6,369 Shares in Viking Holdings Ltd (NYSE:VIK) Acquired by PharVision Advisers LLC

PharVision Advisers LLC purchased a new stake in Viking Holdings Ltd (NYSE:VIK) during the 4th quarter, Holdings Channel.com reports. The fund purchased 6,369 shares of the company’s stock, valued at approximately $281,000.

Other hedge funds also recently added to or reduced their stakes in the company. Avior Wealth Management LLC boosted its holdings in shares of Viking by 37.1% in the 4th quarter. Avior Wealth Management LLC now owns 1,053 shares of the company’s stock valued at $46,000 after buying an additional 285 shares in the last quarter. Quarry LP acquired a new stake in Viking during the 4th quarter worth $66,000. Golden State Wealth Management LLC purchased a new stake in Viking in the fourth quarter valued at $73,000. New York State Common Retirement Fund acquired a new position in Viking in the fourth quarter valued at $119,000. Finally, Rhumbline Advisers acquired a new position in Viking in the fourth quarter valued at $130,000. 98.84% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on VIK shares. Redburn Atlantic upgraded Viking to a “hold” rating in a research note on Tuesday, April 1st. The Goldman Sachs Group decreased their price objective on Viking from $51.00 to $44.00 and set a “neutral” rating for the company in a report on Wednesday, April 23rd. Northcoast Research assumed coverage on shares of Viking in a research report on Friday, April 25th. They set a “buy” rating and a $51.00 target price on the stock. Loop Capital assumed coverage on shares of Viking in a research report on Tuesday, February 4th. They issued a “buy” rating and a $55.00 price target for the company. Finally, Barclays decreased their price target on shares of Viking from $46.00 to $45.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 22nd. Five analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $46.94.

Viking Stock Performance

VIK stock opened at $43.15 on Thursday. The stock has a market capitalization of $18.62 billion and a PE ratio of 165.97. The company has a fifty day moving average of $41.09 and a 200-day moving average of $44.51. Viking Holdings Ltd has a one year low of $28.67 and a one year high of $53.14.

Viking (NYSE:VIK) last posted its quarterly earnings results on Tuesday, May 20th. The company reported ($0.24) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.26) by $0.02. The firm had revenue of $897.06 million for the quarter, compared to analysts’ expectations of $841.18 million. During the same period in the prior year, the company earned ($1.21) earnings per share. The company’s revenue for the quarter was up 24.9% on a year-over-year basis. Equities analysts forecast that Viking Holdings Ltd will post 1.49 earnings per share for the current fiscal 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.