPMorgan Chase & Co. boosted their price objective on Viking from $50.00 to $58.00 and gave the company an “overweight” rating in a report on Friday, January 17th. Stifel Nicolaus increased their target price on Viking from $39.00 to $50.00 and gave the stock a “buy” rating in a research note on Monday, November 18th. Loop Capital began coverage on shares of Viking in a research note on Tuesday, February 4th. They set a “buy” rating and a $55.00 target price for the company. Finally, Bank of America boosted their price target on Viking from $40.00 to $51.00 and gave the company a “buy” rating in a report on Wednesday, November 13th. Four investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $45.13.

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.