Versor Investments LP Has $648,000 Stock Holdings in Viking Holdings Ltd. $VIK

Versor Investments LP lifted its position in shares of Viking Holdings Ltd. (NYSE:VIK) by 53.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,165 shares of the company’s stock after purchasing an additional 4,231 shares during the period. Versor Investments LP’s holdings in Viking were worth $648,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of VIK. Central Pacific Bank Trust Division grew its stake in Viking by 2.4% in the 2nd quarter. Central Pacific Bank Trust Division now owns 11,887 shares of the company’s stock valued at $633,000 after buying an additional 274 shares during the last quarter. Cerity Partners LLC grew its stake in Viking by 1.7% in the 1st quarter. Cerity Partners LLC now owns 19,105 shares of the company’s stock valued at $759,000 after buying an additional 324 shares during the last quarter. Harbour Investments Inc. grew its stake in Viking by 37.2% in the 1st quarter. Harbour Investments Inc. now owns 1,277 shares of the company’s stock valued at $51,000 after buying an additional 346 shares during the last quarter. Commerce Bank grew its stake in Viking by 4.7% in the 1st quarter. Commerce Bank now owns 8,936 shares of the company’s stock valued at $355,000 after buying an additional 399 shares during the last quarter. Finally, Pittenger & Anderson Inc. acquired a new position in Viking in the 2nd quarter valued at about $27,000. Institutional investors own 98.84% of the company’s stock.

Viking Stock Performance

NYSE VIK opened at $60.52 on Tuesday. The company has a quick ratio of 0.62, a current ratio of 0.64 and a debt-to-equity ratio of 19.33. The company has a market capitalization of $26.82 billion, a P/E ratio of 32.72, a P/E/G ratio of 0.71 and a beta of 2.20. Viking Holdings Ltd. has a 12-month low of $31.79 and a 12-month high of $65.37. The firm has a 50-day moving average price of $61.40 and a two-hundred day moving average price of $54.54.

Viking (NYSE:VIK) last posted its quarterly earnings data on Tuesday, August 19th. The company reported $0.99 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.00 by ($0.01). The business had revenue of $1.88 billion during the quarter, compared to the consensus estimate of $1.84 billion. Viking had a net margin of 13.99% and a negative return on equity of 374.71%. The business’s revenue for the quarter was up 18.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.89 EPS. Analysts anticipate that Viking Holdings Ltd. will post 1.49 earnings per share for the current year.

Analyst Upgrades and Downgrades

VIK has been the topic of a number of research reports. UBS Group upped their price target on shares of Viking from $55.00 to $69.00 and gave the company a “buy” rating in a research note on Wednesday, August 20th. Barclays upped their price target on shares of Viking from $61.00 to $62.00 and gave the company an “equal weight” rating in a research note on Friday, October 3rd. Truist Financial upped their price target on shares of Viking from $55.00 to $59.00 and gave the company a “hold” rating in a research note on Friday, September 19th. Wall Street Zen lowered shares of Viking from a “buy” rating to a “hold” rating in a research note on Friday, August 22nd. Finally, Jefferies Financial Group boosted their price objective on shares of Viking from $45.00 to $52.00 and gave the company a “hold” rating in a report on Monday, July 7th. Nine equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Viking presently has a consensus rating of “Moderate Buy” and an average price target of $58.93.

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.