Viking Holdings Ltd. $VIK Stake Raised by Krilogy Financial LLC

Krilogy Financial LLC increased its holdings in Viking Holdings Ltd. (NYSE:VIK) by 175.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,874 shares of the company’s stock after acquiring an additional 6,924 shares during the period. Krilogy Financial LLC’s holdings in Viking were worth $758,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. Park Avenue Securities LLC lifted its stake in Viking by 2.7% in the 4th quarter. Park Avenue Securities LLC now owns 6,733 shares of the company’s stock worth $481,000 after acquiring an additional 177 shares in the last quarter. Legacy Wealth Asset Management LLC lifted its stake in Viking by 3.3% in the 4th quarter. Legacy Wealth Asset Management LLC now owns 5,780 shares of the company’s stock worth $413,000 after acquiring an additional 187 shares in the last quarter. CI Investments Inc. lifted its stake in Viking by 53.1% in the 3rd quarter. CI Investments Inc. now owns 551 shares of the company’s stock worth $34,000 after acquiring an additional 191 shares in the last quarter. Simon Quick Advisors LLC lifted its stake in Viking by 1.5% in the 3rd quarter. Simon Quick Advisors LLC now owns 17,127 shares of the company’s stock worth $1,065,000 after acquiring an additional 249 shares in the last quarter. Finally, GAMMA Investing LLC lifted its stake in Viking by 158.3% in the 4th quarter. GAMMA Investing LLC now owns 545 shares of the company’s stock worth $39,000 after acquiring an additional 334 shares in the last quarter. 98.84% of the stock is owned by hedge funds and other institutional investors.

Viking Stock Down 1.6%

VIK opened at $80.02 on Thursday. Viking Holdings Ltd. has a fifty-two week low of $38.50 and a fifty-two week high of $87.00. The business has a 50-day moving average of $75.25 and a 200-day moving average of $69.73. The company has a debt-to-equity ratio of 4.76, a current ratio of 0.79 and a quick ratio of 0.77. The company has a market capitalization of $35.66 billion, a PE ratio of 31.14, a price-to-earnings-growth ratio of 1.50 and a beta of 1.90.

Viking (NYSE:VIK) last issued its quarterly earnings data on Saturday, February 14th. The company reported $0.67 earnings per share for the quarter. Viking had a return on equity of 240.75% and a net margin of 17.65%.The business had revenue of $1.72 billion for the quarter. Equities research analysts forecast that Viking Holdings Ltd. will post 3.32 EPS for the current fiscal year.

Insider Buying and Selling at Viking

In related news, EVP Jeffrey Dash sold 46,369 shares of the firm’s stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $80.23, for a total value of $3,720,184.87. Following the transaction, the executive vice president directly owned 420,022 shares of the company’s stock, valued at approximately $33,698,365.06. This trade represents a 9.94% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Wall Street Analyst Weigh In

VIK has been the subject of a number of recent research reports. Bank of America raised their price target on Viking from $70.00 to $80.00 and gave the stock a “buy” rating in a research note on Monday, January 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Viking in a research note on Monday, December 29th. Mizuho raised their price target on Viking from $59.00 to $69.00 and gave the stock an “underperform” rating in a research note on Thursday, March 5th. Wells Fargo & Company raised their price target on Viking from $78.00 to $79.00 and gave the stock a “cautious” rating in a research note on Wednesday, April 15th. Finally, Susquehanna initiated coverage on Viking in a research note on Wednesday. They set a “positive” rating and a $100.00 price target for the company. Twelve research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $79.93.

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.